Brock Pierce Announces Dollar-backed Cryptocurrency ‘Realcoin’

Nermin Hajdarbegovic

Bitcoin entrepreneur Brock Pierce has announced the launch of ‘realcoin’, a new cryptocurrency backed by the US dollar.

Philippines Startups Aim to Fulfil Bitcoin’s Remittance Promise

Jon Southurst (@southtopia) | Published on July 9, 2014 at 11:21 BST

One of bitcoin’s promised ‘killer apps,’ and one regularly cited as a use case whose time has come, is overseas remittances – providing cheaper and improved services for foreign workers sending money back to their home country.

Bitcoin Glossary

Confused by some of the terms used on CoinDesk? Here you will find a complete bitcoin 101 that will help you to understand digital currency by explaining commonly used terms and their meanings.

How Does Cloud Mining Bitcoin Work

If you want to invest in bitcoin mining without the hassle of managing your own hardware, there is an alternative. You can use the cloud to earn your coins

Put very simply, cloud mining means using (generally) shared processing power run from remote data centres. One only needs a home computer for communications, optional local bitcoin wallets and so on

What are Bitcoin Mining Pools

One of the first questions that anyone interested in mining cryptocurrencies faces is whether to mine solo or join a ‘pool’. There are a multitude of reasons both for and against mining pools. However, if the hash rate distribution across the bitcoin network is anything to go by (and it is) then most miners are opting to join a pool. Here’s what you need to know.

How to Accept Bitcoin Payments for Your Store

One issue holding bitcoin back from wider-spread adoption is the lack of businesses that accept the digital currency as payment. This is a chicken-and-egg problem. If more businesses had the ability to accept bitcoin, it might encourage consumers to start obtaining and spending it, and vice versa.

How to Sell Bitcoin

Selling bitcoin isn’t quite as straightforward as buying bitcoin, but fortunately CoinDesk is here to help. This guide will give you all the information you need to cash out your digital currency.

Is Bitcoin Legal

Bitcoin is of interest to law enforcement agencies, tax authorities, and legal regulators, all of which are trying to understand how the cryptocurrency fits into existing frameworks. The legality of your bitcoin activities will depend on who you are, where you live, and what you are doing with it.