Bitcoin is an open ecosystem, and open protocol, meant to free people and their money.
Coinbase, the largest Bitcoin exchange, just gave Bitcoin's openness a giant middle finger by banning Gab, the free speech social network, from their platform.
Bitcoin is supposed to be anti-censorship. But it can't be that if the on-ramps into Bitcoin are controlled by biased gatekeepers who ban people they don't like.
And worse yet, they're setting a precedent that other bitcoin businesses may follow. How long until you get banned?
If you agree this is a dangerous precedent to set, contact @coinbase on Twitter and let them know won't be using them unless they reinstate Gab's account.
submitted by /u/Ginger322
Bitcoin – The Currency of the Internet
When it comes to measuring the speed of new blockchains, the comparison is always with Visa. Despite not being a blockchain, the 24,000 transactions per second Visa reportedly handles have attained mythical status. That figure is unquestioningly trotted out whenever scaling is discussed. In reality, claims of Visa’s throughput, as well as those of emerging blockchains, have been greatly exaggerated.
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There’s been a lot of skepticism aimed at the company Halong Mining and its machine the Dragonmint T1. The firm announced in November of 2017 that it would be distributing its Dragonmint devices in 2018 and stated its miners would be the most efficient machines on the market. So far, after all the controversy, some Dragonmint miners have been delivered and reviews show the machines do produce close to 16 terrahash per second during operation — but the rigs are not even close…