The Case for Replace-By-Fee (And the Case Against)
The heated debate in the Bitcoin community throughout the past months not only concerns the block size dispute. Another technical change at the center of conflict is replace-by-fee, a version of which was included in the latest release of Bitcoin Core – while the next version of Bitcoin Classic will have no replace-by-fee at all. An often-heard criticism....
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The prosecution in Sam Bankman-Fried’s (SBF) case is expected to rest its case on October 27. Following this, the defense is meant to open its case. However, it remains uncertain whether or not SBF’s lawyers are going to put up a case. If they do, there is every likelihood that they will be restricted in […]
Cryptocurrency use cases vary based on who you’re talking to. Some believe that digital assets can replace our current financial system, while others view crypto as a store of value like gold. Each use case has its pros and cons, but they also have one thing in common: a cryptocurrency wallet. A non-custodial cryptocurrency wallet […]
Wyre CEO Michael Dunworth has stated that he believes Bitcoin “will replace gold” and the USD as the global reserve currency within 20 years. The chief of the Silicon Valley transfer provider made the comments as part of an interview with InvestorDaily. Among other surprises, Dunworth said that Bitcoin had “superior value” to gold and lacked only market penetration at the current time. Better store of value. “[Bitcoin] will replace gold, and internationally it will replace the USD as the global reserve currency – 20 years or so from now that is,” he told the publication. “Bitcoin has a....
As of this weekend, GreenAddress is the first Bitcoin wallet to include a replace-by-fee option. With it, users can increase fees on their transactions with the click of a button--a feature welcomed by some, as it increases the likelihood a miner will include a transaction in a block. This can help transactions get “unstuck” in case of heavy transaction load, and benefits fee market dynamics. Others dispute the feature; critics fear that replace-by-fee could harm reliability of unconfirmed transactions, as payments can in some cases be reverted. To test the feature, GreenAddress enabled a....
CryptoLabs has officially launched its Case hardware wallet at TechCrunch Disrupt NY's Startup Battlefield. First announced in November, Case is advertised as a pocket-sized bitcoin hardware wallet that includes security features such as multisig and biometric authentication. Case is now available for pre-order for $199 or roughly 0.83 BTC through payment processor PayStand. Speaking to CoinDesk, CEO Melanie Shapiro indicated that she expects the first Case units to begin shipping this summer, though no firm dates for shipping were provided. Shapiro further spoke to the broader vision for....