Decentral Blog

Mat Cybula: Cryptiv and the future of tipping

Mat Cybula wants you to help spread some cryptocurrency love around on social media. That’s why he and his team have come up with Cryptiv (www.cryptiv.com), a social microtransaction platform that facilitates transactions of digital currencies of social media like Twitter, YouTube, and Twitch. Cybula says he started Cryptiv as a tipping service — “like a thumbs-up with money attached” — but found that with the limited number of people who use and understand bitcoin and other digital currencies out there, it was hard to get it off the ground. He decided that what was needed was a way…

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Security Advancements and New Developments from the Mycelium Project

Since 2009, Mycelium has been developing a range of innovative bitcoin-related products: the Mycelium android bitcoin wallet; Entropy, an Indiegogo-funded, hardware-based paper wallet generator; and the secure Bitcoincard that can sign transactions offline or on a mesh-network. This past week, Dmitry Murashchik beamed into the Decentral Toronto Bitcoin Meet-up to discuss these projects and give us some insights into what’s coming down the development pipeline. Some of you may recall that Entropy raised over $31,000usd on Indiegogo this year, a campaign that was notable in part because it also included the option to support the project using bitcoin…

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Highlights from the Ethereum Update

Excitement over the Ethereum project continues to grow. Speaking in front of a packed room at the Toronto Decentral meet-up, Paul Paschos delivered the latest news from the team. According to Paschos, the projected launch date for Ethereum is still on track for this winter: between December 21st, 2014 and March 21st, 2015. Here are some of the other highlights: A new, more navigable, user-friendly website has been launched for developers, containing a wealth of resources including tutorials, videos, and articles. Both Gavin Wood (ÐΞV) and Vitalik Buterin (Ethereum inventor) have emphasized that the project will not release the genesis…

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Andreas Antonopoulos on the Canadian Senate Hearings and Mastering Bitcoin

By 6:00 pm on Wednesday night, a small crowd had begun to gather on the front steps of 64 Spadina, as excitement built in anticipation of Andreas Antonopoulos’s Skype address. By the time the highly-respected bitcoin guru and advocate began speaking, the crowd had filled every one of the 40+ chairs and taken over most of the standing room along the perimeter. Another 80+ watched the feed online. Host and moderator, Anthony Di Iorio, encouraged general participation in the Q&A, in keeping with the decentralized theme of the evening. He initiated the discussion by asking Antonopoulos…

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Navigating Opportunities

In 1992, the Internet was emerging as a game-changing force. Early adopters were eager to build the network and create the next “big thing.” This is where we are with bitcoin today. For anyone looking to hitch their wagon to a rising star in the bitcoin space, there are certainly plenty of worthwhile ventures. There are also plenty of less reputable or simply poorly managed projects that will return nothing but headaches and empty wallets. Start-ups fail all the time and for any number of reasons, and everyone involved loses out: CEOs, developers, managers, and customers. These businesses, good and…

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Michael Perklin: All about security

In 2010, Michael Perklin was a digital forensic investigator who focused his efforts on computer security and security theory. He first came across the term “Bitcoin” on a security mailing list. It was being touted as a “totally secure digital money system.” “I scoffed at it,” says Perklin. As a graduate of Sheridan College with a Bachelor’s Degree in Information Sciences (BaISc) and a Masters degree in Information Assurance (MSIA), he and his classmates had toyed around with notions of digital currencies and decide that they weren’t feasible because a central ledger was always required. “So I set…

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Buying Bitcoin at Decentral

At Decentral we have a convenient bitcoin teller machine that makes purchasing bitcoin easy. To use the machine at our location, simply follow these steps: Click ”Start” on the main screen when you are ready to begin. The price per bitcoin displayed at this point will be your purchase price. Note, of course, that you can always buy fractions of a bitcoin, but the minimum amount per transaction is $5 Canadian. Enter your phone number and then the verification code that you receive by SMS message. Choose “Buy Bitcoin” Next, choose “Yes” if you already have a bitcoin wallet. Choose…