Over the past few weeks, there’s a lot going on within the bitcoin cash (BCH) ecosystem. Just recently businesses and service providers have been working towards changing their infrastructure to the new BCH address format. Additionally, the bitcoin cash environment got more support from organizations like the Bitclub Network and the merchant Kimchi Socks. Also […]
Yesterday on January 11 the American economist and professor of economics, Paul Krugman, seemed pretty excited about The North American Bitcoin Conference not being able to accept bitcoin for tickets. Krugman tweeted our recent article to his 4 million followers gloating that bitcoin is “too clunky and expensive.” Also read: South Korea Urges 23 Countries, […]
It didn’t take Microsoft all that long to fully reinstate its Bitcoin payment option. A few days ago, the company announced it no longer considered BTC to be an active payment instrument. Customers could still fund their accounts with Bitcoin, but that was the only option available to them. In a new turn of events, the company […]
Next week the popular cryptocurrency event, The North American Bitcoin Conference (TNABC) will be hosted in downtown Miami at the James L Knight Center, January 18-19. However, bitcoin proponents got some unfortunate news this week as the event organizers have announced they have stopped accepting bitcoin payments for conference tickets due to network fees and […]
It has proven to be another difficult weekend for the Bitcoin network. With the number of unconfirmed transactions rising again, the scaling issues become more apparent. It is not the first time we see incidents like these occur either. Until Bitcoin scales, such problems will only become more common.Especially users with low-fee transactions will feel […]
India’s Zebpay integrated innovative fee systems to reduce transaction fees and process small Bitcoin transaction.
The opinions on the current state of Bitcoin are rather divided, to say the least. Some people think it’s doing well, whereas others grow increasingly worried. According to Crunchbase, Bitcoin is no longer a means of exchange. Instead, it has become slow, expensive, and anything but convenient. This is anything but a popular opinion, mind […]
Bitcoin transaction fees remain a big problem in the cryptocurrency world. It seems there is no real short-term solution to resolve this problem whatsoever. Some network upgrades are in development, but they might take months or even years to come to market. An interesting chart shows how the Bitcoin fees have doubled nearly every three […]
One of the bigger stories last week how Andreas Antonopoulos received a lot of Bitcoin donations. After being publicly “shamed’ by Roger Ver, the community showed their goodwill. One thing that seemed to go by unnoticed is how the high Bitcoin fees play a big role in all of this as well. More specifically, one […]
How can cryptocurrency payments stimulate the economy by helping businesses and consumers?
Bitcoin network issues have been apparent for quite some time now. Especially when it comes to the mempool, things get out of hand quite regularly. It seems the backlog is filling up once again. With over 70,000 unconfirmed transactions hitting the network, things aren’t looking all that great. This is mainly due to the number […]
Everyone knows the Bitcoin transaction fees always spark new debates. In most cases, those discussions are not going all that well. Tony Gallippi, the CEO of BitPay, isn’t a big fan of this situation either. Instead, he points out how over half of the current Bitcoin wallet is unable to spend their balance. This is […]
Bitcoin Core development team has not been fundamentally opposed to on-chain bitcoin scaling
Within the past week, the percentage of Segregated Witness (SegWit)-enabled transactions in the Bitcoin network has increased from 9 percent to 14.45 percent, decreasing Bitcoin transaction fees, the size of the Bitcoin mempool, and blocks. SegWit near…
Earlier this year, QUOINE launched Qryptos, a new cryptocurrency trading platform. Qryptos is a very peculiar exchange which supports many different cryptocurrencies. The platform specializes in listing new coins with negative trading fees to generate initial liquidity. Negative fees are rather uncommon in the world of cryptocurrency exchanges. Qryptos Provides Liquidity in a Different Way Although Qryptos […]