The BitcoinCash network is undergoing regular updates through forks, the next of which was scheduled for November 15th. With different, incompatible directions suggested by the teams around Bitcoin ABC and Bitcoin SV, a network split is likely to happen at this date. The proposed hardfork from Bitcoin ABC ("BCHABC") includes a change to canonical transaction…
CryptoNews came across this fantastic cryptocurrency trade monitoring tool called CoinTracking.info. We reached out to them for a feature interview, and you are reading the results of that course of action. Our writer Zoran Spirkovski had a chat with Dario Kachel, founder of CoinTracking. We've learned more about their service, their target audience, and what their tool…
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…
If a person who spent $10 back in 2010 to buy a pizza invested that money on Bitcoin, he would become a millionaire having $10 million by now. This fact clearly explains the price hike of Bitcoin. Digital currencies are considered as the future ad they are gradually in the process of replacing traditional currencies.…
The newest scaling proposal is called as Segwit2x. The entire proposal is spearheaded by Digital Currency Group; this is the investment conglomerate of Bitcoin. The primary objective of this proposal is to introduce two main changes in the Bitcoin network and contribute towards its progress in the future. The first change out of it would…
During the recent past, we heard a lot of news stories related to encryption attacks and identity theft. The recent “WannaCry Encryption Attack” can be considered as a perfect example to prove the above mentioned fact. These instances are in a position to create a tremendous impact on the lives of people. As a result,…
During the past few years, the popularity of digital currencies has grown exponentially. Bitcoin can be considered as a perfect example to prove the above mentioned fact. The value of Bitcoin overtook the value of Gold at the beginning of this year. The price hike of this digital currency continues along with time and we…
There’s a novel Bitcoin Improvement Protocol or BIP. This came out in the mailing list of Bitcoin Core. The BIP (still without any number) recommends an User-Activated Soft Fork or USAF on August 1st (as with BIP 148) and a hard-fork to 2MB six months after. 2017 Scaling Agreement The assumption is those who signed Consensus 2017…
Bitpoint Japan, a payment and exchange start-up, formed a partnership with Peach Aviation for Bitcoin payment technology to this airline firm. It also plans to use this approach for more than a hundred thousand Japanese retail shops. Peach is the first airline company that accepted the BTC for tickets. All Nippon Airways, biggest Japanese airline, is…
The Darknet (or Dark Net), has given Bitcoin a negative image. Darknet refers to the “overlay network” accessed with exclusive configurations, software, and authorization. It makes use of unusual or substandard communications procedures and ports most of the time. Two kinds of dark net are called: Friend-to-Friend (used particularly for sharing of files with Peer…