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On October 31, 2008, Satoshi Nakamoto had a vision to share with the world — a protocol he called “bitcoin, a new electronic cash system that’s fully peer-to-peer, with no trusted third party.” Since that time a whole lot has changed, and there is a vast cryptocurrency landscape with over 1,500 virtual currencies listed on data […]
The post Remembering Satoshi’s Vision — As it Was Written appeared first on Bitcoin News.
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This week after a few months of controversy, the owners of Bitcoin.org reverted its descriptions about what Bitcoin is on the website’s front page back to “fast peer-to-peer transactions” and “low processing fees” after removing the descriptions this past January. The front page descriptions were changed by the website’s co-owner, a pseudonym called ‘Cobra Bitcoin,’ […]
The post Bitcoin.org Reverts Back to ‘Fast’ and ‘Low Fee’ Descriptions on Front Page appeared first on Bitcoin News.
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The following opinion piece was written by Jonald Fyookball. The bitcoin cash (BCH) community understands key principles: Bitcoin should be a peer to peer Electronic Cash system; most users can use SPV wallets instead of running their own node; “second layer” scaling solutions are often unnecessary and problematic. While important, and it places the BCH […]
The post How Bitcoin Cash Can Avoid the Same Mistakes as Bitcoin Core, Part 1 appeared first on Bitcoin News.
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Wagers really don’t settle matters, but they are a lot of fun and force advocates to have some skin in the game. In the ongoing debate about scaling, network fees, congestion and mempools, the Lightning Network is Bitcoin Core’s answer. Some in the ecosystem have doubted its efficacy. A bet was placed. If a payment […]
The post Place Your Bets! Bitcoin Core Lightning Network Fails to Complete Basic Transaction appeared first on Bitcoin News.
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On March 24, the mining operation Slush Pool announced it had mined a block using the controversial ASIC Boost protocol and did so using a Halong Miner. The news follows the pool revealing it was compatible with ASIC Boost which sparked up a heated debate just recently. Also read: What is Asicboost? — An Interview With […]
The post Slush Pool Mines the First ASIC Boost Block Sparking More Debate appeared first on Bitcoin News.
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Cryptocurrency continues its worming into broader culture, and now it’s the turn of Bitcoin Cash (BCH). This week, rapper Lil Windex dropped a narrative-driven video, Bitcoin Ca$h, surprising his giant fan base with a new tune to potentially get booties shaking and more people woke to decentralized currency. News.Bitcoin.com caught up with the artist hours […]
The post Lil Windex Might Have 99 Problems, BCH Ain’t One appeared first on Bitcoin News.
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Cornell University researchers, using the Falcon Relay Network, have concluded that neither of the two most popular cryptocurrency blockchains, Bitcoin and Ethereum, are as decentralized as once thought. A two-year longitudinal study claims Bitcoin underutilizes its network, Ethereum is better distributed than Bitcoin, and Bitcoin’s rewards for smaller miners is often unpredictable due to block […]
The post Cornell Researchers: Bitcoin Not as Decentralized as Assumed appeared first on Bitcoin News.
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