Wally F

Interview

SNS Integrate Bitcoin Lightning Microtransactions : Interview with Desiree Dickerson from Lightning Labs (All Interviews)

The next phase is the transfer of value through social networks and interactions. As of now, you can buy things directly on Facebook or Instagram in the app, by just clicking an ad directly. This type of buy and sell options within the social networks is the direction in which we are heading. Also, micropayments are a powerful use-case. If you are in a game, no denomination is smaller than a cent. The denominations only go so far in every fiat currency, but with bitcoin you receive satoshis; a satoshi is so small, so paying 10 satoshis for a task you have accomplished in a game is not that much. For players, however, it really builds up after some time. And even though it is worth so little, it is much more than others in game currencies.
Blog

Foundation of Digital Currency Initiative : Interview with Tadge Dryja from MIT DCI ①

Before the DCI, there was a foundation named the Bitcoin Foundation that was funding development of Bitcoin core. However, it fell apart, but many of the people from the Bitcoin Foundation such as Joi Ito, Jeremy Rubin, and many others decided to make a place that would fund the development of Bitcoin technology. Thus, the DCI was born from there. A little while after that, Neha Narula got her Ph.D. at MIT and when she finished, she joined the DCI. The main mission initially was to fund Bitcoin developers, but after a while that mission became bigger and also became more integrated with MIT (Massachusetts Institute of Technology). By the time I started there, they were working with students as well. We have something called the UROP (Undergraduate Research Opportunity Program) different undergraduate students come and do research projects with us, and they would help out with research software.
Blog

Bitcoin is through the Lindy Effect : Interview with Marc Friedrich ③

I went out in public about Bitcoin at the end of 2016. I wrote a long article for a big German magazine. This is a magazine where I always give a prediction about the economy for the following year. So, at the end of 2016, I predicted the following year would be the year of Bitcoin, and you all have to invest! That was the first time I said it to the public. This was not to our customers, because we already introduced Bitcoin to our customers and invested in it since 2013.
Blog

Bulgarian Crypto Market today : Interview with Philip Matov from ConcenSys ③

There are two sides to the crypto industry in Bulgaria. On one side when I came back to Bulgaria from Japan, I was positively surprised by the vibrant crypto culture existing in Bulgaria. I was also very happy to learn that quite many substantial and very important blockchain projects were started by Bulgarian entrepreneurs, and some of them were even developed in Bulgaria. Projects such as Aeternity which at one point was one of the top 30 projects. It did not have as much support as Ethereum of course, but it was a great project. It helped grow the blockchain ecosystem in Bulgaria, including delivering capital, facilitate crypto meetups, and building protocol infrastructure.
Interview

Potential Roles of Cryptocurrencies in Fighting Poverty : Interview with Nir Kshetri from University of North Carolina-Greensboro (All Interviews)

Using a local blockchain company in developing countries might cost a lot for its adaptation. Nevertheless, blockchain developers who are experts in blockchain technology charge thousands of dollars, and that is a lot of money. Thus, we have to educate more people about this technology and its development. There more and more institutions, universities, and schools that teach classes covering this technology and this industry.If they can create and invent this technology domestically with no help from other countries and foreign developers, then this would reduce the costs of installations and implementing it into infrastructure. Presuming that you are not able to do it domestically, even so, if you invest 1 million dollars into this technology that in the future will save you 1 billion dollars of corruption in your country, I would say that would be something good to invest. For a private person, the costs for implementing blockchain might be extremely high, but not for a government. The main reason why many governments in developing countries are not installing this technology is that they are not motivated to do so.
api

API Documentation

Endpoint URLAt BTCBOX, we have HTTP Private API that need confirmation by an API Key, and HTTP Public API that does not need any confirmation.API RestrictionHTTP API is being executed as the following...
Blog

Inspiration for my Crypto Videos : Interview with Lark Davis ②

It is interesting because I don't watch many cryptocurrency youtube videos. It may sound kind of funny because I do it myself, but I don't watch them partially for the reason that I don't want to get influenced by other people's contents, I want my ideas to be fresh and kind of coming from me. There are a lot of guys that I do respect and that makes fantastic content like Crypto Zombie, Carl from The Moon, Nugget’s News. These all are great channels with fantastic information. They all have their unique way of presenting information and news while encouraging their communities.
Interview

Too high Appreciation of Bitcoin? : Interview with Tadge Dryja from MIT DCI (All Interviews)

In my opinion, the current monetary system sort of works. People complain about inflation, but inflation is not really that high. I don’t think that it is a huge problem at the moment. Other people say that it is not fair, and I can understand it because I experienced it first-hand. Before moving back from Japan to America, and I had saved quite an amount of money. However, sending money between countries is very hard and pretty expensive. So, I thought that I would do that as the last thing right before moving back to America. But in 2013, the head of the Bank of Japan wanted to change the exchange rate because there was a very high appreciation of the yen in 2012. For me the appreciation of the yen was good, I liked it everything was cheaper and my salary is worth more and I was happy, but I people didn't like the high appreciation of Yen in Japan. So, the exchange rate went from 80 yen to 100 yen to 1 dollar, and it happened very fast. That was like the loss of thousands of dollars and that made me realize that only a couple of people get to decide how much our money is going to be worth. That did make me think about Bitcoin. We all know that Bitcoin has very high volatility and goes up and down way more than the fiat currencies in countries the USA or Japan, but at least it is not one guy who gets to decide that would be the argument here.
Blog

