The world of blockchain technology and cryptocurrencies has come a long way in one decade. Bitcoin’s humble beginnings in 2008 paved the way for a new class of digital assets and birthed what has become one of today’s most promising and innovative technologies: the blockchain. Hundreds of new cryptocurrencies and blockchain platforms have emerged in [...]
Bitcoin Cash (BCH) is an offshoot or fork of Bitcoin (BTC) created by big-block supporters in the Bitcoin community. They launched the fork on August 1, the day Bitcoin improvement proposal 148 (BIP148)—a user-activated soft fork—was scheduled to activate. The surprise announcement to create Bitcoin Cash was yet another turn in the years-long contentious road [...]
Privacy issues regarding Bitcoin have recently been in the centre of attention, such as the ransomware WannaCry a.k.a. WCry, and their use of 3 different Bitcoin addresses. Authorities announced that they have successfully tracked and traced all Bitcoin transactions within these addresses and found over $80,000 worth of Bitcoins, stored in these addresses. Bitcoin, although [...]
Before 2008, the only digital currency anyone outside of 'cypherpunk', an online group of cryptography experts and enthusiasts, could evision is figures arbitrarily entered next to customers name in a bank’s database. The idea of a decentralized peer-to-peer electronic form of money was by all accounts alien. That changed on 31 October 2008 when [...]
