What is bitcoin? Bitcoin is a decentralized digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: transaction management and money issuance are carried out collectively by the network (Bitcoin wiki). The Bitcoin network holds a record of all transactions as a […]

On November 28, the National Crowdfunding Association of Canada will be hosting VanFunding 2017 ‘Going Mainstream’ and Blockchain Hackathon. This conference will hear over fifty speakers, from innovators to entrepreneurs to thought leaders, who will share their experience and insights on blockchain and fintech funding. Topics will include blockchain ICOs, crowdfinance and alternative currencies. As […]

  On Wednesday November 8, Mike Belshe, CEO of the software wallet BitGo announced that SegWit2X was being suspended due to “…(in)sufficient consensus for a block size increase”. For many in the Bitcoin community, this stalling of the SegWit2X hard fork was inevitable, for some it was a relief, for others, it was a chance […]

In October 2017, I gave this presentation to the UBC Bitcoin Club, BITCOIN_ THE GREAT SCALING DEBATE, about Bitcoin’s most critical development issue: the question of how to scale up the Bitcoin network without undermining its integrity. I outlined the following points: the Bitcoin network’s current state, the need for the network to scale, the […]

The Blockchain Intelligence Group caught this news report about the cyber crimes police unit at Benton County, Arkansas, and its efforts to pursue child pornographers and sex criminals. The police unit’s work runs closely to the kind of cybercrime work that we are carrying out. We commend Benton County’s efforts in targeting these criminals. However, […]

Image: Dreamstime   On October 23, after block 491406 was mined, the new Bitcoin Gold fork emerged in the Bitcoin network. Bitcoin Gold proclaims the following four principles: Decentralization – by adopting Equihash as its proof-of-work algorithm, it will enable home users to find blocks on the Bitcoin Gold network and thus decentralize the mining […]