New Bitcoin.com Charts: The Bitcoin Ecosystem at a Glance
The bitcoin environment is quite vast, and many people and organizations like to study the data that’s tied to this innovative ecosystem. Charts like these show a graphical representation of the various facets involved with Bitcoin. The most popular types of analytical data people like to research include price, circulating supply, mining data and much more.
Now our visitors can drop by charts.Bitcoin.com to check out a myriad of charts that cover the broad constellation of Bitcoin data. The new section covers market statistics, block details, activity & usage, mining data, economic measurements, and an advanced section with more technical particulars. Our chart section was designed by our Senior developer, Clark Moody, an early bitcoin enthusiast and programmer who built the first real-time exchange data site for the bitcoin ecosystem.
For instance, market statistics has charts that show Bitcoin price, market capitalization, the current money supply, and chain value density. If a user toggles a certain chart, they can change certain aspects like the time period setting, changing the value scale to linear or logarithmic, a night & day setting and much more. At charts.Bitcoin.com there’s also an economic section that shows a variety of data collected measuring Bitcoin’s economic health. In this section, visitors can collect data on BTC’s inflation rates, Metcalfe’s Law, and the velocity of money.
Full story at http://bit.ly/2xu2rAW
Source: Bitcoin News
Cryptocurrency Market Cap Up Nearly 800 Percent In 2017, Bitcoin Accounts for Half
While Bitcoin holds top spot in terms of market capitalization, the broader asset classes of altcoins have seen the market cap of all cryptocurrencies expand by nearly 800 percent to date.
That growth equates to a market cap of $158.5 bln as it stands, which is currently 795 percent higher for the year. This market cap sees cryptocurrencies larger than many national currencies, as well as other major payment networks.
Bitcoin, as the most well know of the digital currencies, has seen huge growth recently with the successful implementation of SegWit. However, while Bitcoin’s market cap accounts for just under 50 percent of the total, it is the general interest in a broad array of altcoins that is pushing the cap higher.
In fact, some coins are seeing such sharp rises that it is astounding many in the community. The likes of Dogecoin, which started as a joke, has a market cap close to $200 mln.
Full story at http://bit.ly/2xuudNx
Source: CoinTelegraph
Bitcoin and Cryptocurrency Technologies Online Course (12 Lectures)
Bitcoin and Cryptocurrency Technologies provides a comprehensive introduction to the revolutionary yet often misunderstood new technologies of digital currency. Whether you are a student, software developer, tech entrepreneur, or researcher in computer science, this authoritative and self-contained book tells you everything you need to know about the new global money for the Internet age.
How do Bitcoin and its block chain actually work? How secure are your bitcoins? How anonymous are their users? Can cryptocurrencies be regulated? These are some of the many questions this book answers. It begins by tracing the history and development of Bitcoin and cryptocurrencies, and then gives the conceptual and practical foundations you need to engineer secure software that interacts with the Bitcoin network as well as to integrate ideas from Bitcoin into your own projects. Topics include decentralization, mining, the politics of Bitcoin, altcoins and the cryptocurrency ecosystem, the future of Bitcoin, and more.
Full story at http://bit.ly/2xtYDja
Source: Steemit
How Bitcoin is making waves in the luxury market
(CNN) - When Bitcoin and a subsequent raft of cryptocurrencies first landed in the early part of the decade, many people -- including noted economists and finance experts -- dismissed them as a fad.
These new forms of digital money were viewed as little more than capitalist Tamagotchis, currencies with no value to anyone except those looking to buy illicit items.
The raft of coffee shops selling lattes for Bitcoins have gone some way to disprove these negative perceptions, but the availability of luxury items like jewelry, cars and even fine art have really stated cryptocurrencies' case for permanence -- nearly a decade after they first came about.
"Many economists dismissed it as a flawed form of money, something that could never achieve the level of adoption that it has," said Dr. Garrick Hileman, an economic historian at the University of Cambridge and the London School of Economics.
"Today we estimate 5 to 10 million unique active users of cryptocurrencies, and in my opinion that's nothing short of a minor economic miracle."
Full story at http://cnn.it/2xtKSRo
Source: CNN
Bitcoin Miners in Russia ‘In Talks’ To Get Spare Energy From Energy Firms
In a further twist to Russia’s complex approach to cryptocurrency, power plants have begun selling excess capacity to Bitcoin miners.
As local news outlet Daily Storm reports Monday, the country’s largest energy providers Gazprom and EuroSibEnergo are currently “in talks” with “tens” of miners looking to take advantage of cheap electricity prices.
“No contracts have been finalized so far, but the company (EuroSibEnergo) is not declining partnership opportunities,” reports state.
An interactive map shows around 70 “potential” locations miners could use to benefit from spare capacity.
Full story at http://bit.ly/2xu8Bkr
Source: CoinTelegraph
Kim Dotcom Teases Micro-tipping App Bitcache for Youtubers
Kim Dotcom has been teasing his new product for quite some time, and news.Bitcoin.com recently reported on his last announcement that Bitcache was coming this August. Well, Dotcom hasn’t released the platform yet, but revealed a new video of the Bitcache application that’s aimed at Youtube content creators. From the video, the app looks like a plugin similar to Protip,where users can add a tipping extension to their browser and tip Youtube content creators microtransactions paid in bitcoin.
The video shows the application’s user interface that features a content creator setting a desired amount of mBTC for tipping. Moreover, the Youtuber can toggle between multiple hosting venues like Google Drive, Dropbox, One Drive, Creative Cloud and more. When looking at a Youtube page from the viewer’s side, a Bitcache download button appears on the page, where fans can donate the set amount of mBTC to their favorite channels.
Much like many of Dotcom’s previous teases, the Bitcache video is short, only 49 seconds long. The entire teaser doesn’t show much of the platform’s interface but quickly shows a few key elements. We do know the platform will operate with microtransactions by utilizing an off-chain technique. Dotcom explained last year, “In order to provide a service that works with bitcoin, we had to come up with our own payment solution. The bitcoin basically enters the Bitcache wallet system off the chain.”
Full story at http://bit.ly/2xtN6QV
Source: Bitcoin News
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