theory – DIGIT INFO

New FTX CEO Discusses Possibility of Rebooting Defunct Crypto Exchange in First Interview Since Taking Over

DIGIT — Thu, 19 Jan 2023 19:30:28 +0000

Following recent disclosure that FTX debtors and bankruptcy administrators located $5.5 billion in liquid assets, the new FTX CEO John J. Ray III discussed the business in his first interview since taking over the exchange’s restructuring process. Ray detailed during the interview that he is open to the possibility of reviving the now-defunct digital currency […]

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Online Sleuths Believe Satoshi Nakamoto’s Bitcoin Stash Is a Blockchain Treasure Hunt Meant to Be Found

DIGIT — Sun, 07 Feb 2021 00:00:15 +0000

Over the last twelve years, the cryptocurrency community has always been intrigued by Bitcoin’s inventor Satoshi Nakamoto. For over a decade, armchair sleuths and journalists have tried to uncover the creator’s identity and information on the whereabouts of all the bitcoins the enigma mined when the network was still in its infancy. Now a few […]

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Leaked Pentagon War Game Shows Gen Z Using Bitcoin to Battle the Corrupt State

DIGIT — Mon, 08 Jun 2020 19:10:53 +0000

The United States has been creating military simulations, otherwise known as ‘war games,’ for years now. In fact, the Pentagon and various professional analysts created a permanent war gaming facility for simulations. This week a report indicates that Pentagon officials have purportedly created a war game that involves Generation Z (Gen Z) and the rebels […]

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Ross Ulbricht’s 9th Price Analysis Predicts Bitcoin Prices Below $3,000

DIGIT — Mon, 13 Apr 2020 16:10:21 +0000

The founder of the Silk Road marketplace, Ross Ulbricht, has published another analysis that attempts to predict the price of bitcoin. Ulbricht started sharing his price examinations last December and he leveraged the patterns of Elliott Wave theory to bolster his forecast. Also read: Bitcoin Revolution: Wanna Earn $1,000 a Day? Government Warns About This […]

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Minting Basic Income – US Lawmaker Asks Treasury to Issue Two $1 Trillion Coins With No Debt

DIGIT — Sun, 22 Mar 2020 14:01:07 +0000

The U.S. is now facing the onslaught from the coronavirus outbreak. During the last two weeks, bureaucrats have shut down multiple industries while the Federal Reserve has injected trillions into the hands of private banks. Bipartisan members of Congress have been penning a 2020 stimulus plan, as the government may send $1-2K to every American […]

The post Minting Basic Income – US Lawmaker Asks Treasury to Issue Two $1 Trillion Coins With No Debt appeared first on Bitcoin News.

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Confronting Bitcoin Network Issues Using Nakamoto Consensus and a Mining Parliament

DIGIT — Mon, 01 Jul 2019 16:10:55 +0000

On June 28, Bitcoin Cash proponent Javier Gonzalez announced the launch of an interesting protocol called the Bitcoin Mining Parliament (BMP). The theory behind BMP is backed by the concept of Nakamoto Consensus where “miners are the executive power of Bitcoin” and “any needed rules and incentives can be enforced with this consensus mechanism.” Also […]

The post Confronting Bitcoin Network Issues Using Nakamoto Consensus and a Mining Parliament appeared first on Bitcoin News.

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What Is 21e8?

DIGIT — Sat, 23 Jun 2018 13:00:39 +0000

If you’ve spent much time on crypto Twitter within the past couple of days, you may have seen some discussion and even hysteria regarding a recently-mined block. Block #528249’s six leading characters were “21e800”, a phrase that has grabbed the attention of conspiracists and curious individuals throughout the cryptocurrency space. “An Exceptionally Simple Theory of […]

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What Is a Decentralized Autonomous Organization?

DIGIT — Thu, 21 Jun 2018 18:00:35 +0000

A key topic of discussion within the cryptocurrency space is the ultimate implications of cryptocurrency and the underlying blockchain technology. One of the first transformational possibilities shared among the community was the idea of the Decentralized Autonomous Organization (DAO). What Is a DAO? A Decentralized Autonomous Organization represents an environment that handles some function or ... Read more