Data Snippet – Bitcoin Hash Rate hits an all-time high
The Bitcoin hash rate spiked to 267 Billion Gigahashes per second on 3rd May 2020, at 11 am UTC, which is the result of significant network growth approaching the next Bitcoin block reward halving in approximately 8 days.
Bitcoin powered mesh networks at least a decade away, says Andreas Antonopoulos
Mesh Networking has long promised to unshackle users from Internet Service Provider charges and fees. The technology powers many of the largest mobile networks in the world, leveraging proven routing techniques originally developed for battlefield communications by the military.
The SAFE network: Giving a decentralised internet back to the people
The internet has become a large part of everyday life, approximately 40% of the world’s population has a connection, and we use it in a myriad of different ways. Communication, financial transactions, education, research, real-time updates, online bookings, job searches, blogging, shopping, and storage all add to an ever-increasing amount of digitized information.
Bitcoin: Securing the Network
This white paper investigates how the Bitcoin network will be sustained, especially as its incentive structure changes in coming years.In the coming decades the mining incentive structure of the Bitcoin network is set to shift from block rewards to transaction fees. For this transition to be effective, the network needs to remain robust enough to prevent a 51% attack, while continuing to facilitate transactions at a low cost. Once block rewards phase out, ARK Investâs research demonstrates that a transaction fee of 1.2% would be sufficient to incentivize the buildout of a network that is secure from an economically profitable 51% attack, regardless of bitcoinâs market cap and the capital allocation of a nefarious miner. This 1.2% fee would underpin other potential transactions in the Bitcoin network beyond the bitcoin currency, which could include real estate transfers, venture capital contracts, and machine-to-machine transmissions.
The Bitcoin Mini is more than just a hardware node
The bitcoin computer hardware space has an interesting new entry this month, something that looks like a simple hardware node, but in actually is a full developer's environment, much like the pricey offering from 21 Inc.
The Decline in Bitcoin Full Nodes
Many fears about the Bitcoin network revolve around it not being decentralized enough to withstand attack. The nodes that make up the network are a key component in its defense, and the numbers are in decline.
What Is Synereo: Decentralised Social Networking
23 March is the beginning of the Synereo Crowd Sale, where 18.5% of all initially created tokens will be sold to help develop the project. Those who purchase the AMPs from the crowd sale get exclusive early access to bits of Synereo.
Cryptocurrencies Bitcoin & co â new applications and regulatory challenges
Gaming regulators in jurisdictions such as Malta or the Isle of Man continue to assess wheth-er or not to allow digital currencies in a gaming environment, in particular within the licensed off er under their respective gaming legislation. In June 2014, the Isle of Man announced being âdigital currency friendlyâ and put amendments of its Gaming legislation in place. At the same time, the Isle of Man increased measures in order to protect players and combat crime. Before going into detail concerning the vast applications of digital currencies, the term âBitcoinâ and the understanding of âdigital currencyâ shall be defined for the sake of consistency within this article: Firstly, by using these terms we understand an alternative monetary system being a possible substitution and the opposite of traditional âmoneyâ that is emitted and controlled by national (central) banks. Secondly, by the terms âBitcoin / digital currencyâ we understand the peer-to-peer-system and its very specific technology of âblock chainsâ. And thirdly, inherent to the block chain system we understand these terms to define a Network Protocol that â for first time in history â allows the âprogrammabilityâ of money.
Bitcoin: A Primer For Policymakers
This paper will provide a short introduction to the Bitcoin network, including its properties, operations, and pseudonymous character. It will describe the benefits of allowing the Bitcoin network to develop and innovate, while highlighting issues of concern for consumers, policymakers, and regulators.
