2019-9-20 20:08 |
Is Bitcoin Cash incapable of scaling or is it merely a media circus? Developer indications of a 2MB block size limit have set the community abuzz
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Vitalik Buterin, co-founder of Ethereum, has provided a detailed reflection on the Bitcoin block size wars, a significant conflict within the Bitcoin community that spanned from 2015 to 2017. This debate centered on whether to increase Bitcoin’s block size limit from 1 MB to accommodate more transactions, thereby reducing fees and enhancing its utility as […] The post Vitalik Buterin critiques Bitcoin’s block size war, calls for innovation appeared first on CryptoSlate.
2024-5-31 16:40 | |
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The size of the Bitcoin blockchain has increased substantially following the surge in ordinal inscriptions. The post Bitcoin Blockchain Size Predictions Adjusted Upwards After Ordinals Explosion appeared first on BeInCrypto.
2023-5-12 09:00 | |
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Bitcoin Block Size. These three words have been at the center of any discussion involving Bitcoin for the past few years; that is, any discussion not involving a debate on Bitcoin's price. With splThe post Increasing Bitcoin block size will affect those validating with 'constrained bandwidth' appeared first on AMBCrypto.
2020-3-7 22:30 | |
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The fork on Bitcoin’s chain into Bitcoin cash has now given us over 500 days of data to analyze the capacity of BCH in terms of the block size. LongHash has recently reported that BCH has never even mined a block of that size to date.
2019-1-18 23:18 | |
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In 2017, a veritable civil war was fought between camps of Bitcoin believers: those who sought to keep its “block size” at 1MB, and those who wanted to increase it. Those looking for bigger blocks found themselves rallying behind a then-new cryptocurrency – a “hard fork” of Bitcoin called Bitcoin Cash (BCH) – whose premise rested on re-creating Bitcoin to mine 8MB blocks.
2019-1-17 20:01 | |
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Bitcoin is an open-source protocol that anybody can interact with. It is getting attention and attracting participation in different ways, whether it is through speculation, investing and sending money, all the way to contributing to what’s underneath the hood.
2019-1-16 01:14 | |
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Network node operators in IOTA previously had to store the full transaction history, swelling the size of their operations. The IOTA Foundation has addressed these problems with the IRI 1. 6. 0 which will introduce local snapshots to the network.
2019-1-15 00:34 | |
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Participants in Mongolia’s Bitcoin mining industry plan to significantly expand the scope of their operations, local media report January 11. Japan’s Ginco Doubles Down On Mongolia The East Asian country, known for its cheap electricity and being home to the world’s northernmost desert, will see one of its miners almost treble in size this year alone, despite the ongoing Bitcoin bear market.
2019-1-12 05:00 | |
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Bitcoin was previously trending higher inside a wedge pattern but has since broken lower to signal that sellers aren’t quite done yet. The wedge spans $3,700 to around $4,200 so the resulting drop could be of at least the same size.
2019-1-11 06:58 | |
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BCH developer conversations have been taking place ahead of the upcoming May 2019 upgrade. In their latest video meeting, devs agreed that they need to know how much BCH is locked up in p2sh segwit addresses.
2019-1-9 21:20 | |
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The cryptocurrency analysts, Bryce Weiner and Andrew Desantis, decided to explain why Segregated Witness (SegWit) – an implementation to make Bitcoin transactions’ size smaller – has a vulnerability.
2019-1-6 22:17 | |
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As part of the new Bitcoin Magazine site, we’ve launched a custom block explorer, using Blockstream’s open-source implementation Esplora. What Is a Block Explorer?Bitcoin runs on a distributed network of computers that participate in securing and maintaining a ledger of transactions called a blockchain.
2019-1-3 06:35 | |
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The ongoing debate about whether or not Bitcoin can scale sufficiently on its path to mass adoption has led many people to question if it will ever reach that point at all.
2019-1-5 06:05 | |
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As tax season is rapidly approaching, some states, like Ohio, have decided to set a new standard for the rest of the country to follow. Back in November, Ohio became the first state in the U.
2019-1-3 20:53 | |
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CoinSpeaker Crypto Year in Review: How Bitcoin Cash (BCH) Performed in 2018 and What Hides in 2019? Bitcoin Cash was created for the purpose of overcoming the limitations faced by Bitcoin Core, such as block size, to provide more space for transactions.
2018-12-28 12:30 | |
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In August 2017, the controversy over Bitcoin’s scalability issues led to its blockchain being split for the first time in history, resulting in its first hard fork — Bitcoin Cash (BCH). Bitcoin Cash was a cryptocurrency with a purpose.
2018-12-24 13:19 | |
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Minisketch is a new solution that’s trying to solve an old problem. Spearheaded by Blockstream co-founder Pieter Wuille, Bitcoin Core contributor and fellow Blockstream co-founder Gregory Maxwell, and Blockstream software engineer Gleb Naumenko, the open-source initiative is designed to achieve set reconciliation between the mempools of each full node.
