Bitcoin Core 0.16.1, a new minor version including new features and performance improvements, has been officially released, according to an announcement made on Friday, June 15.
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Bitcoin Core developers have announced they activated CSV soft fork, which incluides BIP68, BIP113, and BIP112.
Bitcoin Core developers have announcedÂ they release the new version of Bitcoin network client numbered 0.12.1. The release features a new mechanism of soft-fork deployment BIP9, which in turn activates proposals BIP68, BIP112, and BIP113. More About the BIPs BIP68 allows miners to prohibit a transaction until a specified moment in time or until the transaction […]
China-based F2Pool, the world’s second largest miner in terms of capacity, confirmed it rejected the original idea of supporting Bitcoin Classic as a possible solution for block size scaling, and stuck with Bitcoin Core. The same decision was made by another Chinese miner HaoBTC. Its spokespersons state Chinese miners mostly side with Bitcoin Core. The […]
Former Bitcoin Core developer and one of bitcoin’s earliest adopters Mike Hearn stated he abandoned digital currency ecosystem as it suffers from a massive crisis.
The notorious block size debate is about to gain yet another dimension following the release of a “road map” conceptualized by Bitcoin Core developer Gregory Maxwell.
Former developer of Bitcoin Core, and current employee of R3CEV, Mike Hearn reminded the community he’s still alive having claimed that main problems that the cryptocurrency faces are in fact caused by Blockstream, and its co-founder Gregory Maxwell personally.
Chinese crypto mining giant Bitmain confirmed the restructuring of the company in order to “build a long-term, sustainable and scalable business.”
Officially launched on October 31, 2018, the 10th anniversary of Satoshi Nakamoto’s white paper, Wasabi Wallet is an open source, non-custodial, privacy focused Bitcoin wallet, which implements the technology known as Chaumian CoinJoin, a trustless coin shuffling with mathematically provable anonymity.
Dr. Pieter Wuille, co-founder of Blockstream and one of the most prolific Bitcoin Core developers, announced on Monday a new open-source project that will focus on making improvements to “BTC transaction relay.”
Slush Pool is one of those names in Bitcoin industry which, as it might seem, has been around forever. Based in Prague, Czech Republic, it was launched back in 2010 and not only was the very first mining pool in existence, but also paved the way for plethora of other pools, essentially laying the foundation […]
Entrepreneur, developer and educator, Jimmy Song is a well-known figure in Bitcoin community. Former principal architect at blockchain firn Paxos and VP of engineering at wallet management platform Armory Technologies, today he runs a training company called Programming Blockchain, that provides blockchain programming and development training, and also acts as a venture partner at Blockchain […]
What is the nature of privacy? Is it our basic right or a privilege? If it is our fundamental freedom, do we have to fight for it? That is the question. Most people prefer easy options to avoid such crucial fights. For years it was only cypherpunks who have tried to develop technologies which could […]
The price of Ether, the second largest cryptocurrency my market cap, fell dramatically on Saturday night breaching the $200 price level for the first time since July 2017. Over the last 24 hours ETH lost over 12 per cent and more than 35 per cent over the last seven days showing the worst performance among […]
Litecoin Core’s latest update v.0.16.2 has officially come out today, September 8. This is a new minor version release which includes new features, various bug fixes and performance improvements, as well as updated translations.
Despite the deep correction the cryptocurrency market has suffered throughout 2018, its capitalization is still holding above $200 billion while leading exchanges are securing deals worth hundreds of millions of dollars every day and institutional investors are looking for a better infrastructure around the industry to take part in the revolution.
While the crypto market keeps on moving down, it becomes even harder to convince unfortunate retail investors that there is a real value in Bitcoin and its underlying technology.
As the world’s largest cryptocurrency mining company Bitmain Technologies is filing for an initial public offering (IPO) hoping to raise $18 billion on the Hong Kong Stock Exchange at a market capitalization of $40 to $50 billion, observers are already sending potential red flags to the investors.
A team of Bitcoin engineers has announced the launch of the Bitcoin Operations Technology Group (Bitcoin Optech) addressing the problem of Bitcoin’s scalability, according to their statement published July 20.
Formerly known as Rootstock, RSK Labs is an Argentinian startup building the first open-source smart contract platform with a 2-way peg to Bitcoin that also rewards the miners through merge-mining.
Recalling some of the last year’s events, Erik Voorhees says the community is already deeply split and, unfortunately, there were no winners in the stand-off between the Bitcoin Core and Bitcoin Cash proponents.
