Monthly Archives: February 2020

This is a sponsored article provided by Unchained Capital. Unchained Capital is building the archetype of the future financial institution, form fit for the world of bitcoin. It leverages the strengths of the Bitcoin protocol to offer bitcoin-native financial services, championing the importance of private keys, the benefits of multisignature security and the value a…

CoinJoin. Trustless mixing. Anonymity. Bitcoin Magazine’s September 2013 cover — all black with hints of golden fingerprints — needed only four words to announce a powerful new privacy tool. At a time when industry representatives like the Bitcoin Foundation were downplaying Bitcoin’s anonymity features, regulators in New York were developing the BitLicense and Silk Road…

Bitcoin has a media problem. Or, perhaps, the media has a Bitcoin problem.  Mainstream media has often framed Bitcoin with the same scandalous curiosity that may publicize a troubled former child star or a controversial tech startup. Most journalists have viewed it as a sideshow, a distraction that warrants only so much attention lest it…

There are some misconceptions about how frequently Bitcoin is being used in Venezuela and the problems it can solve there.  In issue number 18 of Bitcoin Magazine, published in January 2014, Cathy Reisenwitz wrote one of, if not the, first accounts arguing why Venezuelans could benefit from Bitcoin — an article titled “Grounded Venezuelans May…

A new German law requires every entity that holds private keys for others (e.g., bitcoin exchanges and/or bitcoin custodians) and that actively addresses the German market must become licensed as early as January 1, 2020. And to address the most common misconception right at the beginning: No, it absolutely not matter where your company is…

The first Lightning Network “torch relay” debuted on January 19, 2019, to spread adoption of second-layer Bitcoin payment protocol. When it concluded in April 2019, it boasted 278 participants and 56 countries visited. One year later, Hodlonaut, the person behind the torch inception started the relay again, on January 19, 2020. After a few days,…

Crypto likes to see itself as disruptive, just as Apple disrupted mobile phones (and the camera), Tesla disrupted automotive (and also sustainable energy), Twitter/Facebook/WhatsApp disrupted media and communications (and also digital community building). At OKCoin, we embrace this industry because we also believe that bitcoin and subsequent cryptocurrencies represent a paradigm shift in both our…

Bitcoin Core and other open-source projects have, over the years, built a range of technologies to improve Bitcoin scaling and the general Bitcoin user experience. With examples including Segregated Witness (SegWit), Replace-By-Fee and the Lightning Network, Bitcoin users have a number of tools at their disposal to utilize the Bitcoin blockchain as best and efficiently…

Open-source development has always enjoyed a little juice from the private sector. One of the most notable examples is Red Hat Software, a multibillion dollar corporation that has built open-source software for the international community. It was purchased by IBM in 2019 but still carries out its original function. Microsoft is another example of a…