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Graphene Block Propagation Technology Claims to be 10X More Efficient

November 6, 2017 Jamie Redman 0

Graphene Block Propagation Technology Claims to be 10X More EfficientThis week at the Scaling Bitcoin Conference 2017, at Stanford University in California, bitcoin proponents heard about a new block propagation technology that claims to be 10X more efficient than compact blocks. The protocol called “Graphene” is a new method of reducing bandwidth to propagate blocks to full nodes by utilizing bloom filters and invertible-bloom-lookup-tables […]

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This Developer is Bringing Atomic Swaps to the Bitcoin Cash Network

November 6, 2017 Jamie Redman 0

This Developer is Bringing Atomic Swaps to the Bitcoin Cash NetworkAtomic swaps between blockchains have become a hot topic that has sparked a lot of interest due to the decentralized nature of the exchange process. This week a developer that goes by the name of “Deswurstes” or “MCCCS” has accomplished a successful bitcoin cash atomic swap test. Also Read: Uruguay to Launch Digital Currency, “Not Bitcoin” […]

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Grayscale Investments Plans to Sell GBTC-Based Bitcoin Cash Reserves

November 5, 2017 Jamie Redman 0

Grayscale Investments Plans to Sell GBTC-Based Bitcoin Cash ReservesJust recently the sponsor of the Bitcoin Investment Trust (OTCQX: GBTC), Grayscale Investments, has announced its plans for the bitcoin cash (BCH) reserves the trust is currently holding. According to Grayscale, the BCH will be sold over time, and a remittance date for shareholder proceeds will be announced upon completion of the sales. Also read: New […]

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Software Wars: Segwit2x Uncertainty and the Casting of Miner Votes

November 3, 2017 Jamie Redman 0

Software Wars: Segwit2x Uncertainty and the Casting of Miner VotesJust recently news.Bitcoin.com reported on the Segwit2x lead developer Jeff Garzik detailing that the upcoming fork was “still full steam ahead.” Lately, bitcoin proponents from both sides of the scaling debate have been bickering quite a bit, and now many businesses and individuals are either declaring their Segwit2x support or distancing themselves from the project. […]

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Turkish Central Bank President: “Cryptocurrencies May Contribute to Financial Stability”

November 3, 2017 Jamie Redman 0

Turkish Central Bank President: "Cryptocurrencies May Contribute to Financial Stability"Bitcoin is trending in Turkey, and the country’s central bank officials are starting to notice. This week President Murat Cetinkaya of the Central Bank of Turkey (CBRT) said the financial institution is monitoring bitcoin closely, and spoke optimistically about digital currencies. Also Read: Luxury Dubai High Rise Apartments Will Be Sold for Bitcoin Central Bank of […]

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Markets Update: Cryptocurrency Market Cap Now Commands $200 Billion

November 3, 2017 Jamie Redman 0

Markets Update: Cryptocurrency Market Cap Commands $200 BillionThe price of bitcoin (BTC) has been soaring once again after reaching an all-time high of $7350 on November 2. Now after a quick drop below $6800, yesterday the price per BTC reached yet another peak at $7500. Additionally, the market value of bitcoin cash (BCH) has also seen an intense run-up over the past […]

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BTCC Founder Bobby Lee: “Segwit2x Feature Is an Upgrade”

November 3, 2017 Jamie Redman 0

BTCC Founder Bobby Lee: "Segwit2x Feature Is an Upgrade"This week Bobby Lee, the chief executive officer of the Chinese cryptocurrency exchange BTCC, held an Ask-Me-Anything (AMA) with bitcoin traders on the Reddit forum /r/bitcoinmarkets. During the AMA the conversation participants focused in on the Segwit2x hard fork set to activate on or around November 16. Also read: SPV Wallet Bread Lets Users Decide During […]

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Bitcoin’s Path to the Moon Draws Closer Breaking $7K New All Time High

November 2, 2017 Jamie Redman 0

Bitcoin's Path to the Moon Draws Closer at $7KBitcoin has reached yet another price milestone as the digital asset has surpassed $7K per BTC on November 2. The decentralized currency has exceeded many expectations this year and continues to rise into 2018.   Also read: Considering Bitcoin An Asset Could Set Back Adoption in Israel The Price of Bitcoin Touches $7,000 Bitcoin markets have […]

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Markets Update: First of the Month Sees Bitcoin Skyrocket to $6900+

November 2, 2017 Jamie Redman 0

Markets Update: First of the Month Sees Bitcoin Skyrocket to $6900The price of bitcoin continues to drive higher as the decentralized currency’s value has reached a high once again this week, touching $6,915 per BTC on November 1. Also Read: Meet the K-7 Offline Paper Wallet Generator Bitcoin Markets Rally Hard on November 1 According to the spot value across some of the world’s popular exchanges, […]

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Bitcoin Cash Markets Surge As the Pending Hard Fork Approaches

November 1, 2017 Jamie Redman 0

Bitcoin Cash Markets Surge As the Pending Hard Fork ApproachesThe price of bitcoin cash (BCH) has been on a tear lately as network participants are steadily preparing for the upcoming hard fork. At the time of writing, the digital asset’s value is averaging $495 USD and currently commands the second highest cryptocurrency trade volume in the world. Also read: Swiss Vocational School Lucerne University Accepts Bitcoin […]

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