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Baltic Honeybadger 2017 • November 25-26, 2017

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Tag: hard fork

Metropolis: Byzantine, the First Part of Ethereum’s Planned Hard Fork, Activates October 17

Category: Blockchain, Ethereum, News

Metropolis: Byzantine, the First Part of Ethereum’s Planned Hard Fork, Activates October 17

Recently the first part of the Metropolis hard fork launched on Ethereum’s Ropsten testnet. On October 17, the hard fork is scheduled to go live on main net. To stay part of the network, every user has to update their client. But what does Metropolis actually change? Is the hard fork a big hit – or does it disappoint against…

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Bitcoin Cash Launches with Rocky Start: Labelled as Altcoin by Major Chinese Miner

Category: Bitcoin, Blockchain, News

Bitcoin Cash Launches with Rocky Start: Labelled as Altcoin by Major Chinese Miner

Chandler Guo, a major Chinese investor in bitcoin, ether and cryptocurrency mining, recently criticized Bitcoin Cash, led by China-based mining pool operator ViaBTC, which successfully forked away from the Bitcoin blockchain on August 1. Mainstream media outlets have added to confusion amongst the general public with inaccurate representations of the Bitcoin Cash markets. “Bitcoin Cash cannot be Considered as Bitcoin”…

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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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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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#UASF: Power to the Users?

Category: Bitcoin, Blockchain, Commentary

#UASF: Power to the Users?

When the miners display inertia, the users do it by themselves; the movement for BIP148, the user-activated soft fork, is gaining momentum. On August 1 the soft fork will activate. We explain what is behind the keyword #UASF. Suddenly things can happen quickly. Front and center in the Bitcoin community these days you see the promotion of #UASF, the User-Activated…

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SegWit-2MB: The Solution to the Block Size War – or the Submission of Bitcoin to Politics?

Category: Bitcoin, Blockchain, News

SegWit-2MB: The Solution to the Block Size War – or the Submission of Bitcoin to Politics?

Bitcoin developer Sergio Lerner has proposed a compromise, a 2MB hard fork with a SegWit soft fork. The developers are not overly enthusiastic, while some prominent members of the community are thrilled. In older times, when wars were not yet mechanized and digitized, the opposing parties made peace often just for the reason that they have become war-weary. The nations…

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Stormy Weather: How the Hard Fork Crisis Evolved Over a Weekend

Category: Bitcoin, Blockchain, News

Stormy Weather: How the Hard Fork Crisis Evolved Over a Weekend

Since March 17, the possibility of a Bitcoin Unlimited hard fork has not ceased to dominate the discussion in the Bitcoin community. From the statement of the exchanges to list Unlimited as another asset to BitClub mining a block signaling support for the alternative client – we provide the details on what happened. Wow. For Bitcoin journalists, the weekend beginning…

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Could a User-Activated Soft Fork Solve Bitcoin’s Scalability Challenge?

Category: Bitcoin, Blockchain, News, Tech

Could a User-Activated Soft Fork Solve Bitcoin’s Scalability Challenge?

How to address Bitcoin’s scalability issue has turned into a heated discussion in the Bitcoin community and no agreement has yet been reached. As it stands, it looks like no agreement will be achieved anytime soon, which is threatening bitcoin’s use as a payment network as the number of unconfirmed transactions is increasing, and micropayments are becoming increasingly difficult to…

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Exchanges Issue Contingency Plan in Event of Bitcoin Split

Category: Bitcoin, Blockchain, News

Exchanges Issue Contingency Plan in Event of Bitcoin Split

As the likelihood of a Bitcoin hard fork increases, a document published March 17 details a contingency plan that nearly 20 exchanges plan to be a part of in the event of a split in the Bitcoin network. Exchanges include ones with massive amounts of volume, such as Bitfinex, BTCC, Kraken, and ShapeShift, as well as some lesser-known exchanges. The…

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Ethereum’s Fourth Hard Fork, Criticisms on Security

Category: Commentary, Ethereum, News

Ethereum’s Fourth Hard Fork, Criticisms on Security

Ethereum has completed the execution of yet another hard fork. “Spurious Dragon” is the Ethereum network’s fourth hard fork to date and is expected to mitigate various DoS attacks targeting the network. Technically, the hard fork was a success. Ethereum developers state that general technical problems have been addressed and it is presumed to prevent more attacks on the Ethereum…

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