Who Is Satoshi Nakamoto? Why It Doesn’t Matter

Last month’s events brought to the fore once again the question of the real-world identity of Satoshi Nakamoto. At the Deconomy blockchain conference that took place between 3 and 4 April 2018 in Seoul, South Korea, Ethereum co-founder Vitalik Buterin called speaker Craig Wright, an Australian computer scientist and businessman, a ‘fraud’ who didn’t [...]

By | 2018-05-16T01:32:33+10:00 May 16th, 2018|Bitcoin, Bitcoin Technology, Blockchain|0 Comments

Technical Analysis in the Bitcoin Markets

What is Technical Analysis?   Hailed by some as a highly effective tool set for interpreting financial markets and making informed decisions about price behavior, technical analysis can be understood as a kind of data science. Depending on who you ask, it can also be seen as something closer to a form of divination, [...]

By | 2018-05-03T20:44:19+10:00 May 3rd, 2018|Bitcoin, Bitcoin Technology, charts|0 Comments

What is a 51% Attack and How Big of a Risk is it to Bitcoin?

Cybersecurity, Vaults, and Background of a 51% Attack Before we dive into the specifics of a 51% attack, we need to look a bit at the larger concept of security. It is important to understand that in the world of networked technologies nothing is ever totally secure. The greatest cybersecurity experts in the world [...]

Is Bitcoin the “Netscape Navigator” of Cryptocurrencies?

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 [...]

By | 2018-02-09T00:10:17+11:00 February 13th, 2018|Altcoins, Bitcoin Technology, Blockchain|0 Comments

Will Cryptocurrency Adoption ‘Cross the Chasm’ to Go Mainstream in 2018?

In his 1994 book Crossing the Chasm, organizational theorist Geoffrey Moore describes and explores in detail the path a new technology must take before it goes mainstream. While the ideas he espouses largely belong to the era when Oracle, Sybase, Microsoft Word and WordPerfect were emerging technologies, the core theme is relevant to cryptocurrency [...]

By | 2018-02-01T23:14:20+11:00 February 3rd, 2018|Bitcoin, Bitcoin Technology, Blockchain|0 Comments

How Bitcoin Can Change the Way You Pay for Power

Written by Jason Deign If you’re interested in delving into the world of Bitcoin, then you’re probably thinking of it as a possible investment venture. And it’s true that the world’s first decentralised digital currency has risen massively in value since it was launched in 2009. But Bitcoin is also a currency like any [...]

By | 2018-01-25T03:39:28+11:00 January 25th, 2018|Bitcoin Technology, Blockchain|0 Comments

Could Atomic Swaps Be A Game-Changer for Bitcoin?

Bitcoin transactions are slow. It takes minutes, hours, or sometimes days for a transaction to be confirmed and added to the blockchain. As more and more people begin to use Bitcoin, the Bitcoin network tends to get bogged down with a big queue of transactions waiting to be confirmed. To get your transaction moved to [...]

By | 2017-12-05T21:50:10+11:00 December 5th, 2017|Bitcoin, Bitcoin Technology|0 Comments

Exploring the Current Landscape of Bitcoin Mining

Bitcoin has seen tremendous growth over the course of 2017. While cryptocurrencies remain notoriously volatile, Bitcoin’s rocketing value has prompted a surge in mainstream interest and media attention. As many newcomers enter the cryptocurrency space, eager to jump aboard the Bitcoin train, one of the first things they often hear about is “Bitcoin mining.” At [...]

By | 2017-10-26T00:15:23+11:00 October 26th, 2017|Bitcoin, Bitcoin Technology|0 Comments

Where Does Bitcoin Get Its Value?

In the span of seven years, since the value of bitcoin has been on record, its price has climbed from nothing in 2010 to above $2,000 today. Still, the idea that “bitcoin lacks intrinsic value” persists. The claim comes mostly from people who are new to the cryptocurrency, or those who want to believe gold, [...]

By | 2017-06-07T20:34:47+10:00 June 7th, 2017|Bitcoin, Bitcoin Technology|0 Comments

What is Segregated Witness (SegWit)

There is a new buzz word that is being dropped in an increasing frequency at Bitcoin forums and meet-ups. The word is SegWit. If you haven’t come across it, then there, I've dropped it. Even if you hadn’t come across it through this blog post, I promise, you would have learnt about it somewhere else, [...]

By | 2017-04-19T00:21:51+10:00 February 3rd, 2016|Bitcoin Technology|0 Comments