Bitcoin
What Differentiates the Blockchain from Distributed Ledger Technology?
Blockchain tech was developed to timestamp digital documents so that it’s virtually impossible to backdate or temper with them. For this reason, the tech has been extensively used for the secure transfer of assets like currency, contracts, etc. without requiring a 3rd-party intermediary like bank or government. The blockchain creates a distributed ledger of publicly accessible […]
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The Simpsons jokes about “Useless, Energy-Gobbling” Crypto
The official Bitcoin Twitter channel promoted a video clip from the Simpsons which they claim is bullish about Bitcoin. Major crypto “news” sites promoting the story as being uber bullish. What these sources are failing to disclose is that The Simpsons never mentioned Bitcoin but talked about Consensus based Distributed Ledger Technology (which is how […]
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What Would Happen to Bitcoin Miners After the Next Halving?
With more than 85% of bitcoin already mined, users in the crypto space are growing more concerned with the halving, expected to occur later this year in May. The hash rate keeps hitting all-time highs, and the halving will undoubtedly affect BTC prices. However, the primary issue of concern is what effect it will have […]
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ASIC Gives An Australia Fintech Firm the Go-ahead to Launch Bitcoin Fund
On January 20, 2020, an Australia financial regulator announced that it had given its approval to fintech startup Raiz to offer its Bitcoin investment retail fund. The news marks a defining moment for the Australian cryptocurrency space with regulators previously keen on strict oversight of the industry. The Australian Securities and Investment Commission (ASIC) has […]
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Nuts and Bolts of the Recent Developments in the Lightning Network and User Experience
With Bitcoin scalability problem getting out of hand, the Lightning Network seems to be the only solution. Well, since so much hope has been placed on the platform, the Network has undergone significant developments, especially in the past year. It now has more than 2,800 nodes with active channels, 20,000 channels and a total network […]
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Airbnb Now Bookable with Bitcoin and Lightning Network Through Fold App
On November 12, 2019, Bitcoin payments firm Fold announced that it now supports home-sharing giant Airbnb. Fold users will now get 3% back in Bitcoin (BTC) on every stay and experience booked on Airbnb. Following the announcement, Airbnb was listed on Fold’s rewards program called “Fold Kickbacks”. The program supports Bitcoin’s second layer Lightning Network […]
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“Why I left Bitcoin” – All the best answers
Recently a Twitter conversation went viral among our Crypto Twitter friends, namely the question of “Why I left Bitcoin”. The hashtag #ReasonsYouLeftBitcoin had some joy but the conversation as a whole gathered more pace. Some answers were humorous, some sarcastic while more were actually deadly serious about their reasons for moving away from Bitcoin and […]
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Bitcoin self destructing after series of knockout punches
Bitcoin transactions are fully traceable Bitcoin is in dissaray after news broke that hundreds of paedophiles have been arrested in a sting operation on a global paedophile ring, using bitcoin transactions to trace the locations of those involved. Criminals the world over are now in a frenzy after it was revealed that Bitcoin is completely […]
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Satoshi, arrests and court cases
Fraud, market manipulation, fake volumes, Satoshi, arrests and court cases It is difficult to remain motivated in the crypto space at times when there is so much obvious fraud, manipulation, FUD, fake news and a bunch of dick heads having a giant public pissing contest. It is also very difficult to know how to report […]
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Is it time to trade in your Bitcoin & POW coins before it is too late?
Proof of Work is the most ridiculous creation since… ummm… Sorry, I can’t think of anything worse right now. Burning through electricity in order to produce nothing of any real value at all. Killing our planet so that the electricity companies can make more money and so that miners and early adopters can sell their […]
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