Drivechain Creator’s Latest Paper Sparks Debate Over Bitcoin’s Future Security

Drivechain developer Paul Sztorc has the cryptocurrency community riled up over his latest blog “Security Budget in the Long Run.” The essay discusses the economics of BTC network fees over a long period of time and suggests rather than giving up the fees to competition, a dominant protocol should...

Blockstream Publishes Schnorr-Based Test Code for Bitcoin Blockchain Upgrade

The Schnorr-based multi-signature scheme MuSig, a test code for a potential upgrade to the Bitcoin (BTC) blockchain, has been released by blockchain tech firm Blockstream, according to an announcement published on Feb. 18. Last January, four Bitcoin developers released a paper outlining how Schnorr multi-signatures (‘multisig’) could help scale...

Major Chinese University Launches Blockchain Research Center

One of the most selective universities in China, Fudan University, has opened a blockchain research center, according to an announcement published on Feb. 15. Per the announcement, Fudan University established the Shanghai Blockchain Engineering Technology Research Center in collaboration with Zhongan Online Property Insurance Co., Ltd. and Shanghai Zhongren...

Survey: ‘Blockchain’ Was Most Overrated Buzzword of 2018

A survey has determined that advertisers believe the word “blockchain” to have been the most overrated of 2018. This is hardly a surprise as many companies from fields completely unrelated to cryptocurrency claimed to use or test blockchain technology last year with little to show for it. Also Read:...

Report: Bitcoin Unable to Solve Problems of Traditional Payment Systems

An official from Spain’s central bank, the Bank of Spain (BDE) believes that Bitcoin (BTC) is unable to resolve the problems faced by major payment systems. BDE’s Deputy General Director for financial innovations and market infrastructure, Carlos Colesa, gave his opinion on the leading cryptocurrency in a report published...

Bitmain Unveils Its Latest Energy-Efficient Mining Chip for Bitcoin

China-based mining giant Bitmain has announced a new mining rig that uses less power. The hardware mining manufacturer has launched a 7nm application-specific integrated circuit (ASIC) processor dubbed the BM1397. Beyond energy efficiency, the new mining processor promises to achieve faster performance for mining cryptocurrencies that use the SHA256...

Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, TRON, Stellar, Binance Coin, Bitcoin SV: Price Analysis, February 18

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. CNBC commentator and...

Op Ed: Why It’s Unsafe to Store Private Crypto Keys in the Cloud

There are two primary reasons why storing your private crypto keys in the cloud is a bad idea. First, your cloud provider represents a centralized honeypot that could experience a security breach, allowing cyber criminals to access your data. For example, in August 2018, a fourth man was jailed...

Major Omani Bank Joins RippleNet Cross-Border Payment Network

Oman’s second largest bank by market value, BankDhofar, has begun using RippleNet technology for cross-border payments to India. The news was tweeted by the managing director of South Asia and MENA at Ripple, Navin Gupta, on Feb. 16. RippleNet is a global blockchain-based payment network of institutional payment providers,...

Everything You Should Know About Bitcoin Address Formats

A wallet address, comprising a string of 26-35 alphanumeric characters, is all it takes to send and receive bitcoin. Any bitcoin address can be used to transfer cryptocurrency to any other address on the network, provided the sender’s wallet software supports that address type. With multiple address formats to...