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Category Archives: News

How regulation help decentralize bitcoin OTC in China

Apr 21, 2017

ShiLiang Huang

0.Introduction At the beginning of this year, the government in China was tightening Bitcoin trading rules. All Bitcoin exchanges in China have stopped processing Bitcoin withdrawals. Everyone are very pessimistic. But two months later, Bitcoin wasn't taken down. Instead it gets a...

How Bitcoin Miners Could Lose Revenue In An Attack

Apr 20, 2017

Olusegun Ogundeji

Internet routing attacks (such as BGP hijacks) and malicious Internet Service Providers (ISP) can reduce miners’ revenue and expose their networks to double spending, a study that argues for encrypting Bitcoin traffic or traffic exchanged among miners has shown. Put together by Mari...

Time to Move on: The Worst Thing You Can Do Is Nothing

Apr 19, 2017

Cindy23

The bitcoin community is in the middle of a civil war. And the crux of the war comes down to a single word: blocksize. Right now, the bitcoin network can only support up to 7 transactions per second. Clearly, some changes will need to be made if bitcoin is to reach levels mainstream payments ...

What Hinders Bitcoin from Becoming a Mainstream Currency?

Apr 18, 2017

Cindy23

  Bitcoin users have surpassed the population of Norway and Finland and its market cap has exceeded the value of fiat currencies of such countries as Mongolia, Thailand, Sudan, Laos and Nigeria. Worldwide, more countries are working to make bitcoin a legal currency. Canada p...

F2Pool Officially Decides to Support SegWit on Bitcoin

Apr 18, 2017

Cindy23

F2Pool, the world’s second largest mining pool, released an announcement this Tuesday signaling SegWit(Segregated Witness )for bitcoin. F2Pool's stance on SegWit has been ambiguous over the past several weeks. On March 22, Wang Chun, the owner of F2Pool, wrote across social medi...