Once upon a time there was a Bitcoin scaling proposal called BIP100. It appeared in 2015 with a stated goal of taking power away from a few developers and handing it to economic stakeholders (namely miners). Also read: Bitcoin Unlimited Creator: Only On-Chain Scaling Helps Real Life Use Cases Two years later, the proposal is still very active and presents another option … [Read more...] about It’s Time to Take Another Look at the BIP100 Miner-Based Scaling Plan
Bitcoin & Crypto Mining
Bitcoin & Crypto Mining
Prominent Chinese engineer, blogger and investor Jiang Zhuoer has thrown support behind 'Extension Blocks' as a solution to Bitcoin scaling. In particular, he wrote today, Extension Blocks would overcome some key points of opposition to both SegWit and Bitcoin Unlimited. Also read: BW Pool Says Litecoin a ‘Trailblazer’ and May Attract More Users Best of Both … [Read more...] about Extension Blocks Avoid Obstacles to Bitcoin Scaling: Jiang Zhuoer
Litecoin is back in the headlines. To industry veterans this might seem nostalgic, almost retro. However recent signs it could adopt SegWit before Bitcoin via the BW mining pool have boosted its price, and propelled the "silver" cryptocurrency back into public imagination. Also read: Litecoin Rises 15% on Strong SegWit Signal SegWit proponents, including Litecoin creator … [Read more...] about BW Pool Says Litecoin a ‘Trailblazer’ and May Attract More Users
ViaBTC, one of the 10 largest bitcoin mining pools and cloud provider, has raised ¥20 million CNY (USD$2.9m) in a Series A round. The company said it would use the money to expand its business globally and launch a new international bitcoin exchange. Also read: Bitmain: AsicBoost Not a Covert Attack, Never Used on MainNet Shenzhen, China-based ViaBTC also announced … [Read more...] about ViaBTC Raises $2.9M, Will Launch New Exchange This Year
In the past week, the Bitcoin network experienced a number of 'transaction malleability' issues. The discrepancies caused problems for some service providers, notably Blockchain. Also read: Concerns Over Chinese Exchanges Partly Led to Bitcoin ETF Rejection Some pointed to the BitClub Network mining pool as the source for this 'attack', though it remains unclear whether … [Read more...] about Were Last Week’s Transaction Malleability Attacks Designed to Push SegWit?