Bitcoin News / Bitcoin Stack Exchange - 2 years ago
The checksum of Base58Check encoding is simply a truncated hash of the rest of the bytes. This means there is no recovery algorithm other than just brute-forcing until the hash matches.
That is one of the big advantages of the Bech32 address format...
Bitcoin News / Bitcoinist - 2 years ago
The Binance CEO has announced that they restricted the 281 personal accounts of Nigerian users due to a need for compliance with international money laundering laws.
The growth of cryptocurrency crimes has been a significant reason for using and enfo...
Bitcoin News / Bitcoin.com - 2 years ago
$3.6 billion or 94,643.29 bitcoin stemming from the 2016 Bitfinex hack was moved and consolidated into a single wallet following 23 transfers. At the time of writing, the $3.6 billion in bitcoin remains idle and the trading platform Bitfinex says it...
Bitcoin News / Bitcoin.com - 2 years ago
Solana was trading close to 15% higher on Tuesday, as crypto markets were mostly in the green to start February. This comes as markets look set to move past January’s red wave.
Biggest gainers
Cryptocurrency markets were mostly bul...
Bitcoin News / Bitcoin.com - 2 years ago
The crypto asset and exchange-traded fund (ETF) manager Wisdomtree has revealed the company is launching a new digital wallet called Wisdomtree Prime, which will allow users to hold crypto assets, blockchain-enabled funds, tokenized versions of commo...
Bitcoin News / Bitcoinist - 2 years ago
Popular crypto wallet MetaMask will be merging with MyCrypto, according to a post by Consensys developer Dan Finlay. The fusion of these wallets will let the users leverage more “robust” products across multiple devices and “lead the way to Web3”.
Re...
Bitcoin News / Bitcoinist - 2 years ago
Rumors circulated last week that Facebook’s parent company and its partners are looking to exit its troubled cryptocurrency project.
Well, it turns out the grapevines were correct. Mark Zuckberberg’s cryptocurrency Diem will not see the light o...
Bitcoin News / Bitcoinist - 2 years ago
A hacker has helped two crypto investors recover what has turned out to be millions of dollars worth of crypto. The hacker who has a healthy following on YouTube posted this on his channel, documenting how he had been able to help someone recover the...
Bitcoin News / Bitcoinist - 2 years ago
Russians own 16.5 trillion rubles ($214 billion) in crypto, according to government figures. Given the lack of clarity in the country’s crypto legislation, estimates are expected to be conservative.
Russians Hold 12% Of Global Crypto
Report fro...
Bitcoin News / Bitcoin.com - 2 years ago
Following Adidas and Nike getting into the metaverse, the sneaker manufacturer New Balance seems to be prepping to launch virtual items tied to its products. The firm filed three trademark applications with the United States Patent and Trademark Offi...
Bitcoin News / Bitcoinist - 2 years ago
The metaverse was one of the most discussed concepts in 2021, this new ecosystem has made it possible for human beings to live and interact in a virtual world. At its core, it is supported by emerging technologies, including blockchain and virtual re...
Bitcoin News / Bitcoinist - 2 years ago
One of blockchain’s greatest challenges that’s yet to be solved is the lack of confidentiality and privacy of data. It’s a challenge that needs to be addressed though, because until a solution is found then blockchain will always be out of the questi...
Bitcoin News / Bitcoinist - 2 years ago
Singapore is disrupting the utility of the blockchain, this time with the GameFi team behind Nexus World, Affyn, who are busily working on launching one of the most exciting Metaverse games, from both a gameplay and monetization point of view. Affyn...
Bitcoin News / Bitcoin.com - 2 years ago
Cryptocurrencies traded higher to start the month of February, as markets look to forget January’s red wave. ETH is trading close to 10% higher as of writing, with bitcoin gaining almost 4% today.
Bitcoin
Bitcoin, which fell by as much as $16,...
Bitcoin News / Bitcoin.com - 2 years ago
In the growing DeFi panorama, both institutional traders and retail investors are starting to notice the inherent privacy issues with the most popular Layer-1 blockchains.
The extreme transparency of L1s such as Ethereum, Solana, and Avalanche, to na...
Bitcoin News / Bitcoin Stack Exchange - 2 years ago
Yes, it is a fundamental security assumption that the majority of the hashrate on the network is honest, where honest means "not collaborating to attack".
Assuming an antagonist with overwhelming hashrate appeared out of nowhere, this antagonist wou...
Bitcoin News / Bitcoin Stack Exchange - 2 years ago
No, just changing the output value would invalidate the transaction's signatures, which the application can easily verify. But since the application is not a fully validating node, what the attacker can do instead is to create their own transaction...
Bitcoin News / Bitcoin.com - 2 years ago
The governor of the Central Bank of Jordan recently said his institution is studying the possibility of launching a legal digital currency, one that will be linked with its national currency. He also suggested that cryptocurrency trading might eventu...
Bitcoin News / Bitcoinist - 2 years ago
Apple Inc. shared a glimpse of its future ventures in the metaverse as CEO Tim Cook talked about the company’s expected entry into augmented reality (AR) last week.
The Cupertino-based company currently has 14,000 available AR applications on t...
Bitcoin News / Bitcoin Stack Exchange - 2 years ago
Why does this guy say 2^80? can somebody explain?
That is explained in the comments to the question you linked.
To paraphrase
As numbers become large the number resulting from the birthday paradox approaches the square root. With Bitcoin these num...
Bitcoin News / Bitcoin.com - 2 years ago
Circle, the operator of USDC, one of the biggest stablecoins by market cap, has launched USDC as a native asset on top of the Flow blockchain. Flow is a blockchain project made to host NFT and game-based initiatives, aiming for low fees and a high vo...
Bitcoin News / Bitcoin.com - 2 years ago
Binance has announced one of its trademark features, the SAFU fund, has reached a milestone in its development. The SAFU fund, an acronym that stands for “Secure Asset Fund for Users,” has reached the amount of one billion dolla...
Bitcoin News / Bitcoinist - 2 years ago
According to digital investing firm CoinShares, the Bitcoin (BTC) mining network contributed less than 0.08 percent of the world’s total carbon dioxide (CO2) emissions. According to data gathered by the company, BTC mining contributes only a sm...