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Showing posts with the label BCC

Bitcoin Cash network is strongly centralized

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A few weeks after the announcement of the attack on the Bitcoin Cash network, a group of Bitpico hackers reported that altcoin suffers from massive centralization of nodes. A screenshot was published showing that 98% of IP addresses are physically located close to each other, according to the CCN website. Network BCH annually spends $ 1.2 million on nodes Then a group of hackers estimated that the launch of each of the nodes cost the Bitcoin Cash network approximately $ 100, while the estimated monthly costs were $ 100,000. According to ... Read more about " Bitcoin Cash network is strongly centralized " on coinatory.com

"Mysterious" seller, which has knocked down Bitcoin - won"t sell any longer

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Once the largest and most popular crypto exchange Mt.Gox, then bankrupt, has repeatedly been the cause of major collapses of the bitcoin price. Not without it and this time. According to many analysts, the sale of bitcoins on the exchange, which was carried out earlier this year by trustee Mt.Gox Nobuaki Kobayashi - and provoked a collapse in the price of BTC by 75%. However, the Mt.Gox bankruptcy trustee will not be able to sell and distribute among the creditors the bitcoins of a non-functioning enterprise anymore. The Tokyo ... Read more about " "Mysterious" seller, which has knocked down Bitcoin - won"t sell any longer " on coinatory.com