The State of Bitcoin Network Security After the Halving : Coin Metrics’ State of the Network: Issue 51

On May 11th, for the third time in Bitcoin’s history, the amount of new coins issued per block was cut in half. This event, known as the halving, occurs every 210,000 blocks, or approximately four years, until issuance is eventually rounded down to zero.In the most recent halving, the block reward was reduced from 12.5 to 6.25 BTC. The period leading up to the halving was marked by pronounced market volatility, which has somewhat subsided since the reduction occurred. The impacts of the event on the network’s security are nuanced.
Notification

Educate Yourself about Value (Writer and Translator at BTCBOX)

I am Lina K., and I am a writer, editor, and translator at BTCBOX. I am very happy to have had the opportunity to interview and have a talk with so many passionate and critical thinking people from all corners of the crypto sphere. I did not enter did industry with an economics degree in my hands, but I am glad that my path lead me here.
Blog

Art for Crypto : Interview with Vesa Kivinen ①

Crypto Art is a new and rare type of digital artworks. Associated with unique tokens that exist on a certain blockchain, this new concept is based on the idea of “digital scarcity”. This allows artist to buy, sell and trade digital artworks as if they were physical art pieces. This is able to function on the same basis as Bitcoin or Ethereum and other crypto currencies are; Crypto Art exists in limited quantities.
Blog

If it’s not Decentralized, It’ll not work : Interview with Naomi Brockwell ①

There are all kinds of digital currencies. Not all of them are useful or good. A digital currency created and controlled by the government, for example, would be no different to the system we already have. Most of our money already exists as 1’s and 0’s and can be manipulated at the click of a button. Any system capable of being controlled by a selected few people is not what we should strive towards.
Member Interview

Interview with BTCBOX Internal Audit Director Sasaki

My name is Sasaki, and I am the director of the Internal Audit. I joined the company in 2019, and before that, I was working as a securities inspector at the Kanto Local Finance Bureau for 4 years. Before I became a securities inspector, I was working at public companies as an information security and system risk consultant for about 10 years.
Blog

Most Transhumanists are Pro-Bitcoin : Interview with Zoltan Istvan ①

Most transhumanists support crypto, and when I ran in 2016 in my presidential campaign for the Transhumanist Party , I was one of the very first presidential candidates to ever take Bitcoin and cryptocurrencies. I think it is a fascinating thing, it is awesome and I do own some myself. However, for me what is even more important than cryptocurrency is blockchain technology.
Blog

Everyday is a day full of drama : Interview with Bobby Ong from CoinGecko ④

It's very hard to predict what will happen in the next coming years in the crypto industry, because it moves really quickly, and I think from what we have found in is that; every 6 month the narrative shifts completely in crypto, and something new comes out that creates some kind of change. 1.5 years ago it was NFT that was in the focus, now it has taken off and will probably stay low for the next couple of years. Maybe in a few years of time, it will get hot again. At another incident, everybody was talking about the lightning network on Bitcoin.
Blog

Regulate, Don’t Prohibit : Interview with Ashim Sood ③

At the Supreme Court, we actually cited that Malta has a very comprehensive law on setting up crypto exchanges and ICOs etc. Two other laws which we cited at the supreme court were the New York Law and the Wisconsin Law. Apart from this we showed that most democratic and free countries have a regulatory and not a prohibitory approach to cryptocurrency. We explained to the court that ”We are not saying that you should copy these laws, but we are just showing you that countries around the world don't treat cryptocurrency as an untouchable or pernicious commodity, they treat it as something that you deal with as a normal economic activity”.
Notification

Notification on resumption of Bitcoin Cash (BCH) deposit / withdrawal

Although BTCBOX had temporarily stopped depositing and withdrawing BCH, we have now resumed deposit/withdrawal transactions.Thank you very much for your cooperation and understanding.
Interview

Most Transhumanists are Pro-Bitcoin : Interview with Zoltan Istvan (All Interviews)

Most transhumanists support crypto, and when I ran in 2016 in my presidential campaign for the Transhumanist Party , I was one of the very first presidential candidates to ever take Bitcoin and cryptocurrencies. I think it is a fascinating thing, it is awesome and I do own some myself. However, for me what is even more important than cryptocurrency is blockchain technology. Blockchain technology is going to revolutionize how the world operates. That can be anything from marriage licenses, passports, real estate transactions to the way we deal with money.
Interview

Idea of Decentralized Currency : Interview with Naomi Brockwell (All Interviews)

I first started hearing about crypto in about 2012. Many of my friends were into it. I was living in New York at the time, and my friends were computer programmers, mathematicians, and really into cryptocurrency. I was very much interested in economics and the Hayekian idea of competing currencies, and so when I heard about Bitcoin it really piqued my interest. I liked the idea that there might be alternative money that wasn’t created by the government. I liked that Bitcoin was created anonymously, and no one is in control.
Blog

Global Decentralized Satellite Network : Interview with Zee Zheng SpaceChain CEO ②

The most important feature that we have added is the multi-signature. Instead of one key, we are using multiple keys to enhance security. In December 2019, we carried out a launch on a SpaceX rocket to send our blockchain hardware wallet technology (our version of a bitcoin wallet) which was later installed in the International Space Station (ISS) which demonstrates how users can perform space-based multi-signature transactions, increasing the security of the operation.