Tag Archives: Satoshi

‘Bitcoin Creator’ Craig Wright Drags Critics to Court to ‘Prove’ He’s Satoshi

Australian crypto entrepreneur Craig Wright insists he’s bitcoin inventor Satoshi Nakamoto and is eager to prove his claims in court. On April 14, Wright fired off several angry letters, threatening to sue crypto podcaster Peter McCormack and Ethereum co-founder Vitalik Buterin. Continue reading ‘Bitcoin Creator’ Craig Wright Drags Critics to Court to ‘Prove’ He’s Satoshi

Thanks Satoshi Nakamoto! BitMEX Advertises on Front Page of The Times 10 Years Later

BitMEX has taken an advertisement out on the front page of January 3rd, 2019 edition of The Times thanking Satoshi Nakamoto for Bitcoin, ten years to the day after Satoshi Nakamoto quoted the front page of the same publication in Bitcoin’s first block (#0). Continue reading Thanks Satoshi Nakamoto! BitMEX Advertises on Front Page of The Times 10 Years Later

WHAT THE CRYPTO? (INFOGRAPHIC)

By this time, everybody has heard about Bitcoins and cryptocurrencies. The very first cryptocurrency was, in fact, Bitcoin, and it was engineered in 2009 by Satoshi Nakamoto, an anonymous crypto architect(s), thus creating a very first decentralized cryptocurrency. Continue reading WHAT THE CRYPTO? (INFOGRAPHIC)

Transaction Batching: Good for Fees, Bad for Privacy

Over the past few weeks, many people have noticed that bitcoin core network fees and transactions times have been a lot better than two months ago when fees reached highs of 1,000 satoshis per byte or $30-40 per transaction. Many people are wondering why these issues have subsided, and some people believe it is due to a practice called ‘transaction batching.’ For about two weeks or so bitcoin core fees have dropped significantly after reaching all-time highs a few weeks prior. Multiple theories are being discussed across the web on why the fees and transaction confirmation times have decreased. Some individuals believe the drop is due to the number of daily transactions, as BTC now appears to be used less. Currently, the amount of transactions per day is over 154,000, but during the last quarter of 2017 daily transactions were between 250,000 to 450,000. Another theory is the adoption of Segregated Witness (Segwit) may have helped, but Segwit use still only represents 15 percent of all BTC transactions. Lastly, another opinion of why BTC is operating smoother is because of a process called ‘transaction batching.’ The subject of transaction batching is a hot topic that is being discussed throughout social media and forums right now.

Reference: https://news.bitcoin.com/transaction-batching-good-for-fees-bad-for-privacy/