The First Bitcoin Block Was Mined 10 Years Ago Today

Bitcoin’s Genesis block, which was mined on January 3, 2009, at 18:15:05 UTC, is now 10 years old. The Bitcoin Network Turns 10 The marking of the 10th anniversary of Bitcoin’s block 0 is, however, not to be confused with the Bitcoin whitepaper’s 10th birthday which was commemorated last year on October 31 in remembrance

The post The First Bitcoin Block Was Mined 10 Years Ago Today appeared first on CCN

Op-Ed: Bitcoin Security — How Do We Arrive at Consensus?

If the title sounds confusing, that’s not surprising. I was trying to get creative and find a set of words that could express how I perceive most will react upon learning the theme of the article. For what I want to discuss with you guys today is a hotly debated topic. One that might shake

The post Op-Ed: Bitcoin Security — How Do We Arrive at Consensus? appeared first on CCN

Bitcoin: Developer Explains Why a Multi-Asset Lightning Network Might Not Work

A contributor to the Lightning Network codebase who goes by the name ZmnSCPxj recently wrote a reasoned post to the Lightning Development mailing list detailing what he views as a limitation of the network, which is considered by many to represent the future of Bitcoin scaling and adoption. The identity of ZmnSCPxj is not known.

The post Bitcoin: Developer Explains Why a Multi-Asset Lightning Network Might Not Work appeared first on CCN

Number of Reachable Bitcoin Nodes Fell 19% in 2018

Data from Bitnodes shows that the number of reachable nodes on the bitcoin blockchain fell 18.98 percent in 2018 from 11,845 to 9,597. In the same period, the number of unreachable nodes also fell 33 percent from 98,000 to 65,500. To understand the significance of the data, it is helpful to establish the functions of

The post Number of Reachable Bitcoin Nodes Fell 19% in 2018 appeared first on CCN

Huobi-Backed BHEX Launches Blue Helix Token (BHT)

CCN spoke to James Ju, the CEO of the new Blue Helix Exchange (BHEX) and former CTO of Huobi Global. Blue Helix is an exchange which is pushing toward a decentralized topology in a regulator-friendly manner. They raised $15 million from institutional investors including Huobi and OKEx by selling equity about six months ago, and

The post Huobi-Backed BHEX Launches Blue Helix Token (BHT) appeared first on CCN

XYO Network Partners With Esri For Blockchain Enabled Geographic Information System

XYO Network, a blockchain-based geographic information system (GIS) with an Ethereum token and its own blockchain network, announced today a partnership with Esri, one of the world’s oldest and largest GIS systems and mapmakers, a company founded in 1969. The partnership came about when XYO hired a former Esri employee and the partnership became an

The post XYO Network Partners With Esri For Blockchain Enabled Geographic Information System appeared first on CCN

This Privacy-Focused Interoperable Blockchain Bridges Ethereum and Bitcoin

“Wanchain is a separate, independent, public chain,” CEO Jack Lu says on a recent December morning. He explains that it is essentially a fork of Ethereum which integrated a lot of privacy-focused changes and primarily focuses on cross-chain compatibility. Wanchain wants to be the bridge between blockchains, allowing multi-crypto transaction execution in a private manner.

The post This Privacy-Focused Interoperable Blockchain Bridges Ethereum and Bitcoin appeared first on CCN

Mastercard Applies For New Patent for Anonymous Blockchain Transactions – A Regulated Bitcoin Tumbler?

Mastercard, the company who have gone through the entire process of laughing, fighting, and then embracing Bitcoin (and then attacking it again), have applied for another new patent in the blockchain space. Their last one was in regards to — we’re not making this up — a fractional reserve crypto bank. They describe a novel

The post Mastercard Applies For New Patent for Anonymous Blockchain Transactions – A Regulated Bitcoin Tumbler? appeared first on CCN

Bitcoin Cash Infrastructure Dev: ‘Something Very Wrong With Bitcoin Cash ABC

An explosive Medium.com article by pseudonymous developer _unwriter, who primarily works on two Bitcoin Cash infrastructure projects call BitDB and BitSocket, both of which are critical to several Bitcoin Cash-community outfits, levies a number of serious accusations against the Bitcoin ABC development team as well as Bitcoin.com and affiliated Bitmain. The heartfelt article is worth

The post Bitcoin Cash Infrastructure Dev: ‘Something Very Wrong With Bitcoin Cash ABC appeared first on CCN

Craig Wright Claims Bitcoin SV Will Process 1TB Blocks in Two Years

Dr. Craig S. Wright has a mission in mind for Bitcoin SV (BSV) to process terabyte-sized blocks. It’s a “2 year target” according to a tweet he published yesterday. 2 year target. 2-4 Million TPS peak 500k sustained Terranode Bitcoin — Dr Craig S Wright (@ProfFaustus) November 29, 2018 Wright didn’t elaborate on the how

The post Craig Wright Claims Bitcoin SV Will Process 1TB Blocks in Two Years appeared first on CCN