Bitcoin

30 day backlog in bitcoin transactions to occur in September as CoinWallet begin stress test

CoinWallet, a bitcoin mining service based in the UK, has announced that in early September it will be carrying out a stress test of the bitcoin network that could potentially create a 30 day transaction backlog and would make most of the regular software wallets completely worthless. Although no exact date has been given yet … Continue reading 30 day backlog in bitcoin transactions to occur in September as CoinWallet begin stress test

Provisional patent filed by NXT-ID for a bitcoin payment system that uses biometric authentication

The filing of a provisional patent for an electronic cryptocurrency management system was recently announced by the Connecticut-based technology company NXT-ID Inc, which specialises in biometric technologies. The company will also be looking to launch a new smart wallet having gained the public funding it required following a recent public offering. The idea behind the … Continue reading Provisional patent filed by NXT-ID for a bitcoin payment system that uses biometric authentication

Small companies could be helped to go global with bitcoin according to Klarna Exec

  The possibility that the blockchain and bitcoin has the potential to fix a large number of the many problems that the world of payments current faces is something that Brian Billingsley, the CEO of Klarna North America strongly believes to be true. Even with an ever growing number of startup companies offering online checkout … Continue reading Small companies could be helped to go global with bitcoin according to Klarna Exec

New bitcoin study finds that bitcoin users are either tech lovers or crooks

It isn’t easy to