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Tag: User Activated Soft 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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#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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Could a User-Activated Soft Fork Solve Bitcoin’s Scalability Challenge?

Category: Bitcoin, Blockchain, News, Tech

Could a User-Activated Soft Fork Solve Bitcoin’s Scalability Challenge?

How to address Bitcoin’s scalability issue has turned into a heated discussion in the Bitcoin community and no agreement has yet been reached. As it stands, it looks like no agreement will be achieved anytime soon, which is threatening bitcoin’s use as a payment network as the number of unconfirmed transactions is increasing, and micropayments are becoming increasingly difficult to…

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