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 30, 2018

Canaan Creative Putting Up Huge Flash Sale for All Miners

A huge flash sale was initiated by Canaan Creative. The Bitcoin mining firm decided to help miners, which were obviously struggling during the last few weeks.

Avatar by Nov 29, 2018

Schnorr Protocol Signature Algorithm for Bitcoin Demystified

The Schnorr Protocol is an example of improving technologies. For most of us, a general knowledge of how these protocols work is hard to come by.

Ian Karamanov by Nov 26, 2018

Bitcoin Miner Exodus: Who Can Still Afford to Mine

With the current state of the market, mining companies are in a bind. The mass bitcoin miner exodus is making even more eyes turn towards the rapidly declining crypto market.

Avatar by Nov 22, 2018

The Crypto Market is not dead: Crypto Volume 2x larger than reported

2018 has been very hard on the crypto market and investors. With the recent crashes we can conclude that the bubble popped and it’s hard for some people to admit it to themselves. But despite of all the negativism that is floating around, long term…

Ian Karamanov by Nov 21, 2018

Delay Announced on Bakkt’s Bitcoin Futures Trading Platform

Bakkt’s bitcoin futures trading platform is facing a delay. It’s unclear if the delay will be more than the announced date of 24th of January 2019

Ian Karamanov by Nov 20, 2018

Crypto Market Crashing: The Bottom is Yet to be Seen

While it’s certainly not the first time the crypto market is crashing, this crash is potentially catastrophic because no one knows when it will stop.