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      "author": "techtimize",
      "body": "@@ -1218,8 +1218,481 @@\n 8 %7C $12M\n+%0A%0A### Sources and additional links:%0Ahttps://coinmarketcap.com/rankings/exchanges/%0Ahttps://cryptocoincharts.info/markets/info%0Ahttps://www.reuters.com/article/us-bitcoin-exchange-bitstamp/european-investment-firm-buys-digital-exchange-bitstamp-in-all-cash-deal-idUSKCN1N314I%0Ahttps://bitcoinexchangeguide.com/bitstamp-crypto-exchange-ownership-change-looks-to-be-just-the-start-of-management-shakeups/%0Ahttps://www.bitdegree.org/tutorials/bitstamp-vs-kraken/#The_Bitstamp_Story\n",
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      "body": "NXMH, a Belgian investment company owned by [NXC](http://www.nxc.com/Eng/index.aspx), acquired the majority of [Bitstamp](https://www.bitstamp.net) shares in October 2018. NXC also owns the South Korean cryptocurrency exchange Korbit and the Korean-Japanese video game company Nexon.\nThe majority stake, approximately 80%, is now held by NXC and the purchase price is estimated at approximately $400 million. CEO Kodrič retains a 10% stake in Bitstamp, while Pantera Capital's remaining shares amount to 7%.\n\n# Company Background\n\nBitstamp was established in Slovenia in July 2011 but later relocated its registration to the UK in April 2013 and to Luxembourg in 2016. \nIt is the second largest Bitcoin exchange in Europe, right behind Kraken Bitcoin Exchange.\n\n![42549933030_6e67d59678_k.jpg](https://cdn.steemitimages.com/DQmYTKQrvvXtWu13sk9SQu58ERrWkJtfkeXifAH4QkeS75C/42549933030_6e67d59678_k.jpg)\n*picture taken by [Marco Verch](https://www.flickr.com/photos/149561324@N03/42549933030), CC BY 2.0*\n\n# Infobox - Comparison of crypto exchanges\n\nRank | Exchange | Markets | Volume (24h) 5th Nov 2018\n--- | ---  | --- | ---\n#01 | OKex | 514 | $775M\n#25 | Kraken | 69 | $90M\n#32 | Bitstamp | 14 | $60M\n#63 | Korbit | 8 | $12M",
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      "body": "# New court order favours adoption of exchanges and ATMs in Germany\n\nOnly a few weeks after a game-changing decision by German judiciary:\nThe first ATM in Germany - which operates without a banking license - [was installed three days ago in Munich](https://coinatmradar.com/bitcoin_atm/6205/bitcoin-atm-orderbob-atm-munich-monte/).\n\n![orderbobatm_bitcoin_atm_bf30770bfc.jpg](https://cdn.steemitimages.com/DQmTiLggqSGr27yJDaZpRsRjbRPz7SXeGcth16afqnDLyQs/orderbobatm_bitcoin_atm_bf30770bfc.jpg)\n\nThe machine is located in a restaurant in the North of Munich. You can buy and sell bitcoins for cash here.\n\n# The Background - Superior Court tackles Bafin\n\nThe Superior Court of Justice (Kammergericht) reprimanded the German regulator:\n- BaFin was overstretching its scope and its \"assigned area of responsibility\" extended too far.\n- BTC is per se neither a financial instrument nor a unit of account.\n\nTheir judgement criticises BaFin's regulatory practice: Its main task is \"to provide preventive protection against risks for the credit and financial services sector, but not to extend the scope of criminal law norms\".\n\n![1200px-141019_Kammergericht_Berlin.jpg](https://cdn.steemitimages.com/DQmTECrNQJqFTwbFoqpFzKQEHND5L6ioLSn1avchodEKU9s/1200px-141019_Kammergericht_Berlin.jpg)\n*The highest court for civil law located at Kleistpark, Berlin, Germany.*\n\nBaFin itself appears to be relatively unimpressed by the matter at issue. The federal authority argues that any business model requires a proper case-by-case assessment before put in operation - contrary to the current judicial decision that​ the operation of an exchange or ATM in Germany is free of allowance. \nMany entrepreneurs in Germany are of the view that the situation is still intolerable for the maintenance of a safe and sustainable business. It is as hard times as ever and difficult terrain for Bitcoin pioneers: A cease-and-desist order by the BaFin is sufficient to shut down a complete business with a flip of the wrist. As long as there are no contrary rulings or major guidance from the European Court of Justice, the situation remains unclear.\n\nOne thing is already clear: The classification of cryptocurrencies marks a paradigm shift in Germany, which in the light of the latest decision will certainly have to be tackled by German legislators next year.\n\nSources: \nhttps://www.gruenderszene.de/perspektive/bafin-bitcoin-urteil-konsequenzen\nhttps://www.wired.de/article/berliner-kammergericht-bitcoin-ist-kein-geld\nhttps://www.twobirds.com/en/news/articles/2018/germany/bitcoin-sind-keine-finanzinstrumente\nhttps://www.coindesk.com/german-regulator-orders-crypto-exchange-to-halt-brokerage-business/",
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      "body": "@@ -67,13 +67,18 @@\n  it \n+would \n make\n-s\n  Dog\n",
