Bitcoin

Lightning + NFC? The New Plan to Bring Bitcoin to Retail

Imagine a way to expand bitcoin payments to millions per second. Now, imagine a clunky, command-line interface. That’s the extent of the divide between the vision enabled by bitcoin’s best-yet scaling solution, the lightning network, and the current state of its design. But while that’s daunting, developers are moving ahead …

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TD Ameritrade Put An Actual Ad on the Bitcoin Blockchain

TD Ameritrade planted an ASCII flag – that is to say, imprinted an advertisement – on bitcoin’s blockchain earlier this month. The online broker announced that it sent 68 bitcoin transactions to create a digital flag with its logo on the bitcoin blockchain, in a post published this past weekend. …

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Cisco Claims New Patent Could Apply to Bitcoin Mining

Network tech giant Cisco won a patent on Tuesday that could be applied to the bitcoin mining process. Cisco submitted a patent application back in September 2015 for a “Crowd-sourced cloud computing” system, according to information from the U.S. Patent and Trademark Office (USPTO). The patent outlines how computer owners …

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Crypto Needs More Than Code to Beat the ASIC Mining Threat

Michael J. Casey is chairman of CoinDesk’s advisory board and a senior advisor of blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. Cryptocurrency advocates are constantly trying to convince non-experts of the advantages …

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One of Bitcoin’s Biggest Investments Might Finally Be Paying Off

Bitcoin appears to finally be making headway with one of its less-appreciated, but critical challenges: recruitment. Simply put, the number of developers contributing to the cryptocurrency’s open-source code is suddenly on the rise. Sure enough, there have been at least 21 code submissions approved from new contributors over the past …

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