Bitcoin’s New Scaling ‘Agreement’: The Reaction

Bitcoin’s New Scaling ‘Agreement’: The Reaction   A meeting of bitcoin startup executives and miners held this weekend has resulted in the publication of a new proposal for how the open-source project should be upgraded to support additional transaction capacity. Detailed in a Medium post published by investment firm Digital Currency Group today, the proposal…

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Coinbase Suffers Outages Amid Bitcoin Surge

Coinbase Suffers Outages Amid Bitcoin Surge May 25, 2017 (Reuters) – Coinbase said on Thursday it suffered outages this week as the bitcoin exchange saw “unprecedented traffic and trading,” with the digital currency hitting record levels. Bitcoin fell as much as 6.5 percent to $2,263.72 at around 1730 GMT on Thursday, but rebounded shortly after…

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Blockchain Could Move Self-Driving Cars Into the Fast Lane

Blockchain Could Move Self-Driving Cars Into the Fast Lane   A future with autonomous vehicles is fast approaching – and with it, the idea that blockchain could connect automobiles and other Internet-of-Things (IoT) devices is getting its fair share of attention. Even though smart houses (where doors, thermostats and appliances are connected to the internet for added functionality) may have seemed more…

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DCG’s Bitcoin Scaling Proposal and What it Needs to Succeed

DCG’s Bitcoin Scaling Proposal and What it Needs to Succeed Spearheaded by Barry Silbert’s Digital Currency Group (DCG), over 50 companies signed and published on Medium a “Bitcoin Scaling Agreement” this week. The agreement intends to put an end to Bitcoin’s long-lasting scaling debate. But whether it actually will is a different question. Here’s what…

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