Bitcoin News and Information Today

Can quantum computers crack Bitcoin?

Jan 06, 2023

Since the birth of Bitcoin people have been worried about improving decryption technology one day becoming capable of breaking the encryption. A recent paper by Chinese researchers claiming a quantum computation breakthrough - which most consider a hoax - adds fuel to the fire. How likely a candidate is quantum computing to ever break Bitcoin's encryption?

Happy Birthday: Bitcoin is 14 years old

Jan 04, 2023

The foundation for Bitcoin was laid out in a white paper that was published in late 2008. Its birthday however was on January 3, 2009. It was a rough ride from the bottom to the top. Fans and the community were celebrating Bitcoin’s 14th birthday yesterday. The mother of cryptocurrency offers stability ever since it has been invented and its blockchain was born.

Valkyrie wants to take over Grayscale's Bitcoin Trust

Jan 03, 2023

Valkyrie Investments has shared a proposal to take over Grayscale Bitcoin trust, GBTC. The proposal would be for current GBTC shareholders to vote on. The bid highlights the current precarious situation around DCG's companies, including Gemini and Genesis.

Another 2,500 BTC: MicroStrategy strikes again!

Dec 28, 2022

MicroStrategy is one of the largest holders of Bitcoin worldwide and one of the few companies that started to hodl BTC. Despite a freezing crypto winter and the fact that the market had to forgo a Christmas rally this year, the company and Michael Saylor are steadfast.

Running Bitcoin: Fran Finney urges community to join the fight against ALS

Dec 28, 2022

Hal Finney wrote history when he became the first person to receive a Bitcoin transaction in the world. Satoshi Nakamoto, the anonymous inventor behind Bitcoin, sent him these coins personally. That was not the only contribution to Bitcoin Hal Finney made in his life. In fact, he did much more than that, but sadly passed away in 2014 suffering from ALS.

How BOLT12 increases Lightning's privacy

Dec 11, 2022

BOLT12 is a new improvement proposal for Bitcoin's Lightning Network. It offers a ton of functionality but was mainly developed to overcome the privacy issue of Lightning payments. One company, Blockstream, has already implemented the technology on its Lightning implementation.

Block Inc. and Strike driving Bitcoin adoption in Africa

Dec 07, 2022

Africa is one of the places where many blockchain related projects promise to change things for the better. Cardano has entered partnerships in Ethiopia and Tanzania to educate developers and offer blockchain-based solutions in several fields. Bitcoin, on the other hand, is open-source and not driven by a single company unlike Cardano, but there are still players which expect that Bitcoin will make a positive impact on the continent.

Bitcoin obituaries slowly dying out?

Dec 05, 2022

Since the fall of FTX, the number of times influential people have claimed Bitcoin or crypto will die, has gone up. But it is still remarkable that the number of these so-called 'Bitcoin obituaries' is in a downtrend. Are the sceptics less sure of their case?

New Bitcoin mining report: 52% zero-emission

Dec 02, 2022

A researcher and former climate activist has established a new methodology to determine the percentage of the Bitcoin mining energy that comes from renewable sources. By including so-called off-grid mining, he estimates Bitcoin's total energy generation at 52% from zero-emission sources.

What is a Merkle Tree and how is Bitcoin growing them?

Dec 02, 2022

Hash trees are vital to blockchain technology and Bitcoin because they allow validating data securely and efficiently. The name Merkle tree derives from its scientist inventor Ralph Merkle who patented his invention in 1979. Today, hash trees are very common in cryptography as well as in computer science.

ECB: Bitcoin on its way to irrelevance

Dec 01, 2022

In a blog post called Bitcoin's last stand, the ECB has revealed its negative stance towards Bitcoin. It views the current relative price stability as 'an artificially induced last gasp before the road to irrelevance'. The attack came at a day on which it also attacked the new uncensored Twitter.

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