Category Archives: Uncategorized

Australian High School to Host Information Night on Cryptocurrencies

A surge in the popularity of bitcoin among students has prompted an Australian high school to host an information night designed to educate its students about cryptocurrencies. St. Laurence’s College in Brisbane recently informed the parents of students that it wishes to hold an “educational presentation” in light of an increasing number of students investing in cryptocurrencies.

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Japan’s Largest Consumer Electronics Chain Trials Bitcoin Payments

Japan’s largest consumer electronics retailer, Yamada Denki, has announced that it has begun trialling bitcoin payments starting on January 27.

According to a guide published by Japanese mobile phone operator NTT Docomo and an independent research by a Japanese investment research service, Kenkyo Investing, “Yamada Denki is the largest home appliance and electronics chain in all of Japan.

For the trial, two directly operated stores have started accepting bitcoin: Yamada Denki Labi Shinjuku east exit pavilion and Concept Labi Tokyo.

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Brisbane Airport to Introduce Bitcoin Payments

Air travelers will soon be able to spend some satoshis in stores and cafes at Brisbane Airport. Major retailers will be accepting several cryptocurrencies, including bitcoin.

The operator of Brisbane Airport also highlighted some benefits of cryptocurrency payments in general. They keep the user’s personal identity private and eliminate third-party interference, allowing for very low transaction fees, exchange rates, and transfer times, the press release reads.

Travelers will soon be able to use digital cash to pay bills in restaurants and cafes like Spoon, Windmill & Co., and Forte Espresso, as well as in nine Awpl stores in both terminals. “We are excited to be a launch merchant in the world’s first digital currency friendly airport”, Awpl’s managing director Costa Kouros said. His company, a travel sector retail solutions provider, supports local producers in airports across Australia and New Zealand.

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Japan’s GDP Grows Due to Bitcoin Wealth Effect

Analysts Yoshiyuki Suimon and Kazuki Miyamoto claim bitcoin will assist Japan in a Gross Domestic Product (GDP) boost of 0.3% heading into the first three months of 2018. At the end of 2017, the cryptocurrency boasted a ¥12 trillion market capitalization, and if trends continue into early this year, that could translate into lifting Japanese personal consumption by anywhere from ¥0.2 to ¥0.4 billion, they explain, referring to the phenomenon as the bitcoin effect.

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Gavin Andresen Drops A New Concept On Github for Bitcoin Cash

On January 2 one of the most well-known developers for the original bitcoin protocol, Gavin Andresen, contributed an idea to Github called “Storing the UTXO as a bit-vector.” Andresen has been active on Github for the past month as his contributions have been focused on general (Unspent Transaction Output) UTXO sets, but this particular idea is for the Bitcoin Cash (BCH) network.

Gavin Andresen has been lurking around Github for the past twenty-seven days, and on the second day of the new year, the developer contributed an idea for the BCH network. The concept Andresen called “Half-baked thoughts exploring a different way of implementing a fully-validating BCH node,” is an idea on shifting the storage of full transaction data to wallets. The developer explains the concept is to let every node in the new network store a bit-vector for every block which can be highly compressible even for gigabyte-sized blocks.

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Danish Billionaire Renames the Rungsted Capital Ice Rink to ‘Bitcoin Arena’

According to a few regional news outlets, a Danish bitcoin billionaire and the co-owner of the Rungsted Seier Capital ice rink, Niklas Nikolajsen, plans to change the name of his skating hall and call it the “Bitcoin Arena.” In addition to this news, one of the professional hockey players who plays in the arena has opted to get his salary paid in bitcoin.

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