Making Sense of Cryptoeconomics

Making Sense of Cryptoeconomics

Josh Stark (@0xstark) is a member of Ledger Labs and Blockgeeks Lab, a blockchain co-creation company in Toronto, Canada. In this CoinDesk opinion piece, Stark argues that the term “cryptoeconomics” is widely misunderstood, despite being a crucial concept needed to understand and analyze the blockchain industry. A few months ago Parker Thompson, a well known Silicon Valley VC, tweeted that […]

Bitcoin Prices Retreat Toward $4,100 While Bitcoin Cash Soars

Bitcoin Prices Retreat Toward $4,100 While Bitcoin Cash Soars

Following a week of thrilling price gains and two all-times highs – $4,483 on August 15, and $4,520 on August 17 – bitcoin prices have now slumped back toward $4,000. Opening the session at $4,159, price across global exchanges peaked early at $4,406 and have since steadily dropped and at press time had recovered sightly to $4,112. The low for the session […]

Bitcoin Cash Is Now More Profitable to Mine Than Bitcoin

Bitcoin Cash Is Now More Profitable to Mine Than Bitcoin

Bitcoin cash’s surge above $500 today is changing more than just the the net worth of its investors and users. The rising price is also creating the incentive for miners to dedicate computing power to the bitcoin cashblockchain, one that could find them moving away from bitcoin. With the new push, bitcoin cash miners are making around 2% more mining […]

Bitcoin’s Biggest Software Wallet Blockchain Adds Ethereum

Bitcoin’s Biggest Software Wallet Blockchain Adds Ethereum

Bitcoin wallet startup Blockchain is today launching an option for users to create ethereum software wallets, a move that marks the first time the startup has integrated a new cryptocurrency since it launched in 2011. Announced today, the launch also coincides with a new partnership with cryptocurrency exchange service ShapeShift that will enable users to transition funds […]

Lightning Bank Ledgers? Bitfury and Ripple Demo New Twist on Bitcoin Tech

Lightning Bank Ledgers? Bitfury and Ripple Demo New Twist on Bitcoin Tech

Bitcoin’s much-anticipated Lightning Network is now compatible with seven different payment networks. Today, blockchain services firm Bitfury and payments network provider Ripple are releasing new code that makes it possible to conduct Lightning-style transactions across a range of both blockchain and legacy payment networks. While still in its early stages of deployment, it’s believed the Lightning Network could one day expand […]

Bitcoin Prices Reach New All-Time High of Over $4,500

Bitcoin Prices Reach New All-Time High of Over $4,500

Following two days of near sideways trading, bitcoin prices have once again reached record levels. Since setting its most recent all-time high of $4,483 on August 15, prices have fluctuated in the $4,000–$4,200 range until starting to rise once again Wednesday afternoon. This morning, however, after a slight drop early on at 3 a.m. UTC, vigorous trading has seen […]