Blog Archives

A smart device from PayPal That Accepts Cryptocurrencies?

Posted on 17th June, 2016

Difficulty in the use of Bitcoin and Satoshi as legal tender in day-to-day transaction has long been cited as one of the chief obstacles to its wider use by non-payment industry sophisticates. The apparent intention of online and mobile payment enabler PayPal to provide a solution to this problem is here. The international payments processor […]

We can forget about Satoshi Nakamoto ?

Posted on 6th May, 2016

Craig Steven Wright went public with the claim that he was the mysterious Satoshi Nakamoto, the pseudonymous creator of bitcoin.  His admission follows years of speculation about who came up with the original ideas underlying the digital cash system. Mr Wright has provided technical proof to back up his claim using coins known to be […]

Should “milibit” or “microbit” be the new bitcoin standard unit?

Posted on 14th March, 2014

For many people, the biggest disincentive to experiment with bitcoin isn’t the volatility, it’s the price. Or rather, the perceived price. At $630, where bitcoin has been hovering most of this week, buying a single bitcoin is $100 more expensive than buying a share in Apple ($530). While experienced bitcoiners know that BTC can be […]

Suspicious SPAM: The 1 Satoshi Mystery

Posted on 16th February, 2014

While the transaction malleability bug, DDoS attacks and massive problems at Mt.Gox have snagged many headlines this week, another mystery has been on the minds of Bitcoin experts: What’s with the flood of 1 Satoshi (0.00000001BTC) transactions being sent to random wallets? Bryan Chaffin at The Mac Observer takes a look at the situation, and […]