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Bank of Canada: Proof-of-Work Beats Alternative Consensus Systems

Canada’s central bank has championed proof-of-work (PoW) algorithms as part of a new research paper on Blockchain consensus. ‘Irretrievable Sunk Costs’ In its Staff Working Paper released this week, Bank of Canada (BoC) said PoW, used by Bitcoin, held more promise than alternative proof-of-script (PoS) algorithms found in various altcoins. дальше »

2018-7-25 18:00


A chain is only as strong as its weakest link, and in a blockchain that link lies in the form of its founders.

The greatest challenge that new blockchains must solve isn’t speed or scaling – it’s governance. Nobody Else Has Either Governance: Easy to Define, Hard to Achieve There wasn’t much thought given to on-chain governance when bitcoin was created; Satoshi was too busy reinventing the wheel on several other fronts. Dash first popularized the concept of дальше »

2018-7-16 10:34


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Governance is the biggest problems blockchains must solve

The greatest challenge that new blockchains must solve isn’t speed or scaling – it’s governance. Nobody Else Has Either Governance: Easy to Define, Hard to Achieve There wasn’t much thought given to on-chain governance when bitcoin was created; Satoshi was too busy reinventing the wheel on several other fronts. Dash first popularized the concept of дальше »

2018-7-16 07:31


The Ledger: Vitalik applauds Satoshi wannabes over Bitcoin’s part in Russian Election Manipulation.

To bring you the best content on our sites and applications, Meredith partners with third party advertisers to serve digital ads, including personalized digital ads. Those advertisers use tracking technologies to collect information about your activity on our sites and applications and across the Internet and your other apps and devices. To avoid personalized advertising дальше »

2018-7-15 11:28


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The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin

As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name. дальше »

2018-7-13 17:16


Monero’s Riccardo Spagni Complains About BitPay’s ‘Broken’ Bitcoin Fee Payment Service

Riccardo Spagni Complains About BitPay’s Service Monero’s developer and crypto specialist Riccardo Spagni complained on Twitter about the service provided by BitPay. He informed that he paid 9 satoshi per byte to send a Bitcoin transaction, and that BitPay was saying that the transaction had a low Bitcoin fee. Every time a Bitcoin user wants […] дальше »

2018-7-10 20:42


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‘Satoshi Nakamoto’ Releases Excerpts From Upcoming Book — Is it a Hoax?

This past Friday, someone claiming to be Satoshi Nakamoto — the person or collective people who created the cryptocurrency Bitcoin, posted a 21-page excerpt from a new ‘literary work. ’ Is it all just clever distractions from hoaxers, or will we soon know more about Nakamoto’s true identity? ‘…A Long Answer?” On June 29, a website, nakamotofamilyfoundation. дальше »

2018-7-2 20:00


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Learn About Three Additional Applications Which Utilize Bitcoin Cash op_Codes

News Over the past month or so since the most recent Bitcoin Cash (BCH) network upgrade, a lot of developers have created platforms and extensions that utilize the re-enabled Satoshi OP_Codes. Now there’s an application that combines all of the data sent on-chain through a platform called Chainfeed — A tool that displays a global real-time news дальше »

2018-6-27 06:43


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Vitalik Buterin Demands Court Challenge Against New nChain Patent

Ethereum co-founder Vitalik Buterin has openly criticized Blockchain research company nChain’s latest patent award, calling for opponents to challenge it in court. Pure Invention? nChain, whose chief scientist Craig Wright claims to be Bitcoin creator Satoshi Nakamoto while heavily endorsing altcoin Bitcoin Cash, received its latest European patent for what it describes as a “digital security invention. дальше »

2018-6-27 06:00