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Baltic Honeybadger 2017 • November 25-26, 2017

The Baltic Honeybadger conference is the first major event in Latvia dedicated to Bitcoin and the technologies built around it.…

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Tag: scaling

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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Vitalik Buterin Speaks Out Against Raiden ICO, Vows to Donate Advisor Proceeds to Charity

Category: Blockchain, Ethereum, News

Vitalik Buterin Speaks Out Against Raiden ICO, Vows to Donate Advisor Proceeds to Charity

Vitalik Buterin, the co-founder of Ethereum, has spoken out against the initial coin offering (ICO) of the Raiden Network and vowed to use his advisor shares in other ICOs only to fund open-source infrastructures and non-profit projects. “I’m announcing that 100 percent of my OmiseGo + Kyber Network advisor shares will be either donated to charity (AMF, GiveD, SENS etc)…

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SegWit Lock-In: What Does it Mean for Bitcoin?

Category: Bitcoin, Blockchain, News

SegWit Lock-In: What Does it Mean for Bitcoin?

On August 9, the highly-anticipated Segregated Witness (SegWit) protocol upgrade to the Bitcoin blockchain was officially locked in on block 479,707. While there is still a two-week waiting period before SegWit will be fully activated, the lock-in means that all bitcoin mining operations have to implement this update now or else they will have to give up their bitcoin mining…

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“I Think we should Demount these kind of Training Wheels, Step by Step.”

Category: Ethereum, Interviews, News

“I Think we should Demount these kind of Training Wheels, Step by Step.”

Christoph Jentzsch, co-founder of Slock.it and one of the leading Ethereum developers, spoke to BTCMANAGER about lessons from the DAO hack, the ICO hype and Ethereum’s plans to scale. Slock.it is a startup from Mittweida, a small town in Saxony, Germany. The startup aims to build an Universal Sharing Network, which runs almost solely on Ethereum’s smart contracts. After the…

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“Very simple. Very easy. Good.”

Category: Bitcoin, Commentary, News

“Very simple. Very easy. Good.”

At the Future of Bitcoin, the alleged Satoshi Craig Wright held a furious talk, which was interrupted by emergent eruptions of applause. What a show in Arnhem! In the conference room in Arnhem’s WTC few people really believe that Craig Wright is Satoshi. However, the man is an enigma. There might be a tiny chance, that he really is Satoshi,…

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Understanding Block Weight: How much Capacity does SegWit really Give?

Category: Bitcoin, Blockchain, News

Understanding Block Weight: How much Capacity does SegWit really Give?

With SegWit2x we’ll soon experience the activation of SegWit. Block size will be replaced by block weight, transactions capacity will be increased, and fees will fall. But how exactly and to what scope is not an easy question. In recent weeks the public argument shifted from the question, if SegWit should be activated, to the question of how and when…

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Coming to your Altcoin soon: Lack of Capacity Causes Congestion on Ethereum

Category: Blockchain, Ethereum, News

Coming to your Altcoin soon: Lack of Capacity Causes Congestion on Ethereum

The problem is well known for Bitcoin; there are more transactions than miners can confirm. Now the shortage has reached Ethereum. Especially after popular ICOs, like Status’, the transaction volume is far beyond the network’s capacity. This problem could be easily solved. The miners, however, resist. Actually, Status is not much more than an Ethereum wallet for a mobile system….

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Chinese Exchanges to Lessen Bitcoin Fees by Building Lightning-Like Tech

Category: Bitcoin, Blockchain, Finance, News

Chinese Exchanges to Lessen Bitcoin Fees by Building Lightning-Like Tech

On June 3, an insider source told Chinese cryptocurrency news agency CnLedger that two of the largest Chinese bitcoin exchanges Huobi and OKCoin are currently working on the development of an off-chain payment channel similar to the Lightning network to lower transaction fees. CnLedger reported: “Chinese exchanges Huobi and OKCoin are working on building a Lightning Network-like channel, to lower…

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UASF: The Revolt that Will Not Happen

Category: Bitcoin, Blockchain, Commentary, News

UASF: The Revolt that Will Not Happen

The User-Activated Soft Fork (UASF) wants to enforce SegWit against the will of the miners. After the movement had gained a growing momentum, it had to gulp serious drawbacks in the past weeks. Neither exchanges, miners nor Core developers stand behind it. Is this the end of the self-declared user’s revolt? Basically, the whole UASF story is about the question…

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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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