• Developers are finding new ways to showcase the capabilities of Bitcoin’s Lightning Network and its micro-transactions. First, there was the digital canvas dubbed Satoshi’s Place, and now – Pokétoshi, a platform which enables you to play Pokémon via the Lightning Network. Software engineer João Almeida has created a particularly fun way to experience micro-transactions powered by Bitcoin’s Lightning Network (LN). The platform he developed, thoughtfully called Poketoshi, enables players to enjoy the popular Nintendo game,

    Pokétoshi: Bitcoin Lightning Network Powers New Pokemon Game

    | 2018/06/21 6:00 am
  • Bitcoin’s hash rate reached new all-time highs in June, prompting well-known industry figures to renew calls for imminent price increases. Keiser: ‘Price Follows Hashrate’ Data from Blockchain.info confirms that Bitcoin network hashrate continued growing in 2018, despite prices conversely remaining suppressed and transaction volume declining. Hashrate refers to the total computing power of the Bitcoin network, and its growth is a solid indicator that despite low prices, more and more parties are choosing to invest

    Bitcoin HashRate At All-Time High With ‘Price to Follow,’ Says Max Keiser

    | 2018/06/19 2:00 pm
  • The Bank for International Settlements (BIS), a global “bank for central banks” based in Basel, Switzerland, has once more declared that cryptocurrencies are not only “not ready for prime time,” but could also “bring the Internet to a halt.” [Note: This is an op-ed] BIS: Bitcoin, You Scary On Sunday, BIS released a new 24-page document outlining why it believes cryptocurrencies like Bitcoin cannot become a bona fide financial instrument for the global economy. The

    The Central Banks’ Bank (BIS) Hates Bitcoin — Which is Reassuring

    | 2018/06/18 7:00 am
  • A digital canvas dubbed Satoshi’s Place appeared online, allowing users to draw whatever they find fit, one pixel at a time. The MS Paint-like experience costs one Satoshi per pixel and users are free to show off their talent in whatever form they find fit. Censorship Resistant Digital Canvas Satoshi’s Place is a simple online artboard which is powered by the Lightning Network. The digital canvas is comprised of 1 million pixels and each one

    ‘Lightning War’: Bitcoin Battles Bitcoin Cash on a Digital Canvas

    | 2018/06/13 3:00 pm
  • By now every crypto trader has experienced the anxiety of sending funds from one wallet address to another. You first copy paste the long string of letters and numbers, then double check five times to make sure you don’t send it to the wrong address and gift a random stranger with a nice weekend present. The all-too-familiar problem of Bitcoin address format is now being challenged by a simple solution: human-readable addresses. “One of the

    Could Human-Readable Addresses Make Bitcoin Better?

    | 2018/06/02 11:00 pm
  • The first Bitcoin wallet featuring full Lightning Network support went live on Google Play May 31 in a further milestone for the technology. Lightning Payments Meet Android The release, called simply Lightning Wallet, incorporates a fully operational Lightning node, providing for both on-chain Bitcoin and off-chain Lightning Network transactions. Users will be able to take advantage of the increasingly well-populated network, benefits including near-instant sending and receiving of Bitcoin via dedicated channels for fees of

    Bitcoin Gets First Lightning Network Wallet App on Android

    | 2018/06/01 4:00 pm
  • Laszlo Hanyecz has provided some insight into the persona of Bitcoin creator, Satoshi Nakamoto. Hanyecz, who was the first person to use Bitcoin in a real-world commercial transaction described Nakamoto as an “oddball.” The identity of Satoshi Nakamoto remains a mystery till this day. A Bit of an Eccentric Fellow According to Hanyecz, worked pro bono as a developer during the early days of the Bitcoin project, Nakamoto was an eccentric fellow who regularly gave

    Unmasking Satoshi Nakamoto: Laszlo Hanyecz Says Bitcoin Creator was an Eccentric Character

    | 2018/06/01 12:00 am
  • Stop trying to reinvent the monetary wheel with Bitcoin, argues Robert Skidelsky, a member of the British House of Lords and professor emeritus of political economy at Warwick University. [Note: This is an op-ed] Old Man Yells at Bitcoin In an article published last week, Skidelsky draws similarities between gold and Bitcoin, concluding that it’s incorrect to perceive flaws in money itself as the cause of “sick” economies. In other words, boom and bust cycles

