Bill Gates, the billionaire co-founder of the tech giant, Microsoft has issued warnings against bitcoin and other cryptocurrencies. In an “Ask Me Anything” (AMA) session hosted on Reddit on Tuesday, February 27, 2018, he stated that cryptocurrencies were causing deaths “in a fairly direct way.”
Amid a broad swathe of positive developments in the blockchain and cryptocurrency space, and with regulatory sentiment emerging as broadly moderate, an authoritative voice has predicted doom for digital coins.
We have already covered Pineapple Fund in our previous post.
Two months ago, a Reddit user by the name of PineappleFund posted a message announcing his/her intention to give away a considerable portion of his/her bitcoin holdings to charity organisations around the world.
The company is expected to invest about $251 million over the course of 3 years, culminating in the development of a campus of high-powered data centers in the Montana Connections district which lies west of Butte. The investment proposal was passed by the Butte-Silver Bow Council of Commissioners in a unanimous vote.
While the blockchain continues to be one of the most exciting emerging technology in the world today, there are still a few issues that hamper its implementation in the wider business process.
Africa is definitely not left out as far as the global bitcoin and cryptocurrency revolution is concerned. There is a growing cryptocurrency market in many countries across the African continent.
On February 24, 2018, a user with the alias of “Cobra” posted an open letter on Medium addressing the Bitcoin community. He pointed to the dramatic loss of decentralization that current mining protocols have enabled, and called for a change in Bitcoin’s structure.
Andrew Courey an 11-year-old Middle-schooler from Massachusetts has written a book on bitcoin. The sixth grader wrote a 57-page book on the popular cryptocurrency titled “Early Bird Gets the Bitcoin: The Ultimate Guide to Everything about Bitcoin”. The book was self-published on the Amazon Kindle platform in January 2018.
A hard fork is used to describe a radical change in the Blockchain that leads to the replacement of an existing protocol, that invalidates or validates existing transactions or blocks.
This necessitates that all the parties to the specific Blockchain enforce a system upgrade to accommodate the new software protocol. So without any further ado, let’s delve into what a hard fork is.
The performance of many cryptocurrencies in terms of price appreciation and growth in 2017 can best be described as stunning. There were even late performers: cryptocurrencies like Ripple (XRP) saw some good moves in December 2017.
As it is, many people want to benefit from the kinds of movements which were seen in cryptos such as Ripple, Neo, Zcash, etc. Who wouldn’t? Let’s delve into the best cryptocurrencies to invest in 2018: