• Little-known altcoin DigiByte is following Litecoin and Syscoin in making investors rich with impending SegWit activation. DigiByte Celebrates Countdown To Ultimate Pump Metrics highlighted by developers Saturday show the proportion of DigiByte miner support at 72.48% – inching past the 70% activation threshold. “6 more days to go till activation at this rate! Happy Easter everyone!” a Twitter post added. We have hit the 70% activation threshold for #Segwit on #DigiByte! 6 more days to

    Altcoins are Going SegWit for Price Boost of a Lifetime

    | 2017/04/16 1:00 pm
  • National cryptocurrencies will never be able to compete with Bitcoin because no one will trust a system that requires advance permission from and which is controlled by a government to use it.  [Note: This is an op-ed, edited by Allen Scott]  National Cryptocurrencies Will Never Be Global News is just in that the mint of a very important, historic sovereign nation has just hired a company in a separate nation to help it launch its own “Blockchain not

    Why National Cryptocurrencies Will Never Beat Bitcoin

    | 2017/04/14 2:00 pm
  • Bitcoin core developer Greg Maxwell has newly outlined why he “does not support” a user-activated soft fork (UASF) as it figures in BIP 148. Maxwell: UASF ‘Guarantees Disruption’ In a circular to the Core mailing list Friday, Maxwell said that although he is not strictly against a soft fork, its incarnation in BIP 148’s UASF does not “really measure up to the standard set by segwit itself.” The debate over whether to galvanize the entire

    Core Dev Maxwell: UASF ‘Does Not Measure Up To Standard’

    | 2017/04/14 9:00 am
  • The latest data from Bitcoin remittance app Bitwala reveals a growing trend in Bitcoin adoption among citizens of developing countries. ‘Steep Adoption Rate’ Bitwala, a Bitcoin-based remittance app, shared some user statistics in its blog post yesterday in which we can see that Bitcoin is becoming increasingly popular in certain developing countries. The blog post reveals a “steep adoption rate” in developing countries both from Africa and Asia, the two continents with the highest number of unbanked citizens. Bitwala reveals that,

    Bitwala Sees ‘Steep’ Bitcoin Adoption in Developing Countries

    | 2017/04/13 8:30 am
  • Microsoft is continuing its Blockchain journey by integrating Stampery into Microsoft Office Outlook with cross-compatibility. Office Applications Verify Docs On Bitcoin, Ethereum Stampery, which provides verification of documents against both the Bitcoin and Ethereum blockchains, will be accessible for verifying emails without users leaving Outlook itself. “Stampery provides this functionality today by creating hashes of documents submitted through the web and storing them on the Ethereum and Bitcoin public blockchains. To enable this capability, Stampery provides

    Microsoft Office Can Now Verify Docs on the Bitcoin Blockchain

    | 2017/04/12 10:00 am
  • A new documentary film called The Blockchain and Us was released last week exploring how Blockchain technology can change the world in a meaningful way. Documentary: ‘The Blockchain and Us’ A documentary film dubbed “The Blockchain and Us” by Manuel Stagars has been released last week. The 8-part documentary focuses on what blockchain technology is and the social and economic impact it can have in the world, if its potential is successfully harnessed. The preview description reads: Economist

    ‘The Blockchain and Us’: A New Documentary on Bitcoin Tech Changing the World

    | 2017/04/12 7:00 am
  • The Finance Minister of Russia has revealed state interest in tracking every cryptocurrency transaction ‘just like with bank operations.’ Furthermore, a Bitcoin regulation bill is expected later this year, which could go into effect as early as 2018. ‘The State Needs to Know’ Russian authorities are looking into the possibility of legalizing operations with bitcoin and other cryptocurrencies within the framework of curbing illegal money transfers, Russia’s Finance Minister, Alexey Moiseev told Bloomberg. He continued: The state

    Russia Set to Legalize Bitcoin by 2018, Track Every Transaction

    | 2017/04/11 4:00 am
  • Litecoin creator Charlie Lee has appealed to the community to push through a user-activated soft fork (UASF). Lee: Alleged Bitmain Interference ‘Sad If True’ Litecoin, which last week came within 5% of the required miner support to activate Segregated Witness (SegWit), appeared to fall short over the weekend, something Lee put down to interference from anti-SegWit parties. “Sad if true,” he commented on Twitter about a suggestion from UASF code creator shaolinfry that Bitmain miner

