This Lightning Network Designer Is Re-Inventing Bitcoin Smart Contracts

[ad_1] Bitcoin is usually not considered the blockchain best suited for self-executing conditional payments, better known as smart contracts. While it does support basic programmability to enable features like time locks and multi-signature (multisig) schemes, competing projects like Ethereum, Ethereum Classic or Qtum are often expected to better support more advanced applications. However, a new … Read more

BANKEX’s Ambitious Crusade to Reshape Traditional Finance

[ad_1] A lack of synergistic connection points between the blockchain sector and traditional finance is currently hindering progress within the world of banking. Opportunities abound for the deployment of smart contracts and tokenization, fueling crowdfunding, chain finance and other forms of financial transactions. These efforts at boosting external infrastructure hold the key for greater efficiency … Read more

Canadian TSX Venture Exchange Approves Crypto-Mining Company HashChain to Launch Monday

[ad_1] On December 18, 2017, HashChain Technology, a cryptocurrency mining company, went public for the first time on the TSX Venture Exchange under the ticker symbol KASH, joining at least eight other crypto-related startups including HIVE Blockchain Technologies (Genesis Mining). At least 50 more blockchain and cryptocurrencies firms are preparing to list on the TSX … Read more

Op Ed: Bitcoin’s Scaling Challenge Brings the Battle for Liberation of Cyberspace

[ad_1] This year brought a climax in the prolonged Bitcoin block size debate. Heated disputes over scaling that have become toxic in the ecosystem have overshadowed the technology. The cancelation of SegWit2x, the most controversial proposal in this cryptocurrency’s history, averted a potential catastrophe. Innovation moves on and the community is finding some time for … Read more

South Korea Moves to Regulate Domestic Bitcoin Trading, Exchanges

[ad_1] Since late November 2017, South Korea has looked to regulate cryptocurrency trading in domestic exchanges, including Bithumb, Coinone and Korbit,  The Korea Herald reports. Now, trying to tame the wave of wild cryptocurrency speculation in the country, South Korea is imposing trade bans for minors and looking for ways to impose taxes on investment … Read more

Garzik Forks UnitedBitcoin Away from "Maximalists" to Support Altcoin Communities

[ad_1] A new project called UnitedBitcoin (warning: the site autoplays audio) promises to add smart contract features using the UTXO model, support for the lightning network and SegWit, and eight-megabyte blocks. Headed up by Jeff Garzik, the lead developer behind the failed SegWit2x hard fork, along with Matthew Roszak and SongXiu Hua, this UnitedBitcoin (UB) … Read more

Japan's GMO Internet Group Will Pay Thousands of Workers in Bitcoin

[ad_1] Blockchain development companies and the cryptocurrency press have been paying their workers in cryptocurrencies for years, but one realizes that the times are truly changing when mainstream companies start paying their workers in bitcoin. GMO Internet Group, a Japanese provider of a full spectrum of internet services for both the consumer and enterprise markets, … Read more