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Blockchain & Cryptocurrency Con 2018 • February 23-24, 2018

The blockchain technology is much more than Bitcoin and mining and trading cryptocurrencies. It can be leveraged in a wide…

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Tag: scaling

Bitcoin, Lightning, Channel Factories: Will It Really Work?

Category: Bitcoin, Blockchain, Commentary, News

Bitcoin, Lightning, Channel Factories: Will It Really Work?

Channel factories are an optimization feature for the Lightning Network, a popular scaling solution for Bitcoin which is currently still in beta with no exact launch date but is expected to be rolled out in 2018. The Lightning Network could allow Bitcoin to scale to 500 million users by using the blockchain’s built-in scripting language to create off-chain payment channels…

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Ethereum Co-founder Announces Subsidy for Solutions to the Scalability Issue

Category: Ethereum, News

Ethereum Co-founder Announces Subsidy for Solutions to the Scalability Issue

Vitalik Buterin, the co-founder of Ethereum, announced on January 2, 2018, that the Ethereum Foundation would be offering two subsidy initiatives that will compensate those willing to dedicate their time and resources to come up with solutions to the ongoing scalability issue that is currently negatively affecting the cryptocurrency ecosystem as a whole. In the blog post, Buterin states that…

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Plasma Like Protocol will save Ethereum from Cryptokitties: Lightning-fast transactions at zero gas cost

Category: Ethereum, ICO News

Plasma Like Protocol will save Ethereum from Cryptokitties: Lightning-fast transactions at zero gas cost

The overwhelming popularity of cryptokitties developed into an unexpected problem; numerous operations in the game (20 percent of the total volume on the Ethereum network) have greatly decreased transaction speed, sometimes even making them outright impossible. While this may seem amusing, the situation did pose a significant problem before the crypto-community – how to “unburden” the network, increase transaction speed…

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Bitcoin’s Usefulness for Payments is Rapidly Decreasing, But Maybe It’s Not a Bad Thing

Category: Bitcoin, Commentary, News

Bitcoin’s Usefulness for Payments is Rapidly Decreasing, But Maybe It’s Not a Bad Thing

As a means of payment in everyday online shopping, bitcoin has become a disaster, after it failed to scale with demand. As a digital gold or a new asset class, however, Bitcoin performs excellently. Maybe we can close the case, as to what Bitcoin really is. If you tried to pay something worth less than $100 with bitcoin in the…

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New Progress on Casper: “Replacing PoW Completely is the next step”

Category: Blockchain, Ethereum, News

New Progress on Casper: “Replacing PoW Completely is the next step”

On December 13, a video concerning the progress regarding Casper, Ethereum’s next big update, surfaced online revealing some promising new information regarding the status of the upgrade. The video, titled “[Updated] Ethereum PoS: Casper FFG In Depth],” talks about the current state of Ethereum, what Casper would change in Ethereum, and how it would benefit the network. Further along in…

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On the Shoulder of Giants: Lightning Network Protocol 1.0

Category: Bitcoin, Blockchain, News

On the Shoulder of Giants: Lightning Network Protocol 1.0

“If I have seen further it is by standing on ye shoulders of Giants.”— Isaac Newton, 1675 On December 6, 2017, Lightning Developers, a medium.com publisher representing the three main parties (ACINQ, Blockstream, and Lightning Labs) that together are building the Lightning Network protocol, announced that Lightning Protocol 1.0 is operational. All tests were passed, and the first multi-client Lightning…

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Bitcoin’s History Predicts its Future

Category: Bitcoin, Commentary, News

Bitcoin’s History Predicts its Future

As we hurtle towards the end of another year, the breakout story has nonetheless been bitcoin’s meteoric rise. Not only has the digital currency moved from $1,000 to a little over $11,000, but a wake of innovation has followed closely behind. Initial Coin Offerings, respective regulations, proposed national cryptocurrencies, scams, and revolutionary technology have made up an extremely dynamic sector….

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Scaling Kitties on Ethereum

Category: Blockchain, Ethereum, News

Scaling Kitties on Ethereum

In the past few days, Ethereum broke another record; it traded more than one million Kitties – and reached a new transaction peak of 700,000 a day. Ethereum is knocking on capacity limits, and scaling solutions are desperately needed. Last week the world’s first successful non-monetary blockchain application was born. It is about buying, breeding, and trading kitties. CryptoKitties is…

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Bitcoin Cash: ABC and BU Announce Roadmap for 2018

Category: Bitcoin, Blockchain, News, Tech

Bitcoin Cash: ABC and BU Announce Roadmap for 2018

The different developer teams of Bitcoin Cash met in London. The two most important, ABC and Unlimited, presented their roadmap for the mid-term future. In the roadmap, you find exciting, but sometimes daring goals. Seven teams of developers came together in London, to talk about the future of Bitcoin Cash; Bitcoin ABC, Bitcrust, Bitprim, Bitcoin Unlimited, ElectrumX, nChain, and Parity….

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Litecoin Creator Charlie Lee: Coinbase Will Likely Choose Bitcoin Over SegWit2x

Category: Bitcoin, Blockchain, Commentary, News

Litecoin Creator Charlie Lee: Coinbase Will Likely Choose Bitcoin Over SegWit2x

On October 3, Litecoin creator and former Coinbase executive Charlie Lee revealed that he has officially advised the Coinbase development team to maintain the “BTC” and “Bitcoin” moniker for the original Bitcoin blockchain in case the SegWit2x hard fork occurs in November as planned. For many years, Lee has served Coinbase as the director of engineering and the head of…

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