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  • Key Bitcoin Network Health Metric Dip 50% From May Peak Following China’s Crypto Crackdown | Currency News | Financial and business news

Key Bitcoin Network Health Metric Dip 50% From May Peak Following China’s Crypto Crackdown | Currency News | Financial and business news

Bitcoin mining computer servers are seen in the Bitminer factory in Florence Alessandro Bianchi / Reuters Bitcoin’s hash rate has fallen 50% from its peak in May, according to data…

New Bitcoin Network Privacy Update Approved, ‘Taproot’ Upgrade Will Improve Digital Signatures, Clear The Way For Smart Contracts

Bitcoin’s first privacy update in four years brings changes that are widely popular among the user base. The “Taproot” update, scheduled for November, changes the digital signature algorithm that underlies…

Bitcoin Network Approves Privacy Update As Review Rises

Bitcoin is gaining more privacy features as concern grows over cryptocurrency usage during a recent wave of ransomware attacks. The biggest update in four years to the computer software behind…

Bitcoin: Network hash rate drops after China warns Xinjiang against mining

The price of Bitcoin has been going through a volatile phase lately, making the cryptoasset extremely sensitive to all kinds of developments. Previously, the reshuffle of the Chinese crypto-ban had…

What is proof of work? How the Bitcoin network is maintained

In short Proof of work is the consensus algorithm that secures the decentralized Bitcoin blockchain network. Bitcoin miners attempt to solve complex mathematical equations with the energy consuming process, all…

Taproot Lock-in Achieved – Bitcoin Network Set To Activate Biggest Upgrade In Four Years – Bitcoin News

The “Speedy Trial” lockout period for Bitcoin Taproot network upgrade is now over. Data from taproot.watch details that the lockdown was completed and was locked at a block height of…

Bitcoin Network Gets Unprecedented Stress Test, Still No Buy Signal

The price action of Bitcoin is of most concern to everyone, however, the health of the network underlying the asset can have a dramatic impact on price action, as the…

Bitcoin Network Security Concerns Raised As FBI Gets Access To Wallet Passwords, BTC Holds 10%

While the FBI manages to seize the ransom amount from hacking group Darkside is good news, it has simultaneously raised concerns about the security of the Bitcoin (BTC) network. On…