Skip to main content

Bitcoin in Brief Saturday: Fork-o-Mania and Flying Cars

As author William Gibson memorably observed, “The future is already here — it’s just not very evenly distributed”. Today’s clutch of stories attest to that. Blockchain air taxis, dual forks, and digitally scarce pillow cases may not be the future we dreamed of, but it’s the one we’ve gotten. Welcome to the weekend edition of Bitcoin in Brief.

Also read: Bitcoin in Brief Friday: World Satoshi Summit Canceled, Pump and Dump Scheme Exposed

From Bitcoin Private to Bitcoin Prime

Bitcoin Private developer Rhett Creighton is Bitcoin Private no more. He’s been booted out of the project, which controversially forked from Bitcoin and Zclassic earlier this year, for tweeting that it should be possible to do the same with Bitcoin and Primecoin. Read like that, it sounds like Rhett was ejected simply for expressing an opinion, but the statement triggered Jackson Palmer’s bullshit detector, prompting him to do some digging.

Bitcoin in Brief Saturday: Fork-o-Mania and Flying Cars

After being put on the spot by ex-Dogecoin developer Jackson, Rhett confessed that he’d bought a bunch of Primecoin, which has since pumped just like Zclassic did ahead of the Bitcoin Private fork. Jackson then labeled Rhett the “Martin Shkreli of cryptocurrency” for price manipulation and hopping from fork to fork, and urged the community to start calling out such behavior. Rhett, for his part, blocked his antagonist on Twitter and merrily urged everyone to join the Bitcoin Prime Telegram group to discuss his latest dual fork. Place your bets on which dying coin Rhett will buy up and fork next.

Bitcoin in Brief Saturday: Fork-o-Mania and Flying Cars

Uber Air, Anyone?

You’re probably tired of hearing about “disruptive” new ICOs that are “Uber for X”. Well, it’s hard to describe Vimana Global’s air taxis as anything other than Uber for air. The vehicles will be making their debut at the Futurama Blockchain Innovators Summit in Dubai, May 3-6. The question is, will anyone be brave enough to step inside and take to the skies? For delegates who aren’t convinced by the prospect of oversized drones, the event also promises camel rides and hot air balloon flights. Blockchain conferences are turning into Burning Man.

Bitcoin in Brief Saturday: Fork-o-Mania and Flying Cars

Don’t Talk to CZ Unless You Hodl Crypto

There’s been some debate over whether owning a particular cryptocurrency – or indeed any crypto – should prevent a journalist from writing about it. Some publications, such as the New York Times, bar their writers from doing so, while others require full disclosure. Binance boss CZ has taken the opposite approach, complaining that there’s a generation of journalists emerging who “have never done a single blockchain transaction writing/”teaching the public” about blockchain.” He’s got a point.

Bitcoin in Brief Saturday: Fork-o-Mania and Flying Cars

Digitally Scarce Pillow Cases Are So Hot Right Now

Bitcoin in Brief Saturday: Fork-o-Mania and Flying CarsThere are those who see the rise of non-fungible tokens (NFTs) and digital collectibles as little more than a fad. And then there are others, such as Digital Currency Group’s Barry Silbert, who are bullish on NFTs, and Decentraland in particular. Cryptogoods launched earlier this month as a site where you can have your Cryptokitties printed on mugs, pillowcases, and a bunch of other merch. The USP is that only the token owner is allowed to order designs of their cats. This is the future we chose.

Do you think bitcoin forking mania has gone too far? Let us know in the comments section below.


Images courtesy of Shutterstock, and Cryptogoods.


Need to calculate your bitcoin holdings? Check our tools section.

The post Bitcoin in Brief Saturday: Fork-o-Mania and Flying Cars appeared first on Bitcoin News.



from Bitcoin News https://ift.tt/2FpMnTo

Comments

Popular posts from this blog

Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’

On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week speculation and rumors concerning the release of 140K bitcoin ( BTC ) from Mt Gox littered social media platforms and headlines. Bitcoin.com News covered the situation six days ago as a number of people and Mt Gox creditors called the rumors “ fake news .” During that same period of time, a bitcoin whale transferred 10,000 BTC to unknown wallets, and a 2018 annotation , heuristics, and clustering methods show the funds likely originated from the June 2011 Mt Gox hacks. Following the mysterious whale transfer, last Wednesday, Mt Gox published an official update from the court trustee Nobuaki Kobayashi that explains the court is “currently preparing to make repayments” to creditors. Mt Gox creditors have been wait...

DefiDollar Listing on AscendEX

PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the DefiDollar Token (DFD) under the pair USDT/DFD on Apr 29 at 1:00 p.m. UTC. DefiDollar is a DeFi lab that aims to bring mass adoption to DeFi with a wide-ranging product suite. The first product offering to go live will be the stablecoin index – DUSD, with ibBTC and optionCoin currently in development. DefiDollar (DUSD) aspires to be a risk-insured stablecoin layer for DeFi. It is designed to provide a safe and stable way for users to hold their assets with DUSD being optimized for peg safety, yield, and diversification. DefiDollar uses DeFi primitives to stay close to the dollar mark. DUSD provides an avenue for diversifying stablecoin holdings to hedge against an event where the underlying stablecoins like Tether or DAI deviate from their peg. DUSD is collateralized by Curve Finance LP tokens. DFD is the n...

International Crypto Exchange Luno Adds Bitcoin Cash Trading

Luno exchange has added bitcoin cash trading to the platform following feedback from its client base. BCH is now only the third cryptocurrency available for trading on the exchange, in addition to BTC and ETH , but more options could be on the way once Luno determines that they are credible enough. Also Read: Bitflyer Adds Bitcoin Cash Trading Across Europe and the US Luno Adds Bitcoin Cash Trading Luno, the London-headquartered company formerly known as Bitx, recently announced that bitcoin cash was made available on its cryptocurrency exchange. Starting from Monday, September 23, customers at Luno are now able to store, buy and sell BCH on the platform. The reason given for adding BCH to the exchange is feedback from users in developing markets that convinced Luno to expand their offering from previously just BTC and ETH . Marcus Swanepoel, CEO of Luno, said , “We are in a new and exciting financial era. Developing economies are leading the large-scale adoption and appli...