For just over two years now, in the very heart of Prague, a conceptually and practically unique establishment called Paralelní Polis has been working to bring together the leading figures of cryptocommunity.
In recent months many bitcoin users have been complaining about their transaction taking hours to get confirmed. Indeed, this happens quite often, and some users think that increasing a transaction fee could save the day. But is this really a remedy?
After our earlier feature on the accusations addressed to Kibo by some community members was published, ForkLog has undertaken its own investigation with experts, developers, lawyers and active members of the Russian-speaking cryptocommunity providing their assistance.
Bitcoin’s blocksize debate is about the technical contradiction between the speed of transactions and the network’s centralization. One of the parties, which we may conventionally dub “entrepreneurs”, is interested in the network’s scaling, while the other party, the so called “idealists”, is resisting further centralization. Each of these parties has.
These days, blockchain ceased being a mere computer technology with limited scope of applications, but a sort of a philosophic concept applicable anywhere in human society. In particular, it may be successfully implemented in state building and reformation of both governance systems and the society in general.
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.
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.
As probably everyone knows now, Coinbase intends to quadruple its fees effective as of August 5 this year. Having failed to provide any explanation for such abrupt upsurge of charges, the exchange now faces yet another string of critical statements from across the community.