Be Your Own Bitcoin Exchange | Plan B 11

Be Your Own Bitcoin Exchange | Plan B 11

We chat with Jesse Heaslip one of the team members from Bex.io, they aim to provide a end-to-end solution to setup your own Bitcoin exchange. Is the solution to the Gox problem hundreds, or even thousands of small Bitcoin exchanges?

Plus Avalon customers suspect the company of pre-mining with their hardware for weeks, a new and stronger theory on Satoshi Nakamoto’s true identity, the good news for Litecoin, and more!

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It is based on exactly the same code as Bitcoin. In fact, the two currencies are almost identical. However, in the same way that Bitcoin is a decentralised currency that cannot be shut down; Namecoin is the basis for a decentralised domain name system (DNS), i.e. web URLs, which could put a stop to Internet censorship.

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— Discussion —

We do the tech. You do the rest. Bex removes all the technical complexity of running a Bitcoin Exchange.

Erik is a well-known member of the Bitcoin community forum (screen name- evoorhees), and is CEO of Coinapult, based in Panama City. Furthermore, Erik is also a partner in a couple top-secret super-subversive Bitcoin-based projects and coordinates the Free State Bitcoin Consortium group among liberty activists in New Hampshire.

One locale stands out as particularly primed for widespread adoption: Kenya. Africa today has one of the fastest growing mobile phone markets in the world with 20% annual growth and 93% of Kenyan households owning mobile phones. What makes Kenya a particularly unique case for bitcoin is that it is also a world leader in mobile payment usage.

Okamoto worked with Adi Shamir (co-creator of RSA) and is proficient in C++.

Today I finally received my units from Feb. 2 order. One unit was almost clean, while other one is moderate dusty. After checking all connections and desoldering F1 fuse, I started to configure units. First unit has been tuned to ozco.in and that is not surprise, cos same config was on my unit from batch one. Second unit has more interesting config:
http://puu.sh/3hrak.png
As you can see, first pool is eligius.st and most important is address: https://blockchain.info/address/1AYdAw8CcrQ2wx55LTbFHRn5bxgNZhaRLW?offset=0&filter=0
716.40851602 BTC was mined from April 22 by various units. And only gods know, how much was mined on ozco.in.
So, regardles what said Yifu, the answer is: YES, Team Avalon is mining with customer units.


Litecoin Update:

A big sponsor who wishes to be anonymous is willing to support the Litecoin Development Team. They are offering a challenge grant where if we receive an additional 5,000 LTC in community donations by June 18th noon GMT, the anonymous sponsor will match with an additional 5,000 LTC. These combined funds will go a long way toward enabling long-term development of the Litecoin software and related vendor integration tools.

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