A New Second Layer: Channel Factories

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

Bitcoin Fees Are Falling Amidst Greater Segwit Adoption

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

What Is Bolt?

Scaling cryptocurrencies has been a very problematic endeavor for most of 2017. In fact, it has been a problem ever since Bitcoin was created but only became more apparent in recent years. While most people are waiting for the Lightning Network to arrive, there’s another possible solution on the horizon. Bolt allows people to conduct … Read more

Coinbase Accused of Technical Incompetence After Hoarding Millions of UTXOs

The Coinbase development team has been accused of “technical incompetence” after amassing millions of UTXOs through careless housekeeping. Unspent Transaction Outputs, or UTXOs, are the change that’s left after sending a bitcoin payment. Wallet providers are supposed to sweep these crumbs up and bundle them in with future transactions. Coinbase, it transpires, has been hoarding … Read more

‘7 Million Transactions a Second’ — Research Paper Declares 1TB Blocks Feasible

This week a research paper was published by the founder of Lokad, a quantitative supply chain software company, and it details how terabyte blocks (TB) implemented into the bitcoin cash (BCH) blockchain could be “feasible both technically and economically.” Also Read: Thomson Reuters Adds Bitcoin Cash to Eikon Platform Research Paper Describes How Terabyte Blocks … Read more

Bitcoin Fees Have Become Infeasible

In 2013, one bitcoin cost $20. In 2017, it costs $20 to send one bitcoin. With record highs, thriving adoption, and media attention, this should be a celebratory time for bitcoin believers. And yet it’s hard to shake the feeling that something isn’t quite right. How did we reach a point where the world’s bank … Read more

Kik Ditches Ethereum “The Dial-Up” Cryptocurrency

Ethereum is often promoted as the ultimate solution for decentralized apps, with some even claiming that it will be the substrate for developing all software in the future. This grand vision is in conflict with current reality however where ethereum now can’t even hold onto one of its biggest mainstream adopters, Kik. Also Read: Israeli … Read more

Trading Column `The Writing On The Wall´ – Strategies for 2018; Hodl or Diversify?

This is a weekly trading tips series called ’Writing On The Wall’, in which our game theory guide, Eric Wall, tries to decipher market signals. This week, strategies for 2018; 2017 has been an absolutely insane year for crypto. For traders, it’s been packed with an endless myriad of opportunities and little time to properly … Read more