    Litecoin Aiming for User-Activated Soft Fork Amid Rumors of SegWit Block

    | 2017/04/10 5:00 am
  • A report by Cambridge University’s CCAF reveals that the number of people using cryptocurrency today has seen significant growth and rivals the population of small countries. Global Cryptocurrency Benchmarking Study The Cambridge Centre for Alternative Finance (CCAF) has recently published a research paper called Global Cryptocurrency Benchmarking Study, which examines several sectors of the global cryptocurrency industry, including exchanges, wallets, payment providers, mining and more. The study was led by Dr.Garrick Hileman, senior research associate

    Cambridge University: Cryptocurrency Use Seeing ‘Significant Growth’

    | 2017/04/08 12:00 pm
  • Bitcoinist spoke with Jon Boroughs of Bitstashers, a provider of metal-etched Bitcoin wallets that are designed to withstand an apocalyptic event unlike a fragile paper wallet. These are also not limited to cold storage as they can also be custom made for colored coin asset addresses as well.  Metal-Etched Bitcoin Wallets Metal wallets are quickly becoming a thing in the crypto space with a few options available such as Cryptosteel and Bitkee, which start at $40 USD. However,

    Bitstashers: Should You Upgrade from a Paper Wallet to Metal?

    | 2017/04/04 6:00 am
  • Kim Dotcom gave the community the first glance at the MegaUpload 2.0 & BitCache project and what it offers users. BnkToTheFuture.com released a video yesterday of Kim Dotcom giving the first demonstration of the MegaUpload 2.0 and Bitcache beta version. Bitcache & Megaupload 2:A first look at encrypted anonymous content delivery with build-in Bitcoin payments. Private. Easy. Safe. Tidy. pic.twitter.com/QHjU5pisGe — Kim Dotcom (@KimDotcom) April 3, 2017 Following the developments involving Internet entrepreneur Kim Dotcom and

    Kim Dotcom Previews MegaUpload 2.0 and BitCache

    | 2017/04/03 3:00 pm
  • Two cases for Segregated Witness (SegWit) activation via different channels are moving closer to reality this week for Bitcoin. Meanwhile, Litecoin is getting closer to its own SW activation as its price is climbing to new highs. Litecoin Hits 3-Year High Despite not suffering the same teething problems as Bitcoin, SegWit appears to have definitely caught on at Litecoin, with support moving over 58%. At 75%, SegWit will trigger, as it already has done for fellow

    Price of Bitcoin’s ‘Lite’ Brother is Soaring as SegWit Seems Imminent

    | 2017/04/03 9:00 am
  • Bitcoin blocks are markedly less full at the weekend than during the week, with waiting times and fees lowering accordingly. ‘Legitimate’ Block Uses No Issue On Weekends Data from Blockchain shows that some blocks mined Saturday and Sunday, in fact, fall below the maximum 1 megabyte capacity available, with emptier blocks on Sunday, some of which are even below 500kB.  The phenomenon has led commentators to describe a peak and off-peak pattern in Bitcoin, suggesting

    On-Peak Or Off-Peak? Blocks Emptier & Spam-Free on Weekends

    | 2017/04/02 8:00 am
  • Hashcash inventor Adam Back has said Segregated Witness (SegWit) “fixes” an original bug in Bitcoin from creator Satoshi Nakamoto. Back: SegWit ‘Fixes Satoshi Bug’ As part of a Twitter exchange Friday, Back rebuffed criticism from Bitcoin Unlimited proponent Jihan Wu, demonstrating how SegWit is beneficial to the virtual currency’s core protocol. Wu, who is a co-founder of mining conglomerate Bitmain, had said that the technology would make the network “more complicated.” “SegWit is not more

    Adam Back to Jihan Wu: SegWit Not ‘Complicated,’ Fixes Satoshi’s Bug

    | 2017/03/31 8:00 am
  • Roger Ver has received a pre-hard fork trade offer worth “up to” 130,000 bitcoins in a bargain receiving heavy publicity. Ver: Up To 130k Trade ‘Sounds Like Great Deal’ According to a post of the Bitcointalk forum, a Bitcoin bagholder known as “Loaded” signed a message from a wallet containing 40,000 BTC. In the message, Loaded challenges Ver to a one-to-one BTC/BTU trade in the event of a hard fork occurring. “@RogerVer lets make a

