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When it comes to measuring the speed of new blockchains, the comparison is always with Visa. Despite not being a blockchain, the 24,000 transactions per second Visa reportedly handles have attained mythical status. That figure is unquestioningly trotted out whenever scaling is discussed. In reality, claims of Visa’s throughput, as well as those of emerging […]
The post No, Visa Doesn’t Handle 24,000 TPS and Neither Does Your Pet Blockchain appeared first on Bitcoin News.
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At the bitcoin cash-focused Tokyo event, Satoshi’s Vision Conference, many movers and shakers and cryptocurrency luminaries got together with Bitcoin.com’s product manager Mike Malley to discuss on-chain scaling and spreading BCH adoption worldwide. During this particular video, Malley chats with Amaury Séchet (Deadalnix) the lead developer of Bitcoin ABC, and the man who revealed the […]
The post ABC Developer Amaury Séchet on the Future of Bitcoin Cash appeared first on Bitcoin News.
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It is evident all of the existing cryptocurrencies can benefit from out-of-the-box scaling solutions. In the case of NEO, one of those projects is known as Trinity. This off-chain scaling solution has the potential to become a “lightning network” for NEO in the future. Trinity in a nutshell It is evident that even a cryptocurrency such as NEO can benefit from proper scaling solutions. This is especially the case if that solution, known as Trinity, brings a lot more decentralization to the network as a whole. Trinity hopes to become the lightning network for NEO, with a strong focus on real-time payments,Powered by WPeMatico
This weekend many bitcoin cash supporters gathered in Tokyo, Japan for the Bitcoin Unlimited event, Satoshi’s Vision Conference. The three-day conference was filled with synergy as the event was the largest bitcoin-centric conference to-date. Also read: Slush Pool Mines the First ASIC Boost Block Sparking More Debate Bitcoin: A Peer-to-Peer Electronic Cash System Over the last […]
The post Satoshi’s Vision 2018 Conference Report: Bolstering the Future of Adoption appeared first on Bitcoin News.
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The introduction of Segwit and the launch of bitcoin cash (BCH) were two attempts at solving the bitcoin’s scaling problem. Both movements took a different approach, with Segwit seeking to reduce transaction size and BCH seeking to increase the block size. A new report compares the transaction volume on each chain, BTC (Segwit) and BCH, […]
The post The Race Between Segwit and Bitcoin Cash Is Heating Up appeared first on Bitcoin News.
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There’s never a bad time to be sending and receiving bitcoin, but right now is especially good. Fees are at the lowest in 18 months, with the average transaction value now under a dollar. This contrasts starkly with the latter quarter of last year, when rising fees peaked at $34. There’s a primary reason why […]
The post Bitcoin Usage Falls to Its Lowest in Months appeared first on Bitcoin News.
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There have been a lot of interesting discussions regarding the scaling of blockchain technology. So far, a lot of progress has been made in this regard, even though it seems there is no perfect solution in place. According to research by Microsoft, on-chain scaling is best seen as a temporary solution, but in the long run, it will not be enough. To tackle real-world use cases, a different approach will need to be taken. The Future of Blockchain Scaling In an ideal world, blockchain technology would disrupt any business model one can think of right now. To do so, however, wePowered by WPeMatico
After the successful ‘Satoshi’s Vision Conference’ held in San Francisco in 2016, and last year’s ‘The Future of Bitcoin’ event in Arnhem, the Bitcoin Unlimited team is hosting another conference this year in Tokyo, Japan. Satoshi’s Vision Conference Tokyo will be held on March 23-25 and aims to bring cryptocurrency luminaries, the brightest developers, business […]
The post The 2018 Satoshi’s Vision Conference Heads to Japan appeared first on Bitcoin News.
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Scaling Bitcoin has been a topic of substantial debate for quite some time now. When Bitcoin Cash came around, it almost seemed as if these problems would be put to rest once and for all. With its on-chain scaling approach, BCH is the most functional version of Bitcoin right now. In fact, it seems we will see another major on-chain scaling upgrade for BCH in the very near future. If things go according to plan, 32-megabyte blocks will become the new normal very soon. Bitcoin Cash Continues to Evolve Even though the Bitcoin Cash network can comfortably support 8MB blocksPowered by WPeMatico
Scaling problems that have been sporadically affecting the Ethereum network have resurfaced. While bulls and bears were battling it out in the markets, the Ethereum blockchain was fighting to restore some semblance of normal service. The congestion forced a number of exchanges to halt withdrawals, with one going so far as to advise customers to […]
The post Ethereum Network Congestion Forces Exchanges to Halt Withdrawals appeared first on Bitcoin News.
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