Place Your Bets! Bitcoin Core Lightning Network Fails to Complete Basic Transaction
Wagers really don’t settle matters, but they are a lot of fun and force advocates to have some skin in the game. In the ongoing debate about scaling, network fees, congestion and mempools, the Lightning Network is Bitcoin Core’s answer. Some in the ecosystem have doubted its efficacy. A bet was placed. If a payment failed, as opponents assured it would, the Core advocate would have to wear a bitcoin cash (BCH) t-shirt. If...
These Countries Won’t Tax Your Bitcoins Too Much
A growing number of governments can’t resists the temptation to get their hands on some of the bitcoins their citizens are making. Several states, however, think that leaving some breathing space for crypto users and entrepreneurs is a better idea in the long run. Crypto-friendly tax regimes can still be found around the world. Also read: Tax Paying Americans Owe $25 Billion in Cryptocurrency Tax Exemptions Offered Here:...
Bitcoin in Brief Saturday: Hide Your Seed
Today’s Bitcoin in Brief is all about you. Specifically, it’s about how you should be hiding your wallet seed and locking down your op-sec to prevent any fools from jacking your crypto. We’ve got all that, plus a cornucopia of other juicy morsels in your daily roundup of the last 24 hours in bitcoin. Also read: Bitcoin in Brief Friday: That Green Candle Hide Yo Crypto, Hide Yo Seed When it comes to...
NYDFS Superintendent Was Wrong — Bitlicense Severely Damaged Bitcoin Businesses
This week the New York State Department of Financial Services (NYDFS) Superintendent, Maria Vullo, discussed the controversial state Bitlicense, a set of regulations aimed at monitoring and regulating cryptocurrency operations. According to Vullo, the regulatory policies enacted by the former Superintendent Ben Lawsky and the NYDFS has stimulated greater interest towards licensed companies in the state. Others beg to differ. Also...
Craig Wright Shrugs Off Plagiarism Accusations
Nchain chief scientist Craig Wright is a prolific blockchain researcher, with dozens of papers and patents to his name. He’s also a controversial and outspoken figure who has ruffled numerous figures in the crypto space. Some of these opponents have taken it upon themselves to scrutinize his work, and claim to have found incidents of plagiary. Also read: Nchain to Offer Smart Contract Patents Exclusively to the Bitcoin Cash...