The Bitcoin Foundation is a group of industry insiders with the stated goals of funding Bitcoin infrastructure and promoting it to the public. This helped the Foundation to make over $350,000 from membership dues last year alone as multiple Bitcoin-related startups and paying members believe they’re helping to improve Bitcoin through the Foundation.
The bitcoin community is growing fast, and so does the scaling problem. As Bitfinex and Coinbase added support for Segregated Witness, bitcoin network capabilities remain limited – thousands of unconfirmed transactions are often stuck when there is a new flow of interested users.
Sweden-based bitcoin startup Bitrefill focused on topping up mobile phone accounts and selling gift cards has garnered some attention from the community in the recent months after implementing some innovative solutions.
The group of Mybtgwallet scam victims has been negotiating refund of $5 million stolen in users funds with the Bitcoin Gold team for the past month. As the talks are stalled, there is no way for victims but to sue the core team members.
SegWit2x, a Bitcoin hardfork expected to become effective this November, is among the most talked-about and somewhat disputable matters in the community. ForkLog talked with Dr. Adam Back, the CEO of Blockstream and one of the world’s leading Bitcoin developers, to find out what’s that dangerous about it, and how to prepare yourself for that.
Summer 2017 was hot in every sense of the word. Aside from the drama that resolved with bitcoin hardforking into two, there were several major conferences and other events like Hyperledger Hackfest in Odessa DataArt center. There, renowned speakers shared their experience of work in blockchain projects, and held several coding practice sessions.
SegWit might be one of the burning issues concerning Bitcoin’s scaling up, however, it has gone beyond the first cryptocurrency.
This March proved exuberant of drama for the entire cryptocurrency community. First, the Winklevoss failed to obtain SEC approval for their ETF, then some altcoins rushed upwards, and all that against the background of fierce discussions concerning well-planned media attacks by both sides of the Unlimited/Core conflict. This feature discusses some important issues of the […]
A team of coders from Imperial College London and Cornell University has come up with a brand new solution for bitcoin network scalability, which uses trusted execution environment in the components of secure hardware.
Rumors of Ukraine’s largest commercial bank PrivatBank inevitable nationalization have been circulating for a long time. One may only guess whether the new record set at Ukraine’s LocalBitcoins last week has anything to do with that; however, the USD exchange rate in Ukraine definitely has, as millions of the bank’s clients rushed to convert their […]
Several weeks ago, ForkLog announced a readers poll, with 1,038 users participating. Our editorial board has summarized the readers’ answers, so that everyone could decide for themselves as to the degree of cryptocurrency integration in our lives.
Andrew Poelstra of Blockstream has presented a new Bitcoin network scalability solution dubbed Mimblewimble on the first day of Scaling Bitcoin conference in Milan.
Recently founded start-up bitcoin-based browser Brave already drew the attention of the media with raising a huge funding from leading venture capital firms and angel investors. TheÂ Brave team claims the browser to be more user-friendly in terms of safety, privacy and, the issue they mostly focus on, advertising.
Abrupt plunging of bitcoin price in the wake of a ruthless attack by an equally ruthless hacker who had stolen nearly 120,000 BTC from Bitfinex has surprisingly benefited the cryptocurrency in a way.
Bitcoin price has been moving downwards for two weeks already. On Tuesday, August 2, it plunged down to $595 for a short while. However, at press time bitcoin price has already rebounded to 602.51 USD.
Bitcoin donations platform BitHope.org has posted a petition urging people to donate to Edward Snowden.
The week after bitcoin mining reward halving, ForkLog decided to compile a short overview on the history of mining methods.
Gender differentiation today looks outdated and uncourteous in today’s society, not because there are no differences of that kind, but because depriving people on that basis is aÂ mere nineteenth century. Some people just tend to discriminate others, but they’re inconsistent, and choose the most illogical concepts from the bunch of coal-and-steam ideas, even though they […]
Reward halving is about to happen in less than hour, and the community gets oversaturated with the opinions as to what will happen to bitcoin price and the cryptocurrency itself once it occurs. Still, halving isn’t the only thing capable of seriously impacting bitcoin price. ForkLog brought together all anticipated events that will definitely have […]
Bitcoin scalability debate gained steam as 8btc.com published details of the Bitcoin Classic implementation proposal discussed by miners of China.
June 8, Ruben De Vries, one of developers of decentralized finance tools platform Counterparty has announced that testing the company’s new protocol for smart contracts, EVMParty, has successfully kicked off.
Bitcoin Foundation has been an easy target for criticism and comparisons to defunct red tape entities and failed states. Last year, it has gone through a series of ordeals, including exodus of several board members and realization that it will have run out of money by this March.
