Tag: Debate

US SEC Highlights Dedicated ICO Guide Amid Ongoing Regulatory Debate

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U.S. regulator the Securities and Exchange Commission (SEC) has reiterated guidelines on initial coin offerings (ICOs) in a tweet Feb. 10, as efforts to formalize the sector continue. A dedicated section of the regulator’s website now lists five aspects of ICOs the SEC considers essential, as well as a separate section for investors and market professionals. The content appears to have existed since March last year, with the SEC opting to draw renewed attention to it on social media this weekend. The material remains perhaps the most accessible publication into…

Proposal to Increase Bitcoin’s 21 Million Supply Sparks Debate

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21 is a number that holds deep symbology to bitcoiners. In addition to denoting the total number of bitcoins, in millions, that will ever be issued, it’s inspired scores of cryptocurrency business names, websites, and merchandise designs. Despite its assumed inviolability, some members of the community are opposed to Bitcoin’s rigidly set 21 million supply. If they have their way, that arbitrary cap will be lifted. For many devout bitcoiners, this suggestion is sacrilegious. Also read: Quadrigacx Saga: Founder’s Widow Owns $5.6m Properties, Hospital Confirms Cotten’s Death Bitcoin’s Fixed Supply –…

Litecoin Founder Stokes Debate Over ‘Bitcoin Extremists’ Tweet

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Litecoin (LTC) founder Charlie Lee has fired community debate with a tweet alleging that “some self-proclaimed Bitcoin Maximalists are actually Bitcoin Extremists.” Lee’s Jan. 6 post argued that: “Some self-proclaimed Bitcoin Maximalists are actually Bitcoin Extremists. They think all other coins are scams and will go to zero. Maximalists think Bitcoin is and will remain the dominant cryptocurrency but there is room for altcoins to exist and even do well.” Lee also opened a Twitter survey, which has drawn over 24,300 votes as of press time and is due to…

Kraken Wades into XRP Cryptocurency Naming Debate

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As Kraken adds XRP margin trading, it appears to have been drawn into a Ripple versus XRP naming debate that first emerged earlier this year. How the debate began with Kraken is unclear, but Kraken tweeted in an obvious response to a reference to its adding “Ripple XRP” to the platform and a recent blog post announcing the additions of XRP and Bitcoin Cash (BCH) to its margin trading offering. There does seem to be some ambiguous, and maybe tongue in cheek requests to buy “Ripple” shares rather than XRP…

The Daily: Wallet Hacking Debate Heats Up, Bitcoin-Based Patreon Alternative Emerges

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The Daily To kickstart the weekend, we’ve curated a handful of short but compelling stories from across the crypto sphere. First up, we’ll revisit the fallout from Wallet Fail’s demonstration of hardware wallet cracking. We’ll then move on to a Patreon alternative that’s powered by cryptocurrency and a viral tweetstorm about everything that’s allegedly wrong with Ethereum. Also read: Blockchain Company Buys Spanish Soccer Club, Cementing Crypto-Sports Connection More Hardware Wallet Manufacturers Respond to Hacking Claims As we reported yesterday, a team known as Wallet Fail have captured attention after…

South Korean National Assembly Holds Regulation Debate With Local Crypto Exchanges

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South Korea’s representative body, the National Assembly, has held a crypto regulation debate arranged by major local cryptocurrency exchanges, IT media oulet ZdNet Korea reports Monday, Dec. 10. According to local business outlet Financial Leaders, the topics of the debate were proposed by seven crypto exchanges — Bithumb, CobitCoin, Coinone, Upbit, Gopax, Coinplug and Hanbitco. The debate was attended both by crypto entrepreneurs and politicians, such as Democratic Party member Kim Byung-wook and representatives for the Liberty Korea and Bareunmirae parties, both with a significant number of seats in the…

Is Bitcoin Mining Causing Too Much Global Warming? The Debate Is HOT

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While Bitcoin remains at the top of the charts as the most popular and largest cryptocurrency by market cap, a recent study by some scientists doesn’t paint it as exactly cool. The study argues that Bitcoin mining could actually cause global warming to increase by 2 degrees (2C). On the other hand, a group of other scientists don’t think the mining of the valuable crypto is as dangerous as portrayed by the study. Could Bitcoin Mining Lead To A Bad Place? – The “YES” Party According to the said study…

Experts Debate Whether Blockchain Will Replace Current Payment Systems

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At the Money 20/20 conference in Las Vegas today Oct. 22, experts in the blockchain field debated the future of the technology and its potential effects on how payments are conducted. Ripple’s Chief Technology Officer David Schwartz and FIS Payments Senior Vice President of Product Strategy Esther Pigg offered competing visions of whether blockchain will benefit payments. According to Schwartz, blockchain technology will replace the world’s current payment systems, the developers of which are “putting bandages on a system that dates back to the dial-up era.” Blockchain will do to…

Bitcoin Adoption ‘Lost Years and Years’ Due to Scaling Debate: Roger Ver

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Bitcoin Adoption ‘Lost Years and Years’ Due to Scaling Debate: Roger Ver October 3, 2018 by Jon Southurst “Get the economics (of bitcoin) wrong and you get everything wrong,” said entrepreneur Roger Ver in his presentation last week at the World Digital Mining Summit in Georgia. He describes to Bitsonline in this interview how community infighting and censorship of information online has set back bitcoin adoption by years, and sent billions in value to other cryptocurrencies. Also see: Railroaded: Five Years Since Ross Ulbricht’s Imprisonment Subscribe to the Bitsonline YouTube channel for great…

Bitcoin Cash Upgrade Debate: One CPU Equals One Vote

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If you are a Bitcoin Cash (BCH) proponent you’ve definitely been hearing a lot about the upcoming hard fork scheduled for November 15. Most people have been discussing the conflict between the Bitcoin ABC developers and Nchain’s recently announced Bitcoin SV project. This week Nchain’s Steve Shadders shared a post concerning the Bitcoin SV client that’s due to publish next month. Essentially Shadders explains the Nchain team is not forcing anyone to 128MB blocks; rather they are encouraging miners to configure block size limits themselves. Also read: Fivebucks.com: Meet the Freelancer’s…