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 Nov 1, 2018

Hidden Message by Satoshi: The Connection between Bitcoin and Halloween

A hidden message by Satoshi exists without a doubt. In fact it’s probably not one but a whole bunch of them out there. With the 10-year anniversary

Avatar by Oct 30, 2018

Quick Question Sir, “But How Will Blockchain Really Control Corruption?”

Co-founder of Open Dream, Patipat Susumpao, a digital-led social enterprise, said his organization was trying to create a prototype applying blockchain for the fishery industry by stalking the source of fishes – from where they were caught until they were served on the table.

Avatar by Oct 29, 2018

Bounty Hunts And “All About Freedom” – October’s IOTA In Retrospect

IOTA explains that Bugcrowd is primarily being used to assess how functional critical information on the wallet is. It also explains that the rewards ranged from $100 – $1,500. The regular rewards given are around $900 however, the payout is dependent on the severity of the kind of bug found.

Ian Karamanov by Oct 29, 2018

Double-Spending: The Issue Which Opened up a Way to a New Financial Structure

With the issue of double-spending being solved, a lot of developers saw the road leading to the financial future. We can see the signs 10 years after bitcoin’s emerging

Ian Karamanov by Oct 25, 2018

Geocold51: How Easy it is to Execute the 51% Attack

A young security researcher nicknamed geocold51, just went in front of the entire world and livestreamed a 51% attack. This has to take the attention of developers and companies

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