Bruce Fenton, CEO at Bitcoin Foundation, attempted to shed some sunlight on myths around Bitcoin in an interview with RT.Â He stated that most problems associated with the system are a consequence of poor knowledge of cryptocurrency in general. Speaking about notorious exodus of Mike Hearn, and addressing his statements of bitcoin’s demise, Fenton said: “I […]
Australian Craig Wright, who has recently claimed he is Satoshi Nakamoto, promised to provide additional evidence thereof. In particular, he stated he intends to effect a transaction from one of the first bitcoin addresses.
Bitcoin’s new price achievement, important news from the industry’s stakeholders, novelties at exchanges and platforms, blockchain’s continuing development, regulation news and many other things – covered in ForkLog’s weekly overview. Bitcoin Price Bitcoin continued ascending this week, and reached this year’s highest mark at $470.16 on Tuesday, April 26. However, significant fluctuations followed the peak, […]
ForkLog continues exploring cryptocurrency worlds of different countries. Earlier we took a close look at bitcoin’s stance in Bulgaria and Finland. Today we decided to explore one of the Baltic states, Estonia. There are not too many news concerning blockchain and cryptocurrencies coming from Estonia; however, the country has its own bitcoin community as well […]
Bitcoin price growing, new investments in the industry, ambitious statements on practical application of blockchain technology – all highlights of crypto-industry’s week presented in ForkLog’s weekly overview.
Mastermind and lead developer of Dash, Evan Duffield, was among the participants of Satoshi Rountable discussing current problems bitcoin industry faces. Following the event, Evan stated that Dash, as opposed to Bitcoin, has no scalability problem.
Last month has been quite fruitful with events being held with a single aim to reach an industry-wide consensus on Bitcoin network scaling. Bitfury Group, the world’s leading Bitcoin Blockchain infrastructure provider and transaction processing company, initiated the first Bitcoin Consensus Roundtable back in January, with two other meetings to follow later. The second Roundtable, […]
A few days ago, Bankir.ru published an interesting feature by Corezoid founder and PrivatBank’s e-business center head, Alexander Vityaz. His predictions stating that VISA, not Bitcoin or blockchain technology, will eventually destroy the banking system, have gone viral across media and social networks. ForkLog talked with Alexander to make things clearer. FL: In your feature, […]
Following an 18 hour-long meeting in Hong Kong, a group of miners representing nearly 80% of the network’s hash power, alongside with representatives of several prominent exchanges, issued a timeline for introducing a hard-fork solution.
After the last week’s bitcoin roundtable, where some of the most prominent figures of the industry have gathered to discuss possible solutions to the drawn out block size dispute, some thought the resulting letter was making an offer the developers wouldn’t refuse. As a reminder, last week, representatives for several mining pools collectively holding at […]
Mining pools collectively holding at least 70% of the whole bitcoin network’s hash power sided with two large bitcoin exchanges in a so-called “call for consensus”. The call in question was compiled following the roundtable where the attendees agreed not to support Bitcoin Classic or any other hard-fork they call “contentious”. This move may propel […]
The first version of Bitcoin Classic fork, which implies twofold increase of block size, from current 1 MB to 2 MB, is released. The initial code of Bitcoin Classic 0.11.2 was posted on Github by Bitcoin developer, Gavin Andresen, on February 9. The version is numbered 0.11.2, however, this only means it’s compatible with Bitcoin […]
It’s not a secret that China is bitcoin world’s leader in many regards. Since the major cryptocurrency glut in 2013, Chinese companies started getting increasingly involved in virtual money, including mining and various financial services. Currently there are about 20 major companies involved in cryptocurrency operations, with about 800,000 customer base, not to mention smaller […]
The continuing block size debate has entered a new phase following the announcement by Antpool concerning its forthcoming test run of Bitcoin Classic, which is considered one of possible solutions to the problem. Jihan Wu, CEO at Antminer, tweeted: Antpool will start to test Classic soon. There is 7day long holidays ahead, so it's likely […]
The recent surge in Bitcoin price amidst stock exchange turmoil and capital outflows from China has been brusquely interrupted by the new round of Bitcoin scalability dispute. Providing that neither the current Bitcoin Core team nor Bitcoin NXT can find a middle ground, the bullying of each opinion group finally resulted in a somewhat hysterical […]
A few years ago, I went to see a shrink. She taught me a pretty simple technique to get down to the bedrock of my problems. The technique is indeed a piece of cake, and anyone may use it. You just have to keep asking yourself â€śwhy so?â€ť One time is not enough. Those experienced […]
Blockchain’s disruptive potential is omitted solely in yellow publications, and the last company to proclaim its intention to integrate the technology in its services will probably become the stone-age Russian Post. International banks unite under major consortiums, startuppers prowl for opportunities to implement blockchain in yet another app, while venture capitalists headhunt for prospective developers. […]
Surprisingly for many bitcoin community members, Jonathan Toomim’s Bitcoin Classic proposal has garnered support from as much as 72% of the network’s mining capacity. With the consensus threshold set at 75%, the proposal is very likely to become active in no time.
