The developers of Bitcoin Cash have announced yet another attempt to increase the size of the criptomoeda block. The new increase is expected to occur next year. The improvement that will bring another block increase in the currency is present in the recently launched development roadmap - which covers timeframes of 6 to 12 months - released yesterday by the main...
The world's largest exchange of derivatives, the CME Group, has officially announced that its Bitcoin futures contracts will be launched on Monday, December 18, 2017. On November 20, the company posted on its website that the launch would be made on December 10 and shortly after releasing a new one communicating saying that the date was incorrect. This Friday,...
The SegWit2x hard fork that was scheduled for the middle of November was suspended by its developers last week after several important names in the Bitcoin community withdrew their support for the lack of consensus around the idea. But as in the universe of the criptomoedas everything changes fast, a few hours ago, the director of CoinBase, reported in his blog in...
Bitcoin Classic has confirmed that it is closing as developers claim that Bitcoin Cash (BCH) will become the "Bitcoin" by May 2018. In an official statement on Thursday, launch manager Tom Zander praised BCH and said that Bitcoin Classic "has kept its promise". "Now it's up to you to decide which chain will win the most bang. Now it's up to the next billion...
Bitcoin cash may not have been able to sustain its unprecedented weekend advance to $2,500, but it has nevertheless assembled an enviable week-long rally. The bitcoin cash price resumed that rally on Tuesday, posting a 20% advance that raised it from $1,134 to $1,390. Bitcoin cash now has a market cap of $23.4 billion. Much of today’s rally can likely be...
Bitcoin Cash has updated to adjust the difficulty algorithm (DAA) in order to optimize the processing time of the blocks. This algorithm is based on a 144-period simple moving average. The difficulty is adjusted each block, based on the amount of work done and the elapsed time of the previous 144 blocks. To compute the difficulty, we begin with the three...
Friday (10) is marked by a great confusion in the market of the criptomoedas. If in recent days the market has reacted euphorically with the news of the suspension of the hard fork, today the prices of the currency are pressed with a possible turnaround in this case. On the other hand, the day for Bitcoin Cash - created from a division of the main currency - is of...
Apparently, the hard fork of SegWit2x planned for next week will not occur any more. In a posting on the Linux Foindation forum, Mike Belche, CEO of BitGo and one of the 2x supporters, said the block increase planned for mid-November will no longer occur. The reason alleged was the lack of consensus on the division, which could cause a serious outlook in the...
But how to be the "owner" of Bitcoin? In the Bitcoin protocol there is a program called "Consensus Rule", a specific set of rules that all complete nodes use. It is crucial that all nodes follow the rules to maintain network consistency and security, for example, Bitcoin's consensus rules require blocks to create only a certain number of bitcoins. If a block...