FCC Wi-Fi Proposal Could Affect Bitcoin Nodes In The Future
In recent days, there has been a lot of talk about a certain US ISP blocking a port used by Bitcoin software. Even though the ISP in question denied the report and explained this issue could be resolved by manually forwarding the port, that might not be an option for much longer. If the FCC has a say in the matter, users will have a harder time modifying....
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DASH, the Privacy-centric, ‘instant’ cryptocurrency with the 5th largest market cap, has announced an integration plan with Lamassu, “the largest BTM network” in the world, bringing the price of DASH up by about 20%. On December 28th, Evan Duffield, Lead Developer of DASH, published January 2016’s budget proposal on the official DASH forums. The budget....
With over 700 BU-compatible nodes in existence right now, things get very interesting. The ongoing “competition” between Unlimited and Core nodes remains quite intriguing to keep an eye on. Over the past few days, the number of Unlimited compatible nodes has increased to 736. Quite a significant number, even though it includes some nodes that other platforms may not see as “compatible”. It is evident the Bitcoin Unlimited support continues to grow. More progress is needed to address bitcoin’s scalability in the near future. While additional support for Bitcoin Unlimited may not solve any....
From a fundamental analysis perspective the attributes of cryptographically secured value tokens, mathematical consensus and censorship resistance are what gives Bitcoin its value. With a high degree of decentralization, these attributes become more meaningful and Bitcoin more valuable. In the face of centralization they become meaningless and Bitcoin loses its value, both perceived and real. Yet, no matter how valuable, if the network is not highly available or does not function reliably, the utility of Bitcoin diminishes and as usage decreases so does value. xbt.social presents an....
Since its launch, Bitcoin Classic's node count has steadily increased. The latest release of the alternative Bitcoin implementation even topped the charts, with almost 3,000 Bitcoin Classic 0.12 nodes reachable on the network. But a closer look at these statistics reveal some odd details. First, IP-data suggests that many Bitcoin Classic nodes might not really be many Bitcoin Classic nodes at all. Instead, a single node could use multiple IP addresses to spoof total node count. This possibility appears more likely in light of the observation that very few Bitcoin Classic nodes seem to be....
When Ben Lawsky and the NYDFS met with key players in the Bitcoin community earlier this year, there were many questions of what the committee would propose and how it would affect Bitcoin entrepreneurs, businesses and the future of the digital currency industry. For nearly everyone in the Bitcoin ecosystem, the proposed BitLicense struck a nerve. It is a hot button issue including how the proposed rules and regulations will be debilitating to the digital currency industry, how a BitLicense will stifle continued innovation and mainly, the extremely short period which the NYDFS is giving to....