New perspectives on BITCOIN

June 22, 2014

Currency is boring….let’s make Gif’s! A new perspective on Bitcoins.. Anil Dash on Medium.com

On Friday May 2nd, around 7pm, Kevin McCoy completed transaction #1217706 on the Namecoin block chain. McCoy was taking part in Rhizome’s Seven on Seven, the fifth annual conference pairing up of artists and technologists at the New Museum. And that transaction through Namecoin, one of the countless spinoffs of Bitcoin, created an entry in a public ledger of exactly which bits are changing hands between two people.

But this transaction was different from the millions of other ledger entries tracked by Bitcoin and its variants. READ MORE

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