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 [...]

Xapo Severs Links with Blockstream Because ‘Things Have Changed’

Blockstream, a bitcoin startup that is building blockchain solutions, has become a standard feature in the ongoing Bitcoin block-size scaling debate. It is almost impossible to have a talk around the subject without the company popping up somewhere. As a matter of fact, the mere mention of the startup in forums such as the Bitcoin [...]

By | 2017-04-19T00:21:38+10:00 March 17th, 2016|Bitcoin, Decentralisation|0 Comments

Factom is Bitcoin 2.0

Factom, the open-source, non-profit organization with the latest and greatest development for Bitcoin beyond currency. Factom has built a data layer on top of the bitcoin blockchain, opening the doors to the infamous bitcoin 2.0. The project currently in beta, represent the long awaited infrastructure where currency is not the point, it data.

By | 2015-08-26T11:30:23+10:00 April 10th, 2015|Bitcoin, Bitcoin Technology, Decentralisation, Factom|0 Comments

Is Bitcoin Centralisation a good thing?

In 2008, Satoshi created the Bitcoin protocol with trustlessness as an inherent, critical property of its network. Decentralisation is essential to achieving this goal. Decentralisation gave the Bitcoin network the resilience to survive its earliest stages of development from niche-geek-toy to a sophisticated financial network, withstanding price bubbles, manipulation and attempts to ban it. Decentralisation [...]

By | 2015-08-26T11:31:45+10:00 March 30th, 2015|Bitcoin, Decentralisation|0 Comments