    4 Lies Your Economics Professor Will Tell You About Bitcoin

    | 2018/05/31 9:00 pm
  • Robert Shiller, who won the Nobel Memorial Prize in Economics in 2013, holds that Bitcoin, among other cryptocurrencies, might be just another failed experiment. He touched on their complexity and the fact that they are connected with a yearning for social revolution. Robert Shiller is an esteemed Nobel prize winning economist who is known for his warnings about the dot-com and the housing bubbles. In an interview for CNBC, the professor at Yale University expressed

    Nobel-Winning Nocoiner Economist Calls Bitcoin a Failed Experiment

    | 2018/05/23 11:00 am
  • The full agenda and speakers have been revealed for Blockchaineum 2.0 conference that will be held on May 23 in Budapest, Hungary. Biggest Blockchain Event in Central Europe Blockchaineum 2.0 is the largest dedicated Blockchain event in central Europe that will be held on May 23rd in Budapest, Hungary. Powered by sponsors Bitcoinist, Exolite and Shinrai, the event will focus on solutions from leading national and international players of the blockchain industry through innovative projects while

    Blockchaineum 2.0 Conference Unveils Agenda & Speakers

    | 2018/05/16 9:00 pm
  • Smart contracts and off-chain computing are coming to the Bitcoin blockchain, thanks to a partnership between RSK and iExec. RSK to Add Smart Contract Functionality to Bitcoin The RSK project — which aims to build Turing-complete smart-contract capabilities for the Bitcoin blockchain — is partnering with iExec in an effort to provide off-chain computing to Bitcoin applications and afford decentralized applications the ability to access on-demand and scalable cloud computing resources. According to a Medium post from iExec

    Move Over Ethereum: RSK to Enable Smart Contracts on Bitcoin Blockchain

    | 2018/05/15 7:00 pm
  • French street artist, Pascal Boyart is taking bitcoin to the art world. The mural painter known by the moniker ‘PBOY’ is incorporating bitcoin QR codes in his artworks. This allows him to receive donations from the public in crypto. Bitcoin Meets Art The term “struggling artist” is an age-long trope. Not every artist is fortunate enough to have a wealthy patron financing their talents. Even with crowdfunded platforms like Ulule and Patreon, it is still

    Street Artist Nets $1000 From Bitcoin QR Codes in His Murals

    | 2018/05/10 6:00 am
  • Unconfirmed reports indicate that Canaan Creative is gearing up for a $1 billion IPO in Hong Kong. The Chinese Bitcoin mining hardware manufacturer had earlier announced plans for an IPO outside of mainland China. If successful, Canaan will become the first blockchain enterprise to be listed on the Hong Kong Bourse. Hong Kong and Not the United States Reports emerged in April that Canaan Creative was eyeing an IPO. At the time, the available narrative

    Chinese Bitcoin Mining Giant Set for $1 Billion IPO in Hong Kong

    | 2018/05/09 9:00 pm
  • Have you ever played games at an online casino and wondered just how hard or easy it is to own an online casino? Most of us have at some point or other. After all, owning an online casino must be like owning a money printing machine. There are two schools of thought here – on the one hand, are those that believe that owning an online casino must be super easy. After all, from the surface,

    How Easy Is It to Own Your Own Online Casino?

    | 2018/04/26 2:00 pm
  • Bitcoin pioneer Nick Szabo said cryptocurrency should make four “most important improvements” in the coming years as Bitcoin’s fortunes reverse this month. Spotlight On Technical Robustness In several tweets April 24, the renowned cryptocurrency figure identified “more secure storage,” decentralized exchanges, second-layer technology such as the Lightning Network and privacy as top priorities for the industry. His ideas come as the consumer sphere related to cryptocurrency continues to face scrutiny of its technical robustness. Despite

    Nick Szabo: 3 Things Bitcoin Needs to Improve

    | 2018/04/25 7:00 pm
  • The Lightning Network has almost doubled the amount its capacity in two weeks this month as more and more users expand the protocol. Lightning: 2 Weeks, 2x Capacity Data showing current activity on Lightning’s Bitcoin mainnet implementation reveals a network capacity of $148 million, up from $80 million April 10. At one point, over 2000 active public nodes were available to process transactions, which can confirm almost instantly for a fee of less than one

