Wanxiang Blockchain Labs, a Shanghai-based nonprofit research institution which hosted the first Global Blockchain Summit in Shanghai, is to lead an alliance of 11 regional commodity exchanges, equity exchanges and financial asset exchanges with the aim of creating “an open source blockchain protocol that developers can further build upon in the future” according to Bai […]
Distributed ledgers are often referred to as a new database technology, but could they come to replace existing payments rails?
Silver Lake’s Glenn Hutchins took the stage at Consensus 2016 today to deliver a speech on the power of the bitcoin blockchain.
On the first day of the Tech & Policy track of Consensus 2016, there were talks on law enforcement & blockchain and decentralizing existing markets.
Citing fears of a hack that may have resulted in an account compromise, Bitcoin Core members have revoked the commit access belonging to Bitcoin Core developer Gavin Andersen. Monday began with the collective dramatic explosion of news that Australian entrepreneur Craig Wright publicly claimed that he is Satoshi Nakamoto, the pseudonymous inventor of Bitcoin. He […]
Bitcoin price slammed down to 1-day chart support today after a series of lower lows since the April top. The bulls kept buying even at the corrective highs, but are losing courage as an annual support comes under threat… This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not […]
Determining the identity of Satoshi Nakamoto isn’t as simple as solving the paternity of a brilliant child, in which a DNA test would solve the issue quickly. Bitcoin, from its foundation, has never been so simple. Craig Steven Wright, a 45-year-old Australian inventor and computer scientist, now claims he, in fact, is Nakamoto after denying […]
The post What is the Bitcoin Mempool? appeared first on 99 Bitcoins. When a Bitcoin transaction is transmitted to the network it first gets verified by all of the Bitcoin nodes available. After it successfully passes verification it goes and sits inside the “Mempool” (short for Memory Pool) and patiently awaits until a miner picks it […]
The Lightning Network may well be Bitcoin’s primary solution to the issue of scalability, but many skeptics believe there are unresolved issues with this layer-2 system for the blockchain. The possibility of too much centralization via so-called “supernodes” is one of the common criticisms of the Lightning Network, and attached to that is the fear […]
IBM today announced a new framework for securely operating blockchain networks, as well as new services on the IBM Cloud that meet stringent regulatory and security requirements. According to the company, IBM has created essential new cloud services for tamper-proof, trusted blockchain networks. “Clients tell us that one of the inhibitors of the adoption of […]