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A Beginner’s Guide To Bitcoin & Blockchain Technology

Interested in knowing about BITCOIN? Then you are at right place, Bitcoinfy.net provides vivid information about Cryptocurrencies and Bitcoin in detail. ARE YOU A BEGINNER? Bitcoinfy.net vindicates brief...

Bitcoin Cash Upgrade Milestone Complete: 32MB and New Features

The Bitcoin Cash network has officially upgraded the blockchain protocol at approximately 1:54 EDT by extending the current block size fourfold from 8MB to...

SegWit transaction capacity increase compared to Bitcoin Cash

Abstract: In September 2017, we wrote a piece on the SegWit capacity increase. Here, we provide an update on SegWit adoption with six more months of transaction...

Stellar Gears Up to Implement Lightning Network

Last week, on March 15, 2018, Lightning Labs unveiled their beta for the Lightning Network in a flash of media attention and enthusiasm. The Lightning Network has been...

Lightning’s First Implementation Is Now in Beta

Today, March 15, Lightning Labs announced lnd 0.4-beta, the first beta release of the Lightning software implementation spearheaded by the development company. This makes lnd the first...

Bitcoin Legal Experts: nChain SegWit Criticisms Are Flawed

An effort by stealth bitcoin startup nChain to raise awareness of supposed issues with code that would boost the capacity of the distributed payments...

Risk of SegWit – Mining Cartels

The bitcoin community continues to debate Segregated Witness, the Bitcoin Core development team’s proposed scaling solution which would separate signature data (witnesses) from transaction...

Lightning Network Centralization Leads to Economic Censorship

A few months ago, I wrote an article called “Mathematical Proof That the Lightning Network Cannot Be a Decentralized Bitcoin Scaling Solution”. It received quite a bit of...

Mathematical Proof That the Lightning Network Cannot Be a Decentralized Bitcoin Scaling Solution

Have you heard of the Bitcoin Lightning Network? It is a proposal that claims that: “using a network of these micropayment channels, Bitcoin can scale to...

Is Bitcoin mining worth it?

This is a simple question with a complex answer. There are a few different factors that influence whether or not Bitcoin mining will be...