Bitcoin [BTC]: 51% attack is really hard, says core developer

Earlier this week, Ethereum Classic turned out to be the most controversial cryptocurrency in the market. The leading coin was under the community’s scrutiny as its blockchain succumbed to a deep chain reorganization that included double spend. The announcement regarding the 51% attack was first made by Coinbase, a leading cryptocurrency exchange platform in the US, stating that they have stopped […]

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Bitcoin [BTC] addresses blacklisting doesn’t really matter that much, says Litecoin Creator

In the latest episode of Magical Crypto Friends, Charlie Lee, the creator of Litecoin, Samson Mow, the CSO of Blockstream, Riccardo Spagni, the lead developer of Monero and Whale Panda, discussed the recent new regarding the backlist of two Bitcoin addresses by the Office of Foreign Assets Control [OFAC]. Recently, reports emerged that the OFAC blacklisted two Bitcoin addresses as […]

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What is Initiative Q Really All About? Does it Beat Bitcoin? Don't Bet on It

By now, you’ve probably heard of the pseudo-cryptocurrency Initiative Q. Many people with little understanding of either economics or technology have been sharing social media marketing relating to the scheme, which promises to change the future of finance, but appears little more than a successful data mining scam. Initiative Q: Not Decentralised, Not Limited in Supply, Not Crypto Even if […]

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Bitmain’s Jihan Wu: “We Have Really Huge Expansion Plans for U.S”

Bitmain co-founder Wu Jihan has revealed that his company has huge expansion plans for its Bitcoin mining operations in the U.S during an interview with Bloomberg. On April 13, 2018, the mining firm announced that it had been given the green light to set up cryptocurrency mining operations stateside. Fast Moving Targets: Bitmain’s Growing Operation During the interview, Jihan revealed […]

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