Building a Better Bitcoin Fee Market
Bitcoin may now have a fee market, but that reality doesn’t mean the network has optimized for this environment, developer Jameson Lopp argues.
Bitcoin may now have a fee market, but that reality doesn’t mean the network has optimized for this environment, developer Jameson Lopp argues.
The mainstream media has been having a field day ever since Craig Wright, the Australian computer scientist proclaimed himself to be the Satoshi Nakamoto. After Craig Wright failed to convincingly prove that he and Satoshi Nakamoto are one and the same, the media has painted him as a fraud, trying to manipulate the community and […]
Bitcoin price is trading lower today after forming another rounded wave top. Analysis considers mining production costs and the historical relationship of market price to this fundamental metric. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the […]
Interested in trading ether? Here are some basics about the Ethereum market you should know before buying in.
Longtime Bitcoin core developer Jeff Garzik acknowledges Bitcoins’ branding problem. “The bitcoin name, in terms of marketing, is something that larger institutions are somewhat reluctant to deal with, related to the history with Mt Gox and Silk Road, most notably.” Garzik bemoans how this reputation follows the word Bitcoin. Luckily, it doesn’t follow the technology. […]
A federal court has sentenced Arthur Budovsky, 42, to 20 years in prison for laundering hundreds of millions of dollars through a virtual currency called Liberty Reserve that was used by cyber criminals for laundering, according to the U.S. Justice Department. U.S. District Judge Denise L. Cote also ordered Budovsky to pay a $500,000 fine. Budovsky […]
Is the blockchain community too focused on futurism? In this opinion piece one developer argues the answer is yes.
Akasha, a next-generation social media network powered by Ethereum and the InterPlanetary File System, was unveiled on May 3 ‒ World Press Freedom Day. The signups for the alpha release are open. The project is the brainchild of Mihai Alisie, cofounder ofBitcoin Magazine. The Akasha, a Sanskrit word, is the unseen medium that pervades the […]
In the next 10 years, 30 percent of banking jobs could be obsolete, according to a recent Citi GPS report. This statistic from Citigroup’s report makes an assessment of the potential impact of fintech on the global banking industry. It echoes the concerns of former Barclays PLC Chief Executive, Antony Jenkins, who referred to the position of […]
Craig Steven Wright, who over the past days claimed to be the inventor of Bitcoin, has been unable to publicly prove control over any of the keys that (only) Satoshi Nakamoto should possess. While his initial blog post deceptively included a Satoshi Nakamoto signature that was always publicly available, today he announced he will not move any of […]