RSK Labs has finally mined its genesis block and formally launched its long-awaited Bitcoin-based smart contract platform and sidechain on the mainnet. While still in beta with limited distribution, the new RSK sidechain is expected to offer significant scaling benefits to the Bitcoin network. News.Bitcoin.com caught up with CEO Diego Gutierrez Zaldivar to find out […]
The post RSK Mines Its Genesis Block – Bitcoin Now Has Ethereum-Like Smart Contract Platform appeared first on Bitcoin News.
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Lately, there’s been a lot of discussion about a new concept called ‘Channel Factories.’ The technology ultimately makes the Lightning Network (LN) a ‘third layer’ and a ‘new layer’ rests in between the bitcoin blockchain and LN payment channels. Also read: Peter Thiel, Bitcoin Astronaut, Moves Markets with Crypto Moonshot Channel Factories: Adding Another Layer […]
Transaction fees, a bugbear for many in the bitcoin community, are on their way down. Spiraling fees were a contentious issue that reached fever pitch in the twilight of 2017. But with the dawn of a new year, bitcoin has been blessed with reduced fees, set against a backdrop of increased Segwit adoption. Also read: […]
Scaling cryptocurrencies has been a very problematic endeavor for most of 2017. In fact, it has been a problem ever since Bitcoin was created but only became more apparent in recent years. While most people are waiting for the Lightning Network to arrive, there’s another possible solution on the horizon. Bolt allows people to conduct anonymous micropayments. It is a solution well worth looking into, even though it has no official release date yet. Bolt is a Lightning Network Alternative In the world of finance and technology, one should never put all his or her eggs in one basket. This definitely
The Coinbase development team has been accused of “technical incompetence” after amassing millions of UTXOs through careless housekeeping. Unspent Transaction Outputs, or UTXOs, are the change that’s left after sending a bitcoin payment. Wallet providers are supposed to sweep these crumbs up and bundle them in with future transactions. Coinbase, it transpires, has been hoarding […]
This week a research paper was published by the founder of Lokad, a quantitative supply chain software company, and it details how terabyte blocks (TB) implemented into the bitcoin cash (BCH) blockchain could be “feasible both technically and economically.” Also Read: Thomson Reuters Adds Bitcoin Cash to Eikon Platform Research Paper Describes How Terabyte Blocks […]
In 2013, one bitcoin cost $20. In 2017, it costs $20 to send one bitcoin. With record highs, thriving adoption, and media attention, this should be a celebratory time for bitcoin believers. And yet it’s hard to shake the feeling that something isn’t quite right. How did we reach a point where the world’s bank […]
Ethereum is often promoted as the ultimate solution for decentralized apps, with some even claiming that it will be the substrate for developing all software in the future. This grand vision is in conflict with current reality however where ethereum now can’t even hold onto one of its biggest mainstream adopters, Kik. Also Read: Israeli […]
This is a weekly trading tips series called ’Writing On The Wall’, in which our game theory guide, Eric Wall, tries to decipher market signals. This week, strategies for 2018; 2017 has been an absolutely insane year for crypto. For traders, it’s been packed with an endless myriad of opportunities and little time to properly […]