Monero is a privacy-centric digital currency that incorporates transactions not capable of being linked as one of its primary offerings. A research paper questioned this ability. The research probed how this crypto currency’s transactions complicate their origins. It divulged that Blockchain analysis could possibly generate transactions being linked, if those happened prior to 2017. Monero…

The Taipei Ethereum Meetup Vitalik Buterin is one of the biggest players behind Ethereum, he is one of the founders and currently working as lead developer. Vitalik Buterin showed up at the Taipei Ethereum meetup, where he made a statement that the prerparation for Proof of Stake are now 75% complete. This is good news for all…

ETH Zurich scientific and technical researchers are working with Aviv Zohar (from the Hebrew University in Israel) to underscore attacks on Bitcoin through the Web’s routing infrastructure. This is a problem for the crypto currency’s developers because they cannot control the magnitude and direction of those attacks. The esteemed Border Gateway Protocol (BGP) illustrates how packets…

What are smart contracts? Smart contracts play a major role behind financial services. A smart contract can be used by two or more parties via an electronic medium to agree upon specific terms and conditions in a self-regulating contract. These contracts would usually be involved in a financial transaction, which is associated with a Blockchain.…

Many crypto currency investors are following a glaring trend. Bitcoin traders shift from one virtual currency to another and allocate their money to three other popular currencies, which are Litecoin (LTC), Monero (XMR) and Ethereum (ETH). The downside of Bitcoin is its timeframe but the price is more stable compared to other digital currencies. In fact, volatility…

Using bots for Bitcoin mining Cryptocurrencies would take over transactions in the future. Out of the cryptocurrencies that can be found out there, Bitcoin holds a prominent place. However, Bitcoin mining has become some sort of a challenge. This has tempted engineers to seek the assistance of latest technology for Bitcoin mining. That’s where they paid…

With technology, almost everything tends to shift. Financial transactions, for that matter, cannot be an exception. After the internet stole the show in the technology-savvy society, bitcoin entered the scene as a digital currency. Bitcoin users are a growing population. One of the latest apps introduced to Bitcoin users is Samourai, a digital wallet built…

A possible Bitcoin hard fork has received much attention during the recent past. Even though no official announcement about the forking point of Bitcoin Unlimited has been released, people still fear what would happen if the hard fork takes place. This has created a negative impact on the value of Bitcoin. As per April 16th, the value of Bitcoin dropped to $1187 on the price index. Does this mean that people have started losing their faith on Bitcoin? Bitcoin can be considered as the most popular cryptocurrency that exists out there. People who live in all parts of the world are familiar with Bitcoin and they tend to use the currency for a variety of purposes. As a result, it is sometimes considered "digital gold". However, the drop in Bitcoin prices isn't anything good, compared to how the value associated with Bitcoin has been increasing throughout most of its lifetime. This situation gives life to a variety of complicated instances. One such instance is people losing faith in the cryptocurrency. What we can expect By the beginning of April, there was a healthy trading market created for Bitcoins. Crypto Time article has analyzed the situation in detail and they released a comprehensive report explaining all the sequences that could occur. According to the article, the month of April is expected to make profits in the Bitcoin space, because the cryptocurrency is expected to receive the attention of more and more investors and speculators during the month. Therefore, we would not assume that the currency goes down, however the monetary value of the currency has slightly dropped. That doesn’t mean that the currency is losing its faith among people, as it's completely natural for users to fear a hard-fork, even though we are not yet sure when Bitcoin Unlimited would come into play. In fact, we don’t even know whether it will ever come into play. The above mentioned statements would make sense to you when you take a look at it from a non-technical perspective. However, it is important to take a look at the technical aspect of it as well. That’s mainly because some of the people engaged with Bitcoin trading don’t have a clear understanding of the intricacies associated with Bitcoin. As a result, they would risk their money without obtaining a complete mechanical acumen about the cryptocurrency. People are still trading Has the fear of hard fork kept people away from trading? No, it has not. Market actors who have a clear understanding of the nature of the cryptocurrency have not stopped their trading activities. If they gave up their efforts, the price of Bitcoin would definitely go down spirally. Taking a careful look at the price, you can realize that such a thing never happened. Hence we can assume that most people, especially the ones who are engaging in Bitcoin trading, have not lost their faith yet. All of them expect the Blockchain issues to be resolved on a positive note, but until that, they are not willing to give up the trading activities. The downward trend has been spurred by the SEC refusal too. They have already released an exchange traded fund for Bitcoin as a result of it. Therefore, market actors don’t need to worry about anything in terms of the political actions that would take place. They are provided with the freedom to engage with their trading activities while keeping peace of mind. Even though the market actors have never given up their efforts, some people who were attached to the currency worry about the scaling debate. However, it is high time for them to eliminate those fears from their minds. In other words, it is time for them to have faith in Bitcoin and move forward with trading and mining activities. The expansion of Bitcoin ATMs According to a report that was published by Razor-Forex.com on March 2nd, Bitcoin ATMs are being installed all around the world. In fact, the number of Bitcoin ATMs is increasing exponentially. More than 53 new Bitcoin ATM machines have been installed in different parts of the world during March this year. It's speculated that a higher number of Bitcoin ATM machines will be installed in April and the number will continue to grow with time. This clearly indicates a healthy expansion of the digital currency. The price of the digital currency is expected to increase once again in the upcoming weeks once people have a better picture about the hard-fork possibility. As a result, most realize they don’t need to worry. In the meantime, infrastructure facilities demanded by the people who were attached to the digital currency are being developed, which certainly indicates a promising future for Bitcoin.

Greg Maxwell is a developer for Bitcoin Core and chief technical officer at Blockstream who disclosed that a miner and manufacturer of Application-Specific Integrated Circuits (ASIC) uses AsicBoost secretly to increase mining revenue by at least 30%. Numerous sources disclosed it is without a doubt Bitmain which explains their disinterest in Segregate Witness. Bitmains products…

One of the more reputable bitcoin developers, Sergio Lerner from Argentina, suggested an unique compromise to bitcoins scaling. In technical terms, this is a 2MB hardfork with Segregated Witness. Some were excited while others did not show much enthusiasm to this idea. This crypto currency’s block size war rages and can only end due to sheer…