Tag Archives: Bitcoin Infrastructure

Cardano introduces the Chang hard fork, a step towards decentralized governance. The new governance system includes DReps and a tricameral layout to ensure balanced decision-making. The Cardano blockchain has taken an immense step toward decentralized governance with the release of the Chang hard fork. At 10:44 p.m. London time on Sunday, Cardano began handing control of its $13 billion blockchain to holders of its native ADA coin. This is the first stage of the blockchain’s shift to a fully...

Bitcoin layer-2 Stacks will receive a highly anticipated upgrade on Wednesday, augmenting its transaction confirmation time. The DeFi ecosystem built on Bitcoin is set to receive a massive boost from Stacks’ Nakamoto upgrade. Stacks—a layer-2 Bitcoin network—will receive its latest upgrade, called Nakamoto, on Wednesday, August 28. With that, the Bitcoin community can witness high execution DeFi use cases unknown to the Bitcoin network. That will occur due to the numerous capabilities this...

BitGo, a US-based digital asset custodian, has received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This regulatory approval will allow BitGo to offer its custody services to clients in Singapore, a crypto hub in Asia. This development comes after the custodian received an in-principle approval (IPA) earlier this year in January. In a press release, BitGo mentioned, “BitGo now offers regulated digital payment token services in Singapore. Clients...

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Polygon revealed that its new zero-knowledge (ZK) proving system, Plonky3, is ready for use. The company revealed that the open-source software is audited and secure for developers to integrate. It stated in its announcement, “Today, researchers at Polygon Labs are excited to announce that Polygon Plonky3, the next generation of ZK proving systems, is production ready and open-source licensed under MIT/Apache.” Plonky3 is a proving mechanism that lets blockchains and applications operating on...

Stacks, a Bitcoin layer 2 network, experienced an outage for 9 hours last week, leaving user transactions and blocks unprocessed for that entire period. Stacks Status, the official X account for the network’s updates, mentioned the cause was due to block reorganization (reorgs) on the layer 1 Bitcoin network and its miners behaving unexpectedly. “We are experiencing a delay in Stacks block production due to unexpected mining behavior and a Bitcoin reorg. Core developers in the ecosystem are...

With fewer people making transactions using cash these days, there are now a number of ways to purchase goods or services online. Bitcoin is one of the most popular methods of digital payments and there are plenty of advantages when it comes to using this peer-to-peer payment process.Easy Set-Up and Zero PaperworkUnlike standard currency, there are very few limitations surrounding the ownership of Bitcoin. It is perfectly legal to download and set up the online wallet program on a phone,...

Bitcoin (BTC) was first created by independent programmers back in 2008. In the last few years, the market cap reached more than $138 billion and became the most popular digital currency to date.Purchasing and selling of this currency are possible through different online exchange platforms and even ATMs. Since the development of this currency more than a decade ago, the value of one bitcoin showed highly volatile behaviors. For instance, if you started to be a Bitcoin trader in 2017, you...