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In my last article, I explained how to prove ownership of a specific address by signing a message with a public and private key pair. That’s just one way of proving ownership and verifying a valid signature, as BCH users can also anchor a document to the chain using the Bitcoin Cash protocol’s Script language. … Read more
Bitcoin is an amazing form of money and the technology Satoshi created has incredible potential. However, most people don’t realize that the blockchain not only allows for a great medium of exchange, but it also provides the means for creating notarized proofs. The following walkthrough aims to show anyone how to prove they own a … Read more
On April 8, the Chinese mining rig manufacturer Bitmain Technologies unveiled the specifications for the company’s latest Antminer 17 series. The firm claims the three new bitcoin miners command a hashrate of over 50 trillion hashes per second (TH/s) which outpaces nearly all top machines today. Also read: Uyen T Nguyen: The Powerful Young Woman … Read more
Cryptocurrency supporters have been discussing an early version of the original Bitcoin source code that surfaced this week. An old forum post and mailing list letter written by Satoshi suggests there was a private version of the code distributed to a few people before the launch of the network on Jan. 3, 2009. Also Read: … Read more
Bitblock Capital has published an alternative mining valuation model for BTC. The company has published a report that examines data from July 2016 to Dec. 2018 that seeks to “explain the relationships between [BTC] price and its intrinsic value” using the model. Also Read: Google Play Store Forces Samourai Wallet to Remove Security Features Bitblock Capital … Read more
Over the last 12 hours, cryptocurrency supporters across the globe have been celebrating the 10-year anniversary of the Bitcoin genesis block which was mined at approximately 18:15:05 UTC. Die-hard crypto enthusiasts believe the software released by the anonymous creator Satoshi Nakamoto has forever changed the way people look at money, and that the technology’s effect … Read more
Over the past few months, Bitcoin Cash developers have been creating applications that are similar to social media and forum platforms like Reddit, Facebook, and Twitter. Anyone in the world can use these Bitcoin Cash-powered applications such as Memo, Blockpress, Keyport, and Matter which offer censorship-resistant versions of these social media giants. Also read: Facebook Purge … Read more
According to Fundstrat analyst Sam Doctor, it appears Bitcoin Core (BTC) hashpower has doubled since just before the start of summer. That figure is impressive considering the lingering and deep bear market. “Even with upgrades to existing equipment, implies almost 1GW of new power consumption vs 5.2GW in May ’18m” Mr. Doctor tweeted. “Breakeven now … Read more
00000000000000000021e800 – that’s 18 zeros followed by 21e8 and another two zeros – doesn’t look particularly remarkable. Nor does 00000000000000000021e800c1e8df51b22c1588e5a624bea17e9faa34b2dc4a, which is the complete hash it’s associated with. And yet this series of numbers and letters has sent the cryptosphere into overdrive, sparking talk of quantum computing breakthroughs, time travel, Satoshi’s return, and the hidden … Read more
The cryptocurrency economy is nearing the end of 2018’s fifth month after a spectacular year of bullish prices throughout 2017. The past five months have been incredibly bearish as far as market values are concerned but the processing power of digital assets, particularly SHA-256 cryptocurrencies, continues to increase exponentially. Today SHA-256 miners makeup on of … Read more