    Bitcoin Lightning Network Matures With Record 2000 Nodes, $150K Capacity

    | 2018/04/23 9:30 am
  • Canadian consumers can now purchase practically anything with Bitcoin instantly and at near-zero transaction fees after gift card merchant Coincards.ca rolled out support for the Lightning Network (LN). Pay For Virtually Anything With Lightning A blog post on its website confirmed on social media April 9 sees Coincards, which has allowed users to buy gift cards for major Canadian retailers with Bitcoin since 2013, permit LN payments for purchases up to $25. The move makes

    Coincards Brings Bitcoin Lightning Network Payments To Amazon

    | 2018/04/10 12:00 pm
  • Bitcoinist spoke with Saifedean Ammous, assistant professor of economics at Lebanese American University, Bitcoin economist, carnivore grill-master, and author of the new book, The Bitcoin Standard. I think Bitcoin is the most advanced and best form of money ever invented. –Saifedean Ammous Bitcoinist: First, why did you decide to write The Bitcoin Standard? Saifedean Ammous (SA): I found myself spending more and more time explaining and writing about the economics of Bitcoin to people as interest grew, and many

    Bitcoin is ‘Financial Dynamite’ – Saifedean Ammous (Interview)

    | 2018/04/06 12:00 pm
  • The 24 year old developer live-tweeted about a debate between Samson Mow and Roger Ver on Bitcoin and Bitcoin Cash. He also shared some of his own thoughts on BTC vs BCH, scaling, and the development of the two networks. Live-Tweeting the Debate Currently, the Deconomy conference is happening in South Korea, hosting speakers such as Vitalik Buterin, CEO of Bitcoin.com Roger Ver, Craig S Wright, CSO of BlockStream Samson Mow, and author of the

    Vitalik Buterin Comments on Bitcoin vs Bitcoin Cash Debate

    | 2018/04/04 3:00 am
  • The Lightning Network (LN) can now accept over 10 bitcoins’ worth of capacity on its mainnet implementation for the first time. Lightning: 1500 Nodes, $70,000 Capacity Fresh statistics April 1 show that mainnet Lightning, which in March achieved several milestones to adoption, now has capacity for 10.476 BTC ($70,000). The latest display of LN’s increasing presence comes just days after a new widget tool, LightningTip, became available for anyone to use in order to accept

    Bitcoin Lightning Hits Record Node Count, Reaches $70k Capacity

    | 2018/04/01 12:00 pm
  • A movie about an ex-computer hacker and some stolen bitcoin is set to become the first feature film released on a blockchain. Meanwhile, some are suggesting that this could signal a potential end to piracy within the industry. Hackers? Stolen bitcoin? Don’t get too excited. Aside from the bitcoin, the basic premise of the film seems like fairly standard rom-com material. An ex-hacker is posing as a postman to steal mail. He opens a letter

    Indie Movie to Debut on Qtum Blockchain, Airdrop Tokens to Viewers

    | 2018/03/30 7:30 pm
  • Few things in the cryptocurrency space are as promising as Bitcoin’s Lightning Network — a second layer payment protocol enabling instant transactions between participating nodes. With the unveiling of seven applications utilizing the technology this week, that fact is only becoming more apparent. Powered by Lightning This week, Blockstream — a leading provider of blockchain technologies — has been continuously rolling out new Lightning Apps (LApps) which give Bitcoin fans a taste of the future. The company

    Bitcoin’s Lightning Network Gets Charged With 7 New ‘LApps’

    | 2018/03/27 9:00 pm
  • In his latest Q&A on March 24th, 2018, Bitcoin evangelist, educator, and influencer Andreas Antonopoulos explains what the cryptocurrency industry needs next and his expectations for Bitcoin development. 4 Basic Things Bitcoin Must Have Antonopoulos begins the Q&A by noting, partly in jest, that the industry does not need “some kind of artificially intelligent, neural network based, 3D printing, drone-based Mars expedition.” Instead, he states: The truth is that the most important projects at this

    Andreas Antonopoulos: 4 Things Bitcoin Needs Plus a Hard Fork in 2018

    | 2018/03/26 8:00 pm