Bitcoin Expert

Charlie Lee: ‘To make Litecoin More Decentralized, Eventually I Would Step Away’ Charlie Lee claimed in a recent interview that he considers eventually ‘stepping away’ from Litecoin to make the coin truly decentralized. Charlie Lee , former director of engineering at Coinbase crypto exchange and the creator of Litecoin (LTC) has expressed his intention to make the altcoin a global decentralized cryptocurrency in an interview with TenX made Friday, April 27. He also claimed that that goal would require him to eventually “step away” from Litecoin as its leader. Having a chat with Charlie Lee ( @SatoshiLite ) in a few minutes on $LTC , @tenxwallet , and many other things - join us live: https://t.co/Fe8BJ3NBh3 — Dr. Julian Hosp (@julianhosp) April 27, 2018 In the interview, Lee suggested that Litecoin and Bitcoin (BTC) are “working close together,” claiming that the coins are mutually reinforcing each other and are used for different purposes. Lee stressed the decentralized...

LockTrip: The End Of Booking.com? The revolution every traveler has been waiting for is well underway with the announcement of LockChain’s rebrand to LockTrip . With the community expressing concern over the brand’s ability to resonate with the appropriate target audience, the team engaged in extensive consultations to land on LockTrip. With this rebrand not only have the team shown their willingness to engage with the community but also through the process their professionalism. Hey There LockTrip LockTrip is the future of travel. Built on the blockchain, it is a decentralized open source booking system. With an integrated marketplace that enables hoteliers and property owners to rent, manage bookings and collect payments this ecosystem is set to change the game! Sounds familiar? Well, it is, because its pretty much the Booking.com of the blockchain world. But with one huge difference for users: 0% commissions to middlemen. When marketplaces like Booking.com and Uber emerged the...

France Slashes Cryptocurrency Taxes in Half France is to tax gains from cryptocurrency sales as capital gains of “movable property.” The country has moved to reduce the rates from up to 45% to a flat 19%. A Bit of History Earlier this year, the High Administrative Court of France was seized on behalf of several taxpayers, challenging the instituted regimen, in force since July 2014, related to taxation of bitcoin and other cryptocurrency-related transactions. Under the aforementioned tax legislation, gains from the sales of cryptocurrencies used to be considered commercial and industrial profits, in the event of usual and continuous activity, and as non-commercial profits in the events of occasional activity. With this categorization, taxpayers were subjected to different rates which could get to as much as 45%. High Taxes No More As reported by French media Le Monde, the Council of State has moved to rule partially in favor of the claimants under the above case. The institution h...

St. Louis Federal Reserve Bank: 3 Qualities Bitcoin and Cash Share The Federal Reserve Bank of St. Louis has expressed its stance on Bitcoin, laying out three qualities that it shares with cold, hard cash. Earlier this year, the US Internal Revenue Service (IRS) reminded that cryptocurrency transactions are to be taxed just like transactions of any other property. The same release, though, sets a few questions, as the tax collector explains that virtual currencies (not just Bitcoin) function in the same manner as traditional currencies while, at the same time, treating it as property for tax purposes. St. Louis’ Federal Reserve Bank, however, seems to be a bit more definitive in its statements. In a blog post shared on the bank’s official website, it goes on to outline three distinct similarities between Bitcoin and conventional cash. Lack of Intrinsic Value What has no intrinsic value? Both bitcoin and the cash in your wallet. Learn other qualities they share https://t.co/uxwWM...

Outraged Pro-BTC Community Alleges Bitcoin.com Is Misleading Buyers Into Buying BCH Outraged Bitcoin community members launch website and Telegram channel to challenge Bitcoin.com’s alleged blurring of the distinction between BCH and BTC. A Bitcoin (BTC)-supporting community movement has evidently galvanized, alleging that Bitcoin.com is misleading buyers into purchasing Bitcoin Cash (BCH) instead of Bitcoin, with outraged users launching a website bitcoincomlawsuit.info to gather claimants and donations Friday, April 27. The group has also established a Telegram channel , created by Twitter user @MoneyTrigz , which has amassed 911 members as of press time. One of the supports of the community-led movement posted an explanation of the claim on Twitter today, April 28: If you've lost bitcoin because of misleading language, ticker symbols, graphics, or photos on any Roger Ver website or wallet (like Bitcoin .com) please submit your report to: https://t.co/Tvk2YG4bju we also...

A Big Forking Announcement: Anonymous Bitcoin (a ZCL and BTC Fork) A dream of every blockchain journalist and entrepreneur is to formally announce a project you are the Founder of. The prior year in crypto has seen BTC go from under $1,000 to almost $20,000 and correct back to under $10,000. Today I am proud to announce a fork of ZCL and BTC. An Interesting Forking Project   It may be difficult at times to hold back the excitement but to ensure a fair report of the project I will try to withhold my very enthusiastic nature regarding the project. One of the main reasons is when has CNBC ever decided to cover a Forking Announcement (very punny I know)? A fork (soft or hard) has become a fairly common occurrence in the crypto space. The question arises which ones are real and which are scam related. Premined forked coins are always ones to be concerned with along with teams that chose to remain anonymous. Anonymous Bitcoin intends to achieve a fork of ZCL and BTC completely transpa...

Changelly Lists NAGA Coin, Integrates Into NAGA Wallet NAGA — the world’s first crypto-gateway to trade any sort of financial instrument and virtual good in a secure and transparent way — has announced a partnership with Changelly, a popular cryptocurrency exchange service between digital currencies. A Perfect Partnership The partnership between NAGA and Changelly will allow millions of combined users to take advantage of both platform’s features, thanks to the integration of Changelly’s exchange services with the instantaneous and frictionless nature of NAGA Trader — effectively affording users the ability to easily exchange NAGA Coins against over 100 altcoins and tokens supported by Changelly, without ever having to leave the NAGA Wallet . Benjamin Bilski, Founder of NAGA, stated: We think that Changelly will not only help NAGA WALLET users by integrating their state of the art cryptocurrency exchange service into our product, but it will also have a direct impact on the mass ad...