The bitcoin scaling debate has taken yet another turn, although very few people saw this latest development coming. BitFury, one of the largest bitcoin mining pools, successfully mined a block on the network that signals for the user-activated SegWit soft fork. A rather controversial decision, although it could signal an end to the scaling debate once and for all.
BitFury Sparks A New Scaling Debate
Recently, a post appeared on Reddit explaining how the BitFury mining pool did something rather unexpected. The pool mined a block supporting the BIP 148 proposal, which effectively signals a user-activated soft fork for SegWit. … Read the rest
Andreas Antonopoulos has warned about Bitcoin Unlimited’s system of consensus and the dangers of a hard fork.
BU ‘Sets The Rulers’ But ‘Doesn’t Change Rules’
In his latest Q&A session at the Singapore Management University Bitcoin and Ethereum meetup, the veteran commentator highlighted how BU “doesn’t change the rules” but “sets the rulers, who will then get to change the rules.”
“…That is a very dangerous thing to do in Bitcoin, especially if it’s done as a contentious hard fork,” he said.
While Bitcoin’s best-known names have stated ever more explicitly on which side of the fence they fall, … Read the rest
PIVX (Private Instant Verified Transaction) presents an alternative in the world of privacy-centric cryptocurrencies as it offers what it terms as an upgrade of the DASH code from which the currency was built. Some of the differences between the two includes PIVX’s adoption of Proof of Stake (PoS) code and a new Community Designed Governance which enables instantaneous, private and verified transactions to all users.
Pushing for an environmentally friendly alternative, PIVX has scrapped its dependency on resource-heavy hardware for mining and opted for an online alternative where users can earn PIVX through staking which is simply holding tokens in … Read the rest
The Bitcoin community is not enjoying their weekend, thus far, as the Bitcoin price continues to fall as the week comes to a close. Bitcoin value approaches $900 USD as a major player speaks on the forking turmoil.
Bitcoin Price Falls on Fork Fears
According to CoinMarketCap, Bitcoin price has fallen almost $350 over the last ten days, after reaching a low on Saturday of $904. This volatility follows a February showing nothing but gains, and a turbulent January, where Bitcoin price jumped to almost $1200 and then fell to almost $750 after regulators clamped down on China’s no-fee trading … Read the rest
It does not happen all that often when researchers find a cross-platform malware. A new malicious Word document is a cause of great concern, though, as it can infect both Mac OS X and Windows computers alike. A very unusual development, since criminals very a rarely target the Macintosh platform due to its lesser popularity. It is unclear how harmful this new type of malware might be, though.
A Cross-Platform Malware Strain is Unusual
When computer operating systems start to turn on their users, things are not looking good by any means. A new zero-day attack that affects the Windows operating system will turn installed antivirus solutions into a legitimate malware threat. Antivirus vendors are not too concerned about this situation right now, even though it is still a troublesome development.
Compromising Antivirus Solutions is The Latest Hacker Trick
The DoubleAgent attack is a new zero-day attack vector targeting Windows operating system users all over the world. It appears DoubleAgent takes advantage of a legitimate Windows tool, which makes the whole ordeal quite worrisome. … Read the rest