Lutpin

This is Lutpin, and I edit, review and publish articles for CryptoNews.
Sometimes, I also write them myself.

I started being interested in bitcoin and cryptocurrencies as far back as late 2012/early 2013. A year later I dropped out of the scene due to losing interest. Since 2015 I'm back in and involved deeper than ever. Besides writing articles, I'm a huge fan of gambling, preferrably combined with cryptocurrencies. Another big interest of mine are physical bitcoins, I know everything about them. Besides Crypto-News and Crypto-Games, you can find me mainly on bitcointalk.org

106 articles published

Archive

Bitcoin Mining in 2017

Mining adds transaction records to the public ledger of Bitcoin that contains previous transactions. This process used to be performed by individual desktop computers that run BTC nodes as miners competed to address algorithmic issues while verifying transactions on the crypto currency’s Blockchain. The PC that resolves the problem first is rewarded with Bitcoins. This…

April 13, 20170Comments

ByLutpin

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Japan acknowledges Bitcoin as Method of Payment

Cryptocurrencies have become popular in all parts of the world. The legal acceptance of Bitcoin within Japan as a payment method can be considered as a perfect example to prove the above mentioned fact. The news has officially been released by the Financial Services Agency of Japan. After the legal acceptance, The Accounting Standards Board…

April 12, 20170Comments

ByLutpin

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Mitigating Vulnerabilities In Blockchain Security

Cryptocurrencies have the ability to help people make secure transactions. However, there are some issues associated with them. These issues keep people away from using them. The Blockchain security holds a prominent place out of those issues. Various studies have been conducted in order to analyze the security of cryptocurrencies and how necessary solutions can be…

April 10, 20170Comments

ByLutpin

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Armory opposes Hard-Forks, supports SegWit

Armory is an open-source wallet management app specifically for Bitcoin. It supports SegWit or Segregated Witness to deal with the scalability issue of Bitcoins network. Armory contradicts hard forks that counter the original Blockchain. It can organize the change and apply a migration tool for another wallet that supports the change. Armory Wallet is not conducting…

April 9, 20170Comments

ByLutpin

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Canadian Companies Unanimously Reject Bitcoin Unlimited

The top Bitcoin firms in Canada, together with operators of economic nodes and service providers, agreed to try turning down Bitcoin Unlimited. According to these stakeholders, it is a controversial hardfork that must not be implemented. They believe Bitcoin Unlimited does not suit the standards of an useful hard fork. Some of the involved companies…

April 7, 20170Comments

ByLutpin

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Ethereum’s 2017 Roadmap

Digital assets are what matters in today’s financial sphere. Having said that, numerous institutes come to the fore in order to handle the digital assets. Ethereum, among them, would definitely score more because of its excellent performance. Ethereum’s so far performance has been instrumental in pioneering a network of massive pool of commercial functions and organizations. What…

April 4, 20170Comments

ByLutpin

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A Short Guide to Bitcoin Forks

If you have taken a look at all the news that goes around in the past about Bitcoin, you must be wondering about what exactly the forks are. A fork can simply be defined as a technical scenario, which takes place when several participants get the need to come up to an agreement based on…

April 2, 20170Comments

ByLutpin

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Crypto and the IRS

Before probing as to why both Crypto and the IRS should not be quite taxing, it is more convenient to understand what they are. Crypto is short for cryptocurrency, which is a digital medium of currency. This was introduced to control fund transfer and sovereign function of any central bank. Many financiers believe that the crypto…

April 1, 20170Comments

ByLutpin

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The Probability of a Bitcoin Unlimited Hard Fork

Bitcoin Unlimited is making news these days, but people who are attached to the industry strongly believe that the hard fork execution will not take place anytime soon. This includes developers and experts such as Charlie Shrem, Jameson Lopp and Andreas Antonopoulos. They have clearly stated that Bitcoin Unlimited is not yet ready for production.…

March 31, 20170Comments

ByLutpin

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Ether is added as Third Crypto Currency on AlphaBay

Almost two weeks ago, AlphaBay (a prominent dark web market) declared it will spearhead the acceptance of Ether as supported virtual currency. It joins Bitcoin and Monero in this category. This formally takes place on May 1, 2017. Ether has reached its peak. Announcement of this acceptance as large merchant elevates Ether to new altitude. WIRED…

March 30, 20170Comments

ByLutpin