Tag: Blockchain

A New Bitcoin World

The Risks of Segregated Witness: Problems under Evidence Laws

The Risks of Segregated Witness: Problems under Evidence LawsBy Jimmy Nguyen Chief IP, Communications & Legal Officer – nChain Group The bitcoin community still debates whether Segregated Witness will help the network’s scalability or will instead create more problems.  As I have previously written, SegWit raises legal questions because it would enable full digital signature (witness) data to be dropped from the transaction […]

The post The Risks of Segregated Witness: Problems under Evidence Laws appeared first on Bitcoin News.


September 12, 2017 0

Project to Subsidize Electricity Costs to Cryptocurrency Miners Underway in Russia

Project to Subsidize Electricity Costs to Cryptocurrency Miners Underway in RussiaThe preparation of a pilot project is underway in Russia to subsidize electricity costs to cryptocurrency mining farm owners, according to local publications. Meanwhile, interest in bitcoin, ether, and mining have been growing significantly this year. Also read: Russia Discusses Starting Cryptocurrency Mining With Its 20+ Gigawatt Surplus Pilot Project Benefiting Cryptocurrency Miners The Institute for […]

The post Project to Subsidize Electricity Costs to Cryptocurrency Miners Underway in Russia appeared first on Bitcoin News.


September 7, 2017 0

Luxury Dubai High Rise Apartments Will Be Sold for Bitcoin

This week two business luminaries, Baroness Michelle Mone and Douglas Barrowman, have announced the sale of 2.4 million square feet of Dubai residential property will be sold for bitcoin. The residential 40-storey tower apartments will be the first properties located in Dubai’s Science Park priced and sold for a cryptocurrency settlement. Also Read: Japanese Cryptocurrency Exchange […]

The post Luxury Dubai High Rise Apartments Will Be Sold for Bitcoin appeared first on Bitcoin News.


September 5, 2017 0

Bitcoin Cash Network Turns One Month Old and Continues to Move Forward

The bitcoin fork on August 1, which produced the cryptocurrency and network Bitcoin Cash (BCH), turns one month old today Friday. The digital currency’s market value is lower than last week and the network’s hashrate has dropped considerably, as it is currently more profitable to mine the legacy chain. Also Read: Now Bitcore Nodes Can Switch […]

The post Bitcoin Cash Network Turns One Month Old and Continues to Move Forward appeared first on Bitcoin News.


September 1, 2017 0

Bitcoin Cash Becomes the Longest Chain As Miners Toggle Between Profits

The Bitcoin Cash (BCH) network is almost a month old and seemingly growing stronger as the days continue. As of August 22, the BCH chain is longer than BTC’s blockchain by 959 blocks, while also capturing the most hashrate that day for a short period of time. Also read: SEC Suspends Trading of Bitcoin Firm’s Shares […]

The post Bitcoin Cash Becomes the Longest Chain As Miners Toggle Between Profits appeared first on Bitcoin News.


August 25, 2017 0

Part Deux! Onecoin Buyer Beware: The Definitive Ponzi Exposé

It’s been a year since news.Bitcoin.com interviewed Timothy “Tim Tayshun” Curry, who shared his explosive investigation and research into the Onecoin scheme with our readers at news.Bitcoin.com. Due to the nature of the evidence presented, the article went viral with over 50,000 views throughout the first week and is one of the most viewed articles in […]

The post Part Deux! Onecoin Buyer Beware: The Definitive Ponzi Exposé appeared first on Bitcoin News.


August 21, 2017 0

Government Agencies Adopting Bitcoin and Blockchain Technology

Government agencies are looking further into adopting blockchain technology and bitcoin. They hope to commandeer these protocols in order to protect the military from mass-hacking campaigns, counterintelligence, and otherwise hostile attacks on their systems. The Pentagon has especially shown recent interest in using cryptographically-guarded blockchains to aid their operations.  Also read: Bitcoin Cash Flips Mining Profitability […]

The post Government Agencies Adopting Bitcoin and Blockchain Technology appeared first on Bitcoin News.


August 18, 2017 0

Segwit2x and the Tale of Three Bitcoins

As the entire community has been laser-focused on the recent hard fork and Bitcoin network split, many people have forgotten about the Segwit2x plan. Miners who participated in the ‘New York Agreement’ (NYA) have kept their promise and Segregated Witness will lock-in on the network in roughly two weeks. Also read: Gwyneth Paltrow Joins Bitcoin Wallet […]

The post Segwit2x and the Tale of Three Bitcoins appeared first on Bitcoin News.


August 5, 2017 0

Several Exchanges Experienced Difficulties During Bitcoin Cash Distribution

Exchanges Experience Difficulties During Bitcoin Cash DistributionSeveral major cryptocurrency exchanges experienced a number of difficulties during the highly anticipated bitcoin cash distribution that took place yesterday. From 12:20 UTC onward, customers of Kraken and Bittrex experienced several interruptions to login functionality, whilst Bitfinex reported that traders had attempted to manipulate its bitcoin cash distribution coefficient. Also Read: Fork Watch: Japanese Exchanges Embracing […]

The post Several Exchanges Experienced Difficulties During Bitcoin Cash Distribution appeared first on Bitcoin News.


August 2, 2017 0

Fork Watch: Block 478558 Initiates ‘Bitcoin Cash’ Split – First Blocks Now Mined

The start of the Bitcoin ABC (Bitcoin Cash) chain split has begun as the divide was initiated on August 1 at 12:37 p.m. UTC at block height 478558. UPDATE (18:45 GMT): Two blocks have been mined on the new Bitcoin Cash blockchain. Also read: Indian Bitcoin Hotspot Bangalore Sees 50+ Merchants Added This Month Bitcoin Cash […]

The post Fork Watch: Block 478558 Initiates ‘Bitcoin Cash’ Split – First Blocks Now Mined appeared first on Bitcoin News.


August 1, 2017 0