Bitcoin Still Faces On-Chain Scaling Trouble Ahead, Decred Co-Founder Says

Can Bitcoin’s network handle mainstream adoption? As Bitcoin (BTC) continues to pick up mainstream traction, the asset’s blockchain scalability remains an issue, according to Decred co-founder Jake Yocom-Piatt.  “There is enough demand for on-chain Bitcoin transactions during peak demand times to completely fill blocks and drive fee rates up substantially,” Yocom-Piatt told Cointelegraph, noting the struggles […]

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Last Time This Happened BTC Gained $4k

The last time this much Bitcoin was withdrawn from exchanges, the price rose 88%. If this pattern repeats, we would see Bitcoin go to $18,000 by the end of August. June 8, 27,000 more Bitcoins (BTC) were withdrawn from the exchanges than deposited, the last time there was such a significant outflow, Bitcoin appreciated 88%. […]

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No, Blockchain Technology Cannot Solve Everything

Distributed ledger technology has the potential to solve a lot of economic and social problems, but there are some that we have to solve ourselves. The crypto community was rightly aghast at the “Bitcoin Will Save Us” poster donned by a protester against racial injustice in Dallas last week. Christ pic.twitter.com/BmRmlZnMWa — Jessica Huseman (@JessicaHuseman) […]

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South Korean City Opens Public Services to Blockchain-Based ID App

South Korea’s second-largest city, Busan, will let its citizens access government services using a blockchain-based identification app developed by Coinplug. Busan, the second-largest city in South Korea, has launched an identification app that uses a public blockchain to verify citizen information. The app was developed by Coinplug, a Korean startup working within the regulatory sandbox […]

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