カテゴリー: network

Maker Community Votes to Raise Stability Fee as Dai Struggles to Hold $1 Peg

For more than two weeks the dai stablecoin has sat below its $1 peg, and has been trading for roughly $0.97 over the last seven days. This has given concern to the Maker Dao community which has decided to raise the dai stability fee to 11.5% per year. Also read: Exchangewar Lets You Compare Crypto […]

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The Wrapped Bitcoin Project Has Officially Launched on Ethereum

The Wrapped Bitcoin Project Has Officially Launched on EthereumOn Jan. 30, a group of cryptocurrency developers and organizations officially launched a project called Wrapped Bitcoin (WBTC) on the Ethereum network. The ERC20 token is a coin backed by bitcoin core (BTC) reserves and has started trading on several exchange platforms. Also read: A Look at Openbazaar’s Multi-Currency Wallet and Vendor Listings The Introduction of […]

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18 Months Away? Latest Lightning Network Study Calls System a ‘Small Central Clique’

The Lightning Network has been touted as the solution to the Bitcoin Core (BTC) network’s scalability problem for years now. Over the last few months, the Lightning Network has shown growth but there are still significant concerns about centralization, routing issues, and creating a usable mainstream-friendly interface. The ongoing joke that the network is “18 […]

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18 Months Away? Latest Lightning Network Study Calls System a ‘Small Central Clique’

The Lightning Network has been touted as the solution to the Bitcoin Core (BTC) network’s scalability problem for years now. Over the last few months, the Lightning Network has shown growth but there are still significant concerns about centralization, routing issues, and creating a usable mainstream-friendly interface. The ongoing joke that the network is “18 […]

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Tron Can’t Handle Bittorrent’s Transaction Volume, Former Exec Claims

Tron Can’t Handle Bittorrent’s Transaction Volume, Former Exec ClaimsSimon Morris, who was Bittorrent’s chief strategy officer until July 2018, has expressed his doubts about the capability of the Tron blockchain to process the vast number of transactions that the popular file-sharing platform will demand. Morris believes there’s more marketing than technology behind the launch of the new crypto token. Also read: Iran Labels […]

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ETH Mining Not Profitable, Miner Heats Home With ASIC Rigs

In recent mining news, Susquehanna International Group has reported that it is no longer profitable to mine ether with a GPU. In other news, a Canadian miner has taken to Twitter to share photos of a system that recycles the heat generated by his six ASIC miners, while Jihan Wu has accused Craig Wright of […]

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Anypay Provides Bitcoin Cash Invoices That Can Be Paid by Sending a Text Message

Anypay Provides Bitcoin Cash Invoices That Can Be Paid by Sending a TextOn Oct. 29, a Bitcoin Cash proponent used the Cointext wallet to purchase a croissant by text message at La Maison Navarre, a bakery in Portsmouth, New Hampshire. The shop uses the free Anypay point-of-sale application, which connects to the Cointext system to allow people to make purchases by SMS. Also read: Ukraine Plans to Fully […]

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Fincen Claims Iran Is Using Crypto to Evade Sanctions

ranian Bitcoin Transactions Estimated at $3.8M Since 2013The Financial Crimes Enforcement Network has warned U.S financial institutions that the Iranian government might be dodging economic sanctions by using cryptocurrencies. The document highlights challenges arising from peer-to-peer virtual currency exchanges and encourages banks to monitor blockchain ledgers for transactions tied to the country. Also Read: Church Mining Cryptocurrency to Pay Higher Electricity Rates Iranian […]

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Study Argues Chinese Mining Centralization Poses Threat to Bitcoin Network

Study Argues Chinese Mining Centralization Poses Threat to Bitcoin NetworkA joint study conducted by Princeton University and Florida International University has found three-quarters of Bitcoin mining is based in China and warned of the potential risks that could result from the significant geographical centralization of the mining network. Also Read: Worst Cryptocurrencies of 2018 Have Left Some Heavy Bagholders  Researchers Argue China is the “Most […]

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Bitcoin Trading Flourishes on Whatsapp Following African Exchange Closures

Bitcoin Trading Flourishes on Whatsapp Following African Exchange ClosuresGovernments in Africa simply cannot stop an idea whose time has come. In Zimbabwe, financial regulators banned cryptocurrency trading, and shut down two exchanges, thinking to have killed the ecosystem, only for Bitcoin to find a new life on Whatsapp. Kenyan authorities have sounded tough on virtual currency, warning banks and individuals against trading such, […]

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