As of early 24th August UTC, Bitcoin is now a Segregated Witness (SegWit) cryptocurrency. The major change occurred with a soft fork at block #481824 -- eight years and almost eight months since Bitcoin's birth. But what difference will it make? Also read: Bitcoin Is So Mainstream Now. Can We Still Enjoy It? SegWit "locked in" on the Bitcoin network on 8th August as … [Read more...] about Bitcoin’s Biggest Change Ever: SegWit Is Now Active
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Bitcoin Is So Mainstream Now. Can We Still Enjoy It?
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Well, in 2017 you can probably say you were cool enough to like Bitcoin before it went mainstream. That edgy band you used to see in bars for a few bucks now has Top 40 hits and plays stadiums for hundreds of bucks a ticket. Or thousands. But what happens if/when the crowds die down? Also read: Estonia Wants to Launch a State Supported Cryptocurrency Major network NBC … [Read more...] about Bitcoin Is So Mainstream Now. Can We Still Enjoy It?
Chinese Bitcoin Exchanges Secretly Investing Customer Funds, Says Report
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A recent report out of China may have solved the mystery of how Chinese bitcoin exchanges were able to remain profitable whilst operating on a zero fee platform. Also read: As of Today, Bitcoin Cash Has the Longer Blockchain Xinhua reported that the Huobi and OKCoin exchanges were investing customers' funds into what are known as Wealth Management Products (WMPs): … [Read more...] about Chinese Bitcoin Exchanges Secretly Investing Customer Funds, Says Report
Breadwallet Team: Our Users Always Have Full Control of Their Coins
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The team behind popular mobile app breadwallet have clarified its users will always have full control over their coins. It comes after concerns over what would happen to funds if Bitcoin hard forks again in the future. Also read: Shanghai Authorities Halt Blockchain Event, but No Fears of Wider Crackdown Breadwallet Follows the Majority Chain The concerns arose over an … [Read more...] about Breadwallet Team: Our Users Always Have Full Control of Their Coins
As of Today, Bitcoin Cash Has the Longer Blockchain
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Bitcoin Cash (BCC) has surpassed Bitcoin as the longer blockchain, as lower difficulty brought in more hashing power. More Bitcoin mining pools are also offering members a BCC option. Also read: Ethereum ‘Difficulty Bomb’ May Not Happen for Another Year or Two At press time, the Bitcoin Cash blockchain was almost 200 blocks longer than Bitcoin. Lowered difficulty plus … [Read more...] about As of Today, Bitcoin Cash Has the Longer Blockchain