According to Adam Back, the Bitcoin tech pioneer who wrote Enabling Blockchain Innovations with Pegged Sidechains, it is more economically sound to build blockchain technology using altcoins today, rather than Bitcoin or its sidechains, according to Forbes. His paper is about the sidechains for Bitcoin that were introduced about 5 years ago. According to the […]
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SegWit is an often misunderstood concept in the blockchain sphere, and for those just now entering, it’s crucial to get it right. Are there downsides to SegWit? SegWit is associated with Bitcoin and its core principles, so its strengths and weaknesses will vary depending on who is observing it. SegWit’s ability to give blocks more […]
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The block size debate is among the most contentious discourse in Bitcoin, having spawned numerous community rifts and contested proposals. Why did Bitcoin fork and split? The inability of the community to find consensus regarding a proposal to increase the block size resulted in a user-activated hard fork of the Bitcoin blockchain in August 2017. […]
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Ethereum Classic is set to undergo an Atlantis hard fork in September 2019, which will bring interoperability between sibling blockchains On June 19, the Ethereum Classic (ETC) community announced that the Atlantis hard fork is now in its testing stage. As Cointelegraph previously reported, the update is scheduled for Sept. and will take place on […]
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The CEO of Reserve thinks central banks will tokenize their currency, but businesses will choose other stablecoin services for their privacy. CEO Nevin Freeman of stablecoin startup Reserve predicts that central banks will tokenize their currency at some point, but stablecoins will likely still have an advantage in offering privacy. Freeman delivered his remarks at […]
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Average bitcoin transaction fees increased by nearly 200% in April compared to March. Average bitcoin (BTC) transaction fees increased by nearly 200% in April compared to March, a report released by crypto research firm Diar on May 6. The report also notes that bitcoin miners earned $13.7 million from fees alone — over 71% up […]
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Bitcoin developer Pieter Wuille has unveiled two proposals on GitHub for a Taproot soft fork to address privacy issues. Bitcoin (BTC) developer Pieter Wuille has unveiled two proposals on GitHub for a Taproot soft fork in a message to the bitcoin-dev mailing list on May 6. Taproot is a solution that aims to combine the advantages […]
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Researchers from Stanford University have developed a privacy mechanism called Zether, which is compatible with Ethereum and other smart contract platforms. Researchers from the Stanford University and Visa Research have developed a privacy mechanism for Ethereum (ETH) smart contracts. A paper describing the mechanism was published on Stanford University’s Applied Cryptography Group website on Feb. […]
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Despite the bear market, some coins are still managing to outperform the overall trend. Although Bitcoin (BTC) has managed to maintain its dominance throughout the bear market, we are seeing some major cryptocurrencies outperform it. This shows that the market has started to favor some coins and disregard the others. We believe that some cryptocurrencies […]
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Charlie Lee, Litecoin’s creator, declared that “fungibility is the only property of sound money that is missing from Bitcoin & Litecoin.” Charlie Lee, Litecoin’s (LTC) creator, declared that he will focus on making the major cryptocurrency more fungible in a tweet Jan. 28. Lee stated in the tweet that “fungibility is the only property of […]
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