New Betting Game Allows People to Wager on BTC’s Next Block Fee

Bitcoin core (BTC) prices have been rising sharply over the last few weeks and people have also noticed BTC transaction fees have spiked as well. Now there’s a new gaming site called Guess Bitcoinfees allowing people to bet on the 24-hour average transaction fee for the next day and the site pays out jackpots in … Read more

Mempool ‘Spam’ and Rising Fees: The Consequences of Veriblock’s Mainnet Launch

Last month the Veriblock testnet represented more than 30 percent of BTC’s network transactions but the project took a hiatus before launching the protocol’s mainnet. When the project stopped, the BTC network’s mempool dropped, transactions per day were cut in half, and fees slightly dipped. However, since the mainnet launch of the Veriblock blockchain, the … Read more

Stress Test & Big Blocks: BCH Network Confirms 2M Transactions in 24-Hours

On September 1, 2018, the Bitcoin Cash (BCH) network was put to the test as BCH proponents flooded the mempool with millions of transactions over the last day. According to statistics during the last 24-hours, BCH miners have processed over 2 million transactions so far and the Stress Test Day is still not over. Also … Read more

BCH Stress Testers Will Put Pressure on the Network in Two Weeks

On September 1, 2018, Bitcoin Cash ecosystem participants have plans to conduct a network stress test which will involve individuals and groups sending millions of transactions throughout the course of one day. With the BCH stress test day approaching soon, BCH proponents have been testing sending large amounts of small transactions at one time and … Read more

The Bitcoin Cash Network Processed 687,000 Transactions on August 1st

Over the last day, BCH proponents have been celebrating the ‘Bitcoin Cash Independence Day’ which marks the anniversary of the August 1 blockchain split that took place a year ago. During festivities, the BCH community sent a ton of transactions over the course of the day and on August 1, 2018, the Bitcoin Cash network … Read more

Flash Transfer: Bitcoin Hodlers Dumped $30 Billion Since December

Leading crypto research firm, Chainalysis, revealed staggering wealth transfer numbers, as reported by legacy news outlet Financial Times, concerning bitcoin core (BTC). From its price high in December of last year through April of 2018, BTC hodlers (supposed longer term investors) dumped $30 billion onto the market, shedding about half their collective positions just in … Read more

100+ Coders Gather in China to Build Apps Tied to the Bitcoin Cash Network

On June 1-3, 100+ coders gathered together for the ‘BCH Geek’ in Hangzhou, China, an event that focused on developers creating BCH-based apps in order to make “bitcoin cash available to all.” According to regional reports, the event was quite successful and there were a lot of cool applications built specifically to enhance the BCH … Read more

Mini-POS Launches Zero Confirmation Bitcoin Cash Point-of-Sale Terminal

Just recently a development team from the UK has created a bitcoin cash (BCH) point-of-sale server which allows brick and mortar merchants to accept BCH as a form of payment in-store. The startup has started an initial pre-sale, and BCH Mini-POS devices will begin shipping this summer. Also read: Québec Premier: We’re Not Really Interested in … Read more

Bitcoin Cash Miners Process Big Blocks Past 24h – Volume Approaches Litecoin

About 24-hours ago bitcoin cash (BCH) miners were processing a ton of large blocks between 2-8MB in size. Fees have remained considerably low, and the bitcoin cash daily transaction volume is nearing the same amount of transactions as the litecoin network. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bitcoin Cash Miners … Read more

Microsoft Has Stopped Accepting Bitcoin Deposits

Cryptocurrency users are used to seeing more and more adoption of the instruments by companies. From time to time there are setbacks however, like Microsoft now reversing its previous bitcoin position. Also Read: Is Bitpay Bullying Other Bitcoin Wallets and Hurting Users’ Privacy? Microsoft’s About-Face on Bitcoin Technology giant Microsoft (NASDAQ:MSFT) has canceled a previous … Read more