Monthly Archives: November 2018

Online wallet

Web-based wallets store the private keys online on a server managed by an external party. A major advantage of online wallets is their availability. All that is required is Internet access on a mobile device. A disadvantage of online wallets, on the other hand, is that the keys are managed by external companies. Accordingly, the […]

The properties of the main blockchain

With the start of the main blockchain the following characteristics are offered: 5,000 BLOCK are required to provide a service node (this will not be changeable without a formal proposal) Support for Bitcoin protocol OP_CHECKLOCKTIMEVERIFY (BIP65) Support for the Service Node voting system, which controls development fund management, network and protocol changes. Adaptation of functions […]

Bitcoin Outlook: The network is growing despite falling prices

CoinDesk has published a new quarterly report on Bitcoin’s development in 2014 and an outlook for 2015. The report includes an in-depth analysis of 2014 and gives insight into what we can expect in the new year. The year 2014 can be characterized as the “story of Bitcoin profit” On the one hand, there have […]

Lightning Test gets scaling from Bitcoin within striking distance

The Lightning Network method, considered to be the best solution for scaling Bitcoin, provides a way to perform most Bitcoin transactions outside the Bitcoin blockchain. This would significantly reduce the load on the network. However, since there are only a few tests available for this relatively new method so far, a lot has to be […]