One Block Team

Editorial
Quantum Computing ‘Poses No Realistic Threat’ To Bitcoin: Research

Popular fears about the continued rise of quantum computing and its security implications for blockchain technology are misguided and blown out of proportion. This is the professional opinion of Jeffrey Tucker, Editorial Director at the American Institute of Economic Research. Tucker is of the view that the fear of quantum computing as an existential... Read More

One Block Team

Editorial
What is the Lightning Network?

Hailed as one of the most potent solutions to cryptocurrency scaling currently under development, the lightning network effectively creates a layer on top of bitcoin, enabling fast and cheap transactions which can net settle to the bitcoin blockchain. Proposed by Thaddeus Dryja and Joseph Poon in a 2015 white paper, the... Read More

One Block Team

News
A New Twist On Lightning Tech Could Be Coming Soon to Bitcoin

Bitcoin’s lightning network may be just starting to send transactions over the blockchain, but already its developers are looking to rearchitect the technology. That’s because, while touted as a way to significantly boost bitcoin’s capacity, the network itself does require users to store a significant amount of data, which makes it... Read More

One Block Team

Editorial
Amid Chaos, Our Decentralized Future Is Being Built

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor of blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in Consensus Magazine, distributed to attendees of Consensus 2018. If, during CoinDesk’s Consensus conference in May 2017, I’d predicted the crypto and blockchain... Read More

One Block Team

News
US: Seminole County Florida To Accept Crypto For Tax Payment

The Seminole County, Florida, tax collector Joel M. Greenberg announced May 14 that the county will begin accepting cryptocurrency for payment for various services this summer in order to eliminate heavy fees and improve payment accuracy and efficiency. According to a press release, the county will begin accepting Bitcoin (BTC) and Bitcoin Cash (BCH) to pay for services,... Read More

One Block Team

News
The 17 Millionth Bitcoin Is About to Be Mined: What It Means and Why It Matters

Bitcoin’s limited supply is about to get a bit more limited. Barring an unforeseen event, the 17 millionth bitcoin is likely to be mined in the coming day, data from Blockchain.info shows, a development that would mark yet another milestone for the world’s first cryptocurrency. That’s because as per bitcoin’s... Read More

One Block Team

News
Lightning + NFC? The New Plan to Bring Bitcoin to Retail

Imagine a way to expand bitcoin payments to millions per second. Now, imagine a clunky, command-line interface. That’s the extent of the divide between the vision enabled by bitcoin’s best-yet scaling solution, the lightning network, and the current state of its design. But while that’s daunting, developers are moving ahead... Read More

One Block Team

News
Bitcoin Thief Could Be Caned for $300K Robbery in Singapore

Two bitcoin brokers in Singapore were reportedly assaulted and robbed of nearly $300,000 in cash during an in-person meeting with a prospective seller. According to an announcement from the Singapore Police Force Thursday, the incident happened on April 8. Following a report to the police, a suspect was later identified... Read More

One Block Team

News
$3 Million Bitcoin Heist Reported by India’s Coinsecure

One of India’s biggest cryptocurrency trading platforms has lost about 438 Bitcoins worth some 190 million rupees ($3 million), allegedly due to a rogue employee. An official at Delhi-based Coinsecure was extracting Bitcoin to distribute to customers and he claims the funds were lost in the process, parent company Secure... Read More