Bitcoin News: Bitcoin (BTC) is the first ever cryptocurrency, developed and released by an unknown programmer or programmers named Satoshi Nakamoto. The Bitcoin whitepaper introduced the concept of cryptocurrencies to the world in 2008 and since then a digital currency revolution has started. That’s why Bitcoin news became so important. Cryptocurrencies are peer-to-peer and open-source digital currencies or tokens that use blockchain technology or other distributed ledger technology, thus eliminating third party involvement. The Bitcoin whitepaper introduced the concept of blockchain technology and added a Proof-of-Work (PoW) consensus protocol for increased security.
Bitcoin has proven many times that it’s the most valuable cryptocurrency from the whole digital currency economy. Bitcoin gradually became the digital gold for the whole economy, acting as a store of value in Bear markets. The maximum Bitcoins that will be mined is 21 million BTC and in time the digital currency will become scarce, increasing in value with time. Scalability is the biggest problem that Bitcoin is facing, but with the introduction of more and more technology improvements, only time will show the true potential of Bitcoin.
The majority of illegal bitcoin transactions happen on the dark web. Many experts however, are puzzled to find the reason of
Bitcoin transaction fees have officilally surpassed the $1 billion cumulative milestone. If the data takes into account the actual bitcoin price, that
The new app shhhgit will be used to scan GitHub for private crypto keys. After the Capital One hack, many security experts seem to unanimously agree that
The week did not start very promising for bitcoin but a very rapid recovery followed the announcement of Chinese President Xi Jingping, which ultimately
Yesterday’s bitcoin price drop is not the first for the last few months and it certainly did not come as the shock mass media outlets aim to create
It seems that the Federal Reserved has turned the money printing machines into overdrive and has quietly printed more than $150 billion dollars in less than