Builders on Wall Street: Bitcoin Devs Host Lightning Hack Day

It was described as “not a normal conference.” Sure, speakers took to the podium to present their futuristic ideas – a staple at the cryptocurrency space’s many, many conferences. But the Lightning Hackday, which took place in the heart of Wall Street on October 27th and 28th, was all-in-all more of a community-led endeavor with […]

Continue Reading

Bitcoin’s White Paper: The Blueprint for a Payments Model T

David Schwartz is CTO at Ripple. This exclusive opinion piece is part of CoinDesk’s “Bitcoin at 10: The Satoshi White Paper” series. In 1991, my patent for a multi-level distributed computer network was granted. I was working on graphics rendering problems requiring significant amounts of CPU power and wanted to distribute computing-intensive tasks to a […]

Continue Reading

The Double-Spend (What Bitcoin’s White Paper Solved Forever)

Bill Barhydt is the founder and CEO of Abra. This exclusive opinion piece is part of CoinDesk’s “Bitcoin at 10: The Satoshi White Paper” series. I remember reading Satoshi Nakamoto’s bitcoin white paper for the first time a few weeks after it was released. I also remember the phrase that really grabbed my attention: “We […]

Continue Reading

Ethereum’s Constantinople Upgrade Stalls on Test Network

UPDATE 18:27 UTC, 10/13/18: Block creation on Ropsten testnet continues to feature zero transactions, indicating Constantinople may have failed to activate. UPDATE 17:36 UTC, 10/13/18: Block 4,230,000 has been mined, but features zero transactions. Ethereum’s main test network, Ropsten, is currently at a standstill. Code for ethereum’s upcoming hard fork, dubbed Constantinople, was set to be activated on […]

Continue Reading

Not Everyone Wants to Fix Bitcoin’s ‘Time Warp Attack’ – Here’s Why

Bitcoin’s open-source developers don’t agree on many things, but you’d be forgiven if you thought something best known as an “attack” might be one of them. Still, there’s a divide forming in conversation surrounding bitcoin’s long-standing “timewarp attack” – and for good reason. First and foremost, Blockstream co-founder Mark Friedenbach recently found that the exploit […]

Continue Reading

Bitcoin ‘Breakthrough’ Claims Block Size Increase Possible Without Hard Fork

Some dub it a “breakthrough,” others call it a “network attack.” Those were the prevailing opinions leading up to Mark Friedenbach’s much-anticipated talk at Scaling Bitcoin Friday, where the Blockstream co-founder presented for the first time “Forward Blocks,” a proposal that claims to make future, contentious changes to bitcoin – such as block size increase or […]

Continue Reading

This Meme Marketplace Uses Dummy Tokens to Draw Users in a Bear Market

Memes are a pretty important part of the crypto ecosystem – how else would crypto visionaries display their wit and sometimes passive aggressivity? It’s no wonder then that District0x’s Meme Factory is seeing quite the buzz. Not only did District0x raise $9 million in an initial coin offering last year, backed by Boost VC and CoinFund, […]

Continue Reading

Early Execs Leave Block.one, The Peter Thiel-Backed Crypto Startup Behind EOS

Four early employees and two contractors have resigned from the Hong Kong cryptocurrency company Block.one to start up StrongBlock, a new blockchain project that is currently under wraps. David Moss, Thomas Cox, Brian Abramson and Corey J. Lederer were the second, third, fourth and fifth employees to be hired by the corporate parent that created […]

Continue Reading

HODL No More? The Amount of Bitcoin in Active Wallets Is Near Record Highs

An increasing amount of bitcoin is being held by active individual users, rather than companies and long-term investors, according to new data from Chainalysis. Announced Monday, the analytics firm found 4.8 million bitcoin, or roughly 32 percent of the protocol’s cryptocurrency supply (minus lost coins), was held in personal wallets with some level of transactional […]

Continue Reading