e-Chat – Fork or not to Fork?

Not so long ago, the e-Chat team (e-Chat is a blockchain-based messenger) took up the matter with their investors if they should launch Ethereum network fork or not. If not, they keep up according to the roadmap of e-Chat development. Why did such a question even arise? Why have forks become so popular nowadays? The…

February 12, 20180Comments

ByKewl

Bitcoin

SegWit2x Update: Hard-fork called off.

Earlier today, officials from several companies who had cosigned the New York Agreement (NYA, Barry Silbert Agreement) back in July, including Jihan Wu from Bitmain and Erik Voorhees from ShapeShift, as well as Wences Casares, Jeff Garzik & Peter Smith, have announced they no longer plan to hard-fork Bitcoin to a 2 MB block size…

November 8, 20170Comments

ByKewl

Learn

Ethereum Prepares for Metropolis Update, Postpones First Step

In 2015 the Ethereum team released a four phase roadmap for the platform’s full implementation. Two of the phases, named Frontier and Homestead, have been implemented. The third phase, Metropolis, is about to be released. This phase promises to be the most significant upgrade yet, and is designed to make Ethereum more secure, scalable, and…

September 29, 20170Comments

ByTrevor Smith

Learn

Bitcoin Beginners Guide Split Forks

One of the latest news in the Blockchain and Crypto Currency communities is that Bitcoin (BTC) will be subjected to a “Coin-Split” before long. The split between the Blockchain and network can happen if the bulk of miners (through hash power) shift to Bitcoin Unlimited (BTU). Then, they choose to mine blocks higher than 1…

May 31, 20170Comments

ByLutpin

Bitcoin

SW with 2MB blocks (SegWit2MB)

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…

April 14, 20170Comments

ByLutpin

Bitcoin

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

Learn

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

Bitcoin

BitGo Reveals Hard Fork Plans

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…

March 29, 20170Comments

ByLutpin

Bitcoin Featured

The blockchain network scaling issue

As the bitcoin continues to soar to its all time high in the recent weeks – surpassing $1200; there persists a debate about the best protocol to be used to expand the network. This debate for the right way to increase the number of transactions that the blockchain network can process has been lingering for…

March 11, 20170Comments

ByLutpin

Ethereum

Ethereum Classic is planning its own hard fork.

A few months ago, due to growing unrest because of the DAO attack, the Ethereum team made a compromise by creating a hard fork, one with the DAO hacker's Ethereum on it, and the other without, and thus creating Ethereum and Ethereum Classic, with the latter holding the hacker's tokens. While most of the Ethereum community…

October 29, 20160Comments

ByKewl