NEWS

Segregated Witness Activates on Bitcoin: This is What to Expect

The Segregated Witness (SegWit) soft fork has activated on the Bitcoin network.As of block height 481,824, found at 1:57 UTC by BTCC, all SegWit ready nodes started enforcing the new SegWit consensus rules. As Bitcoin’s biggest protocol upgrade to date, this introduces a whole new data structure, which changes the a...

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The Long Road to SegWit: How Bitcoin’s Biggest Protocol Upgrade Became Reality

The post The Long Road to SegWit: How Bitcoin’s Biggest Protocol Upgrade Became Reality appeared first on Bitcoin Magazine. ...

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Floyd Mayweather Just Promoted His Second ICO on Twitter

Boxing champion Floyd Mayweather, Jr., made waves last month when he promoted an initial coin offering on Instagram – and he's just endorsed a second one on Twitter. The promotion of the token sale for the Hubii Network, which is developing a blockchain-based content marketplace, comes days before...

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John McAfee Raises $2.4 Million to Expand Bitcoin Mining Operation

The bitcoin mining firm led by cybersecurity entrepreneur John McAfee has raised $2.4 million in new funding. The financing for MGT Capital came as a result of a 10 percent convertible note issued to a firm called UAHC Ventures LLC. The funding, according to statements, will be used to expand MGT'...

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50 Blocks To SegWit: Why Bitcoin's Coming Upgrade Is a Blockchain Game-Changer

Block 481,824. That's when Segregated Witness (SegWit) will activate on bitcoin late today or tomorrow morning, bringing the years-long debate over the contentious code upgrade to an official close. At that time, users will finally be able to take advantage of the long-promised technology. Looking...

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China's Fosun Group Buys Stake in Blockchain Startup

One of China's biggest corporate investors has bought a stake in a blockchain startup. Reuters reports that Fosun Group is investing in Shanghai Distributed Technologies Co Ltd, the company behind the Onchain blockchain project. Founded in the 1990s, Fosun has become a major force in China's finan...

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Chasing Profit? Bitcoin Miners Swap Networks As Difficulty Swings

Since bitcoin cash split from the bitcoin blockchain, miners have had a choice: which of two blockchains to mine? At play in their considerations are two factors: ideology and profitability. But while it's possible some miners are choosing bitcoin or bitcoin cash based on preference, a certain con...

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BMCHAIN: How to monetize benefit through blockchain and get 100% bonus

BMCHAIN: How to monetize benefit through blockchain and get 100% bonus [Note: This is a press release.] You are able to be useful and want to monetize it, but you don’t know how and whom for. The largest business community in Russia and Eastern Europe “Business Molodost” is developing the blockchain s...

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Congressional Candidate Now Accepting Bitcoin Donations for 2018 Election

A candidate for the US House of Representatives said today that he has begun accepting bitcoin donations. Patrick Nelson is running for the seat in New York’s 21st Congressional District. According to a report in February from regional newspaper The Times Union, Nelson filed to run in January. A B...

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  • 8BTC
  • 2017-08-23 20:36:47

Cryptionary: A Guide to the Terms and Concepts that Define Blockchain and Cryptocurrencies

Note: Author of this article is Daniel McGlynn, founder of CryptoLab.io that provides basic educational resources concerning cryptocurrencies and blockchain. Altcoin: Altcoin generally refers to any cryptocurrency that is not bitcoin. In a lot of ways this term is becoming dated as bitcoin cedes its market share of the...

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Seven day votes 24
Bullish

23

Bearish

1

IN BRIEF