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# MIT News

A time capsule protected by a cryptographic puzzle, designed by Ron Rivest in 1999, was supposed to take nearly 35 years to be cracked. However, WIRED reported April 29, 2019, that nearly only 20 years later, on April 15, 2019, a self-taught Belgian programmer had solved the puzzle to open...
A non-profit group comprised of MIT and bay area academics, as well as hedge fund Pantera Capital was formed to develop a coin that can offer faster speeds of processing transactions than Bitcoin.   How to Make Unit-e More than a “Nice Idea” Teachers from Massachusetts Institute of Technology, Stanford...
Fidelity Investments is facing roadblocks on its way to being a digital currency player. While reports on June 5, 2018, suggested the institutional heavyweight is intent on building a cryptocurrency exchange, an additional report confirmed the firm’s closure of their much-celebrated cryptocurrency fund. Fidelity’s Cryptocurrency Exchange Push Fidelity has been...
May 25, 2018 by at Bitcoin, Blockchain, News, Tech
The Digital Currency Initiative (DCI), a cryptocurrency and blockchain-focused research community at MIT, are demonstrating an experimental use case in the backdrop of Bitcoin’s Lightning Network that would amalgamate smart contracts with the Bitcoin network to scale further. The Lightning Network is an open protocol layer that is built on...
February 22, 2018 by at Bitcoin, Commentary, News, Tech
The current whirlwind of hard forks such as Bitcoin Gold, Bitcoin Diamond, Bitcoin Cash and others have worsened the confusion about the very idea of Bitcoin and thus harming it in many ways. It is believed that many projects are unduly exploiting the liberal MIT open license which underpins Bitcoin's...
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