Things are looking a bit rough within bitcoin’s community once again. Current events might not exactly be as divisive as when opposition to Core development was peaking through 2016, but this time big miners are speaking out.
The problem
The community has been in need of a solution for quite some time now. The increase in…
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On June 15, three well known cryptocurrencies — Bitcoin, Ethereum and Ripple — fell nearly 13-17% in one day of trading, while some smaller altcoins faced even higher drops in valuation. The overall decline in market cap of these cryptocurrencies combined is estimated to be around $16 billion. This came as a surprise to many…
If you’ve bought Bitcoin as an investment, there are two ways to go forward: either hoard them and watch as the price rises, or exchange Bitcoin with other altcoins. While the former may have a long term advantage (Bitcoin has risen more than 400% from October 2016), the process is lengthy and may not yield…
The very basis of bitcoin transactions – the blockchain – has always relied on miner confirmations to determine whether a bitcoin transfer was indeed valid. For most bitcoin users, confirmations are essential to prevent double-spending, a scam where one bitcoin is spent at two different places at the same time. For the most part, this…
Crypto-coins have seen an explosive growth over the past year, each altcoin coming up with innovative methods of coin generation and unique services for its users. An example of such a currency is Sia, which aims to revolutionize the way digital cloud storage works.
According to its founders, Sia aims to be a “completely private, affordable…
There were over 700 cryptocurrencies in existence at the end of 2016. In 2017, the trading volume for the 8-year-old cryptocurrency market has grown to exceed $100 billion. Five of the top cryptocurrencies in 2017 are Bitcoin, Litecoin, Ethereum, Ripple, and Dash. The growing popularity of cryptocurrencies has helped bolster the market value of these five coins…
A unique platform in the now-inflated world of crypto, MobileGo is the first cryptocurrency-centric platform to allow widespread use of crypto for payments for in-game purchases and mobile games. Although the ICO has already ended for this promising platform, it may still be profitable to invest due to the very unique features that the platform…
While Bitcoin and Ethereum prices continue on a short-term downward trend, the Alt-coins are being put through the test of adoption. A good number of these currencies have already gone through some hype and are currently experiencing a decline in volume. I anticipate the bull run on alt-coins to continue for some time and holding should be…
The first Wednesday of every month in Amsterdam offers a unique opportunity for every bitcoin and blockchain enthusiast.
This month, I took the opportunity to attend this event and to share with you information about what happened and what was discussed. Read this article to read more about what was presented, who was speaking, and to…
Research revealed Segregated Witness or SegWit is possibly liable for violation of two patents filed with the United States Patent and Trade Office. The SegWit protocol has been the subject of numerous discussions and debates during the past year as solution to flexibility issues as well as probability execution will enhance transaction throughput. This refers…
