As the dust settles from yesterday’s Bitcoin Cash fork, EOS sees decentralization issues, a possible bounce for Bitcoin, big inflatable Bitcoin rat protesting, further SEC ICO rulings, and the use of cryptocurrencies in Venezuela. Catch up on today’s news details.
EOS Stolen Funds Arbitration Ruling Scoffs At Decentralization
EOS has seen significant attention during many points this year. EOS looked to provide a decentralized scalable option. Although EOS’ true decentralizatio ...read more
On May 13th 2018, HBO has aired the eight and final episode of Silicon Valley’s fifth season. At the time, it seemed like a funny crypto story about 51% attacks and corporate interests. But in the context of the Bitcoin Cash fork, it’s easy to observe a striking resemblance between the two scenarios.
First of all, let’s talk about the rather obvious and well-known situation of BCH. The most significant and resourceful Bitcoin fork has reached a point of turmoil, where even the ...read more
During his 50-minute Crypto Insider interview, ETC DEV Team’s Donald McIntyre has been candid and open about his views on immutability. In the first part, he revealed that his advocacy within the original Ethereum crew has always been for a permissionless, immutable, and truly decentralized blockchain.
When he made the switch to the Classic side, he had already inherited his Bitcoin-inspired discourse for Turing-complete blockchains. And now that he’s accommodated his advocacy positi ...read more
The EOS blockchain was built with the intention of providing a means to scale transaction speed while still providing a certain level of decentralization. The extent to which EOS is decentralized, however, has always been a point of contention since network transactions are validated by a small group of “supernodes” which must be elected every 21 blocks.
The goal of decentralization, with every blockchain, is to eliminate points of central control meaning no single entity can w ...read more
Bitcoin Cash split into two chains today, dividing one of crypto’s most controversial communities. Bitcoin Cash (BCH) turned into Bitcoin ABC (BCHABC) and Bitcoin SV (BCHSV).
One thing is certain – the last 48 hours have been anything but boring. (To catch up on more of the story’s background, check out Crypto Insider’s previous BCH fork article.)
BTC Action Related?
Yesterday saw Bitcoin rapidly drop hundreds of dollars, according to real-time data from Blockmodo. O ...read more
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