The mystery surrounding Ethereum’s total ether supply may soon be clarified, as the blockchain’s creator, Vitalik Buterin, recently agreed to help orchestrate a coordinated audit of the total ether supply. Buterin agreed to the challenge during a recent appearance on the What Bitcoin Did podcast, in which he
by Cole PetersenA recent decision by a California appellate court has made the cliché saying “not your keys, not your bitcoin" case law, shining a spotlight on the importance of Bitcoin investors maintaining custody over their own coins. This decision came about as a result of a lawsuit against cryptocurrency exchange
by Cole PetersenThe newly released minutes from the Federal Open Market Committee’s July 28 and 29th meeting has sent shockwaves through the global financial markets, not stopping at Bitcoin’s price action. The overall tone of the meeting was grim, with committee members expressing concerns over how the ongoing pandemic may
by Cole PetersenConflicts within the Bitcoin Cash development community are resulting in another Bitcoin Cash “coin split” – that is, a segment of the Bitcoin Cash community will unilateraly deploy a hard fork upgrade to create a new forkcoin – striking a heavy blow to the already embattled altcoin. The Bitcoin Cash community is
by Cole PetersenAs Bitcoin garners adoption as both a means of payment and a store of value, users are growing increasingly keen on reducing the fees they have to pay to get their transactions confirmed. Segregated Witness (SegWit) and transaction batching, two technologies that help reduce Bitcoin transaction fees, are starting to
by Cole PetersenMultiple news outlets have recently run reports comparing the Lightning Network’s liquidity to that of Wrapped Bitcoin (WBTC), an ERC20 token representing bitcoin issued on the Ethereum blockchain. The amount of liquidity within WBTC has surged in recent times, seemingly outpacing that of the Lightning Network. This trend has
by Cole PetersenThe crypto community has been enthralled in recent days by recent developments regarding Ethereum’s total supply – which remains a mystery despite attempts from Ethereum developers and community members to clarify the confusion. Pseudonymous researcher “Datavetaren” is now noting that a flaw within the default network structure of Ethereum could
by Cole PetersenThe “Great Recession” in 2008 highlighted the dangers of a highly centralized financial system, igniting a global push towards decentralization that resulted in the creation of Bitcoin – a decentralized digital currency. Some critics, however, point to the concentration of hashpower amongst a select few mining pools as well as the
by Cole Petersen