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Category: Commentary

Zcash Advisor’s Research on Monero Linkability, Refuted by Monero Community

Category: Altcoins, Commentary, News, Tech

Zcash Advisor’s Research on Monero Linkability, Refuted by Monero Community

On April 13, Zcash advisor and assistant director of IC3 Andrew Miller stated that transactions on the Monero blockchain from 2014 through 2016 could be linked. To begin with, Monero uses decoy links called mixins to obscure inputs and outputs of a transaction. Such process anonymizes Monero transactions as it disables users from following traces of a transaction to its...

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Character Assassins for Hire: The Story Behind the ASICBoost & Extension Blocks Scandal

Category: Bitcoin, Blockchain, Commentary, News

Character Assassins for Hire: The Story Behind the ASICBoost & Extension Blocks Scandal

Bitcoin has a problem; the demand for Bitcoin far outweighs the bandwidth of transaction throughput that the network can sustain. The Bitcoin “highway” is constrained at 1MB per block, or one single analogous lane, which permits a “speed limit” of between 3.3 to 7 transactions per second. For comparison, VISA verifies transactions at a rate of 2000 per second, which...

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GAW Miners' Josh Garza Pleads Guilty to Fraud, Settles a Deal

Category: Bitcoin, Commentary, News, Regulation

GAW Miners' Josh Garza Pleads Guilty to Fraud, Settles a Deal

At last, Josh Garza, the founder of the PayCoin Ponzi scheme and CEO of GAW Miners pleaded guilty to wire fraud following an official complaint by the SEC filed in 2015. The US Department of Justice’s letter read: “We are currently negotiating an agreement with defendant Homero Joshua Garza to enter a plea of guilty to one count of wire...

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Billionaire Novogratz: Ten Percent of my Wealth in Crypto-assets like Bitcoin and Ether

Category: Altcoins, Bitcoin, Commentary, Finance, News

Billionaire Novogratz: Ten Percent of my Wealth in Crypto-assets like Bitcoin and Ether

Despite the Winklevoss bitcoin ETF's disapproval, could an investment drive by one billionaire ignite a larger movement of money into cryptocurrrency. Michael Novogratz, estimated to be worth billions, stated at a Harvard Business School Club of New York forum on April 19: "Ten percent of my net worth is in this space." Investment Opportunity of a Lifetime? The cryptocurrency play...

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Why Europe and China are Ahead of US in Blockchain Development

Category: Blockchain, Business, Commentary, Regulation

Why Europe and China are Ahead of US in Blockchain Development

The US is falling behind China and Europe in blockchain development primarily due to the lack of regulatory frameworks. With a practical approach toward blockchain regulation, countries in Europe, as well as China, Hong Kong, and Singapore are demonstrating greater progress in blockchain implementation. According to a blockchain startup tracker developed by Outlier Ventures, the vast majority of startups in...

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Monero's Third Birthday: A Complex History, Promising Future

Category: Altcoins, Blockchain, Commentary, News

Monero's Third Birthday: A Complex History, Promising Future

Monero celebrated its third birthday on April 18, 2017, and has cemented its place as one of the leading blockchain networks. As an effort to continue ‘Satoshi’s vision,’ the altcoin, denoted XMR, has attracted a lot of interest, with many bitcoin holders diversifying into the privacy-focused cryptocurrency. In this article, we take a look at the coin’s intriguing and strange...

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Autonomy or Just Another Slavery?: Ukraine and Bitfury Start Full-scale Blockchain eGovernance Program

Category: Blockchain, Business, Commentary, News, Tech

Autonomy or Just Another Slavery?: Ukraine and Bitfury Start Full-scale Blockchain eGovernance Program

The Ukraine and Bitfury test new frontiers! The State Agency for eGovernance signed a memorandum with Bitfury, which could be the beginning of the biggest and most ambitious blockchain project a government has started. On April 13 Oleksandr Ryzhenko, head of the Ukrainian State Agency for eGovernance, and Valery Vavilov, CEO of Bitfury, signed a memorandum which could be a...

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A Security Threat to the Bitcoin Blockchain?

Category: Bitcoin, Commentary, News, Tech

A Security Threat to the Bitcoin Blockchain?

In a report to be featured at the 38th IEEE Symposium on Security and Privacy in May, Aviv Zohar of The Hebrew University present findings on how an attack to the Bitcoin Blockchain can occur via the Internet's routing infrastructure. In this paper, Zohar and his collaborators Maria Apostolaki and Laurent Vanbever, show off two ways a Border Gateway Protocol...

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The State of Bitcoin in South Africa

Category: Bitcoin, Business, Commentary, News

The State of Bitcoin in South Africa

South Africa has one of the most active bitcoin economies on the African continent, gauged by its bitcoin trading volumes and the amount of bitcoin and blockchain startups it has. South Africa is one of the most developed countries in Africa and has the third largest economy in the continent after Nigeria and Egypt. While its economy has recently struggled...

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Matchpool To Offer A Way Out For Investors But Will Push On With Project

Category: Altcoins, Commentary, Finance, News

Matchpool To Offer A Way Out For Investors But Will Push On With Project

The Matchpool ICO raised 125,000 ETH or about $5.5 million in less than two days, but immediately after the conclusion of the crowdsale, co-founder Philip Saunders announced in a Matchpool Slack channel that he was leaving the project and alluded to the implication of an exit scam by the CEO, Yonatan Ben Shimon. In reply, Ben Shimon posted a Medium...

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