After Last Year’s Mempool Drama, Batched Bitcoin Transactions Finally on the Rise

When bitcoin transaction fees hit record costs in mid-to late-2017, a race for solutions was in force. The most workable one came in the form of batching bitcoin transactions, and batching’s popularity has increased in the background of a general bear market that started in early 2018. Technical Underpinnings of Batching At the time, it

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Bitcoin Wallet Xapo Implements Scaling Solution SegWit

Ted Rogers, the president at Xapo, a widely utilized cryptocurrency wallet and vault, has revealed that the platform has activated Segregated Witness (SegWit), the scaling solution developed by the Bitcoin Core development team. SegWit Adoption and Importance of Xapo Earlier this month, Tom Metcalf at Bloomberg reported that Xapo’s cold wallet stored in its underground

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Startup Teams Samourai Wallet on App to Trade Bitcoin Without the Internet

GoTenna, a decentralized startup, has teamed with Samourai Wallet, a bitcoin wallet focused on privacy and security, on an app that allows users to trade bitcoin when not connected to the web. The TxTenna app marks an effort to further decentralize the bitcoin network, according to Richard Myers, a goTenna decentralized applications engineer and co-founder

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Bitcoin Traders Join Supreme Court Challenge to India’s Banking Blockade

More bitcoin traders are challenging India’s directive for banks to stop financial services to cryptocurrency exchanges in the populous Asian country, with a court hearing of the challenge set for Thursday this week amid complaints that the Reserve Bank of India (RBI) is curtailing “essential” trade services. On Monday, the Economic Times in India reported

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Indonesia’s Public And Private Sectors Explore Uses For Blockchain

In Indonesia, a country with 250 million people living across 17,000 islands, both the private and public sectors are actively exploring blockchain technology to overcome challenges managing data for everything from food output to election results to trade financing. The government has clearly taken a leadership role in exploring blockchain technology. Fithri Hadi, the director

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‘Wait-and-See’: S&P Dow Jones CEO Isn’t Launching a Cryptocurrency Price Index (Yet)

The S&P Dow Jones will not be introducing a cryptocurrency index, at least for now, says chief executive officer, Alex Matturri. He however acknowledges the popularity and growing uptake of digital currencies such as bitcoin. Bloomberg quoted Matturri saying the Dow Jones was taking a wait-and-see approach regarding the introduction of cryptocurrency price indices. Matturri

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Increased SegWit Adoption May have Finally Solved Bitcoin’s Fee Problem

A couple months after two of the largest cryptocurrency trading exchanges, Bitfinex and GDAX, finally adopted the bitcoin SegWit protocol, transaction fees for the currency are finally back to reasonable levels. Bitfinex, on February 20 2018, announced support for bitcoin deposit and withdrawals using P2SH Segregated Witness (SegWit) addresses while GDAX, on February 23, introduced

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Think ‘Heretical’ Thoughts: Mike Hearn tells Bitcoin Cash

Early Bitcoin developer Mike Hearn isn’t coming back to the open-source community, but he does have some thoughts on what has transpired since he cut ties with the project in 2016. Hearn — who now develops distributed ledger technology (DLT) at banking consortium startup R3 — conversed at length about Bitcoin’s blocksize debate and its

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Lightning Network Wallet Eclair Now Available on Mobile

Bitcoin users can now access the Lightning Network (LN) through their mobile devices, thanks to a new release from French cryptocurrency startup ACINQ. On Wednesday, the Paris-based developer released the first mainnet version of Eclair Wallet, a mobile Lightning wallet compatible with Android devices versions 5.0 and up. The app is the first mobile wallet

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‘A Fraud’: Ethereum Founder Buterin Calls Out ‘Satoshi’ Craig Wright

A video of Vitalik Buterin calling out Craig Wright at the two-day Deconomy 2018 conference in Seoul is sure to be going viral in the community. Buterin has the floor for questions after a talk given by Craig Wright titled “A Visual Depiction of Bitcoin Scaling and Enterprise Growth.” Buterin appears to take issue with

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