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In this post I articulate what a peer-to-peer transaction is, why Bitcoin transactions are not peer-to-peer, and why it is important to understand the differences clearly.

The post Bitcoin’s payments are not peer-to-peer! appeared first on Bits on Blocks.

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Another day, another catastrophic data breach.  This time it’s medical records in Singapore, where I live.  At this stage we’re almost immune to this kind of headline: Cyberattack on Singapore health database steals details of 1.5 million, including Prime Minister (Reuters) But this is quite bad.  Eileen Yu noted in her piece for ZDNet (my emphasis): […]
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Important note: If you own more than $1,000 worth of cryptocurrency then you should definitely be using a hardware wallet instead of keeping coins on exchanges.  I recommend a Trezor which you can buy for €89 directly from their website. Every few days I hear the argument “If x% of the money in gold (or […]
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I’m absolutely thrilled to be able to write about the open sourcing of Project Ubin Phase II, a key project that our team has been working on for the past seven months with the Monetary Authority of Singapore (MAS), ten banks, and our partner Accenture. What is Project Ubin?  It’s probably the most advanced starter […]
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