Armory opposes Hard-Forks, supports SegWit

  Armory is an open-source wallet management app specifically for Bitcoin. It supports SegWit or Segregated Witness to deal with the scalability issue of Bitcoins network. Armory contradicts hard forks that counter the original Blockchain. It can organize the change and apply a migration tool for another wallet that supports the change. Armory Wallet is not conducting consensus assessments because […]

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Five Bitcoin and Blockchain Predictions for the Year of 2017

At the beginning of the year, economic analysts from all around the world, alongside with members of the digital currency community, tend to make predictions in regards to what will happen during the following year. The beginning of 2017 has seen a wide array of interesting predictions, some of which are bound to become true given the continuous evolution of […]

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Bitcoin Will Reach $100k In 2022 And More Countries Will Adopt It As Legal Tender, El Salvador's President Bukele Boldly Asserts

Nayib Bukele believes that Bitcoin will hit $100,000 this year despite markets having closed with their heads hanging in 2021. According to a Sunday tweet, the El Salvador president shared a list of predictions regarding the nascent cryptocurrency, rekindling the expectancy of Bitcoiners. Despite hopes that the cryptocurrency could hit a six-figure price tag running high especially during the first […]

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The Chinese Government will likely attempt to regulate Bitcoin

The status of bitcoin in China is still quite unclear, considering the fact that there is indeed some regulation, yet it is not being applied. During the last couple of weeks, we’ve seen a sharp growth, followed by a short decrease in the value of the digital currency. Economic analysts have attributed this to the falling strength of the Chinese […]

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What is SegWit2x and how could it affect Bitcoin?

A majority of miners have started showing their preference for SegWit2x, a version of Segregated Witness that’s deviating from what Core developers envision to be the solution to bitcoin’s scaling issue. But what is it and what’s leading bitcoin to it? Recent events have led to increased demand for a solution to bitcoin’s scaling issue. With bitcoin blocks getting filled […]

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The Russian Finance Ministry delays bitcoin regulation bill

There’ve been several reports covering the fact that Russia has been trying to develop a bill  meant to regulate digital currencies, yet nothing has been released so far. In fact, the Russian Ministry of Finance has recently sent out a press statement, saying that their introduction for a cryptocurrency regulation bill may be delayed until the next year. Not only […]

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Zero Confirmation Transactions are no longer science-fiction

The very basis of bitcoin transactions – the blockchain – has always relied on miner confirmations to determine whether a bitcoin transfer was indeed valid. For most bitcoin users, confirmations are essential to prevent double-spending, a scam where one bitcoin is spent at two different places at the same time. For the most part, this verification system is highly reliable, […]

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