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Blockchain Tec

With a blockchain, many people can write entries into a record of information, and a community of users can control how the record of information is amended and updated.

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...

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’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...

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...

Top Ten Crypto Websites

The internet is full of crypto sites. The moment you type ‘crypto’ into any search engine, hundreds, if not thousands of crypto sites show...

What is the Difference Between a Blockchain and a Database?

As stated in our guide "What is Blockchain Technology?", the difference between a traditional database and a blockchain begins with architecture, or how the technologies...

How Does Blockchain Technology Work?

As stated in our guide "What is Blockchain Technology?", there are three principal technologies that combine to create a blockchain. None of them are new....

What is a Distributed Ledger?

Ledgers, the foundation of accounting, are as ancient as writing and money. Their medium has been clay, wooden tally sticks (that were a fire hazard),...

A Guide to the World Bitcoin Created

Bitcoin. Cryptocurrencies. Smart contracts. Many people have now heard of the rapidly changing ecosystem of financial technology, but few have wrapped their heads around...

Ethereum Upgrades as Hard Forks Activate on Blockchain

Two long-anticipated upgrades appear to have officially activated on the ethereum blockchain, the world’s second-largest by market value, without incident. At 19:57 (UTC), the sixth and...