2018-12-18 18:48 | |
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As chairman and co-founder of the Social Alpha Foundation (SAF), Nydia Zhang has left a solid mark on the blockchain and cryptocurrency space, though, as a young art student at the University of Washington in 2011, blockchain was far from the direction she saw her life taking.
2018-12-6 18:13 | |
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As the market continues to tumble (and mining profits have dwindled), Bitcoin’s mining difficulty dropped by its largest percentile in seven years — the second largest downward correction in the cryptocurrency’s lifetime.
2018-12-4 01:01 | |
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Children in the Rwandan village of Kasebigege are being given a greater chance to pursue a sound education as construction on a new school, developed by bitcoin marketplace Paxful, has been completed.
2018-12-3 22:11 | |
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On Nov. 29, Sirin Labs announced the commercial launch of its new blockchain smartphone known as the Finney. According to the cellphone creators, the Finney offers “secure and state of the art mobile technology” alongside an embedded cold storage cryptocurrency wallet.
2018-12-1 01:45 | |
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Bitcoin SV’s scalability means it will one day be capable of hosting billions of people on a daily basis, claims the project’s lead engineer. Daniel Connolly, a member of the SV development team, told Crypto Briefing that billions of people should be able to use the payments protocol.
2018-12-1 20:30 | |
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Over the last few weeks, the Bitcoin Cash (BCH) community has been discussing how miners and nodes will handle bigger blocks in the future to encourage mass adoption. A company called Bloxroute has been coming up a lot lately, as it aims to resolve the block propagation bottleneck.
2018-11-30 02:50 | |
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Blockchain-based social media platform Steemit Inc. , the company behind popular open source website Steemit. com, has announced a structural reorganization which will entail laying off 70 percent of its workforce as it looks for new ways to cut costs and remain sustainable as a business.
2018-11-29 22:53 | |
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A class-action lawsuit for over $5 million has been filed in northern California against Chinese mining giant Bitmain. The company is being accused of utilizing customers’ newly purchased machines to mine cryptocurrency at full power for its own benefit while customers were configuring their equipment.
2018-11-27 21:38 | |
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MV Index Solutions (MVIS), a subsidiary of investment management firm VanEck, has announced the launch of MVIS Bitcoin U. S. OTC Spot Index (MVBTCO), a bitcoin-based index and the first one that monitors the performance of bitcoin across established over-the-counter (OTC) platforms in the U.
2018-11-22 17:35 | |
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Hong Kong-based cryptocurrency exchange platform Bitfinex announced its updated fee structure for high frequency/size fiat withdrawals, through a blog post published November 11, 2018. Notably, regular withdrawals are unaffected by this change.
2018-11-14 18:00 | |
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Craig Wright has been in the news a lot recently. He’s one of the leaders of the Bitcoin SV (Satoshi Vision) camp which wants to raise the Bitcoin Cash block size up to 128 MB. A letter he wrote to Roger Ver emerged last week in which he threatened to bring down the Bitcoin Cash network […] The post Craig Wright Is The Donald Trump Of Crypto appeared first on Crypto Briefing.
2018-11-14 22:17 | |
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Bitcoin cash has an upcoming hard fork on the 15th November. The fork will result in a chain split with two different Bitcoin Cash blockchains. Bitcoin ABC, supported by Roger Ver and Bitmain, will keep the same block size.
2018-11-13 19:29 | |
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After being subjected to the BCH Professional Stress Test, Bitcoin SV recorded an impressive performance. For instance, mining pools based on the Bitcoin SV generated the majority of the new blocks on the Bitcoin cash network.
2018-11-12 21:31 | |
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Today marks a new milestone for Bitcoin Cash [BCH] supporters, as BCH miners have supposedly processed 32 MB block size. This is big news considering the fact that approximately 1. 3 million transactions have been validated over a time span of 24 hours.
2018-11-11 21:47 | |
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In the latter half of 2018, few developments have occupied crypto investors’ headspaces like the industry’s indefatigable pursuit of a bitcoin exchange traded fund (ETF).
2018-11-9 20:03 | |
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Chinese mining giant Bitmain's 7nm Bitcoin miners go on sale today, November 8, 2018. Announced in September of 2018, the miners allegedly offer considerably faster hash rates (though Bitmain didn’t disclose any specifications) and come in two separate Antminer models: the S15 and T15.
2018-11-9 18:52 | |
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As Bitcoin approaches its 10th anniversary, its community, old and new, has begun taking stock of how a decade has come to alter or define the cryptocurrency — and what Bitcoin has done to alter or define the decade.
