Bitcoin’s Lightning Network Version 1 RC is Here, Mainnet Beta Implementations On The Way

Bitcoin’s Lightning Network Version 1 RC is Here, Mainnet Beta Implementations On The Way

According to a post from three Lightning Network development teams on Medium, a release candidate for version 1.0 of the Lightning Network protocol has been completed, which includes compatibility between three different implementations of this layer-t…

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Path Towards Better Privacy in Bitcoin Becomes Clearer, But Will Still Take Time

Path Towards Better Privacy in Bitcoin Becomes Clearer, But Will Still Take Time

While bitcoin is often referred to as an anonymous online currency that is used by criminals on the dark web, the reality is that the P2P digital cash system does not offer much privacy to its users at all. Many blockchain analytics companies have popp…

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Path Towards Better Privacy in Bitcoin Becomes Clearer, But Will Still Take Time

Path Towards Better Privacy in Bitcoin Becomes Clearer, But Will Still Take Time

While bitcoin is often referred to as an anonymous online currency that is used by criminals on the dark web, the reality is that the P2P digital cash system does not offer much privacy to its users at all. Many blockchain analytics companies have popp…

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Greg Maxwell on the Prospects of SegWit2x And Why Bitcoin Developers May Leave The Project If It Succeeds

Greg Maxwell on the Prospects of SegWit2x And Why Bitcoin Developers May Leave The Project If It Succeeds

At a recent SF Bitcoin Developers meetup, Bitcoin Core contributor and Blockstream CTO Greg Maxwell provided a technical presentation on the upcoming 0.15 release of Bitcoin Core. During the Q&A portion of his talk, Blocktime co-host Michael Tidwell asked Maxwell for his thoughts on SegWit2x and specifically what he thinks would happen in a situation […]

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Bitcoin Fees are Rapidly Decreasing With SegWit

Bitcoin Fees are Rapidly Decreasing With SegWit

Bitcoin fees are rapidly decreasing due to the integration of the Segregated Witness (SegWit) by leading wallet providers. According to the blockchain analysis platform OXT, less than 10 percent of current bitcoin transactions are SegWit-enabled. Which means, only a small portion of users are experiencing lower fees and reduction in transaction size. But, despite the gradual […]

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$44 Million in Ethereum Moved With $0.13 Fee, How Can Bitcoin Reach Similar Scalability?

$44 Million in Ethereum Moved With $0.13 Fee, How Can Bitcoin Reach Similar Scalability?

Bitcoin fees have significantly decreased over the past few months, especially since the lock-in of the Bitcoin Core development team’s scaling solution and transaction malleability fix Segregated Witness (SegWit) and the proposal of SegWit2x. Leading bitcoin wallet platforms including Blockchain, the second largest non-custodial bitcoin wallet application behind Coinbase, currently recommends a $0.88 fee for […]

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Bitcoin Price Continues to Rise in Spite of Increased Competition

Bitcoin Price Continues to Rise in Spite of Increased Competition

During the recent Blockstack Summit 2017 event, there was a panel discussion on the usefulness of digital currencies, such as bitcoin, for payments. The panel featured 21 CEO Balaji Srinivasan, Lightning Labs co-founder Elizabeth Stark, and Yours CEO Ryan X. Charles. Additionally, Adamant Research Editor in Chief Tuur Demeester moderated the discussion. In addition to […]

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Segregated Witness (SegWit) Locks In On Bitcoin

Segregated Witness (SegWit) Locks In On Bitcoin

Segregated Witness (SegWit), a software improvement to the Bitcoin network, has reached its lock-in threshold, now heading towards the two-week “grace period” before full activation. The upgrade reached the necessary threshold yesterday with a 100% of bitcoin mining pools signaling support for the proposal. The two-week waiting that follows will give users and mining pools […]

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Hours Away From Bitcoin Fork, Price Above $2,900 as Investors Remain Confident

Hours Away From Bitcoin Fork, Price Above $2,900 as Investors Remain Confident

The scheduled execution of the bitcoin hard fork proposal Bitcoin Cash which is set to begin on August 1, 12:20 UTC, is hours away and yet the market, investors and traders remain confident in bitcoin and its ability to scale. Earlier this week, bitcoin analyst and Civic CEO Vinny Lingham stated, “If I were running […]

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Developers are Utilising Ethereum For Video Games

Developers are Utilising Ethereum For Video Games

Immutability deriving from Bitcoin’s proof of work consensus protocol and its mining ecosystem has proven to be beneficial for a variety of applications including identity verification and data processing. Outside the traditional realm of finance, developers are beginning to utilize the immutable nature of blockchain technology to create a more transparent and fair gaming environment. […]

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