Coinbase is a digital currency exchange headquartered in San Francisco, California. They broker exchanges of Bitcoin (₿), Ethereum (Ξ), Litecoin (Ł) and other digital assets with fiat currencies in 32 countries, and bitcoin transactions and storage in 190 countries worldwide.
Archive | December, 2017
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Litecoin (LTC or Ł) is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license. Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority. While inspired by, and in most regards technically nearly identical to Bitcoin (BTC), Litecoin has some minor technical differences compared to Bitcoin and other major cryptocurrencies.
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Bitstamp is a bitcoin exchange located in Luxembourg. It allows trading between USD money and bitcoin cryptocurrency. It allows USD, EUR, bitcoin, litecoin, ethereum, or Ripple debris and withdrawals.
The business was founded as a European-focused option to then-dominant bitcoin exchange Mt. Gox. As the company deals in US us dollars, it allows money to be transferred through the Western Union’s Solitary Euro Repayments Area, a convenient way of moving money between Western bank accounts.
Bitstamp provides an API to permit clients to utilize custom software to gain access to and control their accounts.
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MinerGate is an open-source multi-cryptocurrency mining pool and GUI miner. Created on March 2014, MinerGate provides two main mining services : merged-mining that allows users to mine two different coins simultaneously without decrease of hashrate for major coin, and smart-mining to mine the most profitable cryptocurrency at the time.
Having been the first mining pool for CryptoNote based currencies, MinerGate supports today the following currencies : Aeoncoin (AEON), Bitcoin (BTC), Bytecoin (BCN), Dashcoin (DSH), DigitalNote (XDN), Ethereum (ETH), Ethereum Classic (ETC), Fantomcoin (FCN), Infinium-8 (INF8), Litecoin (LTC), Monero (XMR), MonetaVerde (MCN), Quazarcoin (QCN) and Zcash (ZEC).
MinerGate supports both PPS and PPLNS payment modes.
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This is a list of cryptocurrencies. The number of cryptocurrencies available over the internet as of 27 November 2017 is over 1324 and growing. A new cryptocurrency can be created at any time. By market capitalization, Bitcoin is currently (2017-08-19) the largest blockchain network, followed by Ethereum, Bitcoin Cash, Ripple and Litecoin.
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PotCoin (code: POT) is a peer-to-peer cryptocurrency which exists with the aim of becoming the standard form of payment for the legalized cannabis industry. PotCoin is an open source software project released under the MIT/X11 license and was technically nearly identical to Litecoin until August 23, 2015, when Potcoin changed to POSV similar to Reddcoin. PotCoin is not managed by any central authority and provides a decentralised solution for the transfer of value. As of August 2014, PotCoin has received mainstream media coverage from agencies such as Fox Business, Vice, and TechCrunch.
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Auroracoin (code: AUR, symbol: ᚠ) is a peer-to-peer cryptocurrency launched in February 2014 as an Icelandic alternative to bitcoin and the Icelandic króna. The unknown creator or creators use the pseudonym Baldur Friggjar Óðinsson (or Odinsson). They stated that they planned to distribute half of auroracoins that would ever be created to all 330,000 people listed in Iceland’s national ID database beginning on March 25, 2014, free of charge, coming out to 31.8 auroracoins per person.
Auroracoin was created as an alternative currency to address the government restrictions on Iceland’s króna, in place since 2008, which severely restricts movement of the currency outside the country. Iceland’s Foreign Exchange Act also prohibits the foreign exchange of bitcoins from the country, according to a government minister. Auroracoin was the first of a number of country-based cryptocurrencies.
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In cryptography, scrypt (pronounced “ess crypt”) is a password-based key derivation function created by Colin Percival, originally for the Tarsnap online backup service. The algorithm was specifically designed to make it costly to perform large-scale custom hardware attacks by requiring large amounts of memory. In 2016, the scrypt algorithm was published by IETF as RFC 7914. A simplified version of scrypt is used as a proof-of-work scheme by a number of cryptocurrencies, first implemented by an anonymous programmer called ArtForz in Tenebrix and followed by Fairbrix and Litecoin soon after.
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BTCS, Inc. (also called Bitcoin Shop, Inc.) is a publicly traded company based in the US, whose stated line of business is development of applications related to blockchain databases and digital currencies.
In April 2015, according to company releases, its shares were valued at 0.30 USD or more. In July 2016, the price had dropped to 0.001 USD.In August 2017 It was reported that BTCS has signed a non-binding letter of intent with Blockchain Global Limited.
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BTC-e was a digital currency trading platform and exchange. It was founded in July 2011 and as of February 2015 handled around 3% of all Bitcoin exchange volume. Until the 25th of July 2017, it allowed trading between the U. S. dollar, Russian ruble and euro currencies, and the bitcoin, litecoin, namecoin, novacoin, peercoin, dash and ethereum cryptocurrencies.
It has been a component of the CoinDesk Bitcoin Price Index since the index started in September 2013.
BTC-e is operated by ALWAYS EFFICIENT LLP, which is registered in London and is listed as having 2 officers: Sandra Gina Esparon and Evaline Sophie Joubert and two people with significant control: Alexander Buyanov and Andrii Shvets.
The US Justice Dept attempted to close down BTC-e on the 26th of July 2017 when they charged Alexander Vinnik and BTC-e in a 21-count indictment for operating an alleged international money laundering scheme and allegedly laundering funds from the hack of Mt. Gox.
