A new development could have a major impact on Bitcoin, Litecoin, and other similar platforms. A group of researchers at Stanford University, University College London, and Blockstream have announced a method for making transactions truly confidential. Known as Bulletproofs, this technology would not only enable privacy, but it would also aid in scalability, enabling many…
Altcoins
On Nov. 8, Mike Belshe, CEO of BitGo, announced that SegWit2x will not activate due to a lack of community support. He values "keeping the community together" more than increasing the blocksize or any technical improvements. Belshe feared dividing the community could "be a setback to Bitcoin’s growth." With just four brief paragraphs, Mike Belshe cancelled…
Bitcoin’s recent breakout above $7,000 is dominating the crypto news cycle, but behind these numbers are other actions worth examining. Notably, although altcoin prices have been volatile, altcoin development and adoption has been surging. Major platforms such as Dash, NEM, Bitshares and Neo are quietly taking steps designed to bring them into the mainstream. Given…
Asia has long been understood to be gaining strength in all areas of global affairs. Although the West still dominates the world politically, economically, and militarily, it is generally understood that Asia is moving ahead in all significant areas. Regarding cryptocurrency, Asia has already emerged as the most significant realm. Asia is currently responsible for…
The Bitcoin Gold split occurred on October 25th around 12:00 UTC at block 491 407, creating yet another fork of Bitcoin. It is not to be confused with Segwit2x, which will double the block size and is meant as an upgrade to the existing protocols. Instead, this fork will create a new cryptocurrency without the…
In September, users of The Pirate Bay discovered that the popular torrent site was running Coinhive, a javascript code that mines Monero (XMR) on visitor’s computers. The incident brought to light the use of such scripts, which are growing in use globally across the web. Although not as malicious as traditional malware, these mining scripts…
Bitcoin’s recent price surge has once again created volatility across the crypto space. Major altcoins have seen significant price fluctuation since the beginning of the month. Although these tumultuous periods are not new, some notable differences are evident during this current cycle. Examining these differences may give insight into crypto adoption and investment trends. There…
Crypto investment and use is moving forward at a striking pace. Current estimates put the number of active crypto wallets at over five million, with a fiat market cap of over $151 billion. Even the most conservative predictions have these numbers growing exponentially over the next few years. Governments around the world are struggling to…
As crypto continues to steadily grow in popularity, there is now little doubt that within a few years, its use will be mainstream all around the world. This is the second of a three part study examining the status of cryptocurrency across the globe. Part one examined North America and Europe. In these areas, cryptocurrency…
The general public is taking a greater interest in cryptocurrency, and it appears all but certain that blockchain technology will soon be mainstream. As more people become interested in acquiring, and using, digital assets, ease of use remains a daunting challenge. Simply put, entering the crypto space can be difficult for the less-than-tech savvy. Apps…