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Cole Petersen

Cole is a journalist who has been covering the crypto market since 2017. His interest in Bitcoin was first sparked in 2013 and has only grown since.

Number of Articles 9
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Cole Petersen's Work 9 Articles
News   -   Aug 26, 2020 Bitcoin Supply to See “Synchronized Audit" as Vitalik Buterin Agrees to Check Ethereum Supply
Bitcoin Supply to See “Synchronized Audit" as Vitalik Buterin Agrees to Check Ethereum Supply

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 Petersen
News   -   Aug 25, 2020 This Court Ruling Just Made “Not Your Keys, Not Your Bitcoin" Case Law
This Court Ruling Just Made “Not Your Keys, Not Your Bitcoin" Case Law

A 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 Petersen
News   -   Aug 21, 2020 U.S. Dollar Rises as Fed Keeps Interest Rates Low; Places Pressure on Bitcoin
U.S. Dollar Rises as Fed Keeps Interest Rates Low; Places Pressure on Bitcoin

The 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 Petersen
News   -   Aug 19, 2020 Bitcoin Cash to "Split" Due to Controversial Miner "Tax" Proposal
Bitcoin Cash to "Split" Due to Controversial Miner "Tax" Proposal

Conflicts 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 Petersen
News   -   Aug 15, 2020 Research: Users Could Have Saved 58,000 Bitcoin via Batching and SegWit Adoption
Research: Users Could Have Saved 58,000 Bitcoin via Batching and SegWit Adoption

As 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 Petersen
News   -   Aug 13, 2020 No, Wrapped Bitcoin Is Not a Competitor to the Lightning Network; Here’s Why
No, Wrapped Bitcoin Is Not a Competitor to the Lightning Network; Here’s Why

Multiple 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 Petersen
News   -   Aug 12, 2020 Researcher: Ethereum Network’s Reliance on "Fast" Sync Could Expose a Major Security Flaw
Researcher: Ethereum Network’s Reliance on "Fast" Sync Could Expose a Major Security Flaw

The 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 Petersen
News   -   Aug 11, 2020 Why Claims of Bitcoin Being Plagued by "False-Decentralization" Miss the Mark
Why Claims of Bitcoin Being Plagued by "False-Decentralization" Miss the Mark

The “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
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