Bitcoin and Ethereum have both seen high-profile forks in the past year, spawning separate coins with different rules. The splits come down to diverging ideologies and the laws of network consensus. On August 1st, a new cryptocurrency called Bitcoin Cash appeared online.
With talk of possible hard forks to Bitcoin being all the rage these days, I thought it would be a good opportunity to share an idea I’ve been thinking about. It’s not an entirely new concept.
Segwit has activated on the network, and a lot of people have pointed out that my pinned tweet is 2/3 wrong. Indeed, I was very wrong on two of these predictions. In this article, I’m going to do a little bit of self-reflection and explain my analysis at the time and what’s changed.
Django Admin is a powerful tool for managing data in your app. However, it was not designed with summary tables and charts in mind. Luckily, the developers of Django Admin made it easy for us to customize. We are going to turn Django Admin into a dashboard by adding a chart and a summary table.
Today we are open sourcing 21, a software package that makes it extremely easy to work with Bitcoin over HTTP. Feel free to preview the script with ‘less’ before running the installer.
So much has gone down in the last two weeks. The bitcoin chain split is by now old news, but there are still a lot of unanswered questions about Bitcoin Cash (BCC), the cryptocurrency born from the hard fork on August 1.
Note: it is crucial that both the SPV fraud proofs AND a permanent block size solution (that keeps the limit above market demand), are both FULLY implemented without compromise.
We are often asked what the difference is between Gnosis and Augur. First of all, this is an indicator of the excellent marketing our friends at Augur have accomplished. However, it also supports our thesis that Augur is not our competitor.
Gnosis is a platform. Network effects provide users of the platform with value, and ensure stickiness. As more people and projects build on Gnosis, the liquidity in markets will increase. Higher liquidity means greater platform utility for all users.
Tokenization of traditional assets in the coming years will have an impact on liquidity across multiple asset classes. The implications of this statement are relevant to all investors, including both traditional and crypto, for reasons I detail in this post. Let’s start by defining liquidity.
Hello, Minexcoin community!Here is instruction where we described you how you can mine, there are two ways. 1. Mining using user-friendly GUI that can use only one thread (use minexcoin-qt file).2. Mining with several system threads within terminal (use file -minexcoind) .
Dear Community! We are pleased to announce that the testing of Minexbank and Minexcoin is nearing its completion. As you know, a participating in a public test means receiving an award for active participation in it and is a part of the bounty campaign.
Some people believe really hard that God is out there. These people likely think God is smiling down on them while they dig through the bin of $5 DVDs for something worthy of wasting two hours of His Precious Time. People never give negative space its proper due.
$70 million was a lot of money for me at the time. And I couldn’t sleep at night until I gave back every dollar to the people who gave it to me. I was running the sort of fund where people gave me money and then I invested it in other funds.
One question has fascinated me my entire adult life: what causes some people to become world-class leaders, performers, and changemakers, while most others plateau?
Miners do not pay for the capacity, all users do, and only miners get paid. This is a fundamental problem with all public goods — the cost is born by all, but the benefits only go to the miners. Users and users alone get to decide the amount of transaction capacity they are willing to accept.
This “attack” is far less damaging than polluting the UTXO set, something that puts a cost on all users for eternity. This is a non-attack, as it does far less damage than just bloating a block with 1MB of legacy transactions.
There has been discussion of this for over a year. There is near unanimous agreement amongst all technical experts of the soundness of the proposal. It meets the requirements of increasing capacity and allows for further scaling solutions.
Please give an example where this is how SegWit has been promoted. Bitcoin Core themselves lays a detailed Cost and Risk analysys when it comes to SegWit.
The best part of the Silbert Accord is that it was negotiated between the relevant parties: the producers of block space (miners) and the consumers of block space (Bitcoin businesses on behalf of their users).
Have you heard of the Bitcoin Lightning Network? It is a proposal that claims that: What it doesn’t tell you is that this can only be accomplished by using large, centralized “banking” hubs.
99% of Cryptocurrencies are total scams. And, yes, Cryptocurrencies are in a bubble. BUT…the opportunity is NEVER going away and generational wealth will be made. So you have to know the basics, why this opportunity even exists and what to watch out for.
This paper first examines Segregated Witness (SW), then demonstrates how it can only fail to realize its designed purpose, how it encumbers Bitcoin with irreversible technical debt, and how it threatens the fungibility of the currency.
There is more and more chatter regarding the possibility of a Bitcoin hard fork. We wanted to provide some early guidance and information to our customers regarding the availability of their assets on all upcoming chains.
Respectfully, what the fuck are you doing? TheShadowBrokers voted for you. TheShadowBrokers supports you. TheShadowBrokers is losing faith in you. Mr. Trump helping theshadowbrokers, helping you.
Bitcoin Core is a complex piece of software. Because one of the primary goals of Bitcoin is to enable users to be self sovereign and have the ability to choose what code they run, there are a plethora of configuration options available to node operators.
I love this, but you can do what I do and hack a “read later” function by just quick DMing it to yourself. Won’t remind you in your timeline but works well enough otherwise!
YES! Crazy how Twitter’s switch from “favorite” with a star icon to “like” with a heart icon totally affected how my brain processes that action, even though the functionality is exactly the same.
I love Twitter. It sits in my dock on my iPhone and it’s the first website I visit when I turn on my Mac. It’s where I read the news, see what my friends are doing and follow the latest about my favourite football club.
On August 1, 2017, bitcoin broke the internet. Since the event, which is referred to as the hard fork, cryptocurrency enthusiasts can now make use of two different currencies: bitcoin (BTC) and Bitcoin Cash (BCC).
The lucky 10 winners (plus one honorable mention) of our Bitcoin Pizza Day giveaway have been selected! Are you one of the chosen few? Scroll down and find out! Should you see yourself, BTC.com will contact you shortly with your promo code. Happy eating!
Recently, blockchain transaction fees have been much lower than usual. This means the earnings of the entire mining pool industry have decreased. Seeing this, the BTC.com Pool has taken action, in order to guarantee stable income for miners in FPPS (full pay-per-share) mode.
2. Input your backup data in the appropriate boxes. Your backup data can be found on your backup PDF, which you should have saved when you created your wallet. Alternatively, you can click “Import from Backup” in the upper-right corner, and upload the PDF itself.
Recently, BTC.com mined a block containing a transaction that carried a staggering 80BTC fee. Obviously, something’s up with that. All things said and done, the correct fee should have been approximately 2BTC. If that was your transaction, we want to help.
If you’ve recently sent bitcoin, you might have noticed an upsurge in blockchain transaction fees. This has been a source of frustration for all of us, and we’ve received numerous emails from users expressing as such.
A blockchain is the digital ledger in which bitcoin transactions are recorded. It comprises individual blocks, which contain information about transaction.
We searched far and wide, hoping to find out just who had made this costly mistake! Today, we are proud to announce that we have: bitcoin platform Cubits. Here is a link to their blog post detailing what exactly happened.
Most marketing experts agree that your business will be a failure if you don’t have a web presence with an active social media plan. Everyone you know likely has at least three social media platforms that they use on a daily basis.
We are excited to announce that Botkit Studio, our premium IDE for building and managing Botkit bots, now adds Cisco Spark to our list of supported platforms!
I am a big fan of the approach of Bitcoin Core to adopt minimally disruptive update to the protocol. And as I already said, I am against BIP148 based on this value.
You can see more details on the wiki, but in a nutshell, here is how Alice’s escrow was consumed in TumbleBit Tumbler Mode. Long story short, if the Tumbler and Alice are cooperative, then, only Client Escrow and Client Escape would appear on the chain.
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