Ethereum Co-Founder Vitalik Buterin Discusses Bitcoin’s Long-Term Security

On September 1, Vitalik Buterin conducted an interview with the economics author Noah Smith and the co-founder of Ethereum spoke an awful lot about Bitcoin and the network’s long-term security. Buterin also discussed the crypto economy’s crash and said he was “surprised that the crash did not happen earlier.” Buterin: Bitcoin Is ‘Not Succeeding at Getting the Level of Fee Revenue Required to Secure What Could Be a Multi-Trillion-Dollar System’ Ethereum’s co-founder Vitalik Buterin recently did an interview with the economics author Noah Smith and Buterin had a lot to…

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Desperate LUNA Investor Arrested, New Terra Network Announced, Davos Blockchain Talk, and More — Bitcoin.com News Week in Review

From a desperate investor’s ill-advised visit to Terra co-founder Do Kwon’s house resulting in an arrest, the announcement of a new Terra network, and blockchain talk at Davos, to predictions of U.S. economic collapse if inflation isn’t reigned in quickly, there’s no shortage of action-packed crypto stories this past week. Without further ado, this is the Bitcoin.com News Week in Review. LUNA Investor Arrested for Knocking on Do Kwon’s Door After Losing $2.4 Million in Terra Crash A crypto investor has been arrested after knocking on Do Kwon’s door following…

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‘Bitcoin makes no sense for blockchain developers,’ says 1inch Network co-founder

[ad_1] Anton Bukov, the co-founder of 1inch Network, thinks that Ethereum will likely become the main settlement layer for a multi-chain decentralized finance (DeFi) ecosystem.  “There is like a high chance that most of the chains will try to commit their states to Ethereum as a higher layer,” Bukov said in an exclusive interview with Cointelegraph. Bukov, who is number 39 in Cointelegraph’s Top 100 list for 2022, acknowledges that to achieve that, Ethereum needs to solve the scalability issues that limit its transaction output. DISCOVER COINTELEGRAPH’S TOP 100 IN…

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JPMorgan unveils research on quantum resistant blockchain network

[ad_1] U.S. banking giant JPMorgan Chase has unveiled research on a Quantum Key Distribution (QKD) blockchain network that is resistant to quantum computing attacks. QKD utilizes quantum mechanics and cryptography to enable two parties to exchange secure data and detect and defend against third parties that are attempting to eavesdrop on the exchange. The technology is seen as a viable defense against potential blockchain hacks that could be conducted by quantum computers in the future. According to a Feb.17 announcement, JPMorgan collaborated with Toshiba and Ciena to deploy and test…

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18.36M Ethereum addresses joined the network in 2021

[ad_1] New data reveals that the Ethereum network gained 18.36 million addresses with a balance greater than zero in 2021. That works out to an astonishing growth rate of 1.53 million new addresses per month, but competition is becoming increasingly fierce for market share. Blockchain intelligence firm IntoTheBlock shared its findings about Ethereum in a Feb. 15 tweet. #Ethereum users growth in a nutshell A good way to track the adoption is by following the number of addresses with a balance – There are 70.4m addresses holding $ETH– Just in…

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Is The Bitcoin Lightning Network Centralized?

[ad_1] Bitcoin custody provider Casa held its annual Keyfest conference this month, and with it came many conversations around Bitcoin privacy, security and the Lightning Network. And one very important question was raised in the Q&A portion of the first session of the second day, “Lightning Network And Privacy,” hosted by Casa’s Andrew Yang, Impervious Developer Anthony Ronning, Surebit Software Engineer Nadav Kohen and Blockstream Lightning Protocol Developer Lisa Neigut: “Is the Lightning Network centralized?” This is a very important question for a plethora of reasons, but one massive reason…

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A healthy sign for the network

[ad_1] Considering that Bitcoin (BTC) is a blockchain network that uses a proof-of-work (PoW) consensus mechanism, miners are a highly significant part of the market dynamics of the network and the community itself. On Jan. 5, it was revealed that Kazakhstan shut down its internet services due to unprecedented political unrest sparked by rising fuel prices in the country. The protests in Kazakhstan began on Jan. 2 in the town of Zhanaozen to fight against the government doubling the price of liquefied petroleum gas (LPG), which is widely used as…

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Great Reset Triggers Bitcoin Network Upgrade

[ad_1] The COVID-19 crisis that has devastated the economy brought radical change to our social and political landscape. From Austria’s lockdown against the entire citizenry and forced injection, to mandatory quarantine camps in Australia, in an effort to manage the pandemic, the governments of many countries have become authoritarian. In the past 19 months, as the world has been brought to a standstill through border and travel restrictions, the global leaders launched the Great Reset to restructure our economy. With slogans like “creating a more fair and greener future,” the…

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6 Questions for David Chaum of XX Network – Cointelegraph Magazine

[ad_1] We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes!   This week, our 6 Questions go to David Chaum, one of the earliest blockchain researchers and a world-renowned cryptographer and privacy advocate. He is the founder of Elixxir, Praxxis and the XX network, which encompass his decades of research and contributions in the field of cryptography and privacy. David Chaum is the creator and founder of XX network,…

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The Bitcoin Lightning Network Is Creating Efficiency For Traders

[ad_1] The below is a direct excerpt of Marty’s Bent Issue #1130: “The Lightning Network is creating efficiency for traders.” Sign up for the newsletter here. via Kollider Here’s a great blog post from the team behind Kollider, an exchange that allows traders to trade bitcoin using leverage. In it, they dive into the typical needs and workflow of margin traders who have positions on multiple exchanges at the same time, how they operate natively with on-chain bitcoin transactions and how using the Lightning Network changes those operations and makes…

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