After more than a year in operation on the bitcoin blockchain, the Lightning Network has grown in capacity to nearly 1000 BTC, processing hundreds of transactions per day. Is this a smashing success, or an utter failure?
- Graph source: https://p2sh.info/dashboard/db/lightning-network
- LNBig source: https://www.reddit.com/r/btc/comments/bxh0ny/lightning_network_capacity_takes_a_sudden_dive/eq9x...
Coinbase, the popular San Francisco-based cryptocurrency exchange, has leaked plans to integrate transaction batching on the bitcoin blockchain, which is expected to bring lower fees to the entire ecosystem.
Learn more in the video: https://youtu.be/UXGCWSGy8xI
In the summer of 2010, the legendary creator of the world's first blockchain shared his thoughts on its long-term scaling. In studying these early writings, it becomes clear that Bitcoin's founder favored a larger maximum block size. This vision has become realized in Bitcoin Cash.
Learn more in the video: https://youtu.be/Uea5cedvEMo
"It would be nice to keep the blk*.dat files small as long...
Your local currency seems to be stable, but it is actually slowly losing value. This has an unexpected impact on your taxes. What do you think about this issue?
Learn more in the One Minute Crypto video: https://youtu.be/oaCxeIvof6E
Have you noticed how the blockchain industry is handling fundraising? Specifically, I've been watching Grin, which is a privacy-focused cryptocurrency that's taken a rather unusual approach: they've decided to go entirely donation-based. That's right: no ICO, no developer tax, no premine. Most projects, like Ethereum for example, bootstrapped their development by creating an initial supply of toke...
Did you know Google provides information on internet search term popularity, graphed over time? Check out the trends for the term "bitcoin" and prepare to be amazed (or not).
Watch the video to learn more. https://youtu.be/2VeGuYG6msw
Denarium, a long-standing cryptocurrency company based in Finland, launched two new special editions to their popular 2019 silver coin. These custom-value 1-ounce silver coin support up to 2 full BTC of preloaded value, making them the perfect gift for friends and family.
Check out our video review of these stunning coins!
The popular exchange Poloniex announced their intention to remove support for 7 long-standing cryptocurrencies. This move came as a shock to many of the respective coin communities. Trading of the affected tokens is planned to cease on May 17, with withdrawal support ending over the next month.
* Syscoin (SYS)
* Steem Dollars (SBD)
* Huntercoin (HUC)
* Counterparty (XCP)...
The Bitcoin Cash network has taken a great leap forward with the introduction of the CashShuffle Protocol. For the first time, everyday users can mix their Bitcoin Cash and vastly improve their financial privacy at the click of a button.
CashShuffle is a fully decentralized coin mixing protocol that shuffles your Bitcoin Cash with other network participants. This shuffling process obscures your ...
Bitfinex, a massive bitcoin exchange that claims real dollars back its popular stablecoin Tether, allegedly raided those reserves to cover up $850 million that went missing, according to the New York Attorney General’s office.
Meanwhile, Bitfinex claims that the government seized the missing funds, and that their efforts should focus on returning the funds to their rightful owner.
What do we k...
One of the best ways to reduce investment risk is to maximize your knowledge of the industry. Unique risks surround blockchain technology, making this rule of thumb more applicable than ever. In this 150-second video, we discuss three key risks in the bitcoin space.
How much crypto is traded in a day? If you believe the numbers coming out of the world's largest exchanges, you'd be in for a surprise. Unfortunately, you shouldn't believe them. Here's why: https://youtu.be/hJCvxlThezs
YouTube. This is a YouTube video. Watch it on YouTube, because that's where it is. YouTube.
Fine, fine, just read the transcript below.
Welcome, welcome to One Minute Crypto! I'm your host, Chronos, and today I want to give my thoughts on the recent drama around Bitcoin SV, a fork of Bitcoin Cash. Recently, the CEO of the major exchange Binance announced t...
Coinbase, the cryptocurrency behemoth based in San Francisco, has launched a new product called the Coinbase Card: a VISA debit card that allows you to spent crypto directly from your Coinbase account. Although they're not the first company to offer a product like this, it is still a big deal in the world of bitcoin.
Learn more at https://www.coinbase.com/card, or watch the One Minute Crypto vid...
An upstart blockchain company, Veriblock secures their blockchain by embedding it using bitcoin's OP_RETURN code. This consumes BTC block space, and comes at the cost of other transactions. Is this a boon to bitcoin security, or a parasitic invasion? Watch the video below to learn more, then sound off in the comments.
Let's face it: bitcoin has two distinct use cases. It can act either as a speculator's toy, or an internet currency. Which is its true purpose, and how do you use it?
Watch the video here, then sound off in the comments below.
On May 15th, 2019, Bitcoin Cash will complete its next scheduled protocol upgrade. This time, we expect to introduce Schnorr Signatures, an alternative to ECDSA that comes with distinct advantages.
What does this all mean for the rest of us? Privacy, scaling, better, faster, stronger. Watch the video to learn more: https://youtu.be/ulSbA623nG4
Want to dig into the technical side? Go for it! ...
Mining bitcoin is not as easy as it might seem. In this video, we highlight the biggest reason that most crypto miners end up losing money.
Direct link: https://youtu.be/7LltMN4GOUU
Welcome, welcome to One Minute Crypto! I'm your host, Chronos, and today I want to talk about why mining bitcoin is such a tough business to make money in. It's not intuitive that this w...