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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: block size debate

SegWit Lock-In: What Does it Mean for Bitcoin?

Category: Bitcoin, Blockchain, News

SegWit Lock-In: What Does it Mean for Bitcoin?

On August 9, the highly-anticipated Segregated Witness (SegWit) protocol upgrade to the Bitcoin blockchain was officially locked in on block 479,707. While there is still a two-week waiting period before SegWit will be fully activated, the lock-in means that all bitcoin mining operations have to implement this update now or else they will have to give up their bitcoin mining…

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BTC-E Domain Seized, ICOs in the SEC’s Crosshairs: BTCManager’s Week in Review July 31

Category: News, News Digest

BTC-E Domain Seized, ICOs in the SEC’s Crosshairs: BTCManager’s Week in Review July 31

For the week ending July 30, BTC-E’s involvement in the Mt.Gox hack was revealed by a WizSecruity Report according to which Hackers collaborated with BTC-E and its owner Alexander Vinnik to steal the wallet.dat file stored in the centralized databases of Mt. Gox to gain access to nearly 630,000 bitcoin. The wallet.dat file was stolen in September 2011 and the…

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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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BIP 91 Activation Awaits, Parity Hackers Bag $32 Million in Ether: BTCManager’s Week in Review July 24

Category: News, News Digest

BIP 91 Activation Awaits, Parity Hackers Bag $32 Million in Ether: BTCManager’s Week in Review July 24

The much anticipated SegWit implementation could be one step closer to reality by the second week of August now that BIP 91 has been signaled by over the 80 percent of hash power needed to lock it in, which means that the Bitcoin blockchain will soon be optimized by 75 percent. Transactions will become cheaper as their size will decrease…

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BIP 91 Likely to be Locked in Within 24 Hours, Bitcoin Displays Highest Ever Daily Gain

Category: Bitcoin, Commentary, News, Price Analysis

BIP 91 Likely to be Locked in Within 24 Hours, Bitcoin Displays Highest Ever Daily Gain

Bitcoin Improvement Proposal 91, or BIP 91 for short, a miner-activated soft fork (MASF) developed by James Hilliard, passed its 80 percent activation threshold on July 16 and is set to be locked in within 24 hours. The compromise between developers and the mining community has coincided with buoyant markets, as BTC-USD recovers from a recent low at $1830 on…

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Craig Wright’s Ferocious Speech, Investors Move from Gold to Bitcoin: BTCManager’s Week in Review July 10

Category: News, News Digest

Craig Wright’s Ferocious Speech, Investors Move from Gold to Bitcoin: BTCManager’s Week in Review July 10

At the Future of Bitcoin in Arnhem, the alleged Satoshi, Craig Wright, held a furious talk, which was interrupted by emergent eruptions of applause. During his speech, he reignited the block size debate by attacking Core and announced that he would actively fight SegWit. He promised to soon launch a mining pool, with at least 20 percent of the network’s…

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“Very simple. Very easy. Good.”

Category: Bitcoin, Commentary, News

“Very simple. Very easy. Good.”

At the Future of Bitcoin, the alleged Satoshi Craig Wright held a furious talk, which was interrupted by emergent eruptions of applause. What a show in Arnhem! In the conference room in Arnhem’s WTC few people really believe that Craig Wright is Satoshi. However, the man is an enigma. There might be a tiny chance, that he really is Satoshi,…

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The Global Village of the Big Block Community

Category: Bitcoin, Commentary, News, Tech

The Global Village of the Big Block Community

At the conference “The Future of Bitcoin” in Arnhem, the ‘Big Block’ community met to listen to talks and shake hands. The event expressed a strong belief that on-chain scaling is possible and necessary. Among the many highlights of the event have been a furious presentation of Pseudo-Satoshi Craig Wright and the announcement of the new Bitcoin client BitcoinABC. Like…

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Understanding Block Weight: How much Capacity does SegWit really Give?

Category: Bitcoin, Blockchain, News

Understanding Block Weight: How much Capacity does SegWit really Give?

With SegWit2x we’ll soon experience the activation of SegWit. Block size will be replaced by block weight, transactions capacity will be increased, and fees will fall. But how exactly and to what scope is not an easy question. In recent weeks the public argument shifted from the question, if SegWit should be activated, to the question of how and when…

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Coming to your Altcoin soon: Lack of Capacity Causes Congestion on Ethereum

Category: Blockchain, Ethereum, News

Coming to your Altcoin soon: Lack of Capacity Causes Congestion on Ethereum

The problem is well known for Bitcoin; there are more transactions than miners can confirm. Now the shortage has reached Ethereum. Especially after popular ICOs, like Status’, the transaction volume is far beyond the network’s capacity. This problem could be easily solved. The miners, however, resist. Actually, Status is not much more than an Ethereum wallet for a mobile system….

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