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Over the past four days, there has been a surge in Ordinal inscriptions, and as a result, the BRC20 token economy has experienced significant growth with over 10,000 additional coins. The current value of the BRC20 token economy now stands at $497.75 million, comprising a total of 24,677 distinct tokens. Bitcoin Users Issued More Than […]Powered by WPeMatico
Prior to The Merge, Ethereum used to have dozens upon dozens of mining pools dedicating hashrate toward the blockchain network. That has all changed and most of the miners transitioned or plan on transitioning to other Ethash compatible coins like ethereum classic, ERGO, and the new fork ETHW. Now Ethereum blocks are verified by validators […]Powered by WPeMatico
Bitcoin fees have grown much larger in recent days spiking to a two-month high to $3.80 per network transaction. The crypto asset’s fees have jumped 590% since June 14 and the mempool (transaction backlog) has grown significantly. Digital currency markets have been extremely bullish lately as bitcoin (BTC) touched a high of $10,974 on Bitfinex […]
The post Bitcoin Fees Skyrocket 590% Since Mid-June – Supporters Think Mempool Size Is ‘Bullish’ appeared first on Bitcoin News.
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Cryptocurrency advocates have recently discovered that Bitcoin Core (BTC) developers are planning to disable the payment protocol BIP70 supported by default in the Bitcoin Core version 0.19.0 client. According to developer discussions, full BIP70 support might be removed by version 0.20.0. Also read: How Merge Mining and Anchored Blockchain Projects Capitalize on Bitcoin’s Security Model […]
The post Devs Remove BIP70 Payment Protocol From Bitcoin Core’s Default Settings appeared first on Bitcoin News.
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There’s been furious debate over the last few years on whether or not Satoshi created Bitcoin to be a peer-to-peer cash system or a purpose-built store of value. Lately, a few BTC proponents claim that Satoshi deliberately built Bitcoin to be a store of value (SoV). Despite the SoV narrative, the cofounder of OB1, Samuel […]
The post Report Insists ‘Bitcoin Was Not Purpose-Built to First Be a Store of Value’ appeared first on Bitcoin News.
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This weekend a new organization was announced at Baltic Honey Badger bitcoin conference called the ‘B Foundation.’ At the event, Satoshi Labs co-founder Alena Vranova divulged the information of a new foundation that will have a mix of “charitable and commercial” efforts. Also read: The Bitcoin Files Protocol Provides a BCH Secured File Storage System The […]
The post Here We Go Again — Crypto-Community to Deal With Another Foundation appeared first on Bitcoin News.
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This is an Op-ed article written by Arseny Reutov. The opinions expressed in this article are the author’s own. Bitcoin.com does not endorse nor support views, opinions or conclusions drawn in this post. In late October, Bitcoin Gold forked from Bitcoin as a new cryptocurrency, and immediately became the victim of a Distributed Denial of […]
The post Bitcoin Gold: A Case Study on the Cryptocurrency Security Problem appeared first on Bitcoin News.
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