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Average Bitcoin Spender Doesn't Need 6 Confirmations - Mathematicians


Double-spending an average Bitcoin (BTC) transaction is not profitable and, though exchanges and merchants often require it, sending some sats may not in fact need six confirmations – according to calculations by two mathematicians. For an average transaction, only one or two confirmations...

Whales Control Most of Litecoin, Many Ethereum Tokens


A new study of 140,000 crypto addresses finds that few accounts are needed to form majority ownership of many coins. More than half of all LTC is held in just 189 non-exchange addresses, and on average, the top 100 ERC20 tokens are majority-owned by just 34 addresses. Almost 1 in 4 tokens had...

The State Encourages ICO Fraud. The Free Market Minimizes It  


Many Initial Coin Offerings (ICOs) have been and are frauds. The state enables this con game in various ways, including the establishment of accredited investors and the regulation of businesses that sell equity. Shut off from the most lucrative aspects of investment, average people rush into...

Despite Bitcoin’s Price Drop, High-Powered Mining Rigs Still Profit


Since BTC prices slid below the $8K price range, mining operations have been making less revenue. On Sunday, December 1, only 13 mining rigs with an average electricity cost of $0.12 per kWh are profiting at current prices. Of course, miners from China and other regions pay far less per kWh...

Maduro Plans to Give Venezuelan Pensioners Petro as Christmas Bonus


Regional news outlets from Venezuela have revealed that President Nicolás Maduro plans to dole out petro as a ‘Christmas bonus’ for Venezuelan retirees and pensioners. Moreover, despite the fact that many Venezuelans say average citizens don’t use the petro, Maduro also...

A Look at JAMstack’s Speed, By the Numbers


People say JAMstack sites are fast — let’s find out why by looking at real performance metrics! We’ll cover common metrics, like Time to First Byte (TTFB) among others, then compare data across a wide section of sites to see how different ways to slice those sites up compare. First, I’d like...

3 Major Signs That Precede the Fall of World Reserve Currencies


The story of reserve currencies is long and stretches far back into ancient times. As modern history shows, however, the average lifespan of fiat reserve assets is just around 100 years. This means that even the U.S. dollar’s period of dominance is probably nearing its end very soon...

'Ideal' Security Setup for an Average Bitcoiner by Security Experts


Answering a question in a recent AMA (ask me anything) session on protecting one’s Bitcoin from thieves, experts from crypto security specialist Casa gave what may be an ideal security setup for any average BTC holder, based on the amount they’re securing. Casa’s Chief Technology Officer (CTO)...

Buying Bitcoin on the Street Is Getting Easier


Access to cryptocurrency, still a relatively new invention, requires some technological knowledge and computer literacy. In order to become more mainstream, however, Bitcoin will have to become more “main street” so to speak. Some crypto evangelists are finding ways to simplify...

5G Will Definitely Make the Web Slower, Maybe


Scott Jehl has written this wonderful piece about how 5G is on the horizon and how it could cause problems for users. But first, he starts by talking about the overwhelming positive news about it: [...] as it matures 5G is predicted to improve network speeds dramatically. Carriers are predicting...

Trading Cryptocurrencies: Commonly Used Technical Indicators (Part 2)


Introduction This is the second of our 2-part series on technical indicators commonly used in trading cryptocurrencies. If you have not read our first article, click here for our first article which introduces Simple Moving Average, Relative Strength Index and […] The post Trading...

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