Bitcoin May Switch to an Alternative Proof-of-work Algorithm in the Future

It is evident major changes will come to the bitcoin ecosystem as we know it today. No one knows for sure what the future may bring, and different contingency plans are being drafted as we peak. One post on Bitcointalk talks about developing an alternative proof-of-work algorithm for bitcoin moving forward. An intriguing concept, although there is still a lot of work to be done. UPGRADING...

Bitfinex Launches Chain Split Tokens For Bitcoin Core and Bitcoin Unlimited

The ongoing debacle between Bitcoin Core and Bitcoin Unlimited has caused quite a few heated debates. Exchanges are forced to take a stance on how they plan to handle a potential bitcoin hard fork. Bitfinex has announced the introduction of Chain Split Tokens, which are a rather unique product. Both tokens will be traded in BTC and USD pairs, without margin trading opportunities. WHAT ARE CHAIN...

BitFury Becomes Desperate and Threatens to Sue Bitcoin Developers

When you thought things couldn’t get any more interesting, George Kikvadze, Vice Chairman of BitFury firing some shots on twitter. According to him, those that might possibly change the POW protocol for Bitcoin will get prosecuted to the fullest extent. It is obvious why BitFury is terrified of a POW change, the company raised over $90M in funding which could become futile if Bitcoin’s consensus...

Darknet Marketplace AlphaBay Will Enable Ethereum Payments Soon

Ethereum has become one of the most popular and valuable cryptocurrencies to date. One thing that always seemed a bit unclear is whether or not the token will have any real life use cases. AlphaBay, one of the world’s largest darknet markets, announced they will integrate ETH payments as of May 1st. An intriguing development, that much is certain. ALPHABAY WORKS ON ETHEREUM PAYMENT INTEGRATION...

Category - Crypto Politics

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