New OBPP Report Outlines Troubling State of Privacy in Bitcoin Wallets

Although Bitcoin has a reputation as a haven for criminals who wish to transact online in an anonymous manner, it doesn’t appear the currently available wallet options are very helpful for this potential use case of the digital cash system. In their second edition of the Bitcoin Wallet Privacy Rating Report, released Sunday, the Open ...

Read More »

Korea’s Kookmin Bank Partners With Coinplug to Develop a Blockchain Forex Application

Kookmin Bank, one of South Korea’s largest commercial banks and one of the four largest financial institutions in the country by asset value, has secured a partnership with Bitcoin wallet service and merchant payment solutions provider Coinplug to develop a blockchain-based foreign exchange business model. The bank will collaborate closely with Coinplug, which registered several blockchain technology patents under its ...

Read More »

Why Some Changes to Bitcoin Require Consensus: Bitcoin’s 4 Layers

The long-lasting block size dispute and the recent introduction ofseveral new Bitcoin implementations highlighted that not all Bitcoin nodes apply the exact same rule –  and, perhaps more important, that not all development teams apply similar policies when it comes to implementing these rules. The development team behindBitcoin Core, Bitcoin’s historic “reference client,” requires widespread community consensus before it implements ...

Read More »

‘Bitcoin Always Needed More Than One Body of Developers’: An Interview With Libbitcoin’s Eric Voskuil

Launched in 2011 by an ensemble of dedicated open-source developers led by Bitcoin’s rebellious hacker Amir Taaki, Libbitcoin was born a tool of resistance.  Offering an alternative to the original Bitcoin client, its goal was to diversify the Bitcoin development ecosystem, ensuring no single development team retained effective control over the network. “Centralized software is vulnerable to the dictates of whoever controls ...

Read More »

Why the Great Firewall of China Is Causing Serious Issues for Bitcoin Miners

What’s wrong with increasing the block size limit? This is the question that a portion of the Bitcoin community has been asking almost nonstop since the controversy around this possible alteration to the protocol went into hyperdrive last year. In a recent appearance at Bitcoin Meetup Switzerland, Bitcoin Core Contributor Jonas Schnelli covered at least one possible issue with raising ...

Read More »

ChangeTip Launches ChangeTip Wallet, a Decentralized Version of Its Social Tipping Service

This post is by John Camdir. San Francisco based Bitcoin microtransactions startup ChangeTip announced the launch of a new service called ChangeTip Wallet today. ChangeTip Wallet is being launched as a decentralized version of ChangeTip’s social tipping service ChangeTip. ChangeTip Wallet will offer the same services as ChangeTip but it is decentralized and has fewer restrictions in terms of account size, transaction ...

Read More »

Bitcoin Mining Company Butterfly Labs Settles Case With Federal Trade Commission for $38.6M

This article is by Rebecca Campbell. Butterfly Labs has agreed to settle the Federal Trade Commission’s charges of making misleading claims about their products to their customers. In a lawsuit that has dragged on since September 2014, the Kansas-based Bitcoin company presold computer hardware that was optimized for mining Bitcoin, charging as much as $30,000 for the specialized hardware. According to the ...

Read More »

MIT Hosts Annual Bitcoin Expo March 5 and 6 to Explore Challenges Facing Bitcoin

On March 5th and 6th, the MIT Bitcoin Club is hosting its annual Bitcoin Expo in the Samberg Conference Center on the MIT campus. It is the largest annual project undertaken by the club and is one of the only academic Bitcoin conferences run entirely by students.  World-renowned speakers will be in Cambridge, Massachusetts for the event, including Shual Kfir, ...

Read More »

Gavin Andresen: Bitcoin Core Is Not Listening to Its Customers

In a recent interview with Let’s Talk Bitcoin, Bitcoin Foundation Chief Scientist Gavin Andresen explained his issues with Bitcoin Core and why he has decided to help the Bitcoin Classic project.  Bitcoin Classic is an implementation of an alternative Bitcoin protocol that would cause a hard fork with a 75 percent activation threshold in order to increase the block size ...

Read More »

Kryptokit Launches Jaxx Ethereum & Bitcoin Wallet for Android Tablets

Earlier this month, Anthony Di Iorio, chief digital officer of the Toronto Stock Exchange, CEO and founder of Kryptokit and Decentral, and co-founder of Ethereum, announced the beta launch ofJaxx, a unified platform which provides wallet services for both Bitcoin and Ethereum users. Jaxx wallets consist of a hierarchical deterministic Bitcoin wallet and a lightweight Ethereum wallet being developed by ...

Read More »