Bitcoin News

Bitcoin News

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.

Ian Karamanov by Oct 23, 2018

AsicBoost To Be Activated for Maximum Mining Efficiency

The AsicBoost is seen as a very controversial. While some believe it’s exploited for mining efficiency, others suggest it’s just the edge miners need

Peio Purlev by Oct 19, 2018

Acinq, a Lightning Network startup aims to increase Bitcoin transactions

Serena Capital has just finished leading a major funding round totaling $1.7 million. The funding was focused around Acinq, which is one of the leading startups currently working on the Lightning network.

Ellis Amoako-Agyei by Oct 19, 2018

HTC Exodus Blockchain Phone To Launch On October 22

Blockchain technology coming into the phones arena was undoubtedly annoying but a reality we have to face and probably for the better. Sirin Labs announced during the third quarter of 2018 it had come up with a blockchain phone known as Finney phone.

Ellis Amoako-Agyei by Oct 18, 2018

IOTA Is Bringing On A Tangle Based Biometric Verification System

he IOTA foundation after announcing its desire to start working on reusable cryptocurrency addresses has also announced a major breakthrough in the use of its Tangle software. The company will have its major software being used for a biometric verification process to authenticate the identities of people.

Peio Purlev by Oct 18, 2018

Elon Musk Twitter Cryptocurrency giveaway Scam: Twitter Scambots strike again

Twitter scambots are not something new and we’ve wrote about them recently. Ironically, Elon Musk had a lot to say in the past and he ended up impersonated…

Peio Purlev by Oct 11, 2018

New Bitcoin Sidechain will allow Initial Coin Offerings (ICO) on Bitcoin

Not many people expected it, but by the end of 2018, an ICO will be launched on Bitcoin. A sidechain created by RSK however, will allow Bitcoin to host…