Best Bitcoin Wallet – How to Securely Store Bitcoin with Software, Apps and Hardware

Bitcoin is a digital currency. As such, the approach to acquiring and storing it differs greatly from conventional, fiat currencies. Technically, bitcoins don’t exist in any physical shape or form and, therefore, cannot really be stored. Rather, it’s private keys used to access your public bitcoin address that needs to be stored. That’s where bitcoin wallets come into the picture. What is the best Bitcoin wallet? How do I read a wallet review?  What Is a Bitcoin Wallet? A bitcoin wallet represents a software program which stores bitcoin (BTC) 00 private…

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What Is Bitcoin? Guide for the Most Popular Cryptocurrency

You’ve probably heard the word by now but you might still be wondering — what is Bitcoin? Well, there are no stupid questions here, so let’s start at the very beginning. What is Bitcoin? Who created it and what goes on under the hood?  What Is Bitcoin? A Distributed Peer-to-Peer Digital Currency Simply put, Bitcoin is a distributed peer-to-peer digital currency. It can be transferred instantly and securely between any two people in the world who accept Bitcoin. It’s like digital cash in that you can send Bitcoin to any…

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Research Exposes Anti-Bitcoin Bias in Mainstream Media

Recent research on the tone and frequency of cryptocurrency coverage in the mainstream media over the past five years suggests that some news outlets appear to be much more biased against Bitcoin than the norm. The results also indicate that overall sentiment has become more negative with time. Also Read: Coinbase Launches OTC Desk, Huobi Opens Derivatives Market Price Declines Sparked a Press Frenzy Blockchain-focused research company Clovr surveyed 7,527 cryptocurrency-related articles from 48 media outlets from January 1, 2013, to July 31, 2018. It used an algorithm to assess the…

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Bloxroute Joins the Block Size Debate With New Block Propagation Service

Over the last few weeks, the Bitcoin Cash (BCH) community has been discussing how miners and nodes will handle bigger blocks in the future to encourage mass adoption. A company called Bloxroute has been coming up a lot lately, as it aims to resolve the block propagation bottleneck. Also read: Growing Number of Crypto Companies Operating From Belarus Bloxroute Claims It Offers Greater Efficiency Bloxroute claims it can provide more efficient block propagation for blockchains. The organization has been discussed a lot in the weeks since researchers noted issues with block…

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Amazon Unveils ‘Immutable’ Quantum Ledger Database Product

Amazon’s digital arm Amazon Web Services (AWS) revealed two new blockchain-inspired products despite the current cryptocurrency bear market. Amazon Marching Forward Despite the recent decrease across the entire cryptocurrency market, Amazon digital arm AWS (Amazon Web Services) revealed two new blockchain-oriented products, CNBC reports. According to the company’s CEO, AWS is merely responding to increasing demand from their existing customers. He pointed towards industries such as health-care records, supply-chain tracking, vehicle history records, and mortgages as some of the most common customer use cases. The executive also outlined that AWS…

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Honoring Satoshi’s Vision: Toward a Better Crypto User Experience

This post about better crypto UX was written by venture capitalist David Gold. He is the CEO of Dapix, Inc, which launched the Foundation for Interwallet Operability (FIO) and FIO Protocol. *** Satoshi Nakamoto’s Bitcoin whitepaper laid out an intoxicating vision for a “purely peer-to-peer version of electronic cash” — free of involvement and interference from third-party intermediaries. Also read: Outrage Over Union Bank of Nigeria’s Threat to Close Crypto-Related Accounts Ten years later — despite much growth, shrinkage, excitement and hype — Bitcoin, and cryptocurrencies in general, have yet to be put…

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Binance Terminates Services for Users in Belarus

Cryptocurrency exchange Binance has informed Belarusian customers that its services will no longer be available in their country. The announcement follows reports of similar restrictions for residents of other nations under economic sanctions, such as the Islamic Republic of Iran and Zimbabwe. Also read: Russian Miners Sell Their Equipment Amid Market Plunge Belarusians Lose Access to Global Exchange The correspondence from Binance, currently the world’s largest digital asset trading platform by daily volume, does not specifically say when the restrictions will go into effect, Forklog reported. However, the exchange notes…

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Simplicity Language to Give Bitcoin Ethereum-Like Smart Contract Capabilities

Simplicity, a combinator-based, typed, and functional language for blockchain applications can reportedly enable Bitcoin’s Script language to handle more complex yet reliable smart contracts. Bitcoin Script Language is Limited, For Now According to a new research from Blockstream on Simplicity – a blockchain applications language – distributed ledgers pose a range of unique challenges, which make traditional programming languages unfit. What’s more, Bitcoin’s Script language is limited to certain combinations of signature checks, hashlocks, and timelocks. Second layer solutions, on the other hand, such as the Lightning Network, for example, have been…

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The Difference Between Custodial and Noncustodial Cryptocurrency Services

Since the Bitcoin Cash (BCH) fork occurred recently, it’s a good time to discuss the difference between custodial and noncustodial cryptocurrency services. Newcomers to the digital asset economy often get confused when they hear about a blockchain split and may wonder how they should handle the outcome. Individuals should note that the best solution depends greatly on how they prefer to store their cryptocurrencies – in a custodial or noncustodial wallet. Also read: Follow This Branch: A Guide to Splitting BCH and BSV Third Party and Sovereign Control Over Private Keys…

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Bitcoin Will ‘Unequivocally’ Survive, Says NYSE Chairman

Jeff Sprecher, Chairman of the New York Stock Exchange, stated his belief in the future existence of bitcoin and cryptocurrencies. Answering the question, ‘Will digital assets survive?’ he said, “The unequivocal answer is ‘Yes’.” In Need of Reassurance Following yesterday’s news that Allianz’s Chief Economic Adviser is vouching for the longevity of bitcoin, NYSE Chairman, Sprecher, has stepped in to back him up… at the same conference, no less. Quite why everyone at this conference needs so much reassurance is unclear. Sprecher made the statement at the Consensus conference when…

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