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Category: Chain Split
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An In Depth Look at Bitcoin’s First Chain Split: Satoshi Helps Reverse the Creation of 184 Billion BTC
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Hash Watch: The Highly Anticipated Bitcoin Cash Fork Is Now Complete
The Bitcoin Cash community has been patiently waiting for weeks for the November 15, 2020 upgrade and the day is finally here. Every six months the Bitcoin Cash network upgrades, but this time around, a conflict sparked over Bitcoin ABC’s Infrastructure Funding Plan (IFP). During the course of the day, the following editorial will be […]
The post Hash Watch: The Highly Anticipated Bitcoin Cash Fork Is Now Complete appeared first on Bitcoin News.
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$5.6 Million Double Spent: ETC Team Finally Acknowledges the 51% Attack on Network
The Ethereum Classic (ETC) blockchain network lost $5.6 million to one miner following a 51% attack initially thought to be a chain split. During the attack, the offending miner managed to double-spend 807,260 ETC ($5.6 million) after spending 17.5 BTC or $200,000 (at time of writing) to acquire the hash power for the attack. The […]
The post $5.6 Million Double Spent: ETC Team Finally Acknowledges the 51% Attack on Network appeared first on Bitcoin News.
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Single Miner Reorgs Ethereum Classic – Devs Report a Chain Split
Members of the Ethereum Classic team reported that the network suffered a reorganization today. The blockchain network is asking service providers to halt deposits while it carries out maintenance of the chain. The latest event follows a similar attack in January 2019, which led to some exchanges taking pre-emptive action. Both Ethereum Classic (ETC) and […]
The post Single Miner Reorgs Ethereum Classic – Devs Report a Chain Split appeared first on Bitcoin News.
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BCH Script Meeting Aims to Enhance the Programming Language in Bitcoin Cash
Bitcoin Cash developers actively participate in video meetings in order to discuss the ongoing development of the BCH ecosystem. BCH software engineers met for the first time in 2020 last Thursday to examine the May upgrade and specification work. Following the meeting, on January 23, BCH developers will sit down again to address practicable optimizations […]
The post BCH Script Meeting Aims to Enhance the Programming Language in Bitcoin Cash appeared first on Bitcoin News.
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The Daily: Sapphire Develops GPU for Grin, TSMC Sees Drop in Mining Revenue
In The Daily this Saturday, Sapphire has designed a new graphics card suitable for mining the recently launched Mimblewimble cryptocurrency Grin. In other news related to the minting of digital coins, Taiwan Semiconductor Manufacturing Company has reported a significant decrease in its revenues from the mining segment, and some Ethereum miners have switched to Constantinople […]
The post The Daily: Sapphire Develops GPU for Grin, TSMC Sees Drop in Mining Revenue appeared first on Bitcoin News.
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Less Than Two Months Away – Bitcoin Cash Upgrade Discussion Heats Up
Over the past few weeks, Bitcoin Cash supporters have been debating the upcoming hard fork scheduled for November 15th of this year. Most of the community understands, that as of right now, there are two camps that have entirely different visions. It doesn’t seem like a compromise is coming any time soon. Lately, as each […]
The post Less Than Two Months Away – Bitcoin Cash Upgrade Discussion Heats Up appeared first on Bitcoin News.
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Most Forked Coins Are Proving More Hassle Than They’re Worth
The last month has seen a spate of high profile forks, as zclassic (ZCL), eth classic, and litecoin have all split to create new coins. Each of these has a shared history with its parent chain. In the run-up to the fork, many investors bought in hoping to claim their free dividend, or simply to […]
The post Most Forked Coins Are Proving More Hassle Than They’re Worth appeared first on Bitcoin News.
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Major Exchanges Don’t Want Forked Coins but Smaller Platforms Can’t Get Enough of Them
With less bitcoin holders bothering to claim forked coins, the public’s appetite for chain splits is clearly diminishing. Developers, though, seem determined to keep pushing out fresh forks to a diminishing band of recipients. One of the toughest challenges that forkers face is finding wallets and exchanges willing to distribute the newly birthed coins. Large […]
The post Major Exchanges Don’t Want Forked Coins but Smaller Platforms Can’t Get Enough of Them appeared first on Bitcoin News.
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