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Posts Tagged ‘block’

Ethereum Block Count Spikes As Difficulty Bomb Diffuses on Schedule

The rate at which new transaction blocks are being added to the ethereum blockchain is back on the rise after the network’s successful upgrades, Constantinople and St. Petersburg, last week. According to blockchain analytics site Etherscan, the daily block count increased more than 1,500 blocks within a 24-hour period after the upgrades, implemented as hard forks,…

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Latest Lightning Code Release Trolls With a ‘Block Size’ Increase

The latest code version for the lightning network – often trumpeted as the future of bitcoin payments – includes a “block size increase.” One of the most active lightning implementations, LND, pushed out its newest “minor” release, version 0.5.2, of its beta code on Wednesday. Though it includes several changes from many contributors, mostly with the goal…

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Judge Moves to Block Potential Lawsuits Against QuadrigaCX Exchange

A judge in Canada will rule in favor of a creditor protection request filed last week by Canadian crypto exchange QuadrigaCX, issuing a 30-day stay of proceedings. The controversial platform went offline last week, later announcing that it was filing for protection under the Companies’ Creditors Arrangement Act (CCAA) due to its inability to locate its…

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First Grin Block Mined as Mimblewimble Privacy Crypto Goes Live

Grin, a cryptocurrency that leverages the mimblewimble privacy technology, has just gone live on mainnet. Named after the tongue-tying curse in the Harry Potter book series, mimblewimble is a protocol that fuses transactions together such that they are indecipherable – even on a public digital ledger. While it has been in the works since late 2016,…

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Bitcoin Turns Ten on Anniversary of Genesis Block

Today, Jan. 3, marks ten years since the creation of the very first block on the Bitcoin (BTC) blockchain. Known in more technical parlance as a “genesis block,” the first block on a blockchain is unique in that it — logically — contains no reference to any previous blocks, and is always hard-coded into the…

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Bitcoin Genesis Block 10th Anniversary Sees Identical Debt Headlines

The tenth anniversary of the Bitcoin genesis block has come with a somewhat ironic celebration in one UK mainstream newspaper. ‘Thanks Satoshi. We Owe You One’ As Hong Kong-based trading platform BitMEX noted uploading the front cover featuring its own advertisement to Twitter, the edition of the Times for January 3 acknowledges Bitcoin’s tenth birthday.…

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Many EOS Block Producers Are Underwater With Price Below $3

The tumbling market has caused an upheaval in the top market cap positions. EOS, for example, has surpassed both Bitcoin Cash (BCH) and Litecoin (LTC) in terms of market capitalization. But despite being the 5th largest cryptocurrency, its network might be in jeopardy, according to a recent survey.  EOS Surpasses Bitcoin Cash It’s safe to…

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Block 7,080,000: Ethereum Devs Propose Activation Point for Next Hard Fork

Members of ethereum’s open-source development team have reached agreement on an activation time for Constantinople, a proposed code change designed to give users the option to update the blockchain with additional features. Speaking at a bi-weekly core developer meeting Friday, the developers assembled agreed on block 7,080,000 on the ethereum blockchain as an activation point…

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Bit.ly Says It ‘Does Not Block Cryptocurrency Sites,’ Fixes Links For Andreas Antonopoulos’ Book

On November 3, renowned Bitcoin advocate, Andreas Antonopoulos, took to Twitter to claim that URL shortening service, Bit.ly (Bitly), had blocked crypto-related links from his upcoming book. Cointelegraph has reached out to Bitly, and learned that the links “had been inadvertently blocked,” while the company has reportedly resolved the issue. Nevertheless, crypto-related bans still exist…

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