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On-Chain BCH Used in a Submarine Swap for Off-Chain BTC

This week an individual revealed he had completed the first trustless swap by trading on-chain bitcoin cash (BCH) for off-chain bitcoin core (BTC) using Alex Bosworth’s submarine swap protocol. Also read: Illegal Activity No Longer Dominant Use of Bitcoin: DEA Agent On-Chain Bitcoin Cash Submarine Swapped for Off-Chain BTC The decentralized cryptocurrency bitcoin cash (BCH) was […] The post On-Chain BCH Used in a Submarine Swap for Off-Chain BTC appeared first on Bitcoin News. дальше »

2018-8-10 21:25


Why Major Crypto Exchange OKEx Controversially Used User Funds to Liquidate Bitcoin Contract

OKEx, the second biggest crypto exchange by daily trading volume, officially announced the decision to engage in a forced liquidation to settle a massive long contract. On July 31, 2018, a user with the ID 2051247, the largest individual holder of Bitcoin and Ethereum on the platform, entered a long position worth $460 million. дальше »

2018-8-4 00:00


Notes on Blockchain Governance

In which I argue that “tightly coupled” on-chain voting is overrated, the status quo of “informal governance” as practiced by Bitcoin, Bitcoin Cash, Ethereum, Zcash and similar systems is much less bad than commonly thought, that people who think that the purpose of blockchains is to completely expunge soft mushy human intuitions and feelings in favor of completely algorithmic governance (emphasis on “completely”) are absolutely crazy, and loosely coupled voting as done by Carbonvotes and similar systems is underrated, as well as describe what framework should be used when thinking about blockchain governance in the first place. дальше »

2018-7-21 23:03


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New York Approves New Electricity Rates for Crypto Miners

New York is seeking to foster growth in its cryptocurrency mining sector, with the New York State Public Service Commission (PSC) approving new electricity rates for Massena Electric Department. The new provisions will facilitate “high-density load customers, as such cryptocurrency companies” accessing “individual services agreement tariff[s],” including “protect[ion] […] from increased supply costs. дальше »

2018-7-14 03:30


Bitcoin Bull Bets $6.3 Million that BTC will Exceed Berkshire Hathaway Share Price by 2023

A mystery investor has decided to bet $6.3 million that the price of Bitcoin will exceed $280,000 by the year 2023. If successful, the individual stands to win a whopping $1.2 billion. Throwing Down the Bitcoin Gauntlet to Berkshire Hathaway According to a tweet by Tom Waterhouse, the CEO of William Hill Australia, a “well-known […] дальше »

2018-7-13 13:45


Bitcoin Bull Bets $6.3 Million that BTC will Exceed Berkshire Hathaway Share Price by 2023

A mystery investor has decided to bet $6. 3 million that the price of Bitcoin will exceed $280,000 by the year 2023. If successful, the individual stands to win a whopping $1. 2 billion. Throwing Down the Bitcoin Gauntlet to Berkshire Hathaway According to a tweet by Tom Waterhouse, the CEO of William Hill Australia, a “well-known… The post Bitcoin Bull Bets $6. дальше »

2018-7-13 00:33


EOS Founder Wants to Scrap the Platform's Constitution, Start Anew

Daniel Larmier, the founder and technical architect of EOS, has confirmed that he wants to scrap the platform’s current constitution and build a new one. Speaking on the EOSIO Gov Telegram Channel, Larimer claimed he has doubts about the company’s current on-chain governance model and called the existing constitution “unwise. дальше »

2018-6-28 01:44


Bitcoin Cash [BCH] under attack: An individual vs investors!

An unknown engineer is debilitating to strike the Bitcoin Cash [BCH] coordinated with a progression of spam attacks that the attacker accepts to be sufficient enough to shake the system. The engineer had addressed individuals about his endeavor in the not-so-distant past, however, on June 22nd, the anonymous attacker said that the surge has begun and […] дальше »

2018-6-27 14:26