Bitcoin | ForkLog

Krzysztof Shpak 618 20.06.2020

Bitcoin Investors Remain Bullish Despite Extended Consolidation

For the past few weeks, Bitcoin (BTC) has been in a consolidation range between $9,200 and 9,600 and it is believed that the latter has to be broken before any significant price gains can be achieved.

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Krzysztof Shpak 1378 17.06.2020

Emin Gün Sirer Reveals Fundamentals of a Perfect Blockchain. PoW Mining Is Not Included

Emin Gün Sirer, associate professor of computer science at Cornell University and an early proponent of Bitcoin, is known as the creator of several important scaling solutions, including Bitcoin-NG.

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Krzysztof Shpak 540 15.06.2020

Can Covid-19 Kill Cash and What Will It Mean for Bitcoin?

It has been argued many times that for purposes of money laundering and conducting black market activities Bitcoin in fact does not even come close to its predecessor—hard cash. In fact, some go as far as to claim it is foolish to rely on Bitcoin for traditional illicit activities while cash still exists.

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ForkLog 72 30.05.2020

What is Taproot?

Taproot—Bitcoin’s BIP-340/341 upgrade—combines Schnorr signatures with a Merkle-based script tree to make complex contracts resemble simple single-key spends, improving privacy and efficiency while freeing block space. It builds on MAST concepts without burdening ordinary transactions.

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ForkLog 89 29.05.2020

What is ECDSA in Bitcoin?

1 What is ECDSA? ECDSA (short for Elliptic Curve Digital Signature Algorithm) is a scheme based on elliptic-curve cryptography (ECC). The ECDSA algorithm uses an elliptic curve and a finite field to create signatures that anyone can verify while only the signer can produce them. In Bitcoin, the signed data are transactions that transfer ownership.

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Krzysztof Shpak 921 14.05.2020

Cryptocurrency Documentary Review: Should You Watch It and Why

Writing about crypto-themed documentaries is a relatively rare occasion. Most of them, however, obviously focus on Bitcoin, which is arguably the easiest target for research. Still, if you compare the number of documentaries on Bitcoin with the number of documentaries on the Nazis, it will become very clear that even 80 years later the ominous […]

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Krzysztof Shpak 1151 12.05.2020

Halving Has Happened, What’s Next? Crypto-Industry Stakeholders Share Their Expectations

On May 11th, block reward in the Bitcoin network was decreased from 12.5 to 6.25 BTC heralding the 3rd halving in the first crypto’s history. Block #630000, the first to bring a decreased reward, was mined by the AntPool mining pool. Crypto-industry stakeholders from around the world shared their opinions about the consequences of the […]

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Krzysztof Shpak 1124 24.04.2020

CoinJanitor: The Shitcoins’ Highlander out to Kill All Your Shitcoins

Shitcoins, the inglorious remnants of the golden age of crypto, they continue wandering aimlessly like redundant post-apocalyptic robots in a world where they no longer have a purpose or an excuse to exist. They are the bane of every Bitcoin maximalist and a sore on the once pristine body of blockchain tech.

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Krzysztof Shpak 626 15.04.2020

48show’s Max Keidun: There Will Be a Privacy War

There are myriads of individual aspects to the issue of personal privacy. In the case of Bitcoin, privacy is the subject of heated debates that split the community to an extent.

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ForkLog 94 10.04.2020

What is the Austrian School of Economics?

1 What is the Austrian School of Economics? The Austrian School holds that the self‑organising force of the market price mechanism is primary. 2 What are its key propositions? Value is subjective; consumer behaviour is hard to predict and markets are ever‑changing, making mathematical modelling and central planning largely infeasible; theory should be derived from human action; policy should favour non‑intervention, economic liberalism and libertarianism.

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Krzysztof Shpak 918 09.04.2020

Bitcoin Halving Shifts Into Future All the Time: Will It Happen as Scheduled?

Bitcoin halving will keep happening at predetermined moments until there are 21 million coins. The thing is that it’s predetermined not in time, but in block height. The nearest halving is expected to happen in May 2020.

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Krzysztof Shpak 4588 08.04.2020

Helicopter Money: Way out of Crisis or Fallacy of Traditional Economics?

On March 27th, the U.S. Senate approved the largest anti-crisis measures package to support the economy during the COVID-19 pandemic. It’s worth $2.2 trillion. The list of measures includes increasing spending on healthcare, providing direct financial help to the population, and allowing businesses to get discount loans and grants to cover salaries during the quarantine.

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