Bitcoin and Crypto Bounties fight Poverty

It seems that Bitcoin and crypto bounties are doing more to alleviate poverty than most people believe.   What is a Crypto Bounty?   A crypto bounty is a small crypto payment to someone in exchange for a task and sometimes those tasks can be fairly simple such as sending out a tweet or more complex like writing an article, making a video or even doing some development work.   Recently it has come to light that people in impoverished conditions are having a major improvement in their lives by…

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Hack the DAO: Blockchain Startup Daox to Announce a $100K Hacking Contest

  Daox, a blockchain startup that is developing a platform and ecosystem for ICOs based on the concept of a decentralized autonomous organization, has announced the $100k hacking contest to prove that their DAOs are safe.     According to the rules, participants should either find a way to completely freeze or steal the funds that reside on a DAO’s Ethereum smart contract. The first person to complete the objective would be unconditionally rewarded with a $100k prize in bitcoins and get an offer to join their team.   The…

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