Today's Hot Topics

Why We Need To Think About Zero-Confirmation Transactions

Firstly, let me recap on exactly what a zero-confirmation transaction is, as summarised by CCN: “Bitcoin transactions are committed to the blockchain about every 10 minutes. Zero-confirmation transactions do not reside in a block yet. Instead, they reside in the memory pool of miners. Until a block is mined that includes the transaction, it is said to have ‘zero-confirmations. Once included in a block and written to the blockchain the transaction has one confirmation”. Often, many merchants and exchanges won’t accept transactions until they have a confirmation, sometimes they require as many as six, this means they can be left...

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Investing In Cryptocurrency As A Nest Egg For Your Children

As a father of three, I first started investing in Bitcoin in 2017, after a recommendation from a friend. I decided to invest £3K for my children as a nest egg for the future. This investment is now worth in excess of 5 figures. Here, I explain the reasons for investing and the process I went through when investing for the first time in cryptocurrency. When did you first decide to invest in Bitcoin for your children? In February 2017 a very good friend of mine essentially sat me down and 'held my hand' to purchase 1 bitcoin each for...

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An In Depth Look Into Blockchain Technology

Blockchain, a brainchild of the of the mysterious pseudonym Satoshi Nakamoto, is an indisputably ingenious innovation. The technology allows digital information to be distributed to users without being copied, thus creating the spine of a new kind of internet. The Blockchain technology was originally invented for the sole purpose of governance of the digital currency, Bitcoin, however, tech pioneers have devised and continually devise other potential uses for arguably the most disruptive technology. Bitcoin (BTC), tagged - quite appropriately the "digital gold", currently has a total currency value of close to $9 billion (USD) with Blockchain technology being central to...

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Is Huawei About To Launch A Blockchain Smartphone

Huawei is the world’s third-largest smartphone maker, and have recently launched their Mate 10 Pro, as well as preparing to debut their upcoming P20 lineup. Despite a busy few months for the company, reports suggest that they are considering making a new mobile phone that is focused on running blockchain-based apps. They plan to license Sirin Lab’s operating system, to run the blockchain apps alongside Android; however, it is important to note that nothing has been agreed by the two companies, and at this moment in time, they are only talking. If the deal is made between the two though,...

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Google Will Create Own Blockchain

Despite just putting a ban in place with any adverts that are linked to anything cryptocurrency related, Google have decided to take a major step and reports suggest that they are planning to create their own blockchain which will offer cloud and transactional services. A source said; “The Alphabet Inc. unit is developing its own distributed digital ledger that third parties can use to post and verify transactions.” The Google Cloud platform offers products in computing, storage and networking. Google are focused on security, and plan on using Identity-Aware Proxy and multiple factor authentication. They will also use decentralised technology...

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