The Genesis Files: Hashcash or How Adam Back Designed Bitcoin’s Motor Block

[ANNOUNCE] hash cash postage implementation The date is March 28, 1997, when the 2,000-or-so subscribers of the Cypherpunks mailing list receive an email with the above header in their inbox. The sender is a 26-year-old British postdoc at the University of Exeter, a young cryptographer and prolific contributor to the mailing list named Dr. Adam […]

Bitcoin News Summary – June 4, 2018

The post Bitcoin News Summary – June 4, 2018 appeared first on 99 Bitcoins. Español Русский Here’s what happened this week in Bitcoin in 99 seconds.     The National Tax Agency of Japan revealed that 331 crypto traders earned more than $1 million Dollars in profit over the course of 2017. In further news […]

Vitalik Buterin: Ethereum Will Eventually Achieve 1 Million Transactions Per Second

Vitalik Buterin, the creator of Ethereum, has explained in a recent OmiseGO AMA session that with second-layer solutions such as Sharding and Plasma, the Ethereum network will eventually be able to process 1 million transactions per second and potentially more than 100 million transactions per second. Scalability Struggles of Leading Blockchain Networks Previously, at various […]

How to Get Bitcoin Gold Online? BTG Has an Online Wallet!

The late 2017 was rightly termed as the Forks season, witnessing a range of junk copies of the mainstream currencies as well as successful forks like Bitcoin Gold (BTG). The BTG fork minimizes the impact of big miners like Bitmain, on the network and in general, is called “the backup copy of Bitcoin”. And one […]

Cryptocurrency Firms Announce Changes to Comply with GDPR

The European Union approved in 2016 a strict legislation focused on the protection of user data called GDPR – General Data Protection Regulation. While it was approved two years ago, the law provided a transition period for companies to adjust before its actual implementation which occurred on May 25. According to The Guardian, the new European […]

ICOs Raise Over $9 Billion Six Months into 2018, Surpassing 2017 Figures

Despite the slowdown in overall cryptocurrency prices, investment in upcoming projects, in the form of initial coin offerings (ICOs), has not slowed down one bit. In fact, the amount of investment made into these projects has only skyrocketed. ICOs Investment on the Rise CoinSchedule reported that over $9.4 billion has been invested into ICOs in […]

Visa Outage in Europe Highlights Potential of Cryptocurrency Payments

Payment technology has introduced a high degree of convenience for consumers globally. When that technology does not work as advertised, a very problematic scenario ensues. Visa suffered from major outages across Europe for most of the day on Friday. This highlights the need for alternative solutions, including cash and even cryptocurrency. The Visa Outage in […]