Some interesting news in the Bitcoin and Block Chain world.

From the educational perspective, Ilya Grigorik covers the basics of how the block chain works in his excellent piece, Minimum Viable Block Chain. Also @zach-bitcoin released BasicCoin which is “the smallest [crypto-]currency” he could make, written in Python.

From the business perspective, Chain has launched, which bills itself as “The Block Chain API for Developers” (looks really nice BTW). And finally, more recently, Expedia has announced that it will now accept Bitcoin for hotel reservations.

Lots happening the the world of Bitcoin and the broader world of the Block Chain.