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Category Archives: News

No real breakthrough in 3 core blockchain technology

Mar 24, 2017

chinabtcnews

"From my observation, China's blockchain research and development is still in its early stage. Not only in China, even in the world, there are no real breakthrough in terms of the core technology of blockchain." Li Lihui said on Boao Forum on 24th March as per a local report. Li, ex-...

Huobi Begin to require stricter AML procedures for users.

Mar 24, 2017

Jay

Recently, One of the leading Chinese bitcoin exchange, Huobi.com has sent a notification to  some of its users to inform them of a set of new Anti-Money-Laundry(AML) requirements. Regarding to Huobi’s new policy, Huobi users with potential money laundry risks are now requi...

Op-ed:Why Bitcoin won’t hardfork like Ethereum

Mar 23, 2017

Jiangzhuoer

Note: Jiang Zhuo'er released an op-ed to refute the words that Bitcoin might split like Ethereum. He said in the end the market will determine the fate of minority chain. TL;DR 1. The minority fork of BTC needs to burn 200 million Yuan to survive. 2. The mining industry has the ...

Bitcoin’s Final Obituary?

Mar 23, 2017

Cindy23

2017 marks the eighth anniversary of bitcoin. Although it has dominated the media for years, it’s still too young to be a hot potato compared with gold, stock and fund. And it seems that bitcoin is having the hardest time suffering external and internal troubles. By internal, I mean the har...

Hashing Power Is Not the King in the World of Bitcoin

Mar 22, 2017

Cindy23

As bitcoiners are worrying what might happen if bitcoin hard forks, Bitfinex is already trading post fork coins BCC and BCU, like the situation isn’t complicated enough. “If no fork occurs by December 31, 2017, then BCU will expire worthless and BTC will be given in exchange f...