Network

More than half of the full nodes in the main Bitcoin network still have not installed the Bitcoin Core client update, which eliminated a critical vulnerability that allowed sabotaging the work of 90% of the nodes for double spending. This was reported at the beginning of the month by the Cointelegraph, citing developer Luke Dash Jr. However, today the situation has not changed. 44.3% […]

On May 23, an unknown user made a transaction at 8.881 LTC, but paid a commission in the amount of 200.00360600 LTC (about $ 20 thousand at the time of writing). This was probably done by mistake. Thus, the commission for KB of data in the block was 83.2 LTC. This triggered a temporary increase in commissions on the network to the highs of December 2017 – around $ 0.70. Note, […]

The major holders of the tokens of the Polkadot and Dfinity projects sell significant amounts of these assets in over-the-counter markets. It is reported by The Block, citing cryptocurrency funds and investors who were offered to buy coins. So, to be precise, the original investors put up for sale SAFT-contracts, giving ownership of the not yet issued tokens. The publication claims that at the moment […]

Large mining pools BTC.com and BTC.top carried out a “51% attack” to cancel the transaction of another miner who tried to gain access to funds that did not belong to him, reports CoinDesk. Thus, during the last hard forks, which took place on May 15, an unknown attacker took advantage of the vulnerability in the Bitcoin Cash protocol and provoked the chain fork into two alternatives. This led to the fact that miners […]

In the network of Monero cryptocurrency oriented privacy, a new PoW consensus algorithm called RandomX from the developer of decentralized Internet Arweave can be implemented. It all depends on the results of the audit of the new protocol, according to Cointelegraph. At the moment, Monero developers implement hard forks every six months to avoid network capture by ASIC miners, however, this approach is considered controversial in the community. So, Arweave […]

The popular LocalBitcoins p2p platform has ceased to provide its services to Iranian users. The likely reason for such a decision could be US sanctions, although the service representatives did not state this directly, reports CoinDesk. It is noteworthy that within a few weeks, trading volumes in Iranian rials on LocalBitcoins increased significantly, eventually reaching the figures for January 2018 (45.64 billion Iranian rials in a week). […]

Operator of the world's largest social network Facebook Inc. will launch a new payment network based on its own cryptocurrency in the “dozen countries” in the first quarter of 2020, the BBC reports. The publication claims that Facebook consults with representatives of the US Treasury Department and the Bank of England manager Marc Carney regarding the regulation of the initiative, code-named Libra. At the same time, the Financial Times […]

The blockchain platform Telegram Open Network (TON) will be launched in the third quarter of 2019. It is reported by The Block, citing investors of the project, who allegedly received letters with this information. According to the documents received, the platform has been successfully tested. His results confirmed the conformity of the blockchain and the consensus algorithm to the goals stated in white paper. "The testing period reaffirmed the confidence in […]