In this special episode of Neocash Radio JJ interviews Sam Sharma the co-founder and president of Centra. The Centra Card is a cryptocurrency based debit card that will allow users to spend Bitcoin, Dash, Ether, ERC 20 tokens, Ripple, Zcash, Monero, and Litecoin. US customers would receive a VISA card and international customers would receive a MASTERCARD — the Centra Card would be linked to a wallet app which could be loaded with crypto.
Sam describes his personal experience with crypto and how the Centra company has been self-funded thus far. After operating for more than a year in secret the company announced their presence in July.
The product is currently running a beta test and will be launched before the end of the year. The CTR token sale is ongoing as of this posting. Centra’s CTR token would facilitate rewards for cardholders and token holders alike — much like other crypto debit cards.
Finally Centra is also building a cryptocurrency based marketplace called C-Bay. Sam indicates that at launch there will be more than 100,000 products available for purchase.
Bitcoin hard fork expected August 1. Crypto universe prepares for life with two Bitcoins, BTC and BCC. Lots of news from Russia. SEC rules that DAO tokens were securities. White hat hackers return 95% of fund taken in Parity wallet exploit. Large Bitcoin mixer Bitmixer shuts down. Man uses TenX debit card to pay toll, buy fast food with Bitcoin. Delaware governor signs landmark blockchain law. New Hampshire blockchain exemption law takes effect next week. Ethereum Enterprise Alliance adds Mastercard and Cisco. Ethereum turns two years old on July 30!
We’ve written out short overviews of the topics discussed on today’s show below! Be sure to listen in to the whole podcast to get more information, insights, and thoughts on each of them from Pedro and JJ!
JJ interviews Michael Wagner and Gabriel Allred. We explore The Cannabis Revolution, powered by the Tokes Platform, it is a cannabis business and social movement using cryptocurrency and blockchain based technologies to further cultural acceptance of marijuana legalization.
We start out at the beginning with what inspired the idea and talk about the many parts of the Tokes Platform. We talk about their experience using the Waves platform. Most legal cannabis businesses are unbanked given the disconnect between the States and Federal government over marijuana policy. This is one use case for cryptocurrencies that can really take off.
Will BIP 91 Miner Activated Soft Fork save Bitcoin? John McAfee makes bold BTC bet. $10 million lost in CoinDash ICO heist. BTC ATMs plan temporary shutdown beginning July 31. Apple approves DASH. The foul smell of federal crypto legislation. Is Wells Fargo a bad actor or just incompetent? Parity multi-sig wallet exploit leads to huge losses. Ethereum EIP proposes difficulty bomb delay. Free State Bitcoin Shoppe opens in Portsmouth, New Hampshire.
We’ve written out short overviews of the topics discussed on today’s show below! Be sure to listen in to the whole podcast to get more information, insights, and thoughts on each of them from Darren and JJ!
Nvidia and AMD look to offer mining-only GPU cards. Proposed updates to U.S. and E.U. laws may enact draconian obligations on crypto users. Nevada protects blockchains/smart contracts and shields them from taxes. Illinois eases the red tape for crypto startups. Indian banks partner with Microsoft Azure to implement blockchain solutions. The flippening watch and what happens next. Bancor token sale raises record funds. A diversified crypto fund is launching in Zug, Switzerland. VXLabs shows step by step how to extract and decrypt the wallet seed phrase for Jaxx desktop wallets. Dell drops bitcoin due to errors with order processing. Dandelion looks to obfuscate bitcoin transactions.
All this and more on the Neocash Radio podcast, episode 211 — Wednesday, Jun 14th, 2017!
We’ve written out short overviews of the topics discussed on today’s show below! Be sure to listen in to the whole podcast to get more information, insights, and thoughts on each of them from JJ and Pedro!
If you’ve been loyally listening to the Neocash Radio podcast over the past four years, you’ve undoubtedly heard us talking about using hardware wallets for cryptocurrency security. Near the end of Wednesday’s podcast, Randy made mention of some tools that Pedro showed him which allow users to hold Ethereum-based tokens—like Golem Network Tokens (GNT), Augur (REP) tokens, SingularDTV (SNGLS) tokens, etc.—on a hardware wallet. Randy said he’d make a post about it for the blog later in the week and well, here we are!
KeepKey hardware wallet for BTC, ETH, DASH, and other cryptocurrencies
Tokens built to utilize the Ethereum blockchain conform to a “token standard” called ERC20; this standard ensures that wallet apps, exchanges, etc. can accept and interact with any ERC20 token, all without having to code unique integrations for each new token system.
Some of these tokens can be purchased using ShapeShift.io or OpenLedger; others can be found at decentralized exchanges like cryptoderivatives.market. When you purchase these tokens, a smart contract grants ownership of them to your Ethereum address. But as of the writing of this post, the wallet apps provided by the hardware wallet manufacturers don’t display token balances as part of your ETH holdings. Continue reading →
Darren and JJ celebrate their 3 years of doing Neocash Radio! Venezuela looks to seize and jail factory owners who do not keep the machines running. Donald Trump thinks the US can print money to avoid a default forever. Mycelium wallet looks to grow with a crowd sale. News and views from Bitcoin Core. Ethereum news and the DAO crowdsale keeps climbing to $106 Million.
Mexico sells US Dollars for Pesos. China may have melding bitcoin with stock exchanges. Quantum computing sees a break through. Circle receives funding from Goldman Sachs as they look to develop a bitcoin wallet that also supports US Dollars. BitGO seeks a patent on multisig while the reddit community is in outrage. 21 Inc a secretive bitcoin start-up may be looking to put ASICs in “all the things”.
Bitcoin and crypto-currencies in general can be difficult to understand by many. Even the tech-savvy have questions with this new breed of digital commerce. Part of the idea behind Neocash Radio is breaking down the idea into easy to digest and understand components. We are trying to make the topics available for all audiences.
Starting out we have a micro-podcast that simply explains how bitcoin works and how you can remain secure with your coins. This tutorial is meant for newbies so we try to avoid too much technical jargon. There is much to understand if you want to have all the information necessary to make an informed decision. If you want to have a better grasp on bitcoin and litecoin, take a listen to this micro-cast:
The next step in the process deals with wallets. Wallets, much like real life, hold your coins and serve as an address book for people you send coins to. This is where security really gets important. Your wallet, just like your physical wallet, must be protected from theft and there are a few ways to do this. If you are looking for information on how to set up a wallet online, on your computer, and on your smart phone take a listen to this micro-cast:
Finally in order to fully understand the entire bitcoin process you need to have an idea how the coins are created. You also need to understand how the ledger — or blockchain — is created and maintained. This is the fundamental core of the crypto-currencies. When an individual wants to send bitcoins to someone else what they are actually doing is broadcasting a message to the network, in effect saying, I am sending X coins to X address. Unlike credit cards and dollar transactions the exchange of bitcoins and litecoins is a one-way conversation. If you want to better understand mining, take a listen to this micro-cast:
We are always looking for better ways to explain these ideas and if you have an questions, comments, or suggestions please let us know. You can send me an email at jj AT neocashradio.com (replace the spaces and AT with @).