Talking About Decentralization Is Easy – Achieving It Is Hard

Browsing the latest cryptocurrency projects, it would be easy to conclude that decentralization is a panacea; a cure for humanity’s financial woes. It must be, surely, given that it’s a key tenet of every other new cryptocurrency and ICO. Without the gospel of decentralization, there would be no point in launching a blockchain version of … Read more

Bitcoin.org Owner Asks the Community to Change Bitcoin’s Central PoW Algorithm

This week the owner of the web portal Bitcoin.org and Bitcointalk, a pseudonym called Cobra wrote an open letter to the bitcoin community asking them to think about changing the Bitcoin core network’s Proof-of-Work algorithm. Also read: Ross Ulbricht Denied Post-Conviction Relief Extension Bitcoin.org Owner ‘Cobra’ Says Bitcoin Mining Is Controlled By One Man and His … Read more

Someone Is Using Theymos’s Name to Sell BitcoinTalk Accounts on PasteCoin

Although cryptocurrency users like to complain about the Bitcointalk forum, it is still a very popular and powerful platform. A lot of interesting discussions regarding Bitcoin and various altcoins can be found there these days. Because of the popularity of this site, there’s also an increasing demand for older user accounts. They give users special privileges … Read more

Crypto Companies Cashing in on the Name of Bitcoin’s Founding Fathers

Bitcoin is a powerful brand. Even uttering its name – or that of its underlying technology, blockchain – can be enough to revive tired companies and send stock prices soaring. But Bitcoin isn’t the only name strategically deployed for marketing purposes: companies are also shamelessly cashing in on the name of the cryptocurrency’s founding fathers. … Read more

EOS Has a $1 Billion War Chest – But Will Dan Larimer Stick Around Long Enough to Enjoy It?

On paper, EOS is a $6 billion company and the 14th largest cryptocurrency project in the world whose token changes hands for $10 a pop. It has raised over $700 million to date in the world’s longest running ICO, which began last June. By the time it’s done, the company, led by Dan Larimer, will … Read more

Electrum Moves to Patch Bug That Left Thousands of Bitcoin Wallets Exposed

Popular wallet developer Electrum has issued an emergency patch for a critical bug in its bitcoin wallets. The flaw allowed any website hosting the Electrum wallet to potentially steal the user’s cryptocurrency. A vulnerability meant that passwords were exposed in the JSONRPC interface, granting hackers complete control of the wallet. The first patch failed to … Read more