Nikita Zhavoronkov, the lead developer of Blockchair, a cryptocurrency block explorer, has expressed his concerns about Bitcoin’s dwindling security budget. Zhavoronkov stated that the network needs to experience sustained high fees to offset the security impact of the latest halving. After the issuance of Runes following the halving, fees have returned to normal levels. Blockchair’s […]
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A single miner has managed to overtake a large portion of the Bitcoinsv (Bitcoin Satoshi’s Vision) blockchain capturing more than 80% of the hashrate on October 17. Today, the unknown miner’s hashpower commands around 54% of the Bitcoinsv’s computational power and during the last seven days, the stealth miner captured 64.5%. Unknown Hashpower Captured 64% […]
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Reports show that the Bitcoinsv blockchain suffered from a 51% attack on Tuesday, August 3, 2021, as the founder of Blockchair, Nikita Zhavoronkov explained the network endured a 100 block reorg “wiping out 570k transactions.” Onchain Observers Witness a Deep Bitcoinsv Reorg The Bitcoinsv (BSV) network has been having issues lately following problems the protocol […]
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On November 15, 2020, the Bitcoin Cash blockchain experienced a network upgrade and a bifurcation of the chain as well. While the Bitcoin Cash network continued on smoothly, the ABC pro infrastructure funding plan (IFP) side of the chain had a rocky and extremely slow start. Since the 15th, the nameless ABC chain has seen […]
The post Slow and Empty Blocks With a Mysterious Message – ABC’s New Chain Off to a Rocky Start appeared first on Bitcoin News.
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According to a number of third party infrastructure providers, the Ethereum blockchain suffered an unintended hard fork or chain split on Wednesday. The service providers Infura, Binance, and Blockchair all reported issues with consensus at block height 11,234,873. The cryptocurrency community has been discussing an unintended chain split that took place on the Ethereum blockchain […]
The post Ethereum Suffers from Unintended ‘Chain Split,’ Few Third-Party Services ‘Got Stuck on Minority Chain’ appeared first on Bitcoin News.
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The price of bitcoin has been very stable lately, and the crypto asset has been trading in a less volatile range just above $9k per coin for 76 consecutive days. After the third halving, the price of bitcoin has also been far more stable, in contrast to the price action after the second halving. However, […]
The post Analysts Claim Bitcoin’s 76 Day Stability ‘Bullish’: Hash Ribbons Cross and 2016 Patterns appeared first on Bitcoin News.
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On June 24, the block explorer and blockchain data platform, Blockchair, announced the launch of a new privacy tool called the “Privacy-o-meter.” According to Blockchair, the new service combats blockchain surveillance companies by highlighting privacy issues for crypto transactions. This week the blockchain explorer and crypto analytics firm, Blockchair, revealed a new tool that aims […]
The post Visualize Crypto Transaction Privacy Scores With Blockchair’s ‘Privacy-o-Meter’ appeared first on Bitcoin News.
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The Ethereum network now has more bitcoin held in reserves than the Lightning Network, according to onchain statistics. At the time of publication, Wrapped Bitcoin (WBTC) has close to 4,000 BTC ($34.7M) held in reserves, while the Lightning Network has only 925 BTC ($8.3M). Wrapped Bitcoin Project’s Total Value Locked Climbs to 3.9k Bitcoin Just […]
The post Despite Trust Model Debates, Ethereum Is Bitcoin’s Largest Sidechain by Total Value Locked appeared first on Bitcoin News.
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In today’s roundup of crypto chatter, Jonathan Silverblood responds to Amaury Sechet’s privacy concerns with Cashaccount. Erik Voorhees defends Brian Armstrong from criticism on the latter’s 10 year Bitcoin anniversary tweets. Also, Nikita Zhavoronkov congratulates Bitcoin for creating 1 billion outputs on the BTC blockchain. Also read: The Cashaccount.info Platform Tethers Names to Bitcoin Cash Addresses […]
The post Chatter Report: Sechet Claims Cashaccount a Potential ‘Privacy Disaster’, Voorhees Defends Coinbase appeared first on Bitcoin News.
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The second BCH Devcon hackathon took place in Amsterdam on Oct. 27-28, with more than 100 people competing to build useful cryptocurrency applications. The event culminated with a project called Pandacash winning the grand prize by delivering a “one-click” Bitcoin Cash blockchain software development kit. Also read: Send Bitcoin Cash Over the Web in a Private […]
The post Pandacash Wins Grand Prize at BCH Devcon appeared first on Bitcoin News.
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