Ever since the first decentralized blockchain-based cryptocurrency (Bitcoin), there have been attempts at a network takeover, termed a "51% attack." These occur when an individual or group of miners controls more than 50% of the networks hashing power, enabling them to create a fork of the blockchain that is constructed faster than the original. By…
The Enterprise Ethereum Alliance is a nonprofit collaboration between several organizations, companies, and corporations that have taken interest in Ethereum’s platform and its future. Members include prominent industry leaders like BP, Cisco, Intel and Microsoft among others. Membership, since the first announcement, continues to expand at an impressive rate. The recently founded EEA is paving the…
A series of email correspondence from 2009-2011 with the pseudonymous creator of Bitcoin, Satoshi Nakamoto, has recently surfaced on the Internet. An anonymous researcher, CipherionX, posted the emails on the bitcointalk forum on August 11th, having retrieved them from the former Bitcoin Core developer Mike Hearn. Curiously, the first email and reply were already shared on…
Bitcoin’s use cases have only been increasing ever since the cryptocurrency came out of the woodwork and continued to rise in popularity. While bitcoin might have started as a currency with a tarnished reputation due to some of the more malicious use cases it received, the increased amount of adoption to date has made it…
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…
Today (May 22nd), Bitcoin technology enthusiasts from all over the world are celebrating the 7th anniversary of the most expensive pizza in history. Back in May 2010, a programmer named Laszlo Hanyecz paid around 10,000 Bitcoins in exchange for two Papa John’s pizzas. Back when Bitcoin technology was just a few years old, that price…
For the first time in history, the price of a single bitcoin surpassed the value of an ounce of gold. On the first week of March, this digital currency was able to close at a value of $1,268 whereas the closing value of gold remained at $1,233. Bitcoin can be considered as the most popular cryptocurrency…
In this part of the guide, you can learn more about everything that's got to do with the first digital currency, Bitcoin.
What is Bitcoin?
Before getting to understand what all the fuss is about, you need to understand some basics when thinking and talking about Bitcoin. There are a lot of misconceptions, which is normal…
Hey everyone!
We're back with the final article in our Bitcoin History series, where we will cover events that happened between years 2014 and 2016. We've focused on events that had significant outcomes or direct effect over Bitcoin. I can only say that I'm very s to have been writing this series, as I have…
We've looked at the situations surrounding the conception of Bitcoin in our previous article, and if you haven't seen it. Take a look at it here.
There wasn't a lot of noise or interest at first, therefore not a lot of things happened in that period, but these following three years are packed full with…