If you think that it’s at the mercy of its developers, or its users, you’re wrong, too. These sorts of polemic stances that accuse one group of having total authority over Bitcoin are all too common in casual conversations and established news sources alike. When we focus on the undue influences of a single faction of the Bitcoin community,…
As Bitcoin ranges in the $6,000-7,000 range and regains its market dominance, many altcoins are being pushed to their year-to-date lows which is resulting in an overwhelmingly bearish market sentiment. Due to the negative market sentiment, mainstream media outlets have been quick to liken the 2018 crypto crash to the dot-com bubble burst in 2000.…
Recent research suggests that there needs to be coordination between leading providers of cryptocurrency infrastructure products to protect against disruption caused by hard and soft forks. However, previous incidents of network upgrades have only strengthened bitcoin and efforts to govern the protocol raise questions over potential centralization. Do Leading Industry Participants Need to Attempt to…