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Scaling

Bitcoin’s Scaling Problems Forced Facebook to Launch Libra

<header class=”article__header”> </header> <strong>If it wasn’t for Bitcoin there would be no Libra. That much is self-evident, since Satoshi’s creation laid the groundwork for every crypto asset that’s followed. The extent to which Bitcoin was responsible for spawning Facebook’s currency has now been made brutally clear in an interview with Abra’s Bill Barhydt. The investment …

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JPMorgan Warns Stablecoins Like Libra at Risk of ‘System Gridlock’

The new breed of stablecoins led by Facebook’s Libra could be vulnerable to failure in periods of network stress.  According to an analysis from JPMorgan released on Sept. 5, they lack the short-term liquidity of other payments systems, so usage could grow faster than the network can safely support. Transaction growth could outpace network capacity …

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Bitcoin Cash 2-Year Anniversary: Celebrating Protocol Development and Achievements

<header class=”article__header”> </header> <strong>Today Bitcoin Cash (<a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a>) fans from all around the world will be celebrating the 2-year anniversary of the <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> network. The day is a great occasion to commemorate the dedicated <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> software engineers and the passionate community, …

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Multicoin Leads $20 Million Round for Speed-Focused Solana Blockchain

Promising Layer 2 speeds on a Layer 1 platform, Solana has raised a $20 million Series A to build a blockchain meant to operate on the mass scale of the world wide web. The company announced Tuesday that Multicoin Capital, the Austin, Texas-based investment firm, had led the round. Distributed Global, Blocktower Capital, Foundation Capital, …

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Btc.top CEO Highlights the Benefits and ‘Golden Mean’ of Bitcoin Cash

<header class=”article__header”> </header> <strong>On July 23, the CEO of Btc.top, Jiang Zhuoer, debated Nchain’s chief scientist Craig Wright in regard to the civil war between <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> and <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BSV” target=”_blank” rel=”noopener noreferrer”>BSV</a> that took place in November. Amid the debate hosted by Bitkan, Zhuoer highlighted the top three advantages …

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Lightning Labs Designs Monitoring Tool for ‘Layer 2’ Bitcoin Network

The lightning network, seen as the future of bitcoin payments, is now a bit easier to monitor. This Wednesday, Lightning Labs released a new network analysis tool dubbed “Lndmon” that bitcoin lightning network users can use to pull up data about the state of their node and the rest of the network. The offering features …

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BCH vs. BTC: Which Offers Greater Privacy?

</header> <strong>Do you want every person you ever transact with to know how much is in your wallet and your net worth? Of course not. That’s why you need and want to mix your coins to hide where they came from before you use them. The degree of privacy you can expect by default, however, …

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Bitcoin Cash Devs Publish the First 3 of 3 Multi-Sig Schnorr Transaction

<header class=”article__header”> </header> <strong>On May 15, the Bitcoin Cash network successfully upgraded by implementing Schnorr signatures, after which a few developers processed some basic Schnorr signatures. Then, on Saturday, May 18, software developers Chris Pacia, Mark Lundeberg, and Checksum0 performed the first multi-sig Schnorr signature on <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> and sent the …

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Bitcoin Payments Are Being Bulldozed for Political Reasons

</header> <strong>Bitcoin Core wants to distance itself politically from the former project leader Gavin Andresen, the payment protocol BIP070 he was involved with, and from the BCH-friendly Bitpay payment processor company. The attempts to remove software associated with Gavin Andresen are now having real-world effects on the security of bitcoin payments.</strong> Also read: How to …

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Bitcoin Cash Protocol Successfully Upgrades — Schnorr Signatures Are Here

<header class=”article__header”> </header> <strong>The Bitcoin Cash (<a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a>) chain has officially upgraded, adding Schnorr signatures and the Segwit recovery exemption. As of block 582680, the chain has implemented the new features successfully and <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> fans are celebrating another major protocol improvement.</strong> Also read: Schnorr Signatures Are …

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