One of the early Bitcoin developers (BTC), Jeff Garzik, on March 15 reported that he received a subpoena from the South Florida District Court related to the ongoing litigation between the Kleiman family and the self-styled Satoshi Nakamoto Craig Wright, Bitcoin.com writes. Ira Kleiman, brother of the deceased partner of Wright David Kleiman, who, according to some versions, could also be hiding under the pseudonym Satoshi Nakamoto, claims that the defendant appropriated 300,000 Bitcoins belonging to his family from a trust that has 1 million bitcoins in his accounts frozen until 2020. According to Garzik, lawyers Kleymanov insisted on bringing…
Author: BlockchainJournal
According to Valery Schepanik, senior consultant for digital assets of the United States Securities and Exchange Commission (SEC), the norms of securities legislation may apply to certain types of glasscoins. Reported Decrypt. According to Shchepanik’s classification, one stablecoin can be tied to real assets like gold or real estate, the other to fiat currency, and the third to […]
The head of blockchain and cryptocurrency trends at IBM, Jesse Lund (Jesse Lund) hinted that the bank-oriented Steablocoin will be an important development for the blockchain-based solution of cross – border payments from the technology giant. This Lund said in an interview with financial news channel Cheddar. IBM is pushing market demand for the development of such a stableblokino, the manager said and added that more details will be announced in the coming days. He noted that more and more banks around the world see huge benefits in launching stable tokens in national currencies. On the question of how comparable…
The energy of the Sun, if used in the mining of cryptocurrency , reduces the cost of electricity by 75% – said the owner of the mining company in Sweden, Christian Ander. According to him, the solar panels installed on the roof of his house have become a real boon in terms of managing the cost of Bitcoin mining, when its cost is almost five times less than the historical maximum for this cryptocurrency. Ander says that he has a double benefit: the energy of the Sun for the needs of his household, and not just for mining. He also…
The last few years between the blockchain developers and manufacturers of ASIC miners is a technological race. Developers seek to limit the profitability of ASIC in their systems, manufacturers – to make more efficient devices. In the new special project from ForkLog and æternity “Struggle with ASIC: the present and the future of mining cryptocurrency” we told what was behind this struggle and what it would lead the blockchain industry. To compose […]
IBM’s blockchain director Jess Lund, in a conversation with Cheddar, hinted that the future-oriented development of the technology giant could be a banking sector-oriented steakcoin. According to Lund, the “stable coin” will be used for cross-border and interbank payments. The motive for its creation was the "market demand", especially from financial institutions. He also noted that detailed information about the new […]
The daily trading volume of Bitcoins on Friday exceeded $ 11 billion – the value observed for the last time in April last year, drew attention CoinDesk . Then the weighted average price of bitcoin was $ 8,845, and today – less than half of this value. Nevertheless, investors do not lose interest in the leading cryptocurrency, according to market data. It is noteworthy that over the course of several years, trading volumes changed along with the price of the asset, but the correlation was broken in November, when Bitcoin experienced another sharp decline, but not the activity of traders…
Analysis of trading on the popular P2P platform for buying and selling Bitcoins LocalBitcoins shows that the trend for buying Bitcoins is increasing in Russia. So, in a week, in the end of February – the beginning of March, the Russians acquired 3,600 Bitcoins, which is 1.8 times more than the former leader in this regard, Venezuela (1953 Bitcoins). In the first half of March, Venezuela recorded a drop in the volume of purchases of bitcoins, including due to large-scale power cuts and the inaccessibility of the Internet. If Russians continue to buy bitcoins at the current level, then in…
The microtransaction protocol of the Lightning Network in the future can make the mass distribution of Bitcoin a reality, while at the same time implementing Satoshi Nakamoto's concept of digital p2p money. The growth of this second-tier network is indeed proceeding at an enormous pace. So, by mid-March, the number of available nodes exceeded 7,300, an increase of almost 19% over the month. The number of open channels has grown by 45%, which now numbers more than 35,000, and the total network capacity has exceeded 820 BTC ($ 3.2 million at the current Bitcoin rate ). To maintain this progress,…
Despite the deep correction of the cryptocurrency market, today successful projects continue their development and step into a happy cryptocurrency future. Perhaps one of the most striking examples was the BitTorrent project. A bit of history BitTorrent is the flagship developer of peer-to-peer technology for sharing files on the Internet. The leading place among the company's products took μTorrent and BitTorrent. According to the official website, every day 40% of world traffic comes from using μTorrent and BitTorrent, more than 170 million users use μTorrent and BitTorrent every month. The numbers are impressive. Naturally, such a promising company could not…
