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BITCOIN PRICE: 8,188.89     HIGH: 8,310.89     LOW: 7,935.00

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Baltic Honeybadger 2017 • November 25-26, 2017

The Baltic Honeybadger conference is the first major event in Latvia dedicated to Bitcoin and the technologies built around it.…

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Tag: Bitcoin Core

Crypto Market Corrects, Bitcoin Core 0.15 Revealed: BTCManager’s Week in Review September 4

Category: News, News Digest

Crypto Market Corrects, Bitcoin Core 0.15 Revealed: BTCManager’s Week in Review September 4

The price of Bitcoin exceeded the $5,000 mark for the first time in history on Asian digital currency exchanges on September 2. This new all-time high was subsequently followed by a steep correction down to the $4,500 mark on the same day. Nonetheless, the moment for Bitcoin has never been stronger than now. The crypto correction continued on September 4…

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SegWit Activated, Bitcoin Price Rests Above $4200

Category: Bitcoin, Commentary, News, Price Analysis

SegWit Activated, Bitcoin Price Rests Above $4200

The scaling upgrade for Bitcoin’s blockchain, Segregated Witness (SegWit) went live in the early hours of August 24. Market commentators have mixed feelings about where the price of bitcoin will head next. Further progress in development is expected with the activation of SegWit and the event has spilled over into altcoin markets, with SegWit-ready altcoins showing large gains. SegWit Paves…

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The Upcoming Bitcoin Cash Hard Fork: The Choices for Bitcoiners

Category: Bitcoin, Commentary, News

The Upcoming Bitcoin Cash Hard Fork: The Choices for Bitcoiners

On August 1, the Bitcoin network will split with the emergence of Bitcoin Cash (BCH). This article will outline the choices you have if you hold bitcoin and some potential outcomes of the split. What is Bitcoin Cash? The project’s website states that Bitcoin Cash is peer-to-peer electronic cash for the Internet. It is ‘fully decentralized, with no central bank…

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SegWit2x Alpha is Out: More than 75 percent of Blocks Signal Support

Category: Bitcoin, Blockchain, News, Tech

SegWit2x Alpha is Out: More than 75 percent of Blocks Signal Support

On June 16, Jeff Garzik announced the Alpha release of SegWit2x. After all, miners who have signed the agreement started to signal for its activation, SegWit2x is nearly instantly backed by more than 75 percent of the hash rate. The activation of SegWit, it seems, is safe – while the hard fork, which is part of the packet, is not….

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UASF: The Revolt that Will Not Happen

Category: Bitcoin, Blockchain, Commentary, News

UASF: The Revolt that Will Not Happen

The User-Activated Soft Fork (UASF) wants to enforce SegWit against the will of the miners. After the movement had gained a growing momentum, it had to gulp serious drawbacks in the past weeks. Neither exchanges, miners nor Core developers stand behind it. Is this the end of the self-declared user’s revolt? Basically, the whole UASF story is about the question…

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Silbert’s Agreement: How a Broad Alliance of Miners and Companies Declared the end of Bitcoin’s Scaling Wars

Category: Bitcoin, Blockchain, Commentary, News

Silbert’s Agreement: How a Broad Alliance of Miners and Companies Declared the end of Bitcoin’s Scaling Wars

Did we, finally, do it? A consortium of Bitcoin companies and miners announced an agreement about the year long fight for an increase of Bitcoin’s capacity; SegWit should be activated soon, and a hard fork will increase the block size limit to 2MB sometime during the next six months. What is known about the agreement, what is unclear? And how…

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Number of Unconfirmed Transactions Reaches All Time High: Heated Community Discusses Solutions

Category: Bitcoin, Blockchain, Commentary, News

Number of Unconfirmed Transactions Reaches All Time High: Heated Community Discusses Solutions

Never before has the Bitcoin Blockchain seen such a large traffic jam. The number of unconfirmed transactions reached a level, at which it hurts. The Bitcoin economy is not amused; BitPay’s Stephen Pair speaks out with exceptional clarity, while Barry Silbert of the Digital Currency Group tries to establish a broad alliance for a new compromise. At least there is…

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Feature, Bug or Backdoor? AntBleed Code Enables BitMain to Remotely Shut Down AntMiner

Category: Bitcoin, News, Tech

Feature, Bug or Backdoor? AntBleed Code Enables BitMain to Remotely Shut Down AntMiner

The scandals engulfing Chinese ASIC producer BitMain seem never to end. On April 26, a string of code in the AntMiner firmware was disclosed which can remotely shut down some of the mining machines. BTCManager talked with BitMain’s CEO Jihan Wu and a Canadian Miner; a Bug or Feature? On April 26, the website AntBleed.com went online. It discloses a…

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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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Andre De Castro’s Views on the Block Size Debate: A “Bit” Nuts or Spot On?

Category: Bitcoin, Blockchain, Interviews, News

Andre De Castro’s Views on the Block Size Debate: A “Bit” Nuts or Spot On?

As CEO and founder of Blockchain of Things, Inc., Andre De Castro has a penchant for being a bit of a rebel rouser. As an active participant in the Bitcoin community and industry since 2010, he has worked as a software developer, investor, trader, advisor, and U.S. policy influencer. His early understanding of the vast, untapped potential of blockchain technology…

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