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Proof of Keys Explained: Bitcoin’s First Planned ‘Bank Run’ Is Today

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Do your bitcoins really exist? The answer might seem like an obvious “yes,” but the brewing “Proof of Keys” movement, launching today, argues the answer...

How to Calculate Mining Profitability?

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Are you serious about mining cryptocurrencies? If so, you need to know how to make the best use of your money and equipment. In...

What are Bitcoin Mining Pools?

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One of the first questions that anyone interested in mining cryptocurrencies faces is whether to mine solo or join a 'pool'. There are a multitude...

SegWit transaction capacity increase compared to Bitcoin Cash

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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...

Lightning Network Centralization Leads to Economic Censorship

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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...

Bitcoin Legal Experts: nChain SegWit Criticisms Are Flawed

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

When the Fork Forks: What You Need to Know as Bitcoin Cash Goes to...

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Around 16:40 UTC tomorrow, November 15, 2018, the Bitcoin Cash network is set to undergo another hard fork upgrade. But contention about this upgrade...

How do Bitcoin Transactions Work?

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Bitcoin transactions are sent from and to electronic bitcoin wallets, and are digitally signed for security. Everyone on the network knows about a transaction, and...

Risk of SegWit – Mining Cartels

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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...

A Beginner’s Guide To Bitcoin & Blockchain Technology

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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...

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