‘Who Holds All the Bitcoin’ List Debunked — Without Cryptographic Proof No BT...
A web portal that displays a list of alleged owners of all the bitcoin in the world has been shared a great deal since China cracked down on crypto trading last week. The web portal claims that the Chinese government owns 194,775 bitcoin that reportedly stem from the Plustoken crypto scam. The problem with the list’s sources is that the ownership verification is highly inconclusive and doesn’t offer much of anything aside from speculation. Does China or Bulgaria Really Hold Billions in Bitcoin? Ever since China made a few statements concerning citizens dealing with....
Related News
Around eight months ago a group called “Large Bitcoin Collider” (LBC) was formed aimed at cracking bitcoin wallets with hopes of finding a cryptographic collision within the protocol. The LBC server lets anyone download the software and attempt to take a crack at Bitcoin’s underlying cryptography. Meet the Large Bitcoin Collider. Announced last year on....
While centralized exchanges might think they want to promote proof-of-stake blockchain projects, they misunderstand the value of Bitcoin’s proof-of-work model.
Bitcoin exchange Vault of Satoshi today launched a full public proof-of-solvency service for its customers, saying it is the first digital currency exchange in the world to do so. The "unapologetically Canadian" company has embarked on a string of compliance and transparency initiatives in the past months. In March, it received a full Money Services Business licence to operate in all provinces of Canada and serve international customers in listed countries. Vault of Satoshi (VoS) said its new proof-of-solvency system is "not just an audit", but provides full proof via cryptographic trees....
Zero-knowledge proofs are probabilistic assessments that take efficiency of portable digital identity solutions to the next level. Web engineers have been working for a long time to determine if there is a way to prove something is true without revealing any data that substantiates the claim. Zero-knowledge proof (ZKP) technology has enabled the deployment of cryptographic algorithms for verifying the veracity of claims regarding the possession of data without unraveling it. These proof mechanisms have led to advanced mechanisms that enhance privacy and security.Leveraging blockchain deals....
BitcoinBourse.eu is a decentralised escrow and trading system for Bitcoin to Euro (SEPA) transfers, developed by Bitcoin SARL. They are based in France and have just released their updated Bitcoin Bourse site. The trading engine has been completely redesigned and reworked. Decentralised crypto-currency exchange is understood to be the holy grail of exchange. By eliminating trusted third parties, the technology can achieve something closer to the ethos of Bitcoin itself. As Satoshi himself noted in his white paper, "What is needed is an electronic payment system based on cryptographic proof....