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Tag: hard fork

Analyzing a Scam Coin: Skycoin (Is it a Scam or Not?!)

Category: Altcoins, Business, News, Tech

Analyzing a Scam Coin: Skycoin (Is it a Scam or Not?!)

Scams are unfortunately commonplace in the cryptocurrency world and can be attributed to the lack of regulation that has plagued the sector for the last nine years. This article will serve as a how-to approach for analyzing a coin while also implementing this approach on a specific coin, Skycoin. Skycoin is one of many currencies with little purpose with definite…

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Y-Piece for e-Chat: Which Way to Take?

Category: Blockchain, Ethereum, News, Press Releases, Tech

Y-Piece for e-Chat: Which Way to Take?

Not so long ago, the e-Chat team (e-Chat is a blockchain-based messenger) took up the matter with their investors if they should launch an Ethereum network fork or not? If not, they keep up according to the roadmap of e-Chat development. Why did such a question even arose? Why have forks become so popular nowadays? The changes e-Chat is facing…

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Why SegWit2X Failed to Gain Traction and Become a Reality

Category: Bitcoin, Blockchain, Commentary, Mining, News

Why SegWit2X Failed to Gain Traction and Become a Reality

  Bitcoin was scheduled to undergo a hard fork sometime in early November 2017, with the event resulting in two separate cryptocurrencies, one being the original bitcoin and the other commonly referred to as SegWit2X. Eventually, the fork was called off due to shrinking support and the critics. The Venn Diagram of Hard Forks and Block Size On August 1,…

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Bitcoin Candy Hard Fork Mined

Category: Altcoins, Mining, News

Bitcoin Candy Hard Fork Mined

When Bitcoin Cash broke away from Bitcoin through a hard fork back on August 1, 2017, many bitcoin exchanges, enthusiasts and cryptocurrency analysts were of the opinion that the new fork would amount to nothing. But to the surprise of many in the crypto space, Bitcoin Cash stood its ground, and several exchanges even began listing the coin. Just a…

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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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