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Tim Draper Predicts Using Fiat Currencies in Five Years Will Be Laughable

November 9, 2017 Jamie Redman 0

Tim Draper Predicts Using Fiat Currencies in Five Years Will Be LaughableAfter making a prediction that bitcoin would be $10K by 2018, the American venture capitalist, Tim Draper, is still bullish about cryptocurrencies. In fact, Draper believes digital assets like bitcoin will be so prominent that using fiat currencies in five years will be considered laughable. Also Read: The World’s Largest FX Exchange Hopes to Tame […]

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Openbazaar Sees a Variety of New Vendors After Privacy Enhancements

November 9, 2017 Jamie Redman 0

Openbazaar Sees a Variety of New Vendors After Privacy EnhancementsThis past September the cryptocurrency-based decentralized marketplace, Openbazaar, launched its 2.0 platform with a slew of new features. Now a couple of months later, the marketplace seems to be seeing some significant growth as vendors from Darknet markets are starting to flock to the protocol’s benefits. Also Read: Increased South African Bitcoin Adoption Highlights Need […]

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The World’s Largest FX Exchange Hopes to Tame Bitcoin Volatility

November 8, 2017 Jamie Redman 0

The World's Largest FX Exchange Hopes to Tame Bitcoin VolatilityThe Chicago Mercantile Exchange & Chicago Board of Trade otherwise known as CME Group announced its bitcoin futures specs this week. Alongside this, the Chairman Emeritus of CME Group, Leo Melamed, told press bitcoin is set to become a new asset class. Also Read: Bitspark Receives Investment From Fortune 500 Company CME Group Reveals Specs for […]

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Two Popular Hardware Wallet Firms Reveal Segwit2x Fork Plans

November 7, 2017 Jamie Redman 0

Two Popular Hardware Wallet Firms Reveal Segwit2x Fork PlansThis week two well-known bitcoin hardware wallet manufacturers, Satoshi Labs (Trezor) and Ledger Wallet, revealed their contingency plans for the pending Segwit2x fork that may take place in nine days. Both companies explain they will support both chains and tethered tokens if there is a split and provide a tool for the splitting process. Also […]

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As Bitcoin Reaches New Price Highs, Network Congestion and Fees Spike

November 7, 2017 Jamie Redman 0

As Bitcoin Reaches New Price Highs Network Congestion and Fees SpikeBitcoin markets have been on a tear lately, and the price has spiked quite a bit last month and into November. However, as bitcoin’s value surpassed $7K per BTC, transaction bottleneck and miner fees have risen again, causing users to complain about unconfirmed transactions and paying $5-10 per transaction. Also read: Ethereum Wallet Parity Hit by […]

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As Bitcoin Reaches New Price Highs, Network Congestion and Fees Spike

November 7, 2017 Jamie Redman 0

As Bitcoin Reaches New Price Highs Network Congestion and Fees SpikeBitcoin markets have been on a tear lately, and the price has spiked quite a bit last month and into November. However, as bitcoin’s value surpassed $7K per BTC, transaction bottleneck and miner fees have risen again, causing users to complain about unconfirmed transactions and paying $5-10 per transaction. Also read: Ethereum Wallet Parity Hit by […]

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Markets Update: Bitcoin Price Took A Dive After Breaching New Highs

November 7, 2017 Jamie Redman 0

Markets Update: Bitcoin Price Free-Falls After Breaching New HighsThe price of bitcoin dived on November 6 after reaching an all-time high of $7,590 across global exchanges. The decentralized currency’s value dropped to the $6,950-7,000 range. At the moment, the cryptocurrency’s market is consolidating above the $7K territory after the late afternoon sell-off. Also Read: This Developer is Bringing Atomic Swaps to the Bitcoin Cash Network […]

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Fork Watch: The Chain With Less Hashrate Could Come to a Screeching Halt

November 6, 2017 Jamie Redman 0

Fork Watch: The Chain With Less Hashrate Could Come to a Screeching HaltOver the next two weeks, bitcoin proponents from both sides of the scaling debate will be preparing for a possible hard fork. A lot of people believe the Segwit2x fork will be entirely different than August’s bitcoin cash fork, and for good reason. Also read: Satoshi Revolution – Chapter 2: Technology Meets Anarchy. Both Profit (Part […]

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Graphene Block Propagation Technology Claims to be 10X More Efficient

November 6, 2017 Jamie Redman 0

Graphene Block Propagation Technology Claims to be 10X More EfficientThis week at the Scaling Bitcoin Conference 2017, at Stanford University in California, bitcoin proponents heard about a new block propagation technology that claims to be 10X more efficient than compact blocks. The protocol called “Graphene” is a new method of reducing bandwidth to propagate blocks to full nodes by utilizing bloom filters and invertible-bloom-lookup-tables […]

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This Developer is Bringing Atomic Swaps to the Bitcoin Cash Network

November 6, 2017 Jamie Redman 0

This Developer is Bringing Atomic Swaps to the Bitcoin Cash NetworkAtomic swaps between blockchains have become a hot topic that has sparked a lot of interest due to the decentralized nature of the exchange process. This week a developer that goes by the name of “Deswurstes” or “MCCCS” has accomplished a successful bitcoin cash atomic swap test. Also Read: Uruguay to Launch Digital Currency, “Not Bitcoin” […]

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