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On Tuesday, August 1st at 4 AM (UTC), what many are describing as an altcoin will fork off from the main Bitcoin network. August 1st is also the scheduled activation of BIP 148, also known as the User Activated Soft Fork (UASF). The new, forking coin, Bitcoin Cash, will launch as a so-called User Activated Hard Fork (UAHF) – in reality; a Miner Activated Hard Fork. All Bitcoin (BTC) holders will receive an amount in Bitcoin cash equivalent their Bitcoin Read more …
What is Ripple? Ripple is a global settlement network, making it easy to transfer nearly any currency to anyone in the world in just seconds. Â The Ripple platform has rendered the archaic system of sending money through SWIFT or Western Union obsolete. Â At this point, Ripple is focused entirely on working with banks, offering them a more efficient and cost-effective way to send real-time payments around the world. Consider this hypothetical example. Â Directly transferring currency inexpensively from Japan to Read more …
Authorship.com has finally opened its doors for the public by announcing the date for initial coin offering (ICO): 15th August. The much awaited ICO to buy the crypto-currency is a golden opportunity for investors to benefit from the project that is a big step towards fulfilling the long-held dream of decentralizing the internet. During the initial coin offering, 100 million ATS tokens – the crypto-currency that will run the platform – will be issued. According to the formulated plan, 80% Read more …
The Enterprise Ethereum Alliance (EEA), the world’s largest open source blockchain initiative, has recently grown by 34 new members, which is now up to 150 members. The EEA is a not-for-profit consortium, which focuses on the developments of ethers or on the blockchain. Among the 34 new members are now well-known members such as Mastercard and Cisco, the press release first causing confusion. In the list of the new members was not just the credit crunch. Andrew Keys of ConsenSys Read more …
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. That’s why the BTC Pool has decided to launch the 115% Minimum Earning Protection Plan for its miners. When operating under reduced blockchain transaction fees, BTC.com will provide the appropriate subsidies to ensure your earnings are stabilized Read more …
In the past month I’ve been covering the best possible Bitcoin wallets of each type (Android, desktop and hardware). For the final post in this series I’d like to review the Bitcoin wallets available for iOS. Five years ago, your choices for bitcoin wallets was more limited, but in 2017 there are so many options that it can be overwhelming at times. Before going any further, make sure you familiarize yourself with the basics of Bitcoin wallets through this video: Read more …
Note: this review assumes knowledge of the Antminer S9. If you’re unfamiliar with that device, see our detailed Antminer S9 review. Despite the recent AsicBoost and Antbleed scandals, Bitmain remains the world’s premier ASIC manufacturer. Their hardware is just that good that, in most cases, anyone who wants to mine Bitcoin is forced to hold their nose and buy from Bitmain. It’s estimated that their hardware currently powers around 70% of the Bitcoin network. Antminer’s S9, which we reviewed in-depth, Read more …
BTC.com is always looking to bring new users into the world of bitcoin. We understand, however, that the technology can seem overwhelming to someone with little experience using it. With that in mind, we have decided to create a series of blog posts explaining certain topics in a concise and easy to digest manner. We’ll start from the beginning — short and sweet — with blockchain, blocks, and bitcoin miners. A blockchain is the digital ledger in which bitcoin transactions are recorded. It comprises Read more …
July 31st update – We’ve issued a complete list of who supports the fork and who doesn’t. This post complements the previous post we’ve written about the controversy within the Bitcoin community on March 2017. If you want a deeper understanding of what’s going on please read the original post. If you just want the gist of it, continue reading… Recently people have been asking about SegWit, August 1st and the possibility of a split in the bitcoin network. In this article we’ll Read more …
What is Zcash (ZEC)? ZCash is a new project which is headed by Zooko Wilcox, that’s here to tackle one of bitcoin’s most urging issues – traceability. As you may or may not know Bitcoin isn’t completely anonymous. Zcash has one major added feature on top of bitcoin, which is completely private transactions. This means that both the recipient and the amount sent are being kept a secret, unknown to anyone but the sender and the recipient. Now you’re probably thinking, Read more …
Bitmain are (in)famous in the Bitcoin world, not only for producing the fastest available ASIC miners but for their AsicBoost and Antbleed scandals. With the powerful L3 Scrypt miner, Bitmain have expanded into Litecoin mining. Once again, their products supply the most hash for your cash… But as the L3 was quickly sold out on Bitmain’s store, should you try to buy it elsewhere or opt instead for Bitmain’s improved model, the L3+? A rare L3, being sold on eBay. Read more …
Act quick, scan his QR codes, and win big The mysteriously masked Bitcoin-Man will spread real bitcoin in Amsterdam, on Saturday, July 15. Just who is Bitcoin-Man? Where has he come from? Is his mask made of real gold? Is his suit tailored or off the rack? The world may never know. We can be certain, however, that Bitcoin-Man is a vigilante of financial justice, intent on exposing bitcoin and the BTC.com wallet for what they are — safe, secure, and easy Read more …