Asset forfeiture is a controversial policy that allows local and state police departments to seize money and property from those suspected of committing a crime, even in cases where the alleged criminals are not convicted of wrongdoing. While many activists have been pushing for reform in the area of asset forfeiture for years, the US […]
This post DOJ’s Asset Forfeiture Decision Illustrates Bitcoin’s Usefulness first appeared on Coinjournal.
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. […]
Earlier this week, the Genesis Mining development team announced that an unauthorized intrusion by an undisclosed attacker was discovered and as a result, funds stored in the company’s hot wallet were stolen and transferred to an external wallet. Most companies in the space operate a hot & cold wallet system: Hot wallet refers to wallets […]
While the push for renewable energy is gaining traction, consumers are still tied to large power grids and the even larger cartels who control them. But things might be changing. In 2016, the first ever blockchain managed energy transaction occurred in Brooklyn through a microgrid that allows users to trade energy through a virtual, peer-to-peer system built on blockchain technology.
It’s taken the Bitcoin industry years to reach an agreement on how to best scale Bitcoin and begin the process of activating Segregated Witness, a solution which was originally proposed in December 2015. Despite extensive analysis from experts including Blockstack co-founder Ryan Shea which proved SegWit to be a secure and practical solution which solves […]
This post Early Stage Investor Talks Bitcoin’s Scalability & Long-Term Vision first appeared on Coinjournal.