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...

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...

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...

Why Use a Blockchain?

As the implications of the invention of have become understood, a certain hype has sprung up around blockchain technology. This is, perhaps, because it is...

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...