Archive for June 2018
Lightning Network ‘Really Does’ Solve Bitcoin Scaling: Andreas Antonopoulos
Andreas Antonopoulos has defended the Lightning Network as an optimal Bitcoin scaling solution, saying it is “naive” to assume that its current nascent state means it will fail to scale in future. Critics ‘Misunderstand Engineering’ Speaking as part of his regular Q&A sessions, the celebrated cryptocurrency educator and lecturer addressed criticism of Lightning, which remains…
Read MoreCoinbase Responds to Criticism: Set to Open New Portland Office with Focus on Customer Service
Following a barrage of heavy criticism for being widely underprepared in terms of customer service, Coinbase is set to open a new office in Portland that will be focused largely on customer support, compliance, finance, IT, and HR. Failing Customer Support Coinbase, the largest cryptocurrency exchange in the US, has been the object of heavy…
Read More‘Roger Ver Will Now Cry’: Stress Testers Start Attack on Bitcoin Cash
BitPico, a group of “Bitcoin developers, miners and whales” which previously stress-tested the Lightning Network, has begun attacking altcoin Bitcoin Cash (BCH). ‘The Bcash attack has been started’ In a series of tweets beginning June 22, the group, whose members’ identities remains unclear, declared that having tested Lightning’s mainnet implementation for rigidity via a coordinated…
Read MoreJeff Garzik’s Metronome ICO Sells 50% Of Tokens to ‘Three Investors’
Former Bitcoin core developer Jeff Garzik has sold almost half of the available tokens in his Metronome project’s initial coin offering to just three investors. Metronome: Empty-Handed Investors Vent Scorn Data from the Ethereum Blockchain confirms the giant transactions, which appear to have angered potential investors who claim they were unable to purchase tokens themselves.…
Read MoreSummer Bitcoin Analysis: The Good, The Bad, And The Ugly
The price action of Bitcoin is on everyone’s mind as we roll steadily towards the start of 2018’s third quarter. Let’s take a look at a few different scenarios for the rest of Bitcoin’s summer and the second half of the year. To The Moon And Back It is best that we first take a…
Read MoreCovesting Invites Everyone to Test Their Platform
Bitcoinist.net · June 20, 2018 · 11:30 am Covesting, a fintech startup launched by former Saxo Bank traders, has never failed to meet expectations of its users. It has rolled out all its products – its platform, exchange, informational and educational site Crypto Intelligence Portal – without violating any single deadline. Now, when just a…
Read MoreDigital Currency Goes Mainstream with DasCoin
Bitcoinist.net · June 11, 2018 · 2:00 pm Blockchain cryptocurrency DasCoin has released a short film detailing the inspiration for the project from the viewpoint of Michael Mathias, founder and CEO of DasCoin. This is the first in a planned series of films that will explore the DasCoin blockchain ecosystem and the people who created…
Read MoreORCA Withdraws Crypto to Euro Account in Under 1 Minute. Few Days Left Until Live Demonstration.
Bitcoinist.net · June 5, 2018 · 11:00 pm June 11th, ORCA Alliance, an EU-based platform that bridges cryptocurrencies and traditional banking services, is launching its technical solution allowing instant cash outs from crypto exchanges directly to a payment account in less than 60 seconds. Converting cryptocurrency to euros in quick fashion would make a lot…
Read MorePlatform Using AI, Big Data And Blockchain To Give Skincare Sector A Makeover
Bitcoinist.net · June 2, 2018 · 4:00 pm A blockchain-driven platform wants to reduce the influence that biased shop assistants and product marketers have on consumers in the skincare industry, and instead create an ecosystem where shoppers can receive expert, impartial advice from qualified dermatologists. Opu Labs says consumers are currently overwhelmed with an avalanche…
Read MoreTRON Launches Mainnet, Price Declines
Georgi Georgiev · June 1, 2018 · 2:00 pm In a call for independence, TRON (TRX) launched its long-awaited mainnet. Odyssey 2.0, as the project is called, was announced on May 31st at 12 a.m. UTC. Despite what is supposed to be a game-changing event in the project’s path, altering its existence for good, the…
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