Skip to content Skip to sidebar Skip to footer

Bitcoin Offshoots: Bitcoin Cash, Bitcoin Gold and Bitcoin Private

As the original cryptocurrency, Bitcoin was the inspiration for hundreds of others, including little brother Litecoin and Ethereum . But some of these blockchains—including Bitcoin Cash, Bitcoin Gold, and Bitcoin Diamond—are direct forks of Bitcoin and share most of their DNA with the leading cryptocurrency. In total, there are over 40 bitcoin offshoots…

Read more

BitcoinCash Hashrate Leads To Weaknesses, Underscores Vulnerability in Proof-Of-Work

As the crypto market continues to gain strength, BitcoinCash is finding itself in a unique and precarious position. Although its market value has increased substantially over the past few weeks, interest from miners appears to be decreasing. Now, some analysts are concerned that an upcoming halving may further reduce mining activity, leaving the platform vulnerable…

Read more

The Debate Over Crypto Electricity Usage is Heating Up, But Clear Answers Are Elusive

With market value on the rise, the Bitcoin hash rate, as well as that of other proof-of-work (PoW) cryptocurrencies, is escalating. This increase is driving up electricity usage, which is once again sparking a debate over which type of blockchain architecture should be used for mass adoption. Unfortunately, the electricity issue is complex, with conflicting…

Read more

Lightning Network Growing, Bitcoin Still Faces Stiff Competition

The issue of scalability is among the most significant, and controversial, issues across the crypto space. Bitcoin’s solution, the Lightning Network (LN), has now been available for over one year, and its use is growing rapidly. Nevertheless, it remains controversial, and competition is growing from rival platforms that offer alternate scaling solutions. The Lightning…

Read more

Competition Heating Over Confirmation Speed, May Determine Long-Term Success

Next year is all but certain to see blockchain technology assume a much greater role across many business and technical sectors, and institutions across the globe are evaluating platforms for potential adoption. Anticipating this move, competition is emerging, usually pushed by development teams, promoting the technical merits of platforms for a range of applications. Of…

Read more