Bitcoin Classic news
Was the first reply to the Bitcoin White Paper Satoshi himself? In-depth theory
Ever since Satoshi Natamoto, the anonymous inventor of Bitcoin, disappeared in 2011 there has been no shortage of theories about his identity. Hal Finney, Dorian Satoshi Nakamoto, Nick Szabo and Craig Wright have all be cited as possible contenders (even if CSW is the main person pushing that last theory.) Now, after months of research Quantum Economics’ Director of Gamefi Research Gerald Votta thinks that he has found the answer to Satoshi’s true identity — Canadian cryptographer James A. Donald. In a new research article piece on Nov. 17 Votta outlined intriguing circumstantial evidence he believes proves the link. Donald …
Bitcoin / Nov. 18, 2021
Bitcoin Block Size, Explained
Why did Bitcoin fork and split? The inability of the community to find consensus regarding a proposal to increase the block size resulted in a user-activated hard fork of the Bitcoin blockchain in August 2017. While numerous proposals advocating a change to the block size limit had failed to gather the support required to manifest change, transaction fees had skyrocketed by mid-2017. During August 2015, the average BTC transaction fee was just $0.50. However, by June 2017, median fees had increased 10x to approximate $5. With nearly half of the world’s population living on less than $5.50 per day, high …
Blockchain / July 24, 2019