Tag: Bitcoin’s

Bankers Start to Recognize Bitcoin’s Role in Financial Evolution

Bankers Start to Recognize Bitcoin’s Role in Financial Evolution Digitization, disruption, blockchain, and frictionless payments. It’s amazing how prominent figures from the financial elite can provide a pretty detailed description of decentralized money without uttering “bitcoin” or “crypto.” But the fact of the matter is that clever businessmen in any […]

Hidden Lightning Network Bug Allowed Spending of ‘Fake’ Bitcoins

Hidden Lightning Network Bug Allowed Spending of ‘Fake’ Bitcoins A bug discovered in the Lightning Network in June, which allowed lightning bitcoins not backed by actual bitcoins to be spent, has officially been addressed in a new dev full disclosure report released on Friday. The problem has reportedly been remedied, […]

Despite Lower Prices, Bitcoin’s Hashrate Remains Strong

Despite Lower Prices, Bitcoin’s Hashrate Remains Strong People watching cryptocurrency markets have been patiently waiting for prices to rise and the overall sentiment to change. However, one thing that’s been extremely bullish these days is how BTC’s hashrate has doubled in the last three months. Even with today’s sluggish crypto […]

How Merge Mining and Anchored Blockchain Projects Capitalize on Bitcoin’s Security Model

How Merge Mining and Anchored Blockchain Projects Capitalize on Bitcoin’s Security Model Since 2011, just after Satoshi Nakamoto left the Bitcoin project for good, networks have emerged that leverage the BTC chain in some way. A variety of projects over the last nine years have found value in anchoring some […]

Bitcoin’s Scaling Problems Forced Facebook to Launch Libra

Bitcoin’s Scaling Problems Forced Facebook to Launch Libra If it wasn’t for Bitcoin there would be no Libra. That much is self-evident, since Satoshi’s creation laid the groundwork for every crypto asset that’s followed. The extent to which Bitcoin was responsible for spawning Facebook’s currency has now been made brutally […]

Bitcoin’s Early Days: How Crypto’s Past Is Much Different Than the Present

Bitcoin’s Early Days: How Crypto’s Past Is Much Different Than the Present Over the last 24 hours, cryptocurrency enthusiasts have been discussing a transaction that saw 94,000 BTC sent to an unknown wallet. The hoopla over the large transaction shows how things have changed significantly over the last decade. Back […]

‘We’re Going to Find You’ – How Undercover Agents Trade Prison Time for Bitcoins

‘We’re Going to Find You’ – How Undercover Agents Trade Prison Time for Bitcoins An Australian national living in Boulder, Colorado was slammed with a one year and a day prison sentence last month for trading bitcoins. An August 23 statement from the Colorado U.S. District Attorney’s Office states that […]

High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate

High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate On August 19, the combined SHA-256 hashrate between the BCH and BTC networks touched a massive high of over 91 exahash per second (EH/s). One notable contribution to today’s network hashrates is the manufacturing of next-generation mining rigs that produce a significant number […]