IMPLEMENTING LOGIC GATE FUNCTIONALITY USING A BLOCKCHAIN (patentscope.wipo.int)

The invention presents a solution in which blockchain Transactions are created to implement the functionality of a logic gate. The invention may be implemented on the Bitcoin platform or an alternative blockchain platform. The transaction includes a locking script which comprises instructions selected so as to implement the functionality of a logic gate such as OR, AND, XOR, NOT and so on. In some examples, the instructions may be provided in a hashed form. When the script is executed (…

Bitcoin

TOKENISATION METHOD AND SYSTEM FOR IMPLEMENTING EXCHANGES ON A BLOCKCHAIN (patentscope.wipo.int)

In accordance with the invention there may be provided a method and corresponding system for controlling the performance of a process conducted via a blockchain. The blockchain may or may not be the Bitcoin blockchain. The process may be a lending process. Advantageously, the invention provides a mechanism which enables the ultimate owner of a property or other asset to borrow funds against that asset, and sets out how this can be achieved in a manner which does not require the return to the…

Bitcoin

US Govt intends to fine BTC-E, a non-US company, for not implementing US identity requirements.

Alexander is alleged to be involved with MTgox hack laundering, BTCE is not alleged to have done anything except not comply with US Identity regulations. The US wants to be handed 100m for it.

The US don't have control of BTC-E account funds nor their servers and BTC-E doesn't have offices in the USA, the US won't get a penny from them and it's highly unlikely BTC-E will close at all. After all these US statements came out BTC-E put out an update saying they intend to be back online.

However, this marks the start of the war we knew was coming. Now is not a time for FUD spreading, its a time for solidarity across all the communities.

Stop falling for the narrative, that it's a good thing exchanges are being targeted, for your protection.

"FinCEN today assessed a $ 110 million civil money penalty against BTC-e for willfully violating U.S. anti-money laundering (AML) laws." https://www.justice.gov/usao-ndca/pr/russian-national-and-bitcoin-exchange-charged-21-count-indictment-operating-alleged

Everything else you are reading about their involvement with this and that is just the narrative to justify taking down exchanges. The above is the only thing that means anything. That's what this whole thing is really about.

submitted by /u/bitcoin1989
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