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.
Finance has advanced greatly with the introduction of cryptocurrencies. This advancement comes with a price, especially when it comes to money laundering.
Another beautiful day here at Coinstaker, and we are looking at yet more market analytics and growth patterns. What to expect when you’re expecting? Why did Bitcoin fall in December? Was it because of Binace hacking or because of Kraken and CEX.io? Who’s good at market analytics? Who to trust? And where do you go […]
Little did you know, Reddit is looking to relaunch crypto payments after the recent events, which you can read about here. It looks like things aren’t going to end with Bitcoin either. Christopher Slowe, the CTO, has stated there wasn’t enough time for all the necessary upgrades but that the functionality will be added to […]
The data stored on the blockchain platform cannot be modified, deleted or commoditized.
This will open new horizons for both brokers and investors, many of whom were operating under the narrow geographical constraints of nearby metropolitan areas without access to nationwide market data and lease comparables.
The 51% attack has been regarded by many as a fool’s fear, something which can never actually come true. Recent times have shown that people were right to be afraid because these attacks are becoming more common.