Coinbase Adding Ether to its Trading Platform is Political

You can now trade Ether on Coinbase’s trading platform. If, for whatever reason, you aren’t aware; Ether is the native currency of Ethereum, a public blockchain that, unlike Bitcoin, makes it easy to build decentralized apps using common scripting languages. In the recent months, Ethereum, which was designed by Russian-Canadian, Vitalik Buterin, in late 2013, [...]

By | 2017-04-19T00:20:51+10:00 July 29th, 2016|Uncategorized|0 Comments

Why Bitcoin Users Might not Need Top up Miner’s Revenue after Block Reward Halving

In late May 2016, the Swedish Bitcoin Mining firm KnCMiner filed for bankruptcy. “Effectively our cost of coin – how much we produce the coins for – will be over the market price,” Sam Cole, the firm’s CEO explained. As KnCMiner broke the sad news to the world, the price of Bitcoin was [roughly] $480. [...]

By | 2017-04-19T00:21:01+10:00 July 21st, 2016|Bitcoin|0 Comments

Transaction Confirmation Delays; is Bitcoin’s Worst Nightmare Really Unfolding?

As the first week of March 2016 got underway, it became harder to miss reports of delayed confirmation of transactions by the bitcoin network. Apparently, not even attaching a fee is enough to fetch a transaction a quick confirmation on the Bitcoin network. A process that usually takes about 10 minutes, throughout much of the [...]

By | 2017-04-19T00:21:10+10:00 July 14th, 2016|Uncategorized|0 Comments