Without More Bitcoin Transfers, Miner Revenue and Network Security Could Crumble

Bitcoin miners are confronting a perfect storm of falling revenue and dwindling network activity, raising concerns about the blockchain’s long-term security. Bitcoin’s Transaction Drought Daily bitcoin (BTC) transactions have dropped to their lowest levels since late 2023, leaving the mempool—the queue of unconfirmed transactions—unusually empty. This decline has slashed transaction fees, which now barely contribute … Read more

Bitcoin Facing Potentially Destructive ‘Vampire Attack’ by Third Parties

Duo Nine, the founder of YCC, alerted others about an ongoing vampire attack on Bitcoin, which Satoshi Nakamoto foretold in the Bitcoin whitepaper. Nine explained that the inclusion of third parties siphoning value from the Bitcoin blockchain to other blockchains might affect its operability in the future. Bitcoin Facing Troublesome Vampire Attack Foretold by Satoshi … Read more