Since the first decentralized blockchain-based cryptomoney (Bitcoin), there have been attempts to take over the network, which is called a "51% attack". 51% attack refers to an attack on a blockchain – usually bitcoin's, for which such an attack is still hypothetical – by a group of miners controlling more than 50% of the network's mining hashrate,...
Institutional investors are at the forefront of trading in crypto currencies, according to a report published yesterday. These investors, who in some cases represent hedge funds, have displaced individuals with greater purchasing power as the biggest bitcoin buyers, after making private transactions, some of them as large as ...
In a recent study, Yale professor Aleh Tsyvinski examined the properties of different crypto currencies and finally came to the conclusion that each portfolio should contain bitcoin - whether crypto-investor or crypto-sceptic. Tsyvinski: Bitcoin belongs in every portfolio Aleh Tsyvinski, Professor of Economics at Yale University, concluded in a new research...
Raleigh, NC, USA — Moon Banking, where users rank banks on crypto-friendliness, released the world's first production API funded by the Lightning Network on Friday.   The Moon Banking API utilizes the LND implementation of the Lightning Network to accept payments for API quota. The API allows users to put data about the...
In the second half of 2017, the word "Bitcoin" became one of the most searched on the web. In the news, forums and other media it was the topic to follow. Most perhaps out of curiosity to know what was causing the price to go up in price more...
Hackers demand Bitcoin | Hackers have shut down key computer systems in the U.S. city of Atlanta, Georgia, and are demanding $51,000 in Bitcoin to reactivate the affected systems. Hackers demand Bitcoin: situation completely unclear The mayor of Atlanta, Keisha Lance Bottoms, announced the attack in a press conference on Thursday,...
The LN node count has progressed impressively from 29 nodes in January 2018 to over 1,500 active nodes currently. Lightning has achieved significant growth, both on its testnet and mainnet implementations, since these launched in December 2017. This accomplishment is particularly impressive given that Lightning boasted a measly 29 nodes back in mid-January. Among other...
The last weeks and months have been anything but rosy for the crypto market. Falling prices and bad news have strongly affected the mood in the crypto-ecosystem - the buzzword FUD (Fear, Uncertainty and Doubt) made big waves. Some reports quickly gave the impression that the crypto-economy was at...
While bitcoin is the best known and most valuable crypto currency, its blockchain faces numerous challenges - mostly privacy and scalability related. To overcome these challenges and expand the crypto currencies as a whole, tech pioneers have created many new alternative currencies aka altcoins, each with its own blockchain....
If you’re keeping a finger on the pulse of Bitcoin development, you’ve probably already heard about Schnorr signatures. The technology looks to replace bitcoin's existing signature scheme with one that mashes signature data together. The concept is so attractive partly because it clears up space in the blockchain, which should...