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In the cryptocurrency industry, most of the trading occurs on exchanges. Or at least, that is what the overall statistics would indicate. Since coin-tracking sites do not keep tabs on OTC, P2P, or other types of non-centralized trading, there is a lot more to this industry than meets the eye at first. Add in the … Read more
On Tuesday, Jan. 29, Bitcoin Cash developer Mark Lundeberg revealed two planned features for the scheduled May 2019 BCH upgrade. In the gist published to Github, Lundeberg described a specific improvement that’s been discussed by cryptocurrency developers for years — implementing Schnorr signatures in place of ECDSA signatures. This could upgrade the BCH chain to … Read more
Centralized exchanges are a common security concern in the cryptocurrency ecosystem. As a single point of failure they can be strong-armed by governments, routinely targeted by hackers, or operators could pull an exit scam and elope with client funds. Despite these risks, they dominate cryptocurrency trading volumes. A new solution promises to enable trade to … Read more
In today’s edition of The Daily we cover an ethereum wallet that’s added support for bitcoin cash, a deal that grants access to accepting payments in cryptocurrency to over 35,000 merchants, and the latest advancement in cross-chain atomic swaps. Also Read: Banking Agency Advises European Commission to Assess Common Crypto Approach Trust Wallet Adds Bitcoin … Read more
There’s a new exchange system under development called Zigzag.io, an app that allows users to swap bitcoin core for other digital assets like bitcoin cash, dash, and ethereum over the Lightning Network. The beta application is currently available to test cryptocurrency trades as the project launched on the main-network during the first week of September. … Read more
A lot of interesting things tend to happen in the world of cryptocurrency every single month. Looking back in history, the Dogecoin project has become subject to a lot of excitement regarding atomic swaps. The following three examples show there is a future for Dogecoin outside of being a meme currency. #3 Komodo-DOGE Success The … Read more
This week an individual revealed he had completed the first trustless swap by trading on-chain bitcoin cash (BCH) for off-chain bitcoin core (BTC) using Alex Bosworth’s submarine swap protocol. Also read: Illegal Activity No Longer Dominant Use of Bitcoin: DEA Agent On-Chain Bitcoin Cash Submarine Swapped for Off-Chain BTC The decentralized cryptocurrency bitcoin cash (BCH) was … Read more
The Lightning Network is one of the biggest current developments for Bitcoin. It is a layer-two scaling solution which will introduce a lot of new opportunities. Making this technology more accessible is not easy, even though DMG Blockchain Solutions is looking into ways to improve the Lightning protocol. Harnessing the Power of Lightning In the … Read more
The method of atomic swap trading within the cryptocurrency space has become a hot subject, and a few software development teams have been working on this type of cross-chain technology. One group is Komodo, the creators of the decentralized exchange ‘Barterdex.’ The trading platform reveals a total of 90,663 successful atomic swaps have been executed … Read more
In the cryptocurrency market today, there’s a wide variety of investors. But it wasn’t always like that. Between 2010-2016, the landscape was pretty uncomplicated. On a high level, there were only two distinct categories: 1, The ones who measured their wealth in fiat; 2, The ones who measured their wealth in bitcoin. Also read: Meet the TA … Read more
