Lightning network is to Bitcoin what bank notes were to gold
Bank notes made gold much more usable and portable. It looks like Lightning will do the same for Bitcoin, while keeping it’s core properties intact.
[Link] ICO or IKO
Wrote another article for the Reflex Capital blog: ICO or IKO about why I think ICOs make little to zero sense.
Czech version is also available, as usual.
Anatomy of a 51 % double-spend attack
Maybe you’ve heard about the recent attack on Bitcoin Gold exchanges, where the attackers stole some BTG using a form of double-spend attack.
Dumping Bitcoin Forks: The Others
This article closes the series about dumping Bitcoin forks, which started with this post. In the previous instalments we introduced various ways how to claim and dump them. The most valuable forks were described in more detail. This article will sum up all the other forks I claimed and dumped, since they do not deserve their own full post.
Dumping Bitcoin forks: BitcoinX
It becomes increasingly difficult to write something about particular fork, as they are getting indistinguishable. This time, we’ll dump BitcoinX (BCX). So in this article I will focus more on yet another method of claiming, which is mildly interesting, without commission and can be used for many forks.
Dumping Bitcoin forks: Bitcore
If the ways I dumped Bitcoin Cash, Gold, Diamond and Super were too boring for you (they were, indeed), this time we’ll get our hands a bit more dirty. If you follow this story, you will become richer. That is, richer with knowledge, because there is not much to be made off dumping Bitcore (BTX).
Dumping Bitcoin forks: Bitcoin Diamond and Super Bitcoin
Getting into more obscure forks (but believe me, there are many more to come), I decided to do a double take, because I got rid of these two the exactly same way. The previous cases were both 1:1 forks, meaning you got one unit for one BTC. This time we’ll see first case of unit change, which I think is a clever trick, to be honest.
Dumping Bitcoin forks: Bitcoin Gold
The second most prominent Bitcoin fork was created about three months after Bitcoin Cash, which I wrote about in previous part of this series. If BCash wanted to solve the capacity problem by increasing block size, Bitcoin Gold (BTG) tried to “democratize” mining. The financial interests of their creators might also have played a tiny bit of a role in creating them, I suspect.
Dumping Bitcoin forks: Bitcoin Cash
Bitcoin Cash or BCash (BCH) was the first prominent fork, which started all the later craze by it’s relative success. If you are going to claim just one fork this should probably be it. Contrary to common sense, at the time of writing this article, it’s valued at about 15% of Bitcoin value.
Dumping Bitcoin forks: Tales from the cryptocurrency underground
Bitcoin can be forked. It’s almost a magical process, doing a fork. Money, raining from the skies. You will realize how magical it seems, once you try to explain how the fork works to someone not familiar with cryptocurrencies and blockchain in general.
