October 23, 2018 12:21 AM
Blockchains are best-effort and why you should care
Blockchains in cryptocurrencies allow users to exchange funds securely. However, their performance is limited by their need to achieve consensus for all payments. To overcome this, blockchain payment networks, such as the Lightning Network and Raiden, have proposed forming a second layer on top of the blockchain to allow payments to be executed off-chain, without writing to the blockchain for every transaction, thus enabling much higher transaction throughput with lower latency.
October 22, 2018 8:45 PM
Adam Back: Bitmain does not follow BIP standards and giving miners hard time!
Slush Pool: "Dear Miners, we strongly recommend you DON'T UPGRADE your S9 devices with the new Bitmain firmware. It is not compatible with BIP310 standard and as a result also not compatible with @slush_pool. We are working hard on providing our own fix asap and will keep you posted."
October 22, 2018 7:41 PM
Iceland's farmers have a cunning plan to solve crypto's energy crisis
As the world wakes to the environmental cost of cryptocurrency mining, an Icelandic hobbyist has stumbled upon a green alternative. Krista Hannesdóttir’s cryptocurrency mining operation is, by her own admission, tiny. But the modest setup, pumping out virtual currency in a small former fishing factory near Iceland’s Keflavík Airport, could help solve one of crypto’s biggest dilemmas.
October 22, 2018 2:45 PM
Decentralized Exchange Bisq Sets New Record Bitcoin Trading Volume
In a curious countertrend to the current lackluster Bitcoin $6470.58 0.01% trading environment which stems from low prices, Bisq set a new trade volume record for the week ending October 20, data from Coin Dance shows.
October 22, 2018 2:21 PM
"Bitfinex'ed" blogger retweeted an insider investigation into the Rothschilds manipulating the USDT
Anomalous growth of Bitcoin and decrease in the USDT on Bitfinex: what really hides behind the scenes, what does it have to do with mysterious IMMO and whose trading bots in charge of massive USDT sales? Answers seem to be found now.
October 22, 2018 2:45 AM
Bitcoin Network Congestion Reaches 95%, But Fees Hold Steady
Popular cryptocurrency analyst Willy Woo has observed what many others in the community have overlooked. While this year’s market downturn has shaved off approximately 70% of BTC’s value, the Bitcoin network is quietly gaining scale. It’s a sign of what many blockchain pioneers have been touting during the market downdraft, which is for developers to keep their heads down working without being distracted by the noise that’s surrounding cryptocurrency prices.
October 22, 2018 12:59 AM
USDT is manipulated, but not by Bitfinex, but by competitors
The trade disparity of Bitcoin on Bitfinex compared to other exchanges has become the talk of the crypto community for the past week. Both Bitfinex and Tether Limited, the company behind Tether [USDT], is being blamed for the bitcoin manipulation using Tether tokens. Apparently, the Tether debacle caused a seller storm in the market which saw a massive selloff for USDT coins against Bitcoin. This caused a price rise in Bitcoin on Bitfinex and therefore the exchange was suspected for possible Bitcoin price manipulation.
October 22, 2018 12:58 AM
Why are the fees not rising?
Congestion on the Bitcoin network reached 95% last week, but if you were transacting in BTC, you wouldn’t have experienced an uptick in transaction fees, which remain at approximately $0.1 — even for transactions as large as $194 million. Woo tweeted a comparison of the 2017 congestion of up to 85% versus 2018 peak congestion of 95%, illustrating that despite the higher congestion today fees remain “nominal” and below year-ago levels.
October 21, 2018 7:56 PM
Why Bitcoin and Cryptocurrency Have No Future
Why do Bitcoin and cryptoassets have no future…when the NYSE is creating the cryptocurrency trading platform Bakkt in collaboration with Microsoft and Starbucks with physically backed Bitcoin futures contracts?
October 20, 2018 9:34 PM
Jimmy Song: "If you "leave" Bitcoin because you don't like how you're treated, you really don't understand sound money. The fact that enemies use the same money is a feature, not a bug."
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