The New York blockchain startup Blockstack reported on the ongoing work on a new distributed protocol called Stacks, which uses the hash power of the Bitcoin network in combination with the Proof-of-Burn mechanism (PoB). The presentation of Stacks took place in January at an event organized by a startup in Hong Kong. An explanation of the principle of the new consensus algorithm is also available in the video posted by the lead developer of the project […]
Author: BlockchainJournal
Chinese investors give their preference to Grin – these are the results of a recent poll of the local media resource PANews . Most citizens interested in the crypt consider Grin to be the most promising private cryptocurrency project. At the same time, Dash is still the most popular anonymous altcoin. The survey involved 651 respondents from different regions of China. According to preliminary results, the majority of respondents consider Dash, Monero and Grin the most popular private cryptocurrencies. Of these, 20 percent know about Dash, 18 percent have ever heard of Monero, and 13 percent know about the potential…
Twitter CEO Jack Dorsey reiterated that Bitcoin could become the native currency of the Internet. He said this on a Joe Rogan podcast. “I am convinced that the Internet will have a native currency. I assume that Bitcoin can become one, given the tests through which it has passed, as well as the principles on which it is built. He was born on the Internet, developed […]
We bring to your attention an interview with Andrei Pogorely, a well-known expert in the cryptocurrency market and the founder of iTuber. We thank Andrew for the detailed and informative answers. How do you see the place of cryptocurrency in the modern economy? Is there a real need and demand for “digital assets” now? I move away from people's need: too expensive payments, i.e. transaction fees, too long process of operations third parties are involved in the transaction, possibility of blocking operations and freezing funds. In this regard, it is more convenient for people to use cryptocurrency , subject to…
Peter Vincennes, the former chairman of the Bitcoin Foundation and the head of CoinLab, allegedly demands about 1.6 trillion yen ($ 16 billion) from the bankrupt Mt.Gox bitcoin exchange. This was announced by lawyer Daniel Kelman. Peter @vessenes claiming ¥ 1.6 JPY in damages from MtGox. He apparently thinks pic.twitter.com/WxyDLYAQMo – Daniel Kelman […]
According to the Russian Prime Minister, digital assets should be regulated by international conventions. Dmitry Medvedev spoke against too tight regulation of the digital sphere – including cryptocurrency and blockchain. According to Medvedev, relations in the digital sphere should be regulated reasonably and without excessive administrative pressure. This opinion was expressed by the Prime Minister in the framework of the Digital Agenda in the Epoch of Globalization 2.0 Innovation Ecosystem of Eurasia forum, TASS news agency reported . Medvedev said that now we need to work out the issues of legal definition of key concepts in the cryptosphere, including blockchain…
Casa bitcoin company opened the source code of its Lightning node to make the product more reliable for users. At the same time, representatives of the company stressed that at the moment they are not going to create a full-scale opensource project. Announcement 1 comin 'in hot: You've asked, and now we're delivering. Casa Node code is now open sourced! For more details, read our official announcement here: […]
The state of Wyoming passed a law on January 31, equating cryptocurrency to money. The relevant law will come into force on March 1, 2019. The Digital Assets Act (SF0125) was introduced on January 18, and accepted for review on January 22. Its author is Senator Tara Nethercott, and eight other senators are named as co-authors. In a published document, it is noted that for the legitimate use of cryptocurrency, it must comply with the 3 classifications listed below: Digital consumer assets; Digital securities; Virtual currencies. The meaning of each category is described in detail in the official law document…
The Bellingcat research team tracked down a transaction of 0.026043 BTC dated February 1, 2016, which special prosecutor in the case of Russian intervention in the US presidential elections Robert Muller associated with the activities of the Main Intelligence Directorate of the Russian Federation (GRU) and the hacking of servers of the National Committee of the Democratic Party of the USA. Want to have some fun over the weekend with blockchain, Bitcoin, and […]
The price of bitcoin shows a downward trend in the last 411 days. This is the longest bear market for the ten-year history of the first cryptocurrency, reports CoinDesk. On December 17, 2017, Bitcoin reached an absolute maximum in the region of $ 20,000, after which the decline began, which continues to this day. Note that the bear market in 2013-2015 lasted 410 days. None […]
