Tag Archives: Bitcoins

Bitcoin’s Privacy and Scaling Tech Upgrade ‘Taproot’ Just Took a Big Step Forward

On Tuesday, Pieter Wuille, a Bitcoin Core contributor and the brains behind the update known as Taproot, submitted a work-in-progress code change to GitHub in what’s known as a “pull request,” showing the code is ready for more developer eyes. Continue reading Bitcoin’s Privacy and Scaling Tech Upgrade ‘Taproot’ Just Took a Big Step Forward

Bitcoin’s Difficulty Falls As Miners Capitulate

On Monday, bitcoin’s mining difficulty adjusted itself down by 7%, making it easier for miners to solve algorithms, and thus mine blocks. As to why this occurred, it appears to be in conjunction with bitcoin’s recent price drop. Mining difficulty is set to reconfigure itself every 2016 blocks, or roughly every two weeks. Difficulty modulates based on how long it took for miners to discover the previous 2016 blocks. If it takes longer than two weeks, the difficulty is tuned down, and vice versa. Continue reading Bitcoin’s Difficulty Falls As Miners Capitulate

Bitcoin’s Parabolic Move Shows Why It’s a Sucker’s Bet

Bitcoin has been on a tear lately, exploding from $3,000 to over $13,850.While pundits try and ascribe reasons for the move, bitcoin traders who have managed to ride the wave are cheering. For now. If anything, this wacky move only serves to support the long-term bearish argument on bitcoin. Continue reading Bitcoin’s Parabolic Move Shows Why It’s a Sucker’s Bet

Before Craig Wright, the Escobar Family Owned Bitcoin’s Trademark

Before Craig Wright, the Bitcoin trademark was registered to none other than the Escobar family. That’s according to official documents from the United States Patent and Trademark Office, which show Pablo Escobar’s brother, Roberto Escobar, as the former main signatory on Bitcoin’s naming rights. Continue reading Before Craig Wright, the Escobar Family Owned Bitcoin’s Trademark

Bitcoin’s Most-Hated Regulatory Regime Could Be Bakkt’s Last Hope

Intercontinental Exchange’s high-profile Bitcoin project, Bakkt, has faced severe pushback from the CFTC due to a fundamental concern about how its cryptocurrency assets will be stored. In response, Bakkt is looking to obtain a BitLicense and manage custody of the coins themselves. Continue reading Bitcoin’s Most-Hated Regulatory Regime Could Be Bakkt’s Last Hope