Craig Wright Claims Bitcoin SV Will Process 1TB Blocks in Two Years

Dr. Craig S. Wright has a mission in mind for Bitcoin SV (BSV) to process terabyte-sized blocks. It’s a “2 year target” according to a tweet he published yesterday. 2 year target. 2-4 Million TPS peak 500k sustained Terranode Bitcoin — Dr Craig S Wright (@ProfFaustus) November 29, 2018 Wright didn’t elaborate on the how The post Craig Wright Claims Bitcoin SV Will Process 1TB Blocks in Two Years appeared first on CCN

Read More

Bitcoin Price Plunges to New Yearly Low at $3,456: What’s Causing it?

On Coinbase and other major fiat-to-cryptocurrency exchanges, the Bitcoin price (BTC) has dropped to a new yearly low at $3,456. Over the past 24 hours, despite its relatively low daily volume at around $5.2 billion, BTC demonstrated a drop of over 12 percent, showing weakness in short-term momentum. The volume of BTC has since risen The post Bitcoin Price Plunges to New Yearly Low at $3,456: What’s Causing it? appeared first on CCN

Read More

BitPay Sides with Bitcoin ABC in Bitcoin Cash Hard Fork

BitPay has joined the litany of industry heavyweights including Coinbase and Binance in backing the Bitcoin Cash ABC side of the upcoming Bitcoin Cash hard fork. Without delving too much into the debate surrounding the upcoming chain split, Bitpay said in a blog post: BitPay’s system uses the primary software implementation of Bitcoin Cash called The post BitPay Sides with Bitcoin ABC in Bitcoin Cash Hard Fork appeared first on CCN

Read More

War: Bitcoin Cash Startup Launches Mining Pool to Attack Altcoins & BCH Forks

A prominent bitcoin cash startup has launched a mining pool designed to attack altcoins and BCH forks that it does not believe fulfill Satoshi Nakamoto’s original vision for the cryptocurrency. SharkPool: Supporting Bitcoin Cash by Attacking other Networks Dubbed “SharkPool,” the service aims to conduct a two-pronged attack on other cryptocurrency networks, exclusively mining empty The post War: Bitcoin Cash Startup Launches Mining Pool to Attack Altcoins & BCH Forks appeared first on CCN

Read More