How the Blockstream Satellite Will Drive Bitcoin Adoption: An Interview with Adam Back and Chris Cook

Last week Bitcoin Magazine covered the announcement of Blockstream Satellite, a new service that broadcasts real-time Bitcoin blockchain data from satellites in space to almost everyone on the planet. Currently Blockstream Satellite covers across two-thirds of the Earth, and service expansions are in the works. “Today’s launch of Blockstream Satellite gives even more people on ...

Read More »

Visa Files Patent for Blockchain-Based Digital Asset Network

Last week, the United States Patent and Trade Office (USPTO) published the details of Visa’s new patent application. The credit card giant’s plans for the digital asset network are quite broad; however, it might be possible that the company is planning to file a patent for the Visa B2B Connect. The blockchain enterprise company Chain and Visa announced their new partnership ...

Read More »

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 appearance of Bitcoin blocks for upgraded nodes — though non-upgraded ...

Read More »

WikiHow Users Can Now Secure Their Online Identities with Civic

Blockchain-driven digital identity fraud firm Civic has partnered up with wikiHow​ ​to provide its user base with login security. The partnership will mean that around 150 million monthly wikiHow users will now able to use Civic’s identity platform to log in securely with a verified identity, without needing a username and password. Lingham the CEO of Civic said in a ...

Read More »

Russian Real Estate Firm Experiments With Selling a Luxury Mansion for Bitcoin

The Russian real estate firm Kalinka Group has announced that once of its clients is selling his luxurious home for bitcoins. The 4200 square foot country mansion is located in the village of Nikolino, situated in a fashionable neighborhood off the Rublevo-Upenskoe highway. According to the Kalinka Group, this is the first time in the history of the Russian real ...

Read More »

Op Ed: A Cryptographic Design Perspective of Blockchains: From Bitcoin to Ouroboros

How does one design a blockchain protocol? Back in 2013, while in Athens, I set out to design a non-proof-of-work-based blockchain protocol motivated by the debt crisis in Greece, looming bank liquidity problems and the increasing discussions about the possibility of having a parallel currency. The new protocol had to be based on proof of stake to make sure that ...

Read More »

AMD Releases Beta Graphics Driver for Better Cryptocurrency Mining

A few days ago, AMD released the “Radeon Software Crimson ReLive Edition Beta for Blockchain Compute” driver. According to the release notes on the tech giant’s website, the software optimizes the performance for “Blockchain Compute Workloads,” thereby boosting the efficiency of cryptocurrency mining rigs that are using a GPU for mining (eg., Ethereum mining rigs). Currently, the graphics driver can ...

Read More »

A Bitcoin Social Media Storm Hit BitPay This Week: Here's Why

The Bitcoin community is not taking kindly to BitPay this week. Influential developers are accusing the major payment processor of fraud, Bitcoin users on social media are calling for boycots, bitcoin.org is removing recommendations of the company’s products, and NBitcoin developer Nicolas Dorier has launched an initiative to fork some of BitPay’s projects altogether. Here’s why. Bitcore The controversial issue ...

Read More »