2018-11-7 19:56 | |
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CoinSpeaker Asset Tokenization will Lead the Next Round of Blockchain Development Bitcoin and other cryptos have fallen for a while, during this period, global ICOs fell to its smallest size since its boom.
2018-11-7 22:07 | |
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Donations in cryptocurrency have been increasing in frequency. Due to their transparency and accountability, non-profit organizations have started to accept contributions in digital currencies, and this is has helped them to raise more funds from a new subset of donors.
2018-11-5 10:00 | |
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It goes without saying that 2018 hasn’t treated the crypto market all too well. The value of all altcoins, along with Bitcoin, have collectively fallen by over 70%, with retail trading volume falling by a similar figure.
2018-11-2 10:56 | |
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In a bid to lower the barriers to mainstream adoption of blockchain technology, professional services giant Ernst & Young (EY) has launched a solution that it claims will allow companies to transact privately on Ethereum’s blockchain using zero-knowledge proof (ZKP).
2018-11-1 22:33 | |
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The freelance industry has swollen in size in the past few years, thanks to its many advantages, including micromanagement and savings. Freelancers are taking the burden off many organizations regarding costs and gaining access to a global workforce.
2018-10-30 21:29 | |
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Popular cryptocurrency exchange Coinbase has raised a fresh $300 million in a Series E financing round, bringing the company valuation to $8 billion. Coinbase plans to use the funding to "accelerate the adoption of cryptocurrencies," as it plans to remain the "entry-point into crypto" for millions of investors, according to a published blog post.
2018-10-31 20:51 | |
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With Ethereum’s launch in 2015 came a flurry of excitement over the future potential of smart contracts. Utilizing a more flexible scripting language than Bitcoin, the platform’s decentralized applications (DApps) were touted by proponents as unlocking a plethora of formerly untapped use cases for the blockchain.
2018-10-30 21:45 | |
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The CBOE Bitcoin proponents argue that SEC has been shifting goal posts while questioning about the lack of "significant" market size for Bitcoin derivatives. The post SEC Publishes Details on Recent Meeting For the Bitcoin ETF Proposal from VanEck and SolidX appeared first on CoinSpeaker.
2018-10-24 08:56 | |
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After the recent hard fork upgrade of its protocol, Monero has seen its transaction fees shrink by approximately 97 percent, dropping from 60 cents to just 2 cents.
2018-10-23 22:09 | |
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Monero announced to miners and users alike the scheduled hard fork for October 18, 2018, in a blog post made October 11, 2018, listing the details of the “Beryllium Bullet” release. A whole slew of updates is announced with some of the major ones being Bulletproofs enabled for reduced transaction size and an updated PoW algorithm to be less ASIC.
2018-10-18 15:00 | |
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The pursuit for cryptocurrency adoption seems to focus on three major cryptocurrencies, Bitcoin, Bitcoin Cash and Litecoin. Indeed, this isn’t to disregard the likes of XRP and Stellar, both of which also provide a solid use in mainstream society, however in terms of worldwide societal adoption, Bitcoin, Bitcoin Cash and Litecoin tend to be the go-to currencies.
2018-10-10 16:30 | |
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You don’t need to be an agriculture expert to see the writing on the wall. Current farming methods just aren’t working anymore for most farmers of the world. There are 2 billion smallholder farms managing fewer than five acres (PDF).
2018-10-9 20:10 | |
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Institutional investors are getting into the Bitcoin market via OTC trading platforms. Currently, the OTC trading market is said to be over two times the size of regulated exchanges with… The post Institutional Investors Using OTC Markets to Enter the Bitcoin Market appeared first on CoinCentral.
2018-10-9 17:18 | |
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Binance, one of the world’s fastest growing and popular cryptocurrency exchanges made a sudden announcement to their listing fees. According to a Medium post published on October 8, 2018, the exchange will begin to disclose cryptocurrency listing fees and donate all funds to charity.
2018-10-9 05:00 | |
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Developer Mark Friedenbach has unveiled a discovery that could make certain contentious changes to bitcoin a bit easier.
2018-10-6 06:07 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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A new use case for bitcoin is causing a stir because of its ability to include data directly on-chain. An analysis of inscriptions’ impact on block space.
Musk’s points were already addressed in the block size debate previously, and have been shown to detract from decentralization.
A recent proposal issued by Blockstream co-founder Luke DashJr has caused a stir in the Bitcoin Developers community. The well-known expert in cryptocurrencies proposed the temporary reduction of Bitcoin Blocksize to less than half.
There are still some intriguing aspects about the Bitcoin Cash hash war to highlight. As neither network can gain a major edge over the other, a lot of enthusiasts have begun looking beyond the number of blocks and actual hashrate.
Bitcoin Core version 0. 16. 1, a new major version including new features and performance improvements, has been officially released, according to an announcement made June 15. The new release reportedly includes “new features, various bugfixes and performance improvements, as well as updated translations.