The co-founder of crypto research house Blockfyre suggested that five of the top ten cryptocurrencies by market cap did not deserve to be there. Simon Dedic has beef with crypto rankings. The co-founder of crypto research house Blockfyre specifically suggests that five of the top ten cryptocurrencies by market cap don’t deserve their high-profile spot. […]
Continue Reading
John Cantrell ensures people that Bitcoin is still safe despite the fact he successfully hacked a Bitcoin wallet. John Cantrell, Bitcoin and Lightning Network project developer, recently revealed he had successfully hacked a Bitcoin address. His article, however, received a number of responses with many concluding Bitcoin isn’t secure. Cantrell felt people missed the point […]
Continue Reading
A Bitcoin developer managed to crack a BTC wallet as part of a contest launched through Twitter. Bitcoin and Lightning Network project developer, John Cantrell, explained how he was able to successfully hack a BTC address by checking around a trillion seed combinations over the course of 30 hours. The feat was accomplished as part […]
Continue Reading
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 […]
Continue Reading
Does the blockchain space make excuses for its problems? As part of a blog post detailing a different approach to blockchain transaction scaling, Waves Smart Contracts head of development, Ilya Smagin, noted the blockchain space often makes excuses for its shortcomings. “One of the things blockchain people are good at is explaining why user restrictions […]
Continue Reading
Blockstream has launched an initiative intended to connect developers building on its Liquid sidechain with Bitcoin-focused investors and entrepreneurs. Blockstream, the firm behind the Bitcoin (BTC) sidechains Liquid and Lightning Network, has launched its “Liquid Ventures Initiative,” which seeks to connect developers looking to build on the commercial sidechain with crypto investors. The announcement follows […]
Continue Reading
Bitcoin Cash (BCH) proponent Roger Ver says that he did not pay for a Hong Kong vending machine to avoid offering Bitcoin (BTC) as a payment option. After Roger Ver posted a video of a Hong Kong vending machine accepting Bitcoin Cash (BCH) and not Bitcoin (BTC), trader and YouTuber Tone Vays claimed Ver paid […]
Continue Reading
Bitpay won’t be using Lightning or Liquid any time soon, with actual Bitcoin payments still accounting for 95% of transactions. Pioneering crypto payments service Bitpay has revealed that Bitcoin still overwhelmingly dominates payments and that it has no plans to use second layer solutions like the Lightning or Liquid networks. Bitcoin is often criticised as […]
Continue Reading
Researchers examine whether a message signed by a 2009 miner and calling Craig Wright a fraud may have been signed by Satoshi Nakamoto. Yesterday, a Bitcoin (BTC) miner (or multiple Bitcoin miners) signed a message calling Craig Wright a fraud. One of the addresses used had been previously attributed to the Bitcoin creator Satoshi Nakamoto. […]
Continue Reading
Craig Wright’s claim to thousands of Bitcoin addresses is shaken once again as 145 addresses with BTC from 2009 signed a message saying he is a fraud. A message signed by 145 wallets containing Bitcoin (BTC) mined in its first years calls Craig Wright a “liar and a fraud.” The message was published on May […]
Continue Reading