Bitcoin and Ethereum vs Visa and PayPal – Transactions per second

Bitcoin and Ethereum vs Visa and PayPal – Transactions per second One of the big debates happening in the Bitcoin community is over the specification of block sizes, which limits the maximum number of transactions that may be processed per second. Luno, a Bitcoin exchange and wallet provider, recently explained that transacting in Bitcoin has…

European Commission Backs Blockchain Pilot With €500k Budget

European Commission Backs Blockchain Pilot With €500k Budget The European Union’s executive branch is establishing an “observatory” focused on blockchain as part of a wider pilot project. Unveiled earlier this week, the initiative, according to the European Commission, seeks to to “gather opinions and to voice concerns around Blockchain and DLT”. The Commission plans to solicit…

From Here To Where? Bitcoin And The Future Of Cryptocurrency

From Here To Where? Bitcoin And The Future Of Cryptocurrency There’s a number of reasons why cryptocurrencies are so inherently popular. They are safe, anonymous and utterly decentralized. Unlike conventional currency, they are not controlled or regulated by some singular authority, their flow is determined entirely by market demand. They are also nigh impossible to…

A New Tool Might Finally Make Banks Comfortable With Bitcoin

A New Tool Might Finally Make Banks Comfortable With Bitcoin   Bitcoin intelligence provider Elliptic is rolling out a program with California-based Silvergate Bank to analyze and screen possible nefarious activity on the bitcoin blockchain. The effort is focused on helping banks assess future bitcoin-based business clients. For banks, often the associated risks are deemed higher than the…