Research Finds Design Flaws in Scaling Proposal Bitcoin Unlimited

[ad_1] A new research paper from international analyst group IMEC has found that changes to bitcoin proposed by a software implementation called Bitcoin Unlimited would “magnify the effectiveness” of attacks on the network. An alternative version of the software, Bitcoin Unlimited emerged in 2016 as an effort by like-minded developers and startups that sought to … Read more

What Could Happen to Bitcoin? A Visual Guide to Scaling Outcomes

[ad_1] BIP 148, BIP 141, BIP 91 … A number of bitcoin improvement proposals (all aimed at boosting the cryptocurrency’s transaction capacity) are set to come to a head in the coming weeks, ending either in a smooth upgrade, a potentially difficult split, or maybe, simply status quo. While it looks likely that at least one … Read more

A Chinese Bitcoin Tycoon and His Record-Breaking ICO

[ad_1] One of China’s biggest bitcoin investors has raised approximately $82m in an initial coin offering (ICO), setting a new record for the novel fundraising method in China. Led by entrepreneur Li Xiaolai, Press.One bills itself as a decentralized content distribution platform based on the recently launched EOS blockchain. In total, the ICO collected 5,853 bitcoin, 106,757 ether and 30,430,519 EOS … Read more

What is Cloud Mining?

Cloud Mining is the process of bitcoin (or any other mineable cryptocurrency) mining utilizing a remote datacenter with shared processing power. This type of mining allows users to mine bitcoins or alternative cryptocurrencies without having to manage their own hardware. If you want to invest in bitcoin mining without the hassle of managing your own … Read more