Bitcoin Cash Miners Carry Out 51% Attack to Prevent Unauthorized Access

Recent reports indicate that a 51% attack has been carried out on the BitcoinCash (BCH) blockchain, where two mining pools decided to reverse several transactions confirmed by another miner. From the start, it is important to mention that this is not an ill-willed attack, meant to take control over the BCH blockchain, but rather an…

June 5, 20190Comments

ByDaniel Dob

Altcoins

BitcoinCash’s November 15th Hardforks Activate, the Blockchain splits

The BitcoinCash network is undergoing regular updates through forks, the next of which was scheduled for November 15th. With different, incompatible directions suggested by the teams around Bitcoin ABC and Bitcoin SV, a network split is likely to happen at this date. The proposed hardfork from Bitcoin ABC ("BCHABC") includes a change to canonical transaction…

November 14, 20180Comments

ByLutpin

News

BitcoinCash Hard-Fork Set for November 15th, Platform’s Direction Uncertain

A long standing dispute within the Bitcoin Cash community has failed to reach a compromise, setting the fourth most valuable cryptocurrency up for a contested hard fork, which is due to take place on the 15th of this month. This latest development is a setback for Bitcoin Cash, as it reflects the difficulties the crypto…

November 7, 20180Comments

ByTrevor Smith

More Platforms are Implementing Hard Forks to Fight ASICs

The months-long decrease in market values has done little to slow crypto development, and more than ever corporate and enterprise players are controlling Proof-of-Work (PoW) mining. The primary tool of these institutions is application specific integrated circuits (ASICs), the use of which is one of the most contentious issues in the crypto space. Platform teams…

October 23, 20180Comments

ByTrevor Smith

Altcoins

Monero Hard-Forks, Becomes First Major Coin to Implement Bulletproofs

After months of preparation, Monero (XMR) has successfully activated a hard fork, upgrading its capabilities and technologies. This move is intended to make the cryptocurrency more resistant to ASICs, and also implements bulletproofs, which will enable private transactions that are substantially more efficient, and less costly, than what has previously been available with XMRs former…

October 19, 20180Comments

ByTrevor Smith

Bitcoin

SegWit2x (BT2 or B2X) hard fork countdown clock

Update November 8th: The hard-fork has been called off, as reported by Crypto-News here. SegWit2x plans to split off the Bitcoin network at block 494784, which is expected to be mined in: Current block number: (updated once per minute) After the previous chain-splits in August (Bitcoin Cash, BCH) and October…

November 6, 20170Comments

ByKewl

Bitcoin Featured

Breaking the Confusion Around SegWit2x

This controversial topic has left investors, users, and organizations perplexed. Many in the Bitcoin community have pitched their opinions about the matter, have made their decisions, and advocated for or against SegWit2x. With good arguments speaking for either side, it is now on the users to try and understand this situation, in order to make a…

October 15, 20170Comments

ByZoran Spirkovski

Bitcoin

What is SegWit2x and how could it affect Bitcoin?

A majority of miners have started showing their preference for SegWit2x, a version of Segregated Witness that's deviating from what Core developers envision to be the solution to bitcoin's scaling issue. But what is it and what's leading bitcoin to it? Recent events have led to increased demand for a solution to bitcoin's scaling issue. With…

June 23, 20170Comments

ByGeorge Krash

Bitcoin

The History of What’s Leading Bitcoin to the August 1st Fork

Things are looking a bit rough within bitcoin’s community once again. Current events might not exactly be as divisive as when opposition to Core development was peaking through 2016, but this time big miners are speaking out. The problem The community has been in need of a solution for quite some time now. The increase in…

June 20, 20170Comments

ByGeorge Krash

Bitcoin Featured

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