Bitcoin is the first cryptocurrency in the world. It opened a new era of fintech and cutting-edge technologies base on blockchain. With the unbelievable increment in past 3 years, bitcoin’s price was almost reaching 20,000$ in past few days (about 18,200$). And its price be predicted to increase to 200,000$
Russia could evolve into the next major Bitcoin market, as the government continues to encourage Bitcoin mining and moves closer towards regulating its cryptocurrency exchange market. Russia’s plan Earlier this week, Cointelegraph revealed that Russian President Vladimir Putin approved the launch of CryptoRuble, a cryptographically-secured state-issued national digital currency. Minister of
Why nodes need to upgrade for Segwit Once the new Segwit consensus rules are activated, bitcoin transactions will now contain additional transaction information, and some definitions for important transaction rules will be changing. Nodes which fail to upgrade to support Segwit will face major security risks, including the risk of double-spend
There are 2 vulnerabilities faced by nodes that do not upgrade to the new segwit validation rules. The first is an increased risk of 0-conf double spends. The second is the risk of temporarily following an invalid fork. Segwit introduces new rules that treat certain output scripts as special. For
After many friends and family members asked me to explain my investments in blockchain assets, I decided to write an email. That email turned into this blog post. The following post is intended for the uninitiated but I hope those familiar with the concepts will benefit from this lucid overview.