Bitcoin Private – a new Bitcoin hard fork that promotes anonymity
Bitcoin Private (BTCP) is the latest hard fork that is planned to take place on Bitcoin’s blockchain in the near future. BTCP will provide more privacy to its users. The transactions will still be stored on a public ledger, however, the meta data of users will not be stored onto it.
Lightning Network – HTTP of blockchain networks
The Lightning Network (LN) is an innovative solution that can solve Bitcoin’s scalability problems. Since its launch in January, the LN has been growing steadily. Not only can it greatly reduce transactions’ confirmation times, but it can also render Bitcoin suitable once again for micropayments. Moreover, the LN can facilitate exchange of value across two different blockchains without having to rely on any centralized entities.
SEC and CFTC release a joint warning against crypto-related scams
The SEC and CFTC have decided to launch a joint effort against cryptocurrency related scams. 2017 has been the year of digital tokens and billions have been made via digital currency related activities. The new effort is being hailed by the community and everyone appreciates the SEC’s and CFTC’s determination to bust fraudsters.
Lightning network is growing steadily
The essence of Bitcoin is instantaneous payments with next to nothing fees. While this is usually the banner of the Bitcoin community, when one delves deeper into the community, it can be seen that payments through Bitcoin are not actually free and are never processed instantly.
Anonymous report reveals suspicious deviations in Tether transactions
An anonymous reporter uses Benford’s Law to determine whether tether is affecting or manipulating the bitcoin price.
DDoS targets Weiss following awarding Bitcoin a C+ rating
After awarding bitcoin a C+ rating, Weiss was targeted by a DDoS attack. Weiss ratings is a group that formally rates various investment assets, currencies, and financial institutions. The group had rated cryptocurrencies for the first time before being the target of the attack..
Decentralized Identifiers – the internet’s “missing identity layer”
DIDs represent an important innovation because they give us the ability to establish digital identifiers that are persistent, secure, and globally resolvable, yet their creation does not require a central authority or intermediary.
BitConnect in deep water again as investors file lawsuit
Investors of the now defunct BitConnect are demanding compensation for their losses. The plaintiffs are claiming that they were promised profits but BitConnect failed to meet its promises. BitConnect shut down on January 17th, but it seems like its troubles are yet to be over.
An inside look at the Venezuelan bitcoin mining world
Venezuela offers inexpensive electricity, which makes mining bitcoin very profitable. However, government crack downs have threatened the bitcoin mining community in the country.
Alternatives to discontinued WaveCrest’s bitcoin debit cards
After WaveCrest discontinued its debit card for Bitcoin and altcoins, users can choose from alternatives. These options include epayments, Wagecan, and Worldcore. Epayments is the least expensive and provides the most extensive services.
