Hard fork looming is making news in today’s world and all the major Bitcoin wallets are concerned about it. BitGo, a multi-signature Bitcoin wallet provider, has already advised the customers on steps that need to be followed when a new chain emerges. Most probably, the new chain would be Bitcoin Unlimited, but these steps can…
Plans of developing another form of Ethereum Virtual Machine (EVM) look good as developers work to replace the original model. The new version allows use of scripts on the ETH Blockchain and built on the WASM or Web Assembly programming language. WASM was introduced in 2015. It is supported by a team from Google and…
AlphaBay, one of most widely held dark market expects will “add support” for Ethereum, the open-source and public Blockchain-based distributed platform that features the functionality of smart contracts within the next few weeks.
A mediator for AlphaBay made the announcement after obtaining data from the news site, DeepDotWeb. It is planning to incorporate payments starting May…
Earlier this month, Vinny Lingham, who was the CEO of Civic and founder of Gyft was giving warnings on how a hard fork might be destroying the value of Bitcoin. 21 Bitcoin exchanges have clearly stated their opinions towards Bitcoin Unlimited trading. However, the exchange coalition made a statement saying that they will be able…
How is it like to trade Bitcoin? Trading this crypto currency is not as easy as buying and selling pancakes. In fact, Bitcoin commerce is more complex than FOREX trading. There are Do’s and Don’ts to consider in Peer to Peer Trading.
Here are the Dos:
Answer all questions of sellers. Otherwise, they may get turned…
Crypto currencies are gradually turning out as a novel and out of the ordinary phenomenon in global financial markets. In fact, latest developments and trends related to Bitcoin (the most popular virtual currency thus far) never fail to elicit issues and questions regarding the behavior of this currency’s exchange rates. There seems to be a…
The Bitcoin Exchange Traded Fund was denied. The crypto currency’s price declined considerably after the Securities and Exchange Commission announced its verdict. This application for ETF was a widely discussed topic for two years until SEC officials rejected said claim on the grounds Bitcoin is not regulated. Market price crashed from $1,350 to $1,080 right…
What is Bitcoin Unlimited?
Bitcoin Unlimited can be considered an alternate Bitcoin client, as an alternative to Bitcoin Core. The primary objective of Bitcoin Unlimited is to bring all the debates taking place about the block size to an end. If that happens, the network would be provided with the freedom to make a changable decision on…
The popular opinion worldwide is Bitcoin trading cannot be stopped even by the very rigid censorship of the Chinese Government and the People’s Bank of China on crypto currencies.
Bitcoin exchanges have introduced unique procedures such as “Know your Customers” as well as put off withdrawals a month ago even before China’s central bank issued new…
Sergio Demian Lerner is chief scientist at Rootstock Software, manufacturer of potent Cloud ERP Solutions. He disclosed a new scaling solution for Bitcoin known as Lumino. A whitepaper about this solution came out to introduce the Lumino Transaction Compression Protocol (LTCP).
Lumino refers to a hub-and-spoke network utilizing off-chain payments like the Lightning Network (SegWit) with…
