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 […]
Timo Hanke, a mathematical researcher and cryptocurrency expert, in collaboration with Sergio Demian Lerner, a renowned security expert, has developed a new Bitcoin mining method that can increase mining revenue by up to 20 percent, translating to an increase of $30 million in annual profits if used by one of the biggest mining pools. The […]
The first day of the Consensus 2016 Hackathon saw over twenty blockchain entrepreneurs pitch their ideas and concepts to a wide array of developers.
Bitcoin price will make many people rich this year. The bullish prospects are self-evident and a steady parabolic advance, some time this year, will give bitcoin traders what they want. Bitcoin price waves, like all market charts, advance and decline between established support and resistance zones. This analysis is provided by xbt.social with a 3-hour […]
This is part 4 of CCN’s “Peace & Stability Through The Blockchain” Series. For part 1, click here. For part 2, click here. For part 3, click here. In this edition, we explore the way in which policing can be changed via public ledger technology. Similar to how blockchain-forward technologies streamline the border, the same […]
Despite criticism of bitcoin’s approach to payments innovation, its development process may have advantages over existing methods, observers argue.
The Keza app, an IOS app which allowed users to invest in bitcoin stocks and fixed incomes, has closed down shortly after launching, according to its website. The project had received $357,000 in funding backed by Digital Currency Group and Jason Calacanis of HOF Capital. The closing marks a setback for bitcoin investing in stocks since […]