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

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Crypto’s Too Expensive? Binance Sent $600 Million in Bitcoin for Just $7

Crypto exchange Binance has been moving bitcoin funds to cold storage the past couple of days, and, of course, such large transfers don’t go unnoticed. Two transactions destined for Binance’s cold wallet come to the fore and demonstrate both the power and irony of the blockchain. A transaction in block 550211 was a transfer of just … Continued The post Crypto’s Too Expensive? Binance Sent $600 Million in Bitcoin for Just $7 appeared first on CCN

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Brazilian Entrepreneur Creates Bitcoin-Powered Coffee Machine

Ricardo Reis, a Brazilian entrepreneur, has recently created a bitcoin-powered coffee machine, in an attempt to show the flagship cryptocurrency has various potential use cases as actual “programmable money.” A video of the coffee machine in action was initially shared with a BTC-focused group on Facebook, and made the rounds on social media. The machine … Continued The post Brazilian Entrepreneur Creates Bitcoin-Powered Coffee Machine appeared first on CCN

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PayPal Files Patent to Improve Cryptocurrency Transaction Times

The post PayPal Files Patent to Improve Cryptocurrency Transaction Times appeared first on CCN PayPal has filed a patent for a system designed to improve the speed of cryptocurrency payments. Documents filed with the US Patent and Trademark Office (USPTO) on March 1 show that the payment processing giant has developed a system through which senders and receivers can swap private keys rather than sending coins over the network The post PayPal Files Patent to Improve Cryptocurrency Transaction Times appeared first on CCN

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