Vector, Nexus Join the Space Race With Plans for Satellite-Based Blockchain Network

[ad_1] Space company Vector and blockchain developer Nexus announced a partnership to host Nexus’s decentralized cryptocurrency on a satellite orbiting the Earth, using Vector’s GalacticSky platform. According to the developers, Nexus technology offers improvements over existing blockchain systems like Bitcoin and Ethereum. For example, Nexus features SHA-3 cryptography with 571-bit keys, which is believed to … Read more

Bitcoin Price Analysis: Expect Some Lower Lows Before the Next Bounce

[ad_1] Two days ago, I outlined a potential BTC-USD price breakdown due the broken hypodermic trendline.  Since then, the price has dropped nearly $7,000 and is showing signs of further downward continuation.  Let’s take a look at the chart from the last BTC-USD market analysis: Figure 1:  BTC-USD, 4-Hour Candles, Trend Prior to Breakdown As … Read more

Fedcoin Could Be Coming Soon, But Would It Really Challenge Bitcoin?

[ad_1] The idea of “Fedcoin,” a cryptocurrency sponsored by the U.S. government and managed by the Federal Reserve, has been around for quite some time. “Imagine that the Fed, as the core developer, makes available an open-source Bitcoin-like protocol (suitably modified) called Fedcoin,” a Federal Reserve VP speculated already in 2015. The idea gained traction also in Europe in … Read more

With Forkgen, Anyone Can Now Create Their Own Bitcoin Fork (Even Us)

[ad_1] “Forkcoins,” or “Initial Fork Offerings” — alternative coins that “split off” from Bitcoin — are all the rage right now. The latest trend in the cryptocurrency world was kicked off last summer with the launch of Bitcoin Cash. The Bitcoin offshoot is a top 3 cryptocurrency by market cap according to websites like Coinmarketcap. … Read more

Bitcoin Price Analysis: After Giddy Heights, Bitcoin Sees a Steady Decline in Price

[ad_1] In the days leading up to the various bitcoin futures markets opening, bitcoin saw a push to fresh all-time highs near $20,000. However, shortly after reaching these values, the market saw a steady decline in price as demand dwindled and supply began to dominate the market. In the last bitcoin market analysis, we discussed … Read more

How Bulletproofs Could Make Bitcoin Privacy Less Costly

[ad_1] Bulletproofs, presented in a paper titled “Bulletproofs: Short Proofs for Confidential Transactions and More,” describe a new zero-knowledge proof system. The proposal uses on-chain scaling for privacy and suggests a new, faster and more compact way to verify privacy-enhancing Confidential Transactions (CTs). Specifically, Bulletproofs can decrease the size of these verifications for these types … Read more