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 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
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.
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.
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.
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…
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…