Lot of interesting stories the past couple of weeks but I need to close some tabs. One older post of interest — for you statistics buffs — comes from Distributome Data & Activity: Horse Kicks which describes the use of a Poisson distribution to model how Prussian Calvary officers were kicked and killed by horses between the years 1875 and 1894.
Other notable links related to China as well cryptocurrencies (and sometimes both):
- Bitcoin firm HXCex being probed after customer says he lost HK$67,000 from South China Morning Post
- Weibo’s mobile wallet will soon allow friends to send money to each other from Tech In Asia (awesome)
- WeChat users in China can now transfer money to each other from Tech In Asia (double awesome)
- Proof of Stake Velocity: Building the Social Currency of the Digital Age by Larry Ren of Reddcoin
- Chinese Speculators Burned by Bitcoin Turn to IPO Market from Bloomberg
- What gives a dollar bill its value? by Doug Levinson (from the feedback I’ve gotten from the last few weeks it seems as if a lot of the Bitcoin community is not really familiar with how money and credit work or exist)
- … but with bitcoins (a bitcoin business generator)
- Foreign Currency Translation from Cengage (“Develop the necessary understanding and skills to translate the financial statements of a foreign entity into U.S. dollars using the all-current and the monetary-nonmonetary translation methods.”)
- 51% Of The Network? by Dave Hudson (looks like you actually need to have closer to have 60% of the hashrate to really have 51%)
- Decentralized digital asset exchange with honest pricing and market depth by Alex Mizrahi (with comments from Peter Todd)
- Anonymous Byzantine Consensus from Moderately-Hard Puzzles: A Model for Bitcoin by Andrew Miller and Joseph LaViola
- Trading the yuan from The Economist (it’s much lower than the Zerohedger’s try to claim)
- Open Contracting: A New Frontier for Transparency and Accountability from the World Bank Institute and Open Contracting Partnership
- What is a security and why does it matter? from Cutting Edge Capital
- Proof of Activity: Extending Bitcoin’s Proof of Work via Proof of Stake by Charlie Lee, Alex Mizrahi, Meni Rosenfeld and Iddo Bentov
- 500 Million Dogecoins Mined by Unknown Hacker in Malware Attack from CoinDesk
- fei ch’ien (a type of informal value transfer system)
- The Uses and Limits of Financial Cryptography: A Law Professor’s Perspective by Peter Swire
- Horse trading (are most cryptocurrencies just a modern form of horse trading?)
- Casey Serin (is there a Casey Serin of cryptocurrencies… Fontas?)
- Klarna Statistics and Xoom (apparently it is cheaper than Western Union)
- The Renminbi as a Reserve Currency, Part 1 by Patrick Chovanec
- Macau Further Restricts UnionPay Card Use at Casinos from Bloomberg (because it’s a very easy way to skirt capital controls)
- 2014 Currency Exchange Study from Card Hub
- Theoretical and Practical Nonoutsourceable Puzzles by Sergio Lerner