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      "body": "Hey Steemians,\n\nI wanted to acknowledge this great project because it makes Dogecoin \"Smart Contract-Ready\" - verified by the PoW of the Dogecoin cryptocurrency (and some sort of cutting-edge blockchain tech to be invented).\n\n![Skærmbillede 2018-02-25 kl. 20.38.05.png](https://cdn.steemitimages.com/DQmR5UmpMTC2bskaYSH9uKTjWL1jNLEfyjmtpeenSUhVFDa/Sk%C3%A6rmbillede%202018-02-25%20kl.%2020.38.05.png)\n\n# Sidechaining the Shibe\n\nA sidechain is just a separate blockchain. It is attached to the main chain / primary blockchain using a two-way peg which allows tokens to be interchangeable and moved across the chain at a fixed deterministic exchange rate.\n\nSo, how will the sidechains work with the doggy coins?\n\n>This is a technical development (not a new currency) where Dogecoins can be frozen (not burnt) to issue tokens on the Ethereum chain at a 1:1 rate. Those tokens can later be given up (we're not sure if this will be a burn or a freeze) to get the original Dogecoins back, again at a 1:1 rate ([u/rnicolle Reddit](https://www.reddit.com/r/dogecoin/comments/8bc7nv/dogeethereum_sidechaining/), 2018).\n\n[![design.png](https://cdn.steemitimages.com/DQmQZpnv5PcD1etT4F5aWNXVYNEDq6KyZQwbcoDveaXpUxL/design.png)](https://github.com/dogethereum/docs)\n\nSidechains works like this: On the main chain, tokens will be sent​ to an ​address where they're completely​ immobilized by custody of an exchange, a multi-sig notary system(i.e. a federation), a voting system, SPV-proofs or a hybrid form of these. Once the immobilization transaction has been confirmed by the custody, a message to the sidechain protocol allows creating​ a certain amount​​ of tokens on the sidechain. The advantage is​ that the sidechain protocol can have multiple features like smart contracts ​or lower​ transaction fees. Vice versa, after transactions are done on the sidechain, one can immobilize the tokens by sending them to a certain side chain address. Finally, ​it will be spendable again in the main chain, under the control of whoever last owned them on the sidechain.\n\n[![MultiSig4se_d4bauw-2.png](https://cdn.steemitimages.com/DQmWTxQZiT3DfPvEVJ7776FHb5KokMwDVayVZi9wpDejFCo/MultiSig4se_d4bauw-2.png)](https://steemit.com/crypto/@avtr108/fungible-assets-vs-collectables-part-2-token-creation-and-issuance)\n\n\n>Think of it like poker chips; you submit Dogecoins, get chips, use them in a specific context (Ethereum contracts) then return them to get Dogecoins back again. There's never a change of exchange rate, you get the same number of tokens as you had Dogecoins, and vice-versa ([u/rnicolle Reddit](https://www.reddit.com/r/dogecoin/comments/8bc7nv/dogeethereum_sidechaining/), 2018).\n\n# Official channels and Docs\n\nHere are the most active channels and repos about the Dogethereum bridge project: \n- [r/dogethereum](https://www.reddit.com/r/dogethereum/)\n- [r/dogecoin](https://www.reddit.com/r/dogecoin/)\n- [Whitepaper: Using Superblocks to Bridge Dogecoin to Ethereum](https://github.com/dogethereum/docs/blob/master/superblocks/superblocks-white-paper.pdf), published on July 31th, 2018\n- [Github: Dogecoin <-> Ethereum bridge docs](https://github.com/dogethereum/docs)\n\n# Current Status\n\nThere is a [Doge–Eth-Bounty](https://etherscan.io/address/0xdbf03b407c01e7cd3cbea99509d93f8dddc8c6fb). However, the fund has not increased since 2 years. Not sure if the voting members are still active on this: \n\n> The DAO has 8 voting members: Myself, Vitalik (he has 2 votes), Ming (executive director of the foundation), Piper Merrian (Independent developer), Hudson Jameson (Community member souptacular), Ross Nicoll (dogecoin developer) and George Hallam (Foundation and Ethcore) ([u/avsa](https://www.reddit.com/r/ethereum/comments/41ohhr/the_doge_connection_bounty_dao_is_live_and_working/), 2016).\n\nI really hope there will be more money and more development for this super interesting project. Let me know if there's any news. I would be proud to be the first to blog about updates.\n\n![ip.bitcointalk.org.jpeg](https://cdn.steemitimages.com/DQmT5nfTnrbS1KJqn3gMeHcGahsqxEC2BQvPbSs417QjKto/ip.bitcointalk.org.jpeg)\n\n# Appendix: Be aware of the fake project Dogethereum.com\n\nA small scammer coin now brings a lot of confusion to the community. They stole the word creation \"Dogethereum\" and used it for their own PR purposes. \n\n![a82d78da6d2bfb9dbb23e4a1ad7ebab8.jpg](https://cdn.steemitimages.com/DQmWMNnb1UdyYV8av6ca2KxHQfroQeXVsw3z3jRfgBMQbdB/a82d78da6d2bfb9dbb23e4a1ad7ebab8.jpg)\n\nThey [have nothing to do with the Doge Ethereum Bridge project](https://www.reddit.com/r/dogecoin/comments/8bc7nv/dogeethereum_sidechaining/) and nothing to do with the Dogecoin core developers.\n\n\n![Screen Shot 2018-08-01 at 15.22.59.png](https://cdn.steemitimages.com/DQmfCbQ4RX4HqGUCXth43gmZyXAVV5CCLc6HwRpUnNVyfa9/Screen%20Shot%202018-08-01%20at%2015.22.59.png)\n\nSo that the original project is not confused with the Ethereum hard fork, some fellow shibes suggest calling the DGX/ETH bridge \"Shibereum\".\n\n![980x.gif](https://cdn.steemitimages.com/DQmUpFLvseWpVcsXDMF1bCk5KdkwNB4C2W5KHtYF53mVK8H/980x.gif)",
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