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5 Bitcoin Core Alternatives That Don’t Fork the Blockchain
Did you know you can run a node on the Bitcoin network without using the Bitcoin Core software? And that you can do so without causing the blockchain to fork? Last year Bitcoin has experienced two successful hard forks that split the blockchain into three distinct cryptocurrencies—Bitcoin, Bitcoin Cash and Bitcoin Gold. The two forks […]
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Big-Ticket Items You Can Buy with Bitcoin
For many active investors in the cryptocurrency space, a lot of time is spent trading one coin for another. It can be easy to forget that the viability of most cryptocurrencies depends on being used for commerce in the real world. If nobody were willing to accept Bitcoin as payment, it wouldn’t have much value. […]
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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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A Simple Guide to Blockchain Forks
As the adoption of blockchain grows, so does the need to understand the lexicon around it. A fork is a common blockchain technical term used specifically in the ongoing scaling debate, yet it causes a lot of confusion, particularly for those new to the technology. Knowing what it means puts you in a better position […]
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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.