Bitcoin Cash Might Chain Split Fork as Tensions Rise With Jihan Wu Calling Craig Wright Fake Satoshi

2018-8-21 13:52

The barely one year old chain-split fork of bitcoin might see its own split as disagreements arise over a planned November upgrade. BitcoinABC, the most used client of Bitcoin Cash,... The post Bitcoin Cash Might Chain Split Fork as Tensions Rise With Jihan Wu Calling Craig Wright Fake Satoshi appeared first on Trustnodes.

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The Bitcoin Cash Network Processed 687,000 Transactions on August 1st

Over the last day, BCH proponents have been celebrating the ‘Bitcoin Cash Independence Day’ which marks the anniversary of the August 1 blockchain split that took place a year ago. During festivities, the BCH community sent a ton of transactions over the course of the day and on August 1, 2018, the Bitcoin Cash network […] The post The Bitcoin Cash Network Processed 687,000 Transactions on August 1st appeared first on Bitcoin News.

2018-8-3 22:45


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Governance, Part 2: Plutocracy Is Still Bad

Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way.

2018-7-21 23:03


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PoWx Seeks to Change Bitcoin Mining with “Optical PoW”

Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining.

2018-7-14 01:04