With the news that Bitcoin is finally on the verge of scaling with the activation of Segregated Witness. Bitcoin will soon be able to facilitate many more users and transactions, growing the network and its potential value. …Its bigger than fiat !
“What was my aim for this talk? I wanted to take on the challenge of explaining Bitcoin to a totally non-technical audience. I wanted to find a way to explain Bitcoin, in one go, to people, some who’d never heard of it before, without focusing too much on any single aspect or getting too controversial”
Via @BTCbenny on the ‘BTC Sessions’ youtube channel
If your holding Bitcoin long term, Hardware Wallets such as Trezor and Ledger are a mustto protect your Bitcoin from hacks and eliminate counterparty risk that is present when holding Bitcoin on centralised exchanges.
“There seems to be a considerable amount of confusion among Bitcoin users regarding the nature of the process underlying changes to the Bitcoin protocol. In an earlier post I described the process for making code changes to the Bitcoin Core software repository. In this post I’ll go over the far more intricate process underlying changes to the consensus rules that ensure everyone ends up on the same blockchain and sees the same ledger and transaction history”
Jeff interviews crypto-expert, Trace Mayer, in a TDV subscriber first release interview, topics include: BTC segwit adoption, user activated BIP148 softfork to force segwit, BIP 148 coming ready or not, bitcoin scalability, the risks of forking the blockchain, community power, the true value of miners, securing your bitcoin through the upcoming fork, big BTC losses through poor security technique, don’t mix politics with investment, high transaction fees could be about to change, an examination of certain ‘altcoins’, and a hot tip on an altcoin with huge upside potential yet to take off.
With Altcoins & ICO’s enjoying the speculation party and the Bitcoin domination Index drops below 50% for the first time ever. I take a look at all the network effects that still make Bitcoin the King of Crypto.