If you’ve been following the Bitcoin scaling efforts lately, you already know that the Bitcoin blockchain forked on August 1, giving birth to a new currency called Bitcoin Cash (BCH). The event was surrounded by quite a bit of uncertainty…
Read moreAs the adoption of blockchain grows, so does the need to understand the lexicon around it. A fork is a common blockchain technical term used specifically in the ongoing scaling debate, yet it causes a lot of confusion, particularly for…
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Starting 1 July 2017, Bitcoin use in Australia will no longer result in double taxation. The government announced the change in its 2017-18 budget report. The change comes under the $1.1 billion National Innovation and Science Agenda (NISA), designed to…
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Eight months after ChangeTip launched, Emin Gün Sirer wished it dead. He also asked us all to celebrate its demise when it happened. Sirer is an IT security expert, commentator and professor at Cornell University. In a blog post titled…
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The choice to attach a small fee for miners every time you send bitcoins is slowly going from voluntary to mandatory. Miners are already taking longer to confirm transactions that lack sufficient fees.
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Segregated Witness (SegWit) does more than condense transaction data that goes into the Bitcoin block. Marek “Slush” Palatinus, architect of the hardware wallet Trezor, pointed this out when he said: “Segregated Witness is not just about scaling. There are other…
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Someone exploited a code loophole on the Decentralized Anonymous Organization (DAO) and hijacked close to $50 million. It took an Ethereum hard fork to claim back the funds.
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Does the name Nathaniel Popper ring any bells? He is the author of Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money.
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In the beginning, there was one blockchain (the Bitcoin Blockchain). Then came a second blockchain, and another – Now there are many, and more are being created as we speak. While they all share the same basic structure, these blockchains are quite…
Read moreApproved by Archax Ltd on 7th October 2023
