Bitcoin Transactions Will Double By 2017, Research Finds
A new report from Juniper Research forecasts that the number of bitcoin and altcoin transactions will more than double by 2017 to 56 million, up from 24.7 million in 2014 and 18 million in 2013. The finding is part of a new report from the market intelligence firm that analyzes the volume and value of transactions in the cryptocurrency markets and predicts the value of all bitcoin and altcoin transactions will fall by 58% in 2015, to just over $30bn. Still, Dr Windsor Holden, head of consultancy and forecasting at Juniper, suggested that those who read the report should scrutinize its more....
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BlockCypher provides Bitcoin wallet services to larger organizations such as exchanges and payment providers. During the recent fracas of "dust" transactions crowding the Bitcoin network, one of their larger clients, Erik Voorhees' ShapeShift.io, suffered a double-spend attack amounting to 2.6 BTC. The biggest offering of BlockCypher is what they call a "Confidence Factor" which basically means what it sounds like - if the processor is reasonably sure (as in more than 99%) that a double-spend will not be attempted, the transaction is processed with zero confirmations. BlockCypher describes....