US Marshals to Sell 2170 BTCs

The price of sale is unknown, but their average market value was about $ 18.7 million
23 March 2018   272

The US Federal Marshals Service conducted another auction, during which 2,170.7 bitcoins were sold. As noted by the representative of the department, most of the lots, 2100 BTC, was bought by one of the participants, reports CoinDesk.

It is unknown on which rate bitcoins were sold, but at the time of publication, their average market value was about $ 18.7 million. In total, 42 buyers participated in the auction.

Recall, the auction was announced on March 6. As it was reported then, it was planned to auction 14 individual lots for the auction: two for 500 BTC, eleven for 100 BTC and one for 70 BTC.

The origin of most confiscated bitcoins is indicated on the official website of the department. Some coins are associated with the case of former US Secret Service agent Sean Bridges, who was sentenced to imprisonment for stealing bitcoins during the investigation of the DarkNet Market.

Nakasendo SDK launched by Nchain for Bitcoin Cash Growth

Blockchain company Nchain has released its 1.0 version of Nakasendo software development kit (SDK) to support BCH
24 April 2018   89

Nchain underlines that the Nakasendo SDK is accessible for software programmers focusing their energy and resources relatively to bitcoin cash application and platform development.

Version 1.0 of the SDK focuses on providing a cryptographic library, to allow for a more flexible method of key generation and sharing. This cryptographic library can be used to improve security for any cryptocurrency exchange, and more broadly for controlling access to any type of digital asset or resource.
 Nchain Group, Blockchain Technologies Research and Development Company

 

Nchain points out that the Nakasendo SDK will assist Nchain port software libraries that will help programmers in designing bitcoin cash apps. The SDK designed by Nchain is to navigate the complexities of blockchain growth, and strengthen work. The London firm declares that the SDK includes two patents from the company’s intellectual property portfolio.

Although the SDK libraries will be useful for developers on any blockchain or digital platform, we want to use key elements of nChain’s patent portfolio to help benefit the Bitcoin Cash ecosystem. That is why we are providing the SDK for free usage only for applications and products that operate on the Bitcoin Cash (BCH) blockchain. The SDK is one of many tools Nchain will use to ignite the BCH blockchain, and help re-invent the business world.
Jimmy Nguyen, Nchain Group, CEO

Currently, the 1.0 version of Nakasendo is only available to a determinate group of developers and teams that have been appointed in an initial testing pool. Nchain claims that the Nakasendo SDK will be made more accessible at a later date.