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On Oct. 31, 2008, at 2:10 p.m. EDT, the creator of the Bitcoin network, Satoshi Nakamoto, announced the publication of the protocol’s whitepaper using a Vistomail email address. It’s now been 10 years to the day since Satoshi’s idea was first revealed to the world — an idea that unleashed the first pure peer-to-peer version of … Read more
Bitcoin core is poised to make its Ethereum debut. An initiative involving several decentralized exchanges (DEXs) as well as crypto-custodians Bitgo will see BTC become WBTC, with the W standing for “wrapped.” When WBTC launches in January 2019, it will enable ethereum-based bitcoin to be traded on DEXs, boosting liquidity and opening the Ethereum ecosystem … Read more
After a slew of new applications released over the last six months, on Oct. 24 the software developer Unwriter published another platform for the BCH ecosystem called Bitsocket; a real-time application program interface (API) for Bitcoin Cash. Essentially Bitsocket compliments Unwriter’s Bitdb ‘pull’ based API with a ‘push’ based infrastructure for transactions on the Bitcoin … Read more
Ellipal is one of the lesser-known names in the hardware wallet game. The Hong Kong-based company is on the rise, however, propelled by the success of its flagship device, “The Cold Wallet 2.0.” The smartphone-like device promises all the functionality of a Ledger or Trezor wallet, but without the need to ever connect to the web. … Read more
On Wednesday, a developer called Tendo Pein announced the launch of a new smart contract programming language for the Bitcoin Cash network. Pein said “Spedn,” a BCH-based language, is designed for explicitness and safety while having a syntax similar to the C programming environment. Also read: BCH Devcon Streamlines Bitcoin Innovation in San Francisco High-Level BCH … Read more
After delivering 10nm semiconductor technology, the electronics giant Samsung has announced the firm’s foundry has started production of its EUV-based 7nm LPP process. Lately, Bitcoin mining rig manufacturers have added more pressure to the significant global demand for high-performance chips. At the moment there are only a couple of foundries producing them. Also Read: Bitmain Offers … Read more
When you’re trading digital assets, speed matters — particularly so if you’re engaged in high-frequency trading, when every millisecond counts. Executing orders a fraction of a second ahead of the market can mean the difference between profit and loss. New data reveals which cryptocurrency exchanges are the fastest — and which are struggling to keep … Read more
Bitcoin mining has been criticized by mainstream media, environmentalists and some economists for its energy consumption deemed excessive. Yes, the proof of work system burns a lot of electricity but does the planet suffer from deficit? Here’s a look at an interesting aspect of nuclear power generation – it turns out the wasted capacity of … Read more
On Oct. 13, ethical hacker “Geocold” followed through on his promise to 51 percent attack an altcoin. He eventually settled on Bitcoin Private (BTCP), and quickly gained majority hashrate control, but the spectacle was fraught with setbacks, including censorship from two streaming services that pulled the plug. Also read: Mischief-Maker Promises to Livestream a 51% … Read more
“On Oct 13, 3:00 CDT I will be doing a 51% attack against the cryptocurrency Einsteinium,” began the call-to-arms. As promises go, this one was as bold as it was brazen. The anonymous attacker has promised to assume majority hashrate control of an altcoin to demonstrate how easy the process is. As proof, they’ve not … Read more
