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Drivechain developer Paul Sztorc has the cryptocurrency community riled up over his latest blog “Security Budget in the Long Run.” The essay discusses the economics of BTC network fees over a long period of time and suggests rather than giving up the fees to competition, a dominant protocol should collect fees “from all networks.” Also […]
The post Drivechain Creator’s Latest Paper Sparks Debate Over Bitcoin’s Future Security appeared first on Bitcoin News.
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At the Israel Bitcoin Summit at Tel Aviv University on Jan. 8, veteran cryptographer Nick Szabo explained that the use of censorship-resistant cryptocurrencies will rise in countries sanctioned from trade and economies suffering from failed monetary planning. Szabo also argued that the world’s central banks might turn to cryptocurrency reserves in the future in order […]
The post Nick Szabo: Central Banks May Turn to Cryptocurrency Reserves Over Gold appeared first on Bitcoin News.
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Cryptocurrency pioneer Nick Szabo has argued that in a context of rising geopolitical uncertainty, central banks could soon turn to cryptocurrencies to shore up their reserves
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For close to ten years many people have been on the hunt for the elusive Satoshi Nakamoto, creator of the decentralized technology called Bitcoin. This year the race to find the anonymous character, or group of individuals, who designed the peer-to-peer electronic cash system has been hotter than ever with more clues left behind — […]
The post New Information Heightens Satoshi Nakamoto Mystery appeared first on Bitcoin News.
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A Bitcoin-based exchange traded note (ETN) listed on the Nasdaq Stockholm exchange is now being quoted in dollars, targeting U.S. investors, Bloomberg reports
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Over the past few years, the number of people hunting for Satoshi Nakamoto has increased as people all over the world have been in search of the mysterious creator of Bitcoin. The cryptocurrency-community has also seen a few people come out of the woodwork recently, who have claimed to be Satoshi or have been accused […]
The post A Look at Stylometry: Can We Uncover Satoshi Through Literary Quirks? appeared first on Bitcoin News.
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Self-described informative and interactive crypto website, Zy Crypto, a nonprofit based in England, believes it has struck ecosystem gold by discovering Satoshi Nakamoto’s real identity. It’s the second attempt by the outfit, and both times they’ve relied upon stylometry before concluding that Bitcoin Cash developer Gavin Andresen is Satoshi hiding in plain sight. This go-round […]
The post Satoshi Nakamoto Revealed: Stylometry & Bootstrapping Proof, Claims UK Nonprofit appeared first on Bitcoin News.
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The half billion dollar Coincheck exchange hack is still working its way through the ecosystem, carrying implications of all sorts. Rarely mentioned is how, at least in part, the exchange’s problems were due to a lack of crypto engineers in Japan. A dearth of engineering know-how is a perfect recipe for security gaps to be […]
The post Help Wanted! Japan Needs Crypto Engineers appeared first on Bitcoin News.
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Think of cryptocurrency developers and names like Satoshi Nakamoto, Gavin Andresen, and Nick Szabo spring to mind. Individuals who place principles ahead of profit and are more aligned with open source principles than filing patents and closely guarding their secrets. The only secret Satoshi guarded was his identity. It may come as a surprise then […]
The post Bank of America Has Filed More Cryptocurrency Patents Than Any Other Company appeared first on Bitcoin News.
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