カテゴリー: transactions

Drivechain Creator’s Latest Paper Sparks Debate Over Bitcoin’s Future Security

Drivechain Creator's Latest Paper Causes Debate About Bitcoin's Future SecurityDrivechain developer Paul Sztorc has the cryptocurrency community riled up over his latest blog “Security Budget in the Long Run.” The essay discusses the economics of BTC network fees over a long period of time and suggests rather than giving up the fees to competition, a dominant protocol should collect fees “from all networks.” Also […]

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Drivechain Creator’s Latest Paper Sparks Debate Over Bitcoin’s Future Security

Drivechain Creator's Latest Paper Causes Debate About Bitcoin's Future SecurityDrivechain developer Paul Sztorc has the cryptocurrency community riled up over his latest blog “Security Budget in the Long Run.” The essay discusses the economics of BTC network fees over a long period of time and suggests rather than giving up the fees to competition, a dominant protocol should collect fees “from all networks.” Also […]

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More Than 30% of BTC Traffic Stems from the Veriblock Project

More Than 30% of BTC Traffic Stems from the Veriblock ProjectOver the last few weeks, a blockchain project called Veriblock whose protocol piggybacks off the Bitcoin Core (BTC) network has sparked debate. More than a quarter of BTC’s transaction numbers stem from the Veriblock system and the project has been criticized for using the blockchain in this manner. Also Read: Orca Pool Mining Operation Aims to Defend […]

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The Daily: Grin Developer Fund Grows, Russian Agent’s BTC Transaction Tracked

The Daily: Privacy Coin Grin Gets Donations, Researchers Track GRU’s BTC TransactionIn this edition of The Daily, a leading Grin developer has received donations worth $26,000 to fund his work on the project. Also, research group Bellingcat has tracked a BTC transaction allegedly made by Russian agents meddling in U.S. elections, and stablecoin paxos has reached $10 billion in transactions. Also read: Zebpay Launches in 5 European […]

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BCH Developer Unveils Xthinner Scaling Protocol – Claims to Compress Blocks by 99%

BCH Developer Unveils Xthinner Scaling Protocol - Claims to Compress Blocks by 99%On Sunday, Bitcoin Cash (BCH) developer Jonathan Toomim unveiled a project he’s been working on called Xthinner, a new block propagation protocol that leverages the benefits of lexicographic transaction ordering (LTOR). According to Toomim’s data, Xthinner can compress blocks by 99.6 percent and performs roughly 4x to 6x more efficiently than block propagation concepts like […]

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Block Propagation Startup Bloxroute Partners With Mining Operation Rawpool

Block Propagation Startup Bloxroute Partners With Mining Operation RawpoolOn Thursday, Bloxroute Labs announced a partnership with the China-based mining operation Rawpool Group and global video communication software firm Yeecall. Both Rawpool and Yeecall plan to be the first cryptocurrency businesses to adopt Bloxroute’s product, dubbed the Blockchain Distribution Network version one. Also Read: Nick Szabo: Central Banks May Turn to Cryptocurrency Reserves Over Gold […]

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It’s Time We Began Pricing Things in Satoshis

What can you buy with a virtual pocketful of satoshis? Why, anything and everything. Whatever goods or services you can purchase with BTC or BCH you can purchase with their smaller units of account – the satoshi, or ‘sat’ for short. With 100 million of them to every bitcoin, satoshis are as divisible as they […]

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Bitcoin Cash Transaction Fees Were Less Than a Cent Throughout Most of 2018

Bitcoin Cash Transaction Fees Were Less Than a Cent Throughout Most of 2018One of the great benefits of the Bitcoin Cash (BCH) network is that miner fees have been consistently inexpensive for well over a year. A typical BCH network fee in 2018 has been lower than most blockchain networks and the median average each day has not surpassed a U.S. penny in 10 months. Also read: Four […]

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The Cashaccount.info Platform Tethers Names to Bitcoin Cash Addresses

The Cashaccount.info Platform Tethers Names to Bitcoin Cash AddressesLast October, Bitcoin Cash (BCH) proponent and developer, Jonathan Silverblood, told the BCH community about a new identification system he developed that ties a custom human-readable alias to a bitcoin cash address. Silverblood has launched a beta version of the platform Cashaccount.info so visitors can test out the platform’s functionality and give the developer feedback. […]

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Private Blockchains Have Few Applications, Study Finds

Private Blockchains Have Few Applications, Study FindsDespite all efforts, so far businesses haven’t been able to come up with significant applications for private, centralized blockchains as opposed to public distributed ledgers, a new study shows. According to the authors, in most cases corporate blockchain networks are used mainly for database verification and transactions auditing. Also read: Poll Shows 13% of Russians […]

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