Cryptocurrencies

On December 20, the Winklevoss twins' cryptocurrency wallet increased their fortune to nearly two billion dollars: 1.3 billion in bitcoins and another 350 million dollars in other cryptocurrencies, mainly in Ethereum. In an interview with The New York Times Bitcoin billionaires told what steps they are taking to protect their fortunes.

Bitcoin, as a cryptocurrency, began to function in 2009 when Satoshi Nakamoto published initial materials on the Bitcoin network. This is a peer-to-peer network, in other words, decentralized with equality of all participants. Bitcoin was designed to enable each person to manage directly their expenses and income, excluding third parties from this chain.

On the Christmas eve the authors of the startup Blockchain for Change decided to donate smartphones with cryptowallets for dollars and Change Coin to three thousand homeless people in New York.

Civic platform surprised its users with a new word in the matter of identification and was developed not as a cryptocurrency in its the standard sense. Civic enables each user to enter information about him/herself in the blockchain of this platform. This function perfectly solves the problem of lack of documents which are normally used to identify a certain percentage of the population, as well as providing additional accounts security.

One of the largest stock exchange operators Deutsche Boerse is considering to launch futures for the first cryptocurrency, for Bitcoin. This writes CNBC with reference to the local edition of WirtschaftsWoche.