When Mike Hearn buried bitcoin, its exchange rate immediately went down, as if you’re dead, you indeed should keep close to the ground. Lots of prominent cryptocurrency industry figures snapped into writing lots of texts, both long or laconic, stating that rumors about bitcoin’s death are somewhat exaggerated. Website titled â€śBitcoin Obituariesâ€ť so far contains […]
Sanne Kiljan, 23, a Dutch psychology student and an active bitcoiner holds a research project on broad acceptance of bitcoin in order to graduate as a bachelor of psychology at his university in Eindhoven, Netherlands. According to the press-release to the project, it seeks to investigate – using a quantitative methodology – various factors influencing […]
Two prominent Bitcoin Core contributors, Jeff Garzik and Gavin Andressen, co-wrote a response to the recently published bitcoin scalability roadmap by Gregory Maxwell, which is based on the SegWit concept.
Dmitri Donets, deputy chairman of e-business center at PrivatBank presented an extended speech on the bank’s cryptocurrency-related intents at Blockchain Conference Kyiv.
Special Read in Russian Unknown developers published a report on two new malware items capable of introducing dramatic amendments into Bitcoin mining on infected computers. As opposed to their counterparts, those malware programs are made in quite an exquisite way and remain almost invisible to a victim.
Privacy-oriented Bitcoin mobile wallet Samourai has announced release of a general update, bringing a fresh look and new user interface.
Emercoin blockchain developers have released 16 updates including support of Segregated Witness (SegWit) protocol. Also a new Emercoin wallet version has been released to match the new rules of the blockchain and dSDKs.
Some anthropologists believe consensus is a universal decision-making system inherent in primitive societies where people struggled for survival and inclined towards equal partnership.
It’s been almost six months since the fateful Ethereum hardfork that followed notorious The DAO attack. The turmoil around the fork has subsided since then, so now it’s high time to calmly assess the situation and take a closer look at Ethereum Classic.
Hong Kong-based exchange Bitfinex has stated that the losses incurred due to the recent hack may affect all of its users, including those whose wallets were not hacked in the first place.
Litecoin Association has published a roadmap for Litecoin’s further evolution, which includes, among other things, new client software, enhanced protocol, and consolidation of various management and communication structures.
Bitcoin and related issues, positive and not-so-positive news from exchanges and platforms, new investment in the industry, and possible contradiction in the midst of interbank umbrella â€” all in ForkLog’s traditional weekly overview.
Bitcoin growth continuing, Craig Wright coming out of the closet, Consensus 2016 being held in New York, and other milestones of the week – all together in ForkLog’s weekly overview. Bitcoin Price Even though some of the week’s events have initially undermined bitcoin price, so that it dropped down to $441 on Monday, further developments […]
If a child from a crypto-maximalist family behaves like a moron, parents probably tell him or her that there’s a centralization hiding under the bed. If they have a farm, there’s a dummy centralization scaring crows away. Maybe they even call people they don’t like that name. All in all, that’s the thing bitcoiners wish […]
Australian entrepreneur Craig Wright has publicly proven he is bitcoin’s creator by providing technical evidence he is indeed the person commonly referred to as Satoshi Nakamoto.
One of bitcoin industry’s leading investment companies Digital Currency Group has announced it raised funds from Western Union, and simultaneously announced it hired Larry Summers, former U.S. Treasury Secretary, and bitcoin developer Gavin Andresen as advisors.
Last weekend, the second international conference Satoshi Roundtable featuring the industry’s stakeholders was held to discuss the issues of network scalability and community development. The event held at a secret venue, allegedly somewhere in Florida, US, featured around 75 attendees representing almost any prominent company and startup, alongside with leading developers. While block size debate […]
Gavin Andresen, Bitcoin Core developer, announced he dismissed his BIP 101 proposal. The proposal was the basis for Bitcoin XT protocol. BIP 101 was developed in summer 2015 by Andresen and recently departed Mike Hearn. Their solution, however, was widely criticized due to its aggressive block size increase to 8 MB as of 2016 with […]
Gavin Andresen posted a new block size-related BIP proposal on Guthub. Though officially the so-called â€śbip-bump2mb.mediawikiâ€ť is a variation on a theme commonly known as BIP 102, and implies a 2 MB block size increase, some community members believe it technically is an almost precise copy of Bitcoin Classic. The proposal’s consensus threshold is set […]
New York-based blockchain startup R3CEV leading a consortium of 42 major banks and financial institutions announced it had finalized technology testing with eleven members of the group.
