Leading Bitcoin Cash Developer Says Future Fork Unlikely
Cryptocurrency forks may slow down in the future, as argued by leaders of several crypto hard fork projects at the CoinDesk Consensus Singapore event.
Bitcoin Gold is the result of a hard fork of Bitcoin on October 24th 2017 with the intention to reform the mining process to reduce centralization of large businesses by changing the mining algorithm. The end result reduces the advantage of large holders of capital and specialized technology (specifically ASICs) in favor of smaller miners and common technology (standard GPUs). Bitcoin Gold’s currency took on the ticker of BTG. In 2019 Bitcoin Gold will be working on enabling private transactions.Blockchain 101
The price of bitcoin broke above $9,000 on a bullish run at 9:00 UTC (4:00 a.m. EST).
It is profitable for exchanges to list low market-cap coins, despite the potential for 51 percent attacks, say two VCs from Dragonfly Capital.
Bitcoin’s return above the $9,000 mark may have been driven by some of the same forces causing a rally in bonds – a desire for respite from a coronavirus-plagued markets.
Today's daily podcast features trouble at TRON and an attack on Bitcoin Gold. It's CoinDesk's Crypto News Roundup.
The two attacks last Thursday saw over $87,000 in the cryptocurrency double spent.