Amazing Crypto

Category: BTC

  • Why Double Spends on BCH Are Not the Same as Replace-By-Fee Fraud

    Why Double Spends on BCH Are Not the Same as Replace-By-Fee Fraud

    When it comes to creating a peer-to-peer electronic cash system, accepting zero confirmation transactions becomes critically important. When a model’s main aim is to “just hodl” or push an isolated store of value narrative, important concerns like double spending can take a back seat, potentially opening a network to serious attack. A recent video demonstrating…

  • BTC’s Hashrate Touches 120 Exahash, But the Price Has Not Followed

    BTC’s Hashrate Touches 120 Exahash, But the Price Has Not Followed

    On January 1, the BTC network hashrate touched an all-time high at close to 120 exahash per second (EH/s). Despite the crypto market lull and lower BTC prices, the 2020 milestone happened just before the blockchain’s 11th anniversary. BTC’s curious jump in hashrate has the cryptosphere wondering whether or not the price truly follows hashpower.…

  • Alleged $8B BTC Tulip Trust Expires With Tales of Bonded Couriers

    Five years ago, the crypto community became aware of an alleged contract called the Tulip Trust. The supposed contract emerged when a few tech-based news outlets published stories on two former business partners Craig Wright and David Kleiman. According to the Tulip Trust contract story, Wright and Kleiman were ostensibly part of the group that…

  • Veriblock Captured Close to 60% of BTC’s OP Return Transactions in 2019

    During the course of 2019, the most used BTC-based OP_Return protocol, Veriblock, outshined Omni Layer outputs. According to statistics, Veriblock captured 57% of BTC’s OP_Return outputs in 2019. Ever since the protocol’s opcodes started dominating, a number of BTC influencers called the outputs “abuse” and “spam.” Also Read: Central Bank Gold Hoarding Hits 50-Year High…

  • Wazirx CEO on 2020 Outlook, RBI Ban, Crypto Regulation for India

    The Indian crypto community has had an eventful year, with a bill on the horizon, the RBI ban’s supreme court hearing, and the community’s efforts toward positive crypto regulation. News.Bitcoin.com interviewed Nischal Shetty, CEO of local crypto exchange Wazirx, about what the Indian crypto industry could expect in the year 2020 and a wide range…

  • Market Update: Crypto Traders Search for Bullish and Bearish Trends

    During the last few days, digital currency markets have been meandering sideways and prices have been less volatile. On Sunday, during the last 24 hours, the entire cryptoconomy is hovering just below the $200 billion zone and there’s roughly $71 billion in global trades. Crypto proponents are still uncertain about the future trajectory and whether…

  • Indian Government’s Institute Offers Blockchain Training in Multiple Cities

    The National Power Training Institute, under India’s Ministry of Power, is offering blockchain training in multiple cities throughout the country. Participants will learn about blockchain technology, its use cases, smart contracts, Ethereum, cryptocurrency, Bitcoin, and even mining. Also read: Regulatory Roundup – New US Crypto Bill, France’s 1st Approved ICO, Muslim Crypto National Training Institute’s…

  • Harsh Laws Make Bitcoin Holders Consider Renunciation or Dual Citizenship

    As digital currencies become a mainstay in society, a great number of governments have enforced strict tax guidelines, severe money transmission rules, and tough regulations. Because of a few nation-states’ harsh rules against cryptos, there are individuals who plan to renounce their citizenship in order to become stateless. Some people will also attempt to get…

  • Shenzhen Stock Exchange Launches Index of Top 50 Blockchain Public Companies

    Shenzhen Stock Exchange Launches Index of Top 50 Blockchain Public Companies

    The Shenzhen Stock Exchange has launched a blockchain index comprising 50 of the largest publicly listed companies with blockchain ventures by market capitalization. Blockchain-related stocks in China have been gaining value since President Xi Jinping openly advocated for the technology. Also read: Regulatory Roundup – New US Crypto Bill, France’s 1st Approved ICO, Muslim Crypto…

  • Bitcoin Gained 8.9 Million Percent Over the Last Decade

    Bitcoin Gained 8.9 Million Percent Over the Last Decade

    2020 is fast approaching and the last decade will be behind us. Throughout the last ten years, the biggest unicorn firms were born like Uber and Airbnb. However, even though Bitcoin isn’t a company, the best investment of the decade belongs to the decentralized cryptocurrency Satoshi created. In fact, Bank of America’s recent securities report…