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Fork Wars: SWAT Team Targets BitGo’s Lopp in Suspected Bitcoin Troll

BitGo engineer Jameson Lopp reportedly received a visit from a police SWAT team, after the Bitcoin capacity debate turned personal.In statements on Twitter, Lopp, who is well-known for his critical stance on Bitcoin forks, said a “fake hostage situation” led “dozens of cops with rifles” to his home Monday.While it is unknown what specifically sparked the escalation, Lopp immediately receiv

Preparing for the Bitcoin Hard Forks: A Step-by-Step Walkthrough

Technology At the moment there are two forks planned for the Bitcoin network, and cryptocurrency proponents are curious about taking the best preparations. One fork is called Bitcoin Gold which is scheduled for October 25, while the other hard fork Segwit2x (BTC1) will take place roughly around mid-November or block height 494784.Also read:Putin Tell

Jimmy Song: Cryptocurrencies Like Bitcoin Demonstrate Real Value of Developers

Jimmy Song, a prominent Bitcoin developer and the principal architect behind Paxos, has recently stated that cryptocurrencies like Bitcoin demonstrate the real value of developers and developer activity.Earlier this year, Ivey Business School professor JP Vergne revealed in a study that the best indicator and predictor of the exchange rate of cryptocurrencies is the amount of developer activity ar

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Bitcoin Price Continues to Rise, Demonstrating Resilience as Core Developer Explains

Throughout the past week, the Bitcoin price has surged from around $4,500 to $5,920, demonstrating a $1,420 increase in value within a relatively short period of time. Since October 14, the price of Bitcoin has endured a minor correction, declining from $5,920 to $5,500. But, Bitcoin Core developer Eric Lombrozo emphasized the resilience of Bitcoin towards various external factors that could have

PNC Bank Threatens to Close Customer’s Account for Buying Bitcoin

Featured The PNC bank recently threatened one of their customers for purchasing bitcoin. The bank wanted to shut down the customer’s account. This has been a story floating around the internet the last few days. The victim was Elitoohey. He elaborated on the situation in a Reddit post, saying the bank started by asking him questions about

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If Hard Fork Happens, Chain Backed By Majority of Miners Will Likely Win

This is an opinion piece, and the views reflected in this article are not necessarily those of Cointelegraph.Bitcoin is rapidly approaching a fork in the road that will determine a great deal about its future. Recently, Cointelegraph published a piece highlighting the so-called forks of “Bitcoin Cash” and “Bitcoin Gold” and explaining that neither were a threat to the network.The upcoming

SPV Wallet Bread Lets Users Decide During the Segwit2x Hard Fork

Wallets This week the popular bitcoin wallet app for iOS and Android, Bread, announced its contingency plans towards the Segwit2x fork scheduled for this November. Bread says the Segwit2x fork is more complicated due to the lack of built-in replay protection, but its number one priority is keeping customers funds safe and giving users a choice.Also r

Developer Amaury Séchet Discusses the Values of Bitcoin ABC Development

Interview Over the past two months, the Bitcoin Cash network has been trucking along and currently holds the fourth largest cryptocurrency market capitalization. Recently news.Bitcoin.com covered the project’s current Emergency Difficulty Adjustment (EDA) and the discussions concerning the future of the network’s difficulty change. This week we s

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BitMEX Exchange Joins SegWit2x Opposition, Confirms Zero Support

Mexican Bitcoin exchange BitMEX has said it will not support SegWit2x “even if the SegWit2x chain has the majority hashrate.”In comments markedly different to this week’s other notice from Xapo on the forthcoming hard fork, BitMEX confirmed it would not deal in rival Bitcoin chains under any circumstances.This, it says, is because SegWit2x “does not include two-way transaction replay prote

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A Bitcoin Beginner’s Guide to Surviving the Bgold and SegWit2x Forks

This is an updated version ofA Bitcoin Beginner's Guide to Surviving a Coin-Split specifically addressing issues associated with the upcoming Bitcoin Gold and SegWit2x forks.It looks as if Bitcoin will experience at least two more “coin-splits” soon, which (more accurately) will result in the creation of new coins. On October 25,Bitcoin Gold (Bgold) will split off from Bitcoin to create an ASI

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