BNC Research Forecast – March 29th— Crypto Events you should have your eye on
The BNC Research Forecast is a fortnightly report covering upcoming key events across the crypto space with the potential to move the markets.
BNC Research Forecast- March 10th— Crypto Events you should have your eye on
The BNC Research Forecast is a fortnightly report covering upcoming key events across the crypto space with the potential to move the markets.
Ethereum dodges difficulty bomb with last-minute fork
Ethereum celebrated New Year's Day with a last-minute network upgrade, Muir Glacier, which is designed to delay the onset of the ‘Ice Age'
Ethereum Istanbul fork confirmed for early December
Ethereum developers will deploy the much-anticipated Ethereum upgrade, the Istanbul hard fork, on December 4. Istanbul promises to make the network faster, cheaper, and more efficient.
New IRS guidance says Bitcoin forks and airdrops are taxable events
The IRS has issued official guidance to help taxpayers understand their cryptocurrency obligations relating to hard fork and airdrop events.
Is Monero forking? It depends who you ask…
The Monero network is about to upgrade at a time when the threat of a hostile takeover for any cryptocurrency is very real — but seldom discussed to the extent that it warrants. Coins with multi-billion dollar market caps are curiously unprotected from hijack. Sure, a crypto blockchain can't be hacked — but a crypto brand? Now that's a different story
Segwit2x hard fork abandoned — what happened and why
Bitcoin price reached a record high on Wednesday, as news broke that the Segwit2x hardfork had been cancelled. The highly contentious hardfork, which was considered an upgrade to Bitcoin, would have increased the base block size to 2MB and was the second part of the New York Agreement (NYA) scaling plan.
What is Bitcoin in the light of hard forks?
This year has been one of the more controversial years for Bitcoin thus far. We have already seen a number of important forks happen - SegWit, Bitcoin Cash and Bitcoin Gold, and we're scheduled to witness some other forks soon - Bitcoin Cash doing a hard fork, SegWit2x looming ever closer, and we might even see some emergency PoW change hardfork in response to SegWit2x. Amidst all of that, many people are asking themselves, debating and fighting over an important question - "What is Bitcoin?" (that iconic question).
Segwit2X — Forked from the get-go?
Announced on May 23rd, The New York Agreement (NYA) is the contract between the Bitcoin miners who represent the majority of Bitcoin’s hashing power, and a group of over 50 other businesses, to implement the Bitcoin software upgrade Segwit2x. While it’s no secret that the NYA isn’t loved by everyone in the Bitcoin community, a series of events on October 24th left many wondering if the agreement might unravel entirely — leaving the project with no path forward to achieve its goal of upgrading Bitcoin and increasing its block size.
A Bitcoin hardfork — the basics explained
As controversy and infighting continue around Bitcoin’s looming hardfork, some clarity about what exactly a hardfork is should go some way towards calming investor fears. To explain a hardfork, let me use an analogy: imagine a group of miners (nodes/ computers) are digging a tunnel (blockchain).
Bitcoin Gold — A friendly dividend fork, or Bitcoin’s disaster recovery plan?
On October 25th, the Bitcoin blockchain is set to hardfork and create a new cryptocurrency called Bitcoin Gold (BTG). Existing private keys holding a Bitcoin balance at that time will be credited with the same amount of Bitcoin Gold on November 1st, similar to how they received Bitcoin Cash at the beginning of August.
Bitcoin hard fork – if you want peace, prepare for war
Over the last few weeks we had a lot of people discussing Bitcoin forks. Every member of the Bitcoin community is voicing their opinions on the matter, so I figured I'd write down my thoughts as well.
Contentious Bitcoin fork WILL create a split
The Bitcoin community has debated a potential hardfork to Bitcoin for over a year now. There have been various solutions proposed to change the hard cap on block size and increase the amount of transactions that can go into any single block.
Ethereum hard fork results in two surviving cryptocurrencies, both are now trading
After the DAO hack in June, Ethereum's development team decided to resolve the situation with a hard fork, creating two separate networks and cryptocurrencies. This controversial move was widely embraced by those who lost their investments, but strongly opposed by those who want to save Ethereum's original blockchain.
Bitcoins new block size limit solidifying at 8 megabytes
The seemingly endless argument among Bitcoin developers about how to scale up the blockchain for more transactions has just passed a major milestone when the Chinese mining pools stepped up to dictate the new size of the Bitcoin block size limit.
