Bitcoin is currently back at transaction levels of last year. After the dip of TXs alongside the price, it has been a steady increase throughout 2018. Value is exchanging hands. While price is consolidating, activity is growing fast. This is divergence.

Bitcoin is currently back at transaction levels of last year. After the dip of TXs alongside the price, it has been a steady increase throughout 2018. Value is exchanging hands. While price is consolidating, activity is growing fast. This is divergence. submitted by /u/Smilinmong
[link] [comments]

Bitcoin – The Currency of the Internet

1775 nodes out of 9616 (18.5%) are currently on version 0.16.3. Upgrade ASAP to avoid possible chainsplit!

Source: https://coin.dance/nodes#nodeVersions

Especially nodes running versions between 0.15 and 16.2 need to upgrade as soon as possible. A bug could be exploited to create an invalid block that gets nonetheless validated by these older versions. This makes a chainsplit a theoretical possibility.

A full resync with the latest software (0.16.3) showed that the bug has not yet been exploited. It probably won't happen as it isn't in the interest of the ecosystem, nor is it easy to excecute. But that's no excuse. Upgrade asap!

More info in the sticky: https://www.reddit.com/r/Bitcoin/comments/9hkoo6/new_info_escalates_importance_upgrading_to_0163/

and here: https://bitcoincore.org/en/2018/09/20/notice/

submitted by /u/Zyntra
[link] [comments]
Bitcoin – The Currency of the Internet

From 1993 to 2009 Bill Gates invested $1B+ into Encarta the online encyclopedia but was eventually crushed by Wikipedia. This should be a lesson for financial institutions trying to understand Bitcoin. Currently BTC is where Wikipedia was in the early 2000`s. Watch out banks.

submitted by /u/Bitcoin_21
[link] [comments]
Bitcoin – The Currency of the Internet

Exactly 5 years ago Wired wrote “The world’s most popular digital currency really is nothing more than an abstraction. So we’re destroying the private key used by our Bitcon wallet.” The loss is currently worth $124,453.58

Exactly 5 years ago Wired wrote "The world’s most popular digital currency really is nothing more than an abstraction. So we’re destroying the private key used by our Bitcon wallet." The loss is currently worth $  124,453.58 submitted by /u/edlund10
[link] [comments]

Bitcoin – The Currency of the Internet