    Roger Ver Confirms He’ll Sell His Bitcoin: 130K BTU Trade a ‘Great Deal’

    | 2017/03/22 5:00 am
  • The latest turn for the Bitcoin scaling debate has seen rumors abound of potential support for changing the virtual currency’s proof-of-work (PoW) algorithm. PoW Algorithm Change: ‘Doable’ or ‘Reckless’? A flurry of social media activity Monday accompanied confusion as to which parties from Bitcoin Core supported the concept, which would place mining back in the hands of small-scale individuals. “A soft fork change of Bitcoin’s proof of work algorithm is entirely doable,” Bittorrent creator Bram

    Reckless or Doable? Bitcoin Algorithm Change Sparks Backlash

    | 2017/03/21 6:00 am
  • Mobi wallet allows users to seamlessly send, receive, store, and exchange +100 currencies while enabling users to spend Bitcoin and withdraw it for cash. Could this be the killer app for Bitcoin? BTCC Launches Mobi BTCC, the leading Bitcoin exchange in China, has announced today the launch of Mobi, a Multicurrency Bitcoin Wallet. Through the addition of multiple features like sending via twitter or mobile number and the possibility to convert from and to over

    2.3 Billion People Can Now Send Bitcoin With Phone & Twitter

    | 2017/03/20 10:19 am
  • Running a Bitcoin full node isn’t just for mining pools and companies. Today, we’re going to outline 6 reasons why the average user should also consider running their own Bitcoin full node. To Node or Not to Node? With current events pointing towards a possible change in the Bitcoin consensus rules, it is important to remind users that, now more than ever, there are multiple advantages to running a Bitcoin full node. It is advisable that users

    6 Reasons to Run a Bitcoin Full Node

    | 2017/03/18 8:00 am
  • 20 Bitcoin Exchanges have agreed to list Bitcoin Unlimited (BTU/XBU) as an altcoin, if a hard fork should occur. BTC & BTU In the midst of a heated discussion on the scalability and future of Bitcoin, a group of 20 Bitcoin exchanges, including major eastern and western ones, have announced that should a hard fork occur, they will list BTC (Bitcoin Core) and BTU (Bitcoin Unlimited) as two separate currencies. This decision, backed by BitFinex, BitStamp,

    Could This Be The End For Bitcoin Unlimited?

    | 2017/03/17 11:30 pm
  • Over 50 of the world’s biggest banks are currently studying one of Bitcoin’s key components – the Blockchain. But it’s becoming increasingly evident that the idea of banks building their own blockchains is like the futile attempt of building your own internet.  [Note: This is an Op-Ed] ‘Can’t We Be in the Headlines on Blockchain?’ When a bank says they’re working on their own blockchain platform are they actually saying “let’s build our own internet?” And

    Banks Don’t Need Their Own ‘Vanity Project’ Blockchains

    | 2017/03/16 11:00 am
  • As attackers exploited a bug that crashed 50% of Bitcoin Unlimited nodes Tuesday, the industry reacted saying its developers had a lucky financial escape. BU ‘Vulnerability’ Bug The attack occurred around half an hour after Bitcoin Unlimited was uploaded to Github, with nodes completely shutting down to the point where over half the network was no longer operating. As BU’s main proponent Roger Ver tried to salvage the situation, users reacted harshly, Ver having only a

    BU Critical Bug ‘Damage Would Have Been in the Millions’ During Fork

    | 2017/03/15 5:00 am
  • Worried about being stuck on the wrong side of a potential Bitcoin hard fork? Bitcoinist explores what regular users and holders should expect. Bitcoin at a Crossroads? Although the scaling debate has been going on for years, never has it been so urgent as it is now. As speculators continue to push the price to new heights and new users enter Bitcoin, the network is reaching full capacity. The two major scaling proposals, SegWit and Bitcoin Unlimited (BU), are currently

    How to Prepare for a Bitcoin Hard Fork

    | 2017/03/14 12:00 pm