Mercury Wallet Review: Bitcoin wallet with Layer 2 scaling and improved privacy | CryptoSlate

It is commonly believed that Bitcoin is one of the most private methods to send money and that payments are concealed somewhere in the blockchain. Mercury wallet makes use of the unspent transaction output model, which is the underlying item that establishes value and ownership in a cryptocurrency like Bitcoin. Statechains are cryptographic frameworks made […]

A looming global energy crisis could directly affect Bitcoin miners | CryptoSlate

The security of the Bitcoin network relies upon maintaining the hashrate, which is the sum total of the computing power assigned to mining for new blocks. Markets do not panic if the hashrate drops because there is an in-built safeguard in Bitcoin’s code called ‘difficulty.’ If the number of network participants drops, so does the […]

IMF raises concerns over the Central African Republic’s adoption of Bitcoin as legal tender

Despite being mineral-rich, especially in high-value commodities including diamonds and gold, the African nation is one of the world’s least developed countries. The author of Attack of the 50 Foot Blockchain, David Gerard, points out that the Central African Republic’s internet coverage is low, at 11% of the country. Samuel is a strong believer in […]

Was the CIA behind Bitcoin creator Satoshi Nakamoto’s ‘disappearance’? | CryptoSlate

Nonetheless, Andresen did express some apprehension about visiting, saying he’s worried the CIA will influence Bitcoin devs to do something they don’t want to. According to Forbes, Nakamoto emailed his fellow developers on April 26, 2011, to inform them he was moving on to other projects. Samuel is a strong believer in individual autonomy and […]

Report: Crypto millionaires flock to El Salvador to invest in the Bitcoin City project | CryptoSlate

Crypto millionaires have been queuing to visit El Salvador, the only country that has made Bitcoin legal tender thus far. At the time, he said the country would issue BTC bonds to finance the development of the city, which will sit at the base of the Conchagua stratovolcano. His plans for the city involve tapping […]

How Cardano’s Hydra scaling solution beats the Bitcoin Lightning Network | CryptoSlate

Fast forward to now, and it appears as though a final version will launch soon. Through isomorphic state channels, or heads, Cardano functions such as native assets, non-fungible tokens , and Plutus scripting are all available within each head. Speaking to Lex Fridman last year, Hoskinson described Hydra as a co-designed layer-2 solution for scaling. […]

Gold-backed digital assets outperform Bitcoin, Ethereum | CryptoSlate

Per the report, the assets have performed positively even as the general crypto market has witnessed losses. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. CryptoSlate is not accountable, directly or indirectly, for […]

Block, Blockstream and Tesla collaborate for green Bitcoin mining facility | CryptoSlate

Popular electric car maker, Tesla, made the crypto airwaves last year when it announced that it was purchasing $1.5 billion worth of the digital asset. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. […]

Bitcoin to be accepted by McDonald’s and Walmart via Lightning Network | CryptoSlate

During the presentation, a slide appeared listing some of the biggest retailers in America, including McDonald’s, Walmart, Home Depot, and Best Buy. We will have to wait for more details to understand exactly when and how some of these retailers will start accepting Bitcoin. Over the past few weeks, Robinhood, Kraken, and Bitpay have integrated […]