Teechan: New Bitcoin Scalability Solution Unveiled

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.

Trustless Banknotes: A Neoclassical Solution for Blocksize Debate

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.

Decentralized Social Network Yours to Use Lightning Network

Decentralized social network Yours is closing in on its launch. Currently, the team gives away invites to anyone who had provided their e-mail on the project’s landing page. The invites will be distributed within the next few weeks, however, it’s still unknown whether there’s a limited number thereof.

BitFury Releases a Proposal on Micropayments Routing in Lightning Network

BitFury Group published a whitepaper describing Lightning Network’s protocol routing as applied to micropayments in Bitcoin network. The proposal is a hybrid routing algorithm incorporating two phases: proactive update of routing scheme, which stores network topology data; and subsequent active data collection if Lightning Network sends a request. “Flare will.

Lightning, Halving and Tothemoon

On June 6, bitcoin miners have produced block #415,000. It means that mining reward will halve in less than 5,000 blocks or 42 days.