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Bitcoin Gold’s Confusing Mainnet Launch Has a Rough Start

Bitcoin Gold's Confusing Mainnet Launch Has a Rough StartOn November 12, the Bitcoin Gold network went live at 4 pm EDT according to the team’s blog page and Slack channel. The controversial project currently has a full node client, but public mining didn’t start until private miners reached block height 499407. Also read: Swedish Pirate Rick Falkvinge Brings Humor and Profundity to Bitcoin Cash […]

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November 13, 2017 0

Japan Teaches Western Governments a Lesson in Cryptocurrency Regulation

Japan Teaches Western Governments a Lesson in Cryptocurrency RegulationBitcoin is a phenomenon that provokes conflicting emotions in people. Fear. Excitement. Elation. Doubt. For governments tasked with regulating every new thing that comes along, be it the motor car or the internet, bitcoin presents a conundrum. How to regulate such a seemingly unregulatable creation? While many western governments have reached for the button marked […]

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November 13, 2017 0

Why Aren’t There More Women in Bitcoin?

Why Aren’t There More Women In Bitcoin?Take a look around the crypto community, both in meatspace and online, and it would be fair to say that the majority of participants are male. This is borne out in a recent survey of 2,000 Americans which shed light on the makeup of the bitcoin space, highlighting a stark gender divide. In fact Google […]

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November 13, 2017 0

Sberbank Apologizes for Buying Nearly All Graphics Cards on the Russian Market

Russia has been suffering from a shortage of graphics cards that can be used to mine cryptocurrencies, causing their prices to almost double. However, it was not ordinary households that purchased most of these cards. State-owned Sberbank has come forward, admitted to buying them, and apologized for causing the shortage. Also read: Bitcoin-Based Ethereum Rival RSK […]

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November 12, 2017 0

Bitcoin Gold Plans to Launch its Network on November 12

Bitcoin Gold Plans to Launch its Network on November 12The fork called “Bitcoin Gold” (BTG) has been quite the mystery since it announced its plans to fork the Bitcoin network and change the currency’s consensus algorithm. According to the team, the fork took place on October 25, and the network was supposed to start on November 1. However, BTG developers didn’t finish the project’s […]

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November 10, 2017 0

Bitcoin Cash Surges as Businesses Abandon Legacy BTC

Bitcoin Cash Markets Surge As the Pending Hard Fork ApproachesBitcoin cash is enjoying a new lease of life as major figures throw their weight behind the chain. In the wake of the abortive Segwit split, neither bitcoin nor B2x has prospered, with the latter failing to materialize and the former dropping below $6,800 for the first time in 10 days. BCH, meanwhile, hit $866 […]

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November 10, 2017 0

Bitcoin’s Encryption Could be Broken by 2027, Claim Singapore Quantum Experts

Bitcoin’s Encryption Could be Broken by 2027, Claim Singapore Quantum ExpertsKey protocols securing technology undergirding bitcoin are “susceptible to attack by the development of a sufficiently large quantum computer,” researchers mostly from Singapore claim in a recently-released paper, Quantum attacks on Bitcoin, and how to protect against them (Quantum), made available through the Cornell University Library. Also read: Is Bitcoin at Risk as Google and […]

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November 10, 2017 0

Bitcoin Cash Markets Remain Resilient As the Network’s Upgrade Approaches

Bitcoin Cash Markets Remain Resilient As the Network's Upgrade ApproachesIt’s been a crazy week for cryptocurrency enthusiasts as the digital asset ecosystem is still reeling over the canceled Segwit2x fork that was expected to take place on the Bitcoin network next week. Over the course of the past few weeks leading up to the planned 2MB Segwit2x hard fork, Bitcoin Cash (BCH) markets have […]

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November 9, 2017 0

With Segwit2X Called Off, Crypto Developers Get Back to Work

With Segwit2X Called Off, Crypto Developers Get Back to WorkOver the past few weeks, a fog of uncertainty over bitcoin’s direction has forced a number of crypto projects to grind to a halt. Everything from blockchain development to token generation events has been on ice while the machinations surrounding the Segwit2X hard fork played out. Following yesterday’s news that the proposal had been abandoned, […]

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November 9, 2017 0

Closing the Curtains On Segwit2x and the Following Aftermath

Closing the Curtains On Segwit2x and the Following AftermathIn less than eight days Bitcoin network market participants were ready for the planned Segwit2x fork, canceled yesterday. Now cryptocurrency proponents everywhere are expressing opinions about the Segwit2x plan in general, and the working group’s decision to give up on forking the protocol. Also Read: Openbazaar Sees a Variety of New Vendors After Privacy Enhancements Segwit2x: […]

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November 9, 2017 0