Month: January 2020

When it comes to creating a peer-to-peer electronic cash system, accepting zero confirmation transactions becomes critically important. When a model’s main aim is to “just hodl” or push an isolated store of value narrative, important concerns like double spending can take a back seat, potentially opening a network to serious attack. A recent video demonstrating this risk saw some claiming such weaknesses are equally exploitable on the BCH chain. However, as the Replace-By-Fee (RBF) protocol isn’t part of the BCH codebase, the claims can be easily refuted and as such,…

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On January 1, the BTC network hashrate touched an all-time high at close to 120 exahash per second (EH/s). Despite the crypto market lull and lower BTC prices, the 2020 milestone happened just before the blockchain’s 11th anniversary. BTC’s curious jump in hashrate has the cryptosphere wondering whether or not the price truly follows hashpower. Also Read: Market Update: Crypto Traders Search for Bullish and Bearish Trends BTC Hashrate Reaches Close to 120 Exahash per Second One of the crypto community’s favorite topics is hash power, which is a cryptocurrency…

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The cypherpunks, a ragtag group of tech tinkerers, cryptographers, and privacy advocates, were obscure in their 1990s heyday. And it would have remained that way in perpetuity were it not for a certain Satoshi Nakamoto launching a digital currency in 2009 encapsulating their core beliefs. We don’t know if Satoshi was a cypherpunk. But what we do know from rediscovered mailing list conversations is that many of the cypherpunks’ early ideas were to be enshrined in Bitcoin more than a decade later. Also read: Why Nick Szabo Probably Isn’t Satoshi…

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Since the platform’s launch, the Bitcoin Cash-centric blogging site read.cash has gathered a lot of traction. The website’s user base publishes interesting content and new material on a daily basis with the most popular authors gathering tips in bitcoin cash for their work. Also Read: These Are the Bitcoin Stories You Loved in 2019 Read.cash Blogging Platform Leverages Peer-to-Peer Electronic Cash About a month ago, news.Bitcoin.com reported on two blogging websites that reward users in crypto for producing content. One of the platforms featured was read.cash and ever since that…

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This article considers the legal implications of Youtube’s notorious purge of crypto channels on Christmas Eve. What legal context induces Youtube and other social media giants to operate as they do? The article does not explore whether it is morally proper to terminate a contract without cause or explanation and to threaten people’s livelihoods; it is not. Nor are political implications, such as Youtube’s liberal bias, discussed. The legal factors context surrounding Google’s Youtube purge are important. Users should know what is happening and why. Also read: Youtube ‘Christmas Purge’…

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Similar to how it’s restored some crypto Youtube channels after a lot of pushback from the crypto community, Google has now restored Metamask to the Play Store. Either the tech giant is sensitive to claims of hurting innovation and competition or it is simply not ready yet to enforce a ban on dapp browsers, as Apple seemingly has in its App Store. Also Read: Google Bans Crypto App Metamask From Play Store Metamask for Android Restored Google Play, the official app store for the Android operating system which is used…

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Search online for ‘possible creators of Bitcoin’ and Bit Gold creator Nick Szabo will always appear near the top of the list. His long history in the cypherpunk space, his writings on money, digital cash, and smart contracts, and some facts about his past have often been used to create a compelling picture that he is Satoshi Nakamoto. But many of the facts are misinterpreted and actually point against this theory. Also Read: “I Designed Bitcoi… Gold” – The Many Facts Pointing to Nick Being Satoshi Why It Even Matters…

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Since Tether’s (USDT) migration to other networks beside the BTC-based Omni protocol, significant shifts have taken place seeing the heavily-printed stablecoin rise to prominence also via Ethereum’s ERC20 standard and Tron’s TRC20 implementation. Ethereum-based USDT supply currently sits at over 2.2 billion tokens, while the Omni equivalent stands at around 1.5 billion. The Tron network adds over 900 million tethers to this mix, with the popular and controversial USDT stablecoin showing no sign of slowing down. Also Read: Veriblock Captured Close to 60% of BTC’s OP Return Transactions in 2019…

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South Korea has confirmed that income tax cannot be levied on individual investors’ profits from crypto transactions under the current tax law. The government, however, is reviewing international trends and the approaches of major countries to crypto taxation in an effort to amend the existing Korean tax law to include cryptocurrency. Also read: Regulatory Roundup – China Blockchain ETF, France New Crypto Rules, Tokens Like Money in Russia Crypto Gains Not Subject to Taxation The South Korean Ministry of Economy and Finance, which oversees the country’s economic policy, has stated…

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2019 was a crazy year for cryptocurrency enthusiasts and a number of interesting events happened throughout the last 12 months. It’s hard to keep track of the day-to-day activities taking place within the cryptosphere and there may be a few incidents some of our readers missed. At news.Bitcoin.com we took the opportunity to scan our most popular articles from 2019 in order to create a year-end list to share with our readers. Also Read: A List of Self-Proclaimed Bitcoin Inventors and Satoshi Clues Debunked in 2019 2019’s Most Popular News.Bitcoin.com…

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