Atomic Swaps Are Coming to BTCPay This Year, Says Nicolas Dorier [Interview]

Bitcoinist caught up with Nicolas Dorier, a developer of open-source and self-hosted Bitcoin payment processor alternative, BTCPay, who spoke about upcoming features such as atomic swaps, and making BitPay obsolete for businesses that don’t care about handling bitcoin.  ‘Nothing is Unsolvable in the Long Run’ Bitcoinist: In August 2017, you posted one of the most epic tweets aimed at BitPay calling out their lies and vowing to make the company obsolete. Can you reflect on

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Nick Szabo: Central Banks Might Switch From ‘Physically Vulnerable’ Gold to Bitcoin

Nick Szabo

Central Banks might resort to cryptocurrency reserves as means of supplementing national gold reserves according to veteran cryptographer Nick Szabo. He also holds that the use of digital currencies will rise in countries with distraught economies.  Cryptocurrency Over Gold Speaking at the Israel Bitcoin Summit at Tel Aviv University on January 8th, legendary cryptographer, Nick Szabo, said that national central banks might resort to cryptocurrency reserves as means of supplementing existing national gold reserves. “Bitcoin

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Daily On-Chain Bitcoin Transactions Hit Yearly High

Despite the prolonged bear market of 2018, the year has seen a steady increase in the number of confirmed Bitcoin transactions. They are currently at their highest point since mid-January 2018.  Real Adoption Regardless of the sharp decline in Bitcoin price in 2018, the cryptocurrency has seen a steady increase in the number of transactions throughout the entire year. Data from Blockchain.com shows that the number of confirmed Bitcoin transactions is currently higher than that on January

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Blockchain, IoT, and AI Push Global Semiconductor Sector Sales to Over $40 Billion

Blockchain, IoT, and AI Push Global Semiconductor Sector Sales to Over $40 Billion

Industries focusing on the Bitcoin’s blockchain technology, the Internet of Things (IoT), and artificial intelligence (AI) are fueling the semiconductor industry to the “highest ever monthly sales.” However, the US-China trade war is now instigating fear and volatility in the semiconductor industry. Semiconductor Industry Becoming the Fastest-Growing Industry in the Tech Sector Data compiled by World Semiconductor Trade Statistics (WSTS) shows that global sales of semiconductors were $40.1 billion in August 2018, representing an increase

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John Newbery: I’m Responsible For ‘Worst Bitcoin Bug Since 2010’

Bitcoin Core developers have decried infighting between Bitcoin (BTC) and Bitcoin Cash (BCH) supporters after John Newbery claimed responsibility for last week’s CVE-2018-17144 network bug. ‘Embarrassed And Sorry’ In comments on Twitter September 23, Newbery, who is tasked with checking the Bitcoin codebase, said it was because of him that the bug had gone unnoticed. As Bitcoinist reported, the incident occurred last week, with Core developers urging the entire network to upgrade to a patched

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‘Very Scary’: Bitcoin Core Developers Confirm Duplicate Transaction Bug Fix

Bitcoin Core

Bitcoin developers released a new version of the Bitcoin Core client September 18 after fixing a “very scary” bug which could have seen a malicious party take many nodes offline. Upgrade ‘As Soon As Possible’ In release notes for Bitcoin Core version 0.16.3, Wladimir van der Laan confirmed the vulnerability, known as CVE-2018-17144, had received an effective patch. The Bitcoin Core client remains the most popular comprising over 94% of all Bitcoin software implementations today.  “A

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Smart Contracts Becoming an Essential Tool for Business

Smart contracts are becoming an important part of conducting business. In the global payroll space, the technology can rid companies of redundant bureaucracy.  The world of business is increasingly global, but some borders persist. Laws, directives and ways to enforce them change from country to country, rendering international business unnecessarily complicated. This complication translates into a waste of many work hours. Those hours are spent trying to comply to the different legislation and make sure

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Blockchaineum 2.0 Conference Unveils Agenda & Speakers

The full agenda and speakers have been revealed for Blockchaineum 2.0 conference that will be held on May 23 in Budapest, Hungary. Biggest Blockchain Event in Central Europe Blockchaineum 2.0 is the largest dedicated Blockchain event in central Europe that will be held on May 23rd in Budapest, Hungary. Powered by sponsors Bitcoinist, Exolite and Shinrai, the event will focus on solutions from leading national and international players of the blockchain industry through innovative projects while

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