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Archiv für Juni 2018

Lightning Network ‚Really Does‘ Solve Bitcoin Scaling: Andreas Antonopoulos

Andreas Antonopoulos has defended the Lightning Network as an optimal Bitcoin scaling solution, saying it is “naive” to assume that its current nascent state means it will fail to scale in future. Critics ‘Misunderstand Engineering’ Speaking as part of his regular Q&A sessions, the celebrated cryptocurrency educator and lecturer addressed criticism of Lightning, which remains…


‚All Wrong‘: Cryptocurrency Industry Rebukes Australian Banker For Bitcoin Complaints

A senior Australia central bank official who called Bitcoin “fascinating” but its blockchain “inefficient” has come under fire for plagiarism and spreading incorrect information about cryptocurrency. ‘Not Correct In The Slightest’ Tony Richards, head of the payments policy department at the Reserve Bank of Australia (RBA), delivered a speech to the Australian Business Economists in Sydney…


‚Roger Ver Will Now Cry‘: Stress Testers Start Attack on Bitcoin Cash

BitPico, a group of “Bitcoin developers, miners and whales” which previously stress-tested the Lightning Network, has begun attacking altcoin Bitcoin Cash (BCH). ‘The Bcash attack has been started’ In a series of tweets beginning June 22, the group, whose members’ identities remains unclear, declared that having tested Lightning’s mainnet implementation for rigidity via a coordinated…


South Korean Cryptocurrency Exchanges Struggle To Find Insurers

Due to recent security breaches and thefts among some large-scale cryptocurrency exchange platforms, the need for exchange insurance is booming. Many insurance companies, however, are hesitant to take the risk — citing their distrust in current security measures.  Cyber-Thieves On The Offensive It has been a tough year — and an especially tough month — for…


Jeff Garzik’s Metronome ICO Sells 50% Of Tokens to ‚Three Investors‘

Former Bitcoin core developer Jeff Garzik has sold almost half of the available tokens in his Metronome project’s initial coin offering to just three investors. Metronome: Empty-Handed Investors Vent Scorn Data from the Ethereum Blockchain confirms the giant transactions, which appear to have angered potential investors who claim they were unable to purchase tokens themselves.…