#bitcoin

Mining Pools Force Consensus on Bitcoin Scaling

Mining pools collectively holding at least 70% of the whole bitcoin network’s hash power sided with two large bitcoin exchanges in a so-called “call for consensus”. The call in question was compiled following the roundtable where the attendees agreed not to support Bitcoin Classic or any other hard-fork they call “contentious”. This move may propel […]

21 Inc. Launches a Bitcoin Transaction Fee Prediction App

21 Inc., mostly known for manufacturing bitcoin-customized computers, has presented a new product, a free-of-charge application allowing users to define the level of transaction fee required for the transaction to be confirmed during a given interval of time. The app is available at bitcoinfees.21.co. It offers real-time assistance, and shows actual fee amounts for bitcoin […]

World Government Summit Speech: Bitcoin Will Inevitably Become the Future of Money

Speaking at the World Government Summit, Nicolas Cary, co-founder and president of Blockchain.info, stated that cryptocurrencies are capable of disrupting the way people may handle money to pay for goods and services, and effect transactions around the globe. .@niccary: Bitcoin will inevitably become the future of money, replacing conventional way of doing every day transactions […]

The Princeton Textbook on Bitcoin is Available Free of Charge

The Princeton Universtity textbook on Bitcoin, accompanying the corresponding course of lectures, has been released and now available for no charge. The book contains over 300 pages and essentially covers almost everything related to the cryptocurrency. “If you’re looking to truly understand how Bitcoin works at a technical level and have a basic familiarity with […]

The EU Intends to Monitor Virtual Currencies Rather than to Regulate Them

According to Reuters, the EU intends to continue monitoring virtual currencies rather than regulating them right away. The intent is said to be justified by little knowledge of virtual money’s regulatory risks deemed inherent, like being prone to money-laundering. The other reason is that cryptocurrency market in general is incomparably smaller than that of fiat […]

Ethereum’s Market Cap Reaches $200M for the First Time Ever as Bitcoin’s Volatility is Back

The recent surge in Bitcoin price amidst stock exchange turmoil and capital outflows from China has been brusquely interrupted by the new round of Bitcoin scalability dispute. Providing that neither the current Bitcoin Core team nor Bitcoin NXT can find a middle ground, the bullying of each opinion group finally resulted in a somewhat hysterical […]

Longread: Death of Bitcoin and the Consensus Problem

A few years ago, I went to see a shrink. She taught me a pretty simple technique to get down to the bedrock of my problems. The technique is indeed a piece of cake, and anyone may use it. You just have to keep asking yourself “why so?” One time is not enough. Those experienced […]

Bitcoin vs Blockchain: Who Wants Bitcoin Dead and Why

Blockchain’s disruptive potential is omitted solely in yellow publications, and the last company to proclaim its intention to integrate the technology in its services will probably become the stone-age Russian Post. International banks unite under major consortiums, startuppers prowl for opportunities to implement blockchain in yet another app, while venture capitalists headhunt for prospective developers. […]

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