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Anonymous Bitcoin SV Miners Capture 55% of the Network Hashrate
25.3.2020
The Bitcoin SV network has been a topic of conversation recently as stealth miners currently command more than 55% of the chain’s overall hashrate during the last seven days. Last year analysts noticed a large amount of the hashrate on all three SHA256 networks (BTC, BCH, and BSV) was being...
2x Bitcoin: Wanna Double Your BTC to the Moon? Forget About It
23.3.2020
Amid worldwide crisis and stock market turmoil, a growing number of investment schemes advertise a way to speedily double your bitcoins. Moon Bitcoin Live, for example, claims to be a licensed bitcoin doubler, promising that investors can double their bitcoins within 24 hours, with guaranteed...
ETH Price Strains Defi Collateral Loans as ‘Black Swan’ Event Strikes Makerdao
13.3.2020
The price of ethereum dropping double digits on March 12 sent shockwaves through the decentralized finance (defi) community. Makerdao’s single collateral DAI has been struggling and the low price of ETH has left millions worth of DAI undercollateralized. The defi project’s...
Bitcoin Cash Community Supports Greater Privacy by Donating Over 100 BCH to Cashfusion Fundraiser
6.3.2020
The Bitcoin Cash community is showing its support for greater privacy by putting its money where its mouth is and donating to Cashfusion. The recently launched fundraiser has already raised more than 100 BCH and achieved over 70% of its goal. Once the total hits $50,000, Bitcoin.com will double...
DCA – The ‘Boring,’ Sensible Bitcoin Investment That Could Double Your Money in 2.5 Years
2.3.2020
Dollar Cost Averaging (DCA) as a crypto investment method may not be the most thrilling way to speculate on the bitcoin price, but it is one of the most level-headed, according to proponents. Using a simple online DCA calculator, one can choose a plan for buying small amounts of bitcoin at regular...
While You Weren’t Looking, CSS Gradients Got Better
14.2.2020
One thing that caught my eye on the list of features for Lea Verou's conic-gradient() polyfill was the last item:
Supports double position syntax (two positions for the same color stop, as a shortcut for two consecutive color stops with the same color)
Surprisingly, I recently discovered most...
Silk Road Mentor’s Arrest Rekindles Tales of Rogue Agents and Pirate’s Treasure
3.2.2020
On January 30, the United States Attorney for the Southern District of New York (SDNY) revealed that Roger Clark, the alleged senior advisor to the Silk Road marketplace, pleaded guilty to conspiring to distribute massive quantities of narcotics. Clark, otherwise known as ‘Variety...
Bitcoin Gold Blockchain Hit by 51% Attack Leading to $70K Double Spend
27.1.2020
A 51% attack on the Bitcoin Gold blockchain lead to double spend of $70,000 worth of the cryptocurrency
Bitcoin Gold 51% Attacked – Network Loses $70,000 in Double Spends
26.1.2020
The Bitcoin Gold (BTG) network suffered another set of 51% attacks on January 23-24, as roughly 29 blocks were removed in two deep blockchain reorganizations (reorgs). Reports indicate that more than 7,000 BTG was double spent as the chain suffered a loss of $70,000 in two days. Also read: Bitcoin...
Crypto Derivatives Market Might be 'Double the Size' of Spot Market in 2020
22.1.2020
Should interest in spot trading wanes, this year will see crypto derivatives rising, with futures and options contracts taking a larger market share, estimates TokenInsight, a token data and rating agency. Also, competition for institutional clients might force exchanges to lower fees, they added....
Bitcoin Price Rally to $9K in Danger as a Double Top Pattern Appears
16.1.2020
#Bitcoin price failed to gain above $9K, leading some traders to expect a minor correction to the $8.4K to $8.3K where the price may bounce
Bitcoin Futures Hit 3-Month High in Frenetic Tuesday Trading
16.1.2020
January 14 was the best trading day of the year for many cryptocurrencies, which saw double or even triple-digit percentage gains. It was also a good day for futures markets, where more than $25 billion in trades was placed on Tuesday. The result constituted the busiest day for futures in almost...
Ross Ulbricht Supporters Auction Collectibles After BTC Price Wager Goes Sour
4.1.2020
Digital currency influencers have started an auction to raise money for Ross Ulbricht who is serving a double life sentence for his involvement with Silk Road. There are lots of unique items for auction including artwork, physical coins, and other collectibles. Additionally, the crypto community...
Why Double Spends on BCH Are Not the Same as Replace-By-Fee Fraud
3.1.2020
When it comes to creating a peer-to-peer electronic cash system, accepting zero confirmation transactions becomes critically important. When a model’s main aim is to “just hodl” or push an isolated store of value narrative, important concerns like double spending can take a back...
These Myth-Busting Articles Dispel Common Bitcoin Myths
22.12.2019
Recently, a few Bitcoin Cash (BCH) proponents have been writing a series of myth-busting articles that describe Bitcoin technicals generally thought to be true but which are not. The articles posted on the read.cash blog have reviewed topics like 10-minute confirmation times, SPV wallets,...
Real Bitcoin Double Spends Are Hard, Looking Into Alleged Issue
22.12.2019
Bitcoin Cash point-of-sale payment system provider BitcoinBCH potentially misinformed the public into believing Bitcoin double spending is easy to carry out
Meet Snowglobe: An Avalanche-Based Pre-Consensus Protocol for BCH
22.12.2019
On December 20, BCHD and Openbazaar developer Tyler Smith published first draft specifications for a protocol he calls “Snowglobe.” Smith’s Github repository says that Snowglobe is a propagation protocol for nodes using Nakamoto Consensus and it uses an Avalanche-based consensus...
Travelbybit to Drop Bitcoin Payments After Viral Double Spend Video
20.12.2019
On December 18, Bitcoinbch.com published a video explaining how easy it is to double spend BTC transactions in the wild. Not long after the film was released, the payment processor Travelbybit announced it would be removing both BTC and BCH payments for over 400 Australian merchants. Unfortunately...
Video Shows How Easy It Is to Double Spend BTC Using RBF
18.12.2019
On December 18, the web portal Bitcoinbch.com published an informal notice explaining that merchants accepting BTC should switch to BCH because of “dangerous flaws” found in the BTC software. The problem is tied to slow confirmation times tethered to a BTC-based protocol called...
Bitcoin Cash Double Spend Statistics Invoke 0-Confirmation Debate
29.11.2019
On November 28, the creator of doublespend.cash, a web portal that tracks and collects double spend attempts on the Bitcoin Cash network, explained that only 1 out of 1,105 double spends succeeds when they broadcast one second after the first transaction. The website’s creator highlighted...