How does proof-of-work prevent 51% attacks? Can the attacker change the whole chain in a 51% attack? How often has a 51% attack occurred? Could a government agency reverse a transaction? Did Satoshi foresee ASICs and how competitive mining would be? Does China control Bitcoin mining? Should we change the proof-of-work to solve this?
What are “bitcoin days destroyed,” how is it calculated, and what is the significance of this maturity figure?
Bitcoin’s emergence as a global digital currency has been as revolutionary as it has been erratic. But while fledgling investors obsess over every fluctuation in the cryptocurrency market, nation-states are more interested in the underlying blockchain technology and its ability to revolutionize how business is done on the internet and beyond. VICE’s Michael Moynihan travels […]
The virtual goldrush to mine Bitcoin and other cryptocurrencies leads us to Central Washington state where a Bitcoin mine generates roughly $70,000 a day mining bitcoin. A warehouse full of ASIC Bitcoin miners run 24/7 to manufacture Bitcoin. The location of this Bitcoin Mine is one of the world’s epicenters for mining. Cheap hydroelectric power […]
In the world of cryptocurrency, money is power, sparking a gold rush wherever energy is cheap and abundant. A booming cryptocurrency mining industry is disrupting a small town in Washington state.
Sia Co-Founder David Vorick and NEAR Co-Founder Alex Skidanov discuss how Sia’s technology works in the 30th episode of the Whiteboard Session. Sia is a decentralized data storage platform powered by blockchain technology. ——- About Whiteboard Series ——— The Whiteboard Series with NEAR is a set of video interviews with Founders who are building scalable solutions […]
https://bit2me.com/dex Bit2Me DEX is a Decentralized & Trustless Exchange: The third generation of crypto exchanges has arrived. 💡 Main Features: -No Register & No KYC -Atomic Swap -NO Fees -Wallet to Wallet trading -Hardware Wallet integration -Fiat funding integration -24/7 Non-Stop Trading ⭐ ALL FEATURES: https://blog.bit2me.com/en/bit2me-dex-anatomy-of-a-decentralized-tokens-exchange/
Mr. Bitcoin Bring me money Give me a chance up out this economy Give me a sign, cause I just lost all my clovers. The U.S. dollar’s dropping fast. It’s almost over!!! Mr. Bitcoin We’re all alone China owns our asses!! They own all our homes. So please , Oh Bitcoin, please. Mr. Bitcoin Bring […]
“Austrian Cowboy” Bitcoin Bob sings the ultimate Country & Western song about the monetary system and the digital currency Bitcoin. Camera: Stanislav Mandryka & Anastasya Stolyarov Edited by Anastasya Stolyarov (We’re gonna end the) Money Monopoly Music & lyrics by Aaron Koenig Hey Mr. Draghi Go get yourself a job The European currency Is a […]