Mimblewimble: How a Stripped-Down Version of Bitcoin Could Improve Privacy, Fungibility and Scalability All at Once

All (full) Bitcoin nodes verify all transactions on the network. This allows the system to be entirely trustless and decentralized, but also presents significant drawbacks. Privacy and fungibility are at odds, because public transactions allow anyone to trace the flow of bitcoins over the blockchain. Meanwhile, verifying a growing number of transactions adds to the […]

Lightning Fast Raiden Network Coming to Ethereum Blockchain

Scalability is one of the main challenges faced by distributed ledger technology. It is widely felt that in order to challenge traditional payment networks and assume a key role in the decentralized future of the internet, blockchains must find ways to radically improve their throughput, measured in number of transactions per second. “Today’s representative blockchain […]

Banks Keep Digital Currency over Ransomware Concern

The rise of ransomware attacks is giving banks a cause for concern as they now have to buy and keep cryptocurrency in the event it is needed to pay criminals when their files are held to ransom. In an interview with Business Insider, Malwarebytes CEO, Marcin Kleczynski, said the situation has become so aggressive to the […]

Online Securities Brokerage Offers ‘Dark Pool’ Exchange for Large Bitcoin Trades

TradeZero, an online securities brokerage that offers free stock trading software, has launched what it claims is the first “dark pool” exchange for bitcoin to allow institutional traders to execute large bitcoin trades outside of the bitcoin exchanges, according to Reuters. Off-exchange trading can represent 40 percent of all U.S. stock trades. The Bahamas-based company […]