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According to reports from Bitcoin (BTC) developers, a startling amount of block space is being wasted on the Bitcoin network to secure the blockchains of other cryptos. A company called VeriBlock has been “borrowing” the hashing power of the Bitcoin network to increase security on vulnerable altcoin chains and filling up BTC block space in the process.
Jeff Garzik, historically one of the major early contributors to the Bitcoin codebase and later a lead developer at BitPay, doesn’t know who created the flagship cryptocurrency. However, he has an educated guess. Speaking in an interview with Bloomberg, he spoke to his suspicions of the actual creator of Bitcoin. He has one of the
In honor of the bitcoin white paper‘s 10th anniversary, we took a long look at Satoshi’s legacy. From the man who claimed the author’s identity to early developers who helped make bitcoin what it is today—to examinations of what it even is today—here’s what you need to know about bitcoin since its emergence on October 31, 2008. We’ve rounded up everything we and other news outlets wrote to honor b...
Dan Held, co-founder of Interchange, published a summary on Thursday about the perceived fairness of Satoshi Nakamoto’s initial distribution of bitcoins. The director of the institutional-grade cryptocurrency portfolio management service argues that the Bitcoin protocol’s earliest cryptocurrency distribution processes remain the most honest and equitable to date, particularly in comparison with th...