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Blockchain Tec

With a blockchain, many people can write entries into a record of information, and a community of users can control how the record of information is amended and updated.

SegWit transaction capacity increase compared to Bitcoin Cash

Abstract: In September 2017, we wrote a piece on the SegWit capacity increase. Here, we provide an update on SegWit adoption with six more months of transaction...

What is Blockchain Technology?

"The practical consequence for the first time, a way for one Internet user to transfer a unique piece of digital property to another...

What is the Difference Between a Blockchain and a Database?

As stated in our guide "What is Blockchain Technology?", the difference between a traditional database and a blockchain begins with architecture, or how the technologies...

Lightning Network Centralization Leads to Economic Censorship

A few months ago, I wrote an article called “Mathematical Proof That the Lightning Network Cannot Be a Decentralized Bitcoin Scaling Solution”. It received quite a bit of...

Top Ten Crypto Websites

The internet is full of crypto sites. The moment you type ‘crypto’ into any search engine, hundreds, if not thousands of crypto sites show...

Stellar Gears Up to Implement Lightning Network

Last week, on March 15, 2018, Lightning Labs unveiled their beta for the Lightning Network in a flash of media attention and enthusiasm. The Lightning Network has been...

A Beginner’s Guide To Bitcoin & Blockchain Technology

Interested in knowing about BITCOIN? Then you are at right place, Bitcoinfy.net provides vivid information about Cryptocurrencies and Bitcoin in detail. ARE YOU A BEGINNER? Bitcoinfy.net vindicates brief...

Why Use a Blockchain?

As the implications of the invention of have become understood, a certain hype has sprung up around blockchain technology. This is, perhaps, because it is...

Mathematical Proof That the Lightning Network Cannot Be a Decentralized Bitcoin Scaling Solution

Have you heard of the Bitcoin Lightning Network? It is a proposal that claims that: “using a network of these micropayment channels, Bitcoin can scale to...

Stablecoins: What you need to know

Stablecoins have been around for a long time since the advent of BitShares back in 2014. They’ve gotten more popular with the utilization of...
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