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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.

What Is Blockchain Technology ?

You may have come across the term blockchain technology before. This most likely would have been in reference to Bitcoin or other cryptocurrency. If...

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 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...

Understanding Web 3 — A User Controlled Internet

Coinbase breaks down the motivation and technology behind the development of Web 3 This 3-part post focuses on the why, what and how of the latest...

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...

Lightning’s First Implementation Is Now in Beta

Today, March 15, Lightning Labs announced lnd 0.4-beta, the first beta release of the Lightning software implementation spearheaded by the development company. This makes lnd the first...

Bitcoin Legal Experts: nChain SegWit Criticisms Are Flawed

An effort by stealth bitcoin startup nChain to raise awareness of supposed issues with code that would boost the capacity of the distributed payments...

Bitcoin’s Lightning Network Eltoo Protocol Explained

Lightning-Bitcoin’s second layer scaling solution is growing at the rate of Dog years. And why not also when it is easier to...

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...

Risk of SegWit – Mining Cartels

The bitcoin community continues to debate Segregated Witness, the Bitcoin Core development team’s proposed scaling solution which would separate signature data (witnesses) from transaction...
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