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Top 3 Bitcoin Scandals
Although it is true that Bitcoin is one of the most innovative inventions of the 21st century with potentials to revolutionize financial systems all around the world, it is also true that Bitcoin has unfortunately been linked to various scandalous incidents. This article highlights the top 3 Bitcoin scandals.
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What You Need To Know About Bitcoin Cash
If you’ve been following the Bitcoin scaling efforts lately, you already know that the Bitcoin blockchain forked on August 1, giving birth to a new currency called Bitcoin Cash (BCH). The event was surrounded by quite a bit of uncertainty over how well the new currency would perform. Would it flatline for lack of support? […]
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Bitcoin Benefits from Australia’s Push to be Global FinTech Hub
Starting 1 July 2017, Bitcoin use in Australia will no longer result in double taxation. The government announced the change in its 2017-18 budget report. The change comes under the $1.1 billion National Innovation and Science Agenda (NISA), designed to make Australia attractive to financial technology enterprise. From the report: “The Government is committed to […]
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Why Have Bitcoin Micro-Tipping Platforms Failed?
Eight months after ChangeTip launched, Emin Gün Sirer wished it dead. He also asked us all to celebrate its demise when it happened. Sirer is an IT security expert, commentator and professor at Cornell University. In a blog post titled “ChangeTip Must Die” published in December 2014, Sirer stated that the death of ChangeTip was […]
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How to Decide What Size Bitcoin Transaction Fee to Attach
The choice to attach a small fee for miners every time you send bitcoins is slowly going from voluntary to mandatory. Miners are already taking longer to confirm transactions that lack sufficient fees.
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SegWit Goes Beyond Scaling Bitcoin
Segregated Witness (SegWit) does more than condense transaction data that goes into the Bitcoin block. Marek “Slush” Palatinus, architect of the hardware wallet Trezor, pointed this out when he said: “Segregated Witness is not just about scaling. There are other issues with Bitcoin under the hood, and SegWit opens potential for applications and use-cases that […]
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Four Lessons to Learn From the Ethereum Hard Fork
Someone exploited a code loophole on the Decentralized Anonymous Organization (DAO) and hijacked close to $50 million. It took an Ethereum hard fork to claim back the funds.
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The Bitcoin community blasts Nathaniel Popper over NPR’s podcast
Does the name Nathaniel Popper ring any bells? He is the author of Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money.
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