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There’s never a bad time to be sending and receiving bitcoin, but right now is especially good. Fees are at the lowest in 18 months, with the average transaction value now under a dollar. This contrasts starkly with the latter quarter of last year, when rising fees peaked at $34. There’s a primary reason why … Read more
There have been a lot of interesting discussions regarding the scaling of blockchain technology. So far, a lot of progress has been made in this regard, even though it seems there is no perfect solution in place. According to research by Microsoft, on-chain scaling is best seen as a temporary solution, but in the long … Read more
After the successful ‘Satoshi’s Vision Conference’ held in San Francisco in 2016, and last year’s ‘The Future of Bitcoin’ event in Arnhem, the Bitcoin Unlimited team is hosting another conference this year in Tokyo, Japan. Satoshi’s Vision Conference Tokyo will be held on March 23-25 and aims to bring cryptocurrency luminaries, the brightest developers, business … Read more
Scaling Bitcoin has been a topic of substantial debate for quite some time now. When Bitcoin Cash came around, it almost seemed as if these problems would be put to rest once and for all. With its on-chain scaling approach, BCH is the most functional version of Bitcoin right now. In fact, it seems we … Read more
Scaling problems that have been sporadically affecting the Ethereum network have resurfaced. While bulls and bears were battling it out in the markets, the Ethereum blockchain was fighting to restore some semblance of normal service. The congestion forced a number of exchanges to halt withdrawals, with one going so far as to advise customers to … Read more
On January 15 the cryptocurrency media outlet and blockchain company Coingeek owned and operated by the financial tycoon Calvin Ayre announced funding an initiative called the ‘Terab Project’ with 3.6 million euro. Coingeek alongside its partners Nchain and Lokad, plan to massively scale the bitcoin cash blockchain to terabyte (1 million MB) size blocks which could … Read more
Existing cryptocurrencies and digital assets need to keep upgrading their core software at all times. In the case of Ripple and XRP, a new Rippled client has been released. Version 0.81.0 introduces some big changes to improve overall scalability as well as a new recommended validator configuration. Users are advised to upgrade to this new version as … Read more
RSK Labs has finally mined its genesis block and formally launched its long-awaited Bitcoin-based smart contract platform and sidechain on the mainnet. While still in beta with limited distribution, the new RSK sidechain is expected to offer significant scaling benefits to the Bitcoin network. News.Bitcoin.com caught up with CEO Diego Gutierrez Zaldivar to find out … Read more
Lately, there’s been a lot of discussion about a new concept called ‘Channel Factories.’ The technology ultimately makes the Lightning Network (LN) a ‘third layer’ and a ‘new layer’ rests in between the bitcoin blockchain and LN payment channels. Also read: Peter Thiel, Bitcoin Astronaut, Moves Markets with Crypto Moonshot Channel Factories: Adding Another Layer … Read more
Transaction fees, a bugbear for many in the bitcoin community, are on their way down. Spiraling fees were a contentious issue that reached fever pitch in the twilight of 2017. But with the dawn of a new year, bitcoin has been blessed with reduced fees, set against a backdrop of increased Segwit adoption. Also read: … Read more
