Bitcoin News
Bitcoin News

What is an eclipse attack?

What is an eclipse attack in blockchain? In an eclipse attack, a malicious actor isolates a specific user or node within a peer-to-peer (P2P) network. The attacker’s goal is to obscure a user’s view of the P2P network in preparation for more complex attacks or to cause general disruption. Eclipse attacks share similarities with Sybil […]

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Is Bitcoin a hedge against inflation?

Why do you need a hedge against inflation? How effective is Bitcoin as a hedge against inflation? Let us first understand what inflation is and how useful the other stuff is to deflate it. With inflation in fiat-based economies a given, experts and even regular people have been looking for an investment or a tool […]

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Bitcoin News Cryptonews Deals

Bitcoin Price Prediction as $28,500 Support Holds Strong – Where is the Next BTC Target?

The price of Bitcoin has been a topic of much discussion among investors and cryptocurrency enthusiasts alike. With the support level at $28,500 holding strong, many are wondering about the future direction of the world’s largest cryptocurrency. In this update, we will examine various factors that could impact Bitcoin’s price movement and make a prediction […]

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Altcoin News Bitcoin News

The key technologies that power the Metaverse

What is the Metaverse? The Metaverse is a post-reality universe that combines physical reality and digital virtual worlds in a continual and persistent multiuser environment.  The Metaverse is built on the convergence of augmented reality (AR) and virtual reality (VR) technologies, which enable multimodal interactions with digital items, virtual environments and people. As a result, […]

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Bitcoin News

US Government to Sell 41,500 Bitcoin ($1.18 Billion) Connected to Silk Road

According to a recent MIT master’s thesis by a U.S. Space Force major, Bitcoin (BTC) is more than just an online payment method. Instead, the paper mentioned that the Pentagon should use it as a weapon in modern conflicts.  According to Major Jason Lowery, the proof-of-work (PoW) consensus protocol used by BTC represents a significant change in the potential for […]

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Bitcoin News

Why DeFi, GameFi and SocialFi are horizontals in the Metaverse

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  • March 30, 2023

The Metaverse, the convergence The Metaverse is expected to be the next avatar of the internet. As the internet is now, the Metaverse will have various virtual economic models powered by Web3. These models can have their roots in financial services, gaming or social media. Yet, there will be constant cross-overs and interactions across these […]

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Bitcoin News Cryptonews Deals

Can the government track Bitcoin?

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  • March 29, 2023

Does the government know who owns Bitcoin? At the basis of cryptocurrencies like Bitcoin (BTC) stands blockchain technology. A fundamental characteristic of blockchain technology is transparency, meaning that anyone, including the government, can observe all cryptocurrency transactions conducted via that blockchain. Bitcoin transactions are publicly accessible because of the transparent nature of blockchain technology. Besides, […]

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Bitcoin News

Downsides of Proof-of-Work and Proof-of-Stake, explained

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  • March 29, 2023

What are the main types of nodes in existence? Proof-of-Work and Proof-of-Stake are arguably the best-known consensus mechanisms — but new ones are continually emerging. PoW blockchains have long dominated the cryptocurrency landscape, with both Bitcoin and Ethereum using this model. This means miners are responsible for securing the network and validating transactions — and […]

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Bitcoin News Ethereum News

Is GPU mining profitable after the Ethereum Merge?

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  • March 28, 2023

What does the Ethereum Merge mean for Ethereum mining and GPU miners? Ethereum upgraded from proof-of-work to proof-of-stake, meaning miners will be out of work, and their equipment will be useless. GPU miners are individuals that validate transaction blocks by using specialized graphics cards to solve challenging mathematical challenges. Miners use graphic cards because they […]

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Altcoin News Bitcoin News

What is a coinbase transaction?

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  • March 27, 2023

. What are coinbase transactions Not to be confused with the cryptocurrency exchange Coinbase, the term “coinbase transaction” refers to a particular type of transaction that occurs in every new block of a blockchain.  Coinbase transactions are a key part of the system that blockchains utilize to introduce new currencies that have never been sent […]

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