The Winklevoss
twins received amount of $65m payout from Mark Zuckerberg after they
accuse Zuckerberg stealing their idea for a
college-based social network. And they are currently seeking for approval from
US regulators on a Bitcoin exchange.
In addition, they plan
to have the exchange, called Gemini.
Development work on
software said, “the exchange being practiced at the
Bitcoin start-up founded by the Winklevoss twins. Furthermore, they have been
lobbying New York financial regulators to support for the idea and have signed
up banks to handle deposits and transfers.”
The main weakness of this Bitcoin exchange is some had been
robbed their deposits.
Noted as well, “Bitcoin is a virtual currency created around a
complicated cryptographic protocol and a global network of computers that
oversees and verifies which coins have been spent by whom,” said founders.
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