A Simple Guide to What Bitcoin Forks Are and Why They Happen
Right now people keep hearing about the pending fork scheduled for on or around November 16. Because software forks and blockchain splits can be a confusing subject, we want to explain just what a fork is and what it means for all the network participants involved. Also read: Preparing for the Bitcoin Hard Forks: A Step-by-Step […]
The post A Simple Guide to What Bitcoin Forks Are and Why They Happen appeared first on Bitcoin News.
Bitcoin has had a phenomenal year in 2017 surpassing many expectations as the decentralized currency now commands a whopping $100B market capitalization. This Halloween marks another milestone as nine years ago today the anonymous creator of the ‘Internet of Money,’ Satoshi Nakamoto, released the Bitcoin white paper. Also Read: Bitcoin Prices Skyrocket to $7200 on Zimbabwean […]
Samsung’s new ‘upcycling’ initiative has seen the company repurpose outdated technology for novel and creative utilities, including the construction of a bitcoin mining rig from out of old smartphones. Also Read: Arras Lives on Bitcoin for a Week and Proves Bitcoin Is Gaining Acceptance The ‘Upcycling’ Program Has Seen the Company Turn 40 Used Galaxy S5s […]
Over the past few weeks, the discussion regarding fixing the Difficulty Adjustment Algorithm for the Bitcoin Cash network has been a very hot topic. Now according to sources, the protocol’s developers are in the midst of planning a hard fork slated for November 13, 2017. Also Read: Satoshi Nakamoto Should Be on Forbes’ Rich List Several […]
Just recently news.Bitcoin.com reported on the launch of the Lightning Labs desktop application that aims to open the doors for the protocol’s future research and development. Now a new blogging and content creation platform called, “Y’alls,” has been launched that allows users to read and write articles by utilizing Lightning Network micropayments. Also Read: A […]
At the moment there are two forks planned for the Bitcoin network, and cryptocurrency proponents are curious about taking the best preparations. One fork is called Bitcoin Gold which is scheduled for October 25, while the other hard fork Segwit2x (BTC1) will take place roughly around mid-November or block height 494784. Also read: Putin Tells […]
The month of September is wrapping up, and the planned November Segwit2x (BTC1) hard fork is steadily approaching. According to the BTC1 roadmap, a block between 1MB and 2MB in size will be generated by miners raising the block size limit at block height 494,784. Over the past few months, Core developers and supporters have […]
It’s been over forty-eight days since the hard fork, and the Bitcoin Cash (BCH) network is alive and well. Also Read: Bitcoin Exchange BTCC to Halt Trading as Regulatory Storm Brews in China Five Different Development Teams Are Working With the Bitcoin Cash Project As the blockchain’s days continue, BCH developers have been revealing the upcoming […]
This week the lead developer of Bitcoin ABC, Amaury Séchet, engaged in a Reddit Ask-Me-Anything (AMA) discussion about the future of Bitcoin Cash (BCH), and the protocol’s future scaling. Also Read: Tel Aviv Gets a New BTM and Bitcoin Museum in the Historical Bauhaus Center An AMA With Amaury Séchet – Lead Developer of Bitcoin ABC This summer […]
Openbazaar 2.0, a major upgrade from the previous version, has been released. The fully-functional public beta expands the peer-to-peer app with several new features including Tor integration, improved search, a bitcoin wallet, new vendor tools, and stores that stay online. Also read: Russia’s Finance Ministry Drafts Law to Legalize Cryptocurrencies Openbazaar 2.0 Beta Launches Openbazaar […]