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Tag: hard fork

News Update: ZClassic and Anonymous Bitcoin

Category: Altcoins, Bitcoin, Blockchain, Commentary, News, Tech

News Update: ZClassic and Anonymous Bitcoin

IN May 2018, Anonymous Bitcoin (ANON) met one of their first deadlines and announced that Ran Neuner, one of the world’s most influential individuals in Crypto, would be their newest advisor. You can see him all summer long reporting for CNBC as the “Crypto Trader.” Ran’s expertise and following in the crypto-community is endless and continuously growing. The ANON team…

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ZCash “Overwinter” Upgrade is Coming, Sets the Groundwork for Further Substantial Developments

Category: Altcoins, Bitcoin, Blockchain, Business, News, Tech

ZCash “Overwinter” Upgrade is Coming, Sets the Groundwork for Further Substantial Developments

On June 26, 2018, privacy-centric protocol Zcash will undergo its first hard-fork. The upgrade is named “Overwinter” and takes place at block 347,500 assuming a hash rate of 150 seconds per block. Setting the Foundation According to a Zcash Foundation post on the development, the hard fork serves to fortify the protocol for additional upgrades to the network, including replay…

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What Is Bitcoin Private and Is it a Good Investment?

Category: Altcoins, Bitcoin, Blockchain, Cryptocyclopedia, News, Tech

What Is Bitcoin Private and Is it a Good Investment?

In the past twelve months, there have been a number of hard forks from the Bitcoin Blockchain. These forks have resulted in some altcoins bearing the Bitcoin brand name. While some forks have created altcoins with relatively high value, market penetration, and merchant adoption such as Bitcoin Cash (BCH), many have floundered and fallen into near nothingness. What Is Bitcoin…

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Coinbase Announces Support for Ethereum Classic

Category: Altcoins, Ethereum, News

Coinbase Announces Support for Ethereum Classic

In significant development, Coinbase was “pleased to announce” support for Ethereum Classic (ETC) “in the coming months.” Wind in ETC’s Sails The announcements come a time when ETC continues to perform well regarding market capitalization, with the announced bound to put more wind to its sails. At press time, ETC is trading at $14.41 after gaining 21.3 percent in last…

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Bitcoin Gold to Implement New PoW Algorithm Preventing Future 51 Percent Attacks

Category: Altcoins, Mining, News, Tech

Bitcoin Gold to Implement New PoW Algorithm Preventing Future 51 Percent Attacks

Bitcoin Gold (BTG) will switch to a new Proof-of-Work (PoW) algorithm after the recent 51 percent and double spending attack on the protocol. ASIC Miners to Face Unprofitable Times In an official announcement on June 4, 2018, the BTG organization laid out changes to their blockchain expected in the upcoming network upgrade to be accomplished via a “Hard Fork.” The…

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New Bitcoin Core Creators Praise Roger Ver as their Best Advocate

Category: Altcoins, Bitcoin, Business, Finance, News

New Bitcoin Core Creators Praise Roger Ver as their Best Advocate

Bitcoin was the first ever cryptocurrency, and its creation paved the way for hundreds and thousands of different digital currencies. In theory, it was an ideal currency as it promised fast transaction times, low processing fees and anonymity for the two parties involved in the transaction. In reality, however, things weren’t always so smooth. By mid-2017, the transaction times touched…

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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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