bitcoin network News

The recent downturn in the crypto market, marked by bitcoin’s (BTC) descent below $28,000 and the depreciation of altcoins, is due to a blend of network congestion, increased transaction fees, and an ongoing consolidation phase. The congestion within the bitcoin…

Glassnode data shows that Bitcoin (BTC) is continuing to leave cryptocurrency exchanges as adoption continues to grow while the network stays healthy through the prolonged downturn.

IOVLabs is launching a new decentralized finance initiative dubbed “Everyday DeFi” on the Bitcoin-powered Rootstock blockchain. The Everyday DeFi initiative will leverage Rootstock’s RIF Aggregation Layer-2 scaling solution to make DeFi more accessible and usable for everyday users.  IOVLabs Fostering…

CoinShares, a leading digital assets management firm, has joined forces with Blockchain wallet and MKS, a Geneva-based precious metals trading firm, to develop DGLD, a gold-backed token powered by the Bitcoin distributed ledger technology (DLT) network. The team claims DGLD…

The Bitcoin Network hash rate is currently on the path to reaching 90 quintillion hashes per second. Bitcoin’s computing potential has been increasing steadily since a massive decline at the back end of 2018 during the Bitcoin Cash “hash war.”…

Currently sitting at its all-time high (ATH) of 72.46 EH/s, the Bitcoin network has literally never been as secure as it has at this moment, as per data from the BTC.com mining pool. Although BTC.com still has its position as…

Data from Binance Research shows that the Bitcoin network has seen its highest hash rate growth over a 30-day period. This revelation reiterates the massively improving conditions within the core network fundamentals that form part of the growing bull case…

At a time when central banks and other heavyweights in the traditional finance sector are busily stating reasons why bitcoin and the entire cryptocurrency ecosystem can’t function as fiat money, highly reputable serial entrepreneur Jeffrey Wernick has come up with…

With how finicky Bitcoin (BTC) has been lately as far as transaction confirmations and the tremendous volatility going on, there are quite a few folks who are interested in cryptocurrency but quite wary of Satoshi’s creation. For good reasons as…

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 the context of Satoshi Nakamoto’s early warning to Gavin Andresen in 2010 on Bitcointalk against building minority versions of the Bitcoin protocol, secondary implementations were at the time dubbed “menace” to the network. “I don’t believe a second, compatible…

In 2012, only a few bitcoin mining pools or companies controlled the mining industry. Mining pools like Deepbit maintained majority control over bitcoin’s hash rate, at times nearly 40 percent of the hash rate distribution. As years passed and as…

As the New Year began, we were able to witness the price of bitcoin surpass the $1000 mark for the first time in a little over three years. With the price rise putting bitcoin back into the limelight of mass…

On December 25, Chinese mining giant and bitcoin exchange BTCC donated and deployed a total of 100 full bitcoin nodes across 5 continents. The move, which will have a positive impact on the bitcoin ecosystem, has been applauded by the…

SpreadCoin, a coin launched on July 29, 2014, has published a new whitepaper titled “Proof of Bitcoin Node: A Mechanism for a Bitcoin Full Node Incentivizes & Bitcoin Mining Rewards Program.” With contributions from Ahmed Zsales, Daniel Ames, Georgem, Chaositech,…