The 2018 Bitcoin Mining Ecosystem Saw Record Hashrates and New Devices

2018 was a crazy year in regard to the price of cryptocurrencies losing more than 80 percent of their values since they touched all-time highs. Interestingly enough, even though the prices of major digital assets plummeted, the hashrate for SHA-256 coins skyrocketed during the months of August through October. Although the hashrate has declined significantly since the price was severely […]

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What Grin and Mimblewimble Mean for the Future of Bitcoin Privacy

In a little over a month, one of the most eagerly anticipated cryptocurrency projects in recent times will launch. There will be no ICO or premine, and, like the transactions themselves, the project team are highly private. Grin, the first network to utilize Mimblewimble cryptography, has wide-ranging implications for privacy that could ultimately shape the future of the Bitcoin network. […]

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Portal Network Developers Announce Bitcoin Cash Name Service

A development team called the Portal Network has announced the creation of a new platform called the Bitcoin Cash Name Service (BCNS). Essentially BCNS turns a long alphanumeric bitcoin cash address into a human-readable name like ‘yourname.bch.’ Also read: Colombia Crypto Exchange Asks New President for Banking Help   Can Human Readable Names Replace Traditional Bitcoin Cash Addresses? This week […]

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Developer Paul Sztorc Launches the First Version of Drivechain

On September 24, the director of research at Tierion and the bitcoin developer Paul Sztorc announced the launch of the first Drivechain release. The Drivechain protocol is an alternative to the sidechain concept because it enables multiple blockchain compatibility but the system utilizes the same 21 million bitcoins. Also read: Speculators and Investors Hodl, Venezuelans Send Crypto With SMS Testdrive: […]

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Circle Enters the Stablecoin Races With USDC

Stablecoin mania is showing no signs of abating. Within a week of Gemini launching its US dollar-pegged coin, Circle has followed suit. Named “USD Coin” (USDC), the ERC20 token has made its debut on Poloniex, the US exchange Circle purchased earlier this year. Circle’s Stablecoin Is Good to Go In hyperbolic terms, US financial giant Circle announced the launch of […]

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Critical Bug Found in Bitcoin Core Invokes the Multiple Client Argument

Over the last 24 hours, the cryptocurrency community has been discussing a critical vulnerability that was found in the Bitcoin Core (BTC) reference client. A bug introduced in Bitcoin Core version 0.14, that also affects all subsequent versions, could have caused a great majority of current Core nodes to crash. According to the developer’s Optech newsletter, Core contributors released a […]

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New Study Highlights the Many Positives of Bitcoin Mining

It’s become fashionable in public circles to bash Bitcoin on account of its energy consumption. Virtually every week, mainstream media (MSM) attacks bitcoin mining, painting alarmist pictures of a planet burning due to the ‘wasteful’ design of Proof of Work. The reality is less cut-and-dried. Bitcoin’s defenders have been hitting back lately, with one new study highlighting the many positives […]

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