Introducing A New Bitcoin Foundation

Vessenes's Bitcoin Foundation maintains a notoriety for many questionable actions and behaviors. There is even a candidate running for the foundation's board on the platform of dissolution. Due to the oversights of Vessenes's Bitcoin Foundation, #bitcoin-assets recently formed its own foundation for the preservation of the Bitcoin reference implementation. Continue reading

Cody R Wilson Announces Candidacy for Vessenes' Bitcoin Foundation's Board

In a busy day for Cody R Wilson he has now announced his candidacy for the board of Vessenes' Bitcoin Foundation. His platform consists simply of disbanding the organization from within. While others have different plans for taking on the organization, Cody clarified his plan in tweets:

Cody R. Wilson @Radomysisky  ·  16m 16 minutes ago
My platform is simple. The Foundation should be shuttered, the coins sold on the open market. I will name names.

Cody R. Wilson @Radomysisky  ·  15m 15 minutes ago
No quarter. No gentleman's agreements with legitimists.

Given the simplicity of the plan one has to wonder, why does it include topping up Buterin's Waterfall?

7th Underhanded C Contest Going on Now

The Underhanded C contest opened to challengers yesterday and continues though New Years day 2015. This year's challenge features oversharing sites and National Security Letters in its theme, but with a twist in that the surveillance function is to subtly leak information about the act of surveillance. Last year's challenge involved a social media theme as well, though with a different angle for mischief. Challenges from past years are featured on the site which feature solutions perfect for ramping up a person's paranoia about software quality.

War of Life Closing

Parimutuel wagering game War of Life operating as S.WOL published their closing statement today. War of Life offered wagering based on the outcome of cellular automaton simulations. A distinguishing feature of War of Life was that it offered a more nuanced system of bet weighting than simple time weighting could offer. Shareholders will be issued a one time payment of 2978 satoshis per share which reflects the present book value of the venture. The clean closure of War of Life follows the example set last year when Satoshi Dice ended their public security and went private.

Disney Patents "Piracy Free" Search Engine

Disney has been awarded a patent on a "piracy free" search engine technology according to Torrent Freak. The patent was originally filed in April of 2012and describes a mechanism based on "authenticity metrics" relative to a search term that is used to rank results. The presumption is that emphasizing "authenticity" of in presenting search results would diminish opportunities for content unfavorable to the "authoritative" arbiters of "authenticity" to be presented to users of the search engine. Continue reading

Bitreserve Holds your Bitcoins as Fiat

In an attempt to address the price volatility of Bitcoin, Bitreserve recently launched as a Bitcoin storage service that keeps users' funds in the form of fiat. Bitreserve does this by immediately market selling any incoming deposits, essentially locking in the fiat value of the credited funds. Users are entitled to the locked fiat amount in Bitcoin upon withdrawal, thus users may lose or gain BTC due to volatility. Continue reading