Federated Sidechains: $8M in BTC Stuck in Limbo, Analyst Says Action ‘Violates Liquid’s Security Model’

Federated Sidechains: $8M in BTC Stuck in Limbo, Analyst Says Action 'Violates Liquid's Security Model'Liquid, the sidechain network developed by the company Blockstream, saw 870 bitcoins ($8 million) frozen in moderation queue due to a seizure from a number of the network’s functionaries. The founder of the Summa project, James Prestwich, explained on Twitter that the emergency 2-of-3 controlled 870 bitcoin “violates Liquid’s security model.” During the last year, […]

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A Snapshot of Cryptocurrency Forks Shows the Biggest Winners and Losers

A Snapshot of Cryptocurrency Forks Shows the Biggest Winners and LosersForking cryptocurrencies, usually Bitcoin or one of its offshoots, was all the rage 12 months ago. Today, the spate of new forks has dwindled to a trickle. With the benefit of hindsight, and armed with over a year’s worth of data, it’s possible to determine which forks succeeded and why. Also read: Six New and Improved […]

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Ethereum Founder Responds to Charges of “Insane”, “Plutocratic” Governance

Ethereum Founder Responds to Charges of "Insane," "Plutocratic" GovernanceVitalik Buterin, Ethereum’s cofounder, is increasingly finding himself target of very public rumors about his role in the project’s supposed love of secrecy. Charges of lacking transparency are equivalent to mortal sins in the cryptocurrency space. Ethereum too is particularly sensitive about accusations along these lines, especially in the ongoing light of a possible US […]

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The Most Controversial Bitcoin Forks Yet Are Coming

The Most Controversial Bitcoin Forks Yet Are ComingBitcoin forks are invariably contentious, but the latest batch could be the most controversial yet. Bitcoin Prime and Anonymous Bitcoin have been labeled as shameless cash grabs that are little more than pump and dumps orchestrated by opportunistic developers. The projects’ architects of these schemes, naturally, have hit back. Also read: Forget Emojis – Bitcoin Sentiment […]

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Bitcoin in Brief Saturday: Fork-o-Mania and Flying Cars

As author William Gibson memorably observed, “The future is already here — it’s just not very evenly distributed”. Today’s clutch of stories attest to that. Blockchain air taxis, dual forks, and digitally scarce pillow cases may not be the future we dreamed of, but it’s the one we’ve gotten. Welcome to the weekend edition of […]

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Forking Today: Bittrex’ Stance on Bitcoin Private Angers Zclassic Bagholders

Bittrex’ Silence Over Bitcoin Private Angers Zclassic BagholdersIn less than six hours, zclassic will fork to create bitcoin private, a new privacy-oriented coin that uses zk-snarks to obfuscate transactions. Holders of bitcoin and zclassic will both be eligible to receive bitcoin private (BTCP) on a 1:1 basis. There’s just one problem: 93% of all zlcassic (ZCL) is on Bittrex exchange, which until […]

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Bitcoin Private Fork Aiming to Make Bitcoin Anonymous

Bitcoin Private Fork Aiming to Make Bitcoin AnonymousBitcoin’s latest fork is just weeks away and this one’s a little different from the rest. Rather than simply tinkering with Segwit or adjusting block sizes, Bitcoin private (BTCP) is adding zk-Snarks. The privacy enhancing feature is best known for its use in the Z family of coins including zcash, zclassic, and zencash. That’s not […]

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Trading Tip `The Wall´ – Absurd Profits from Zclassic a.k.a. Bitcoin Private

Trading Tip `The Wall´ – Absurd Profits from Zclassic a.k.a. Bitcoin PrivateIn just 3 months, the price of Zclassic (ZCL) has increased by +5,768%. In this post, I’ll give some background to what Zclassic is and try to explain what is going on with it. Also read: The Art of Buying the Dip A Quick History Lesson on Zclassic Zcash (ZEC) is a privacy-centric cryptocurrency that launched […]

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