Cryptocurrency and digiital asset exchange ShapeShift announced on Wednesday, August 8, the acquisition of the Austin-based software company Bitfract after it made “the only tool in the world” that allows trading bitcoin into dozens of digital assets in a single transaction company’s API.
At 8 a.m., December 15, agents of Ukraine’s Security Service (SSU) along with two civilian witnesses to the search entered Anatoly Kaplan’s, founder and CEO of ForkLog online magazine, rented apartment in Odessa and conducted a search of the premises.
Today the future of Bitcoin is among the most widely discussed topics in the cryptocommunity. However, the fierce debate induced by hard forks and block size disagreements seem to have put other important aspects of cryptocurrency, like user privacy, to the back burner. The issue of personal privacy, though important, is but a part of […]
Russian Mining Center, a holding co-founded by a company owned by Russian internet ombudsman Dmitry Marinichev, has raised $43.2 million over an ICO, thus setting a new record amount raised by a local company.
Vlad Zamfir, a researcher and developer at the Ethereum Foundation, recently visited Odessa, Ukraine to take part in Blockchain Incredible Party (BIP 001), a major conference hosted by Distributed Lab.
The word ‘mining’ has become mesmerizing for many cryptocurrency enthusiasts and those who had never heard a thing about bitcoin, Ethereum, and other altcoins. Media report that graphics cards are short on supply, while companies selling professional mining equipment can’t handle the flood of orders.
April 6, Aeternity public pre-sale has ended demonstrating huge support from the community for this new project with over $5 million collected in ETH and BTC.
Another day, another ICO. The total amount of investments raised by The DAO, Ethereum and Waves alone comprised nearly $195 million. However, most crypto fundraising campaigns still occur in legal vacuum. So why do crypto projects prefer the crypto-based way of raising funds over those traditional, like venture capital financing?
Online advertising is a problem as big as the industry itself. However, Mass Network plans to solve this problem by letting users take part in revenue this industry produces, and applying the ancient old saying â€śIf you can’t beat them, join themâ€ť.
There are quite a number of people in the cryptocommunity eagerly anticipating the upcoming Dash Evolution, the new phase of Dash. However, even Dash’s lead developer, Evan Duffield, seems to be unaware of when it’s going to happen.
As of October 1, KIBO has been running its ICO having raised Ethereum-denominated equivalent of $3 million so far. During this time, ForkLog received numerous letters from our readers pointing out about the project’s dubious reputation and going as far asÂ accusing the platform’s creators of being downright scammers.
Waves, the 2.0 tokens platform, has released custom token functionality on its testnet ahead of the upcoming public release.
For the first time, a major digital currency, Dash, has announced the direct cooperation with a blockchain compliance platform provider, Coinfirm. The partnership creates the first interwoven solution for AML/KYC compliance in cryptocurrency, the fastest-growing sector in finance.
The Cyber.Fund team has announced creation of a Russian-language within decentralized social network Steemit. The Golos (â€śVoiceâ€ť) project will undergo an ICO. Steemit earlier claimed to have an unprecedented traffic level comparable to that of early Facebook and Reddit, however, the Russian-speaking community seemed to fail to see any advantages in that. Cyber.Fund’s statement notes […]
Sergey Fedotov, a Ukrainian banker with over 20 years of experience, has announced the launch of a banking platform for issuance of e-money that will be completely based on blockchain technology. The platform is said to become a full-fledged alternative to systems like Visa and MasterCard, and will provide banks with all functions necessary to […]
ForkLog editorial team got hands on with Ledger Nano S, the only known so far HD-wallet compatible with both Bitcoin and Ethereum.
Emercoin team isn’t dying to persuade exchanges to add EMC, preferring to focus on developing the technological side of the project and implementing Emer-based services in everyday life instead.
With just a couple of weeks left to go until the DECENT Software Sale starts, DECENT Content Distribution Platform announced its decision to adjust token distribution and the overall amount of tokens to be issued.
A short while ago, ForkLog conducted an own investigation of affairs around Ethereum Classic, mostly inspired by customer claims against exchanges. This time, we publish a translation of a private opinion of crypto-traders and bitcoin enthusiast Kir Kelevra as to Ethereum Classic and other processes that have shaken the industry over the recent months.