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.
One of the many different cryptocurrency mining hardware producers, TSMC (Taiwan Semiconductor Manufacturing Company), has reported an incredible amount of sales during Mach 2018. This situation takes place in a moment when Bitcoin mining profitability is being questionable.
Jeff Sprecher, the chief executive of The International Exchange Inc., and the owner of The New York Stock Exchange has pointed out that they are considering the possibility that Bitcoin will become more popular in the time to come as it picks up popularity as the market is slowly but surely recovering. He also commented […]
Some international and central banks are experimenting with blockchain technology for debt issuance. These banks are JP Morgan, the National Bank of Canada, Goldman Sachs, and many other companies.
As Bitcoin is making a rapid recovery from its pitfall of $6620, it is becoming more and more popular. Remember we have stated that it was only a matter of time until Bitcoins started coming up in price? It may be you have thought that this was the beginning of the end. In fact, the […]
CoinStaker is giving away one ticket for the CryptoCONF2018 in Sofia, Bulgaria. The event will take place in Sofia on May 11th, 2018. Giveaway will end on the 9th of May.
CoinStaker is giving away three tickets for the iCoin Summit in Limassol, Cyprus . The event will take place in Limassol between May 9-10, 2018. Giveaway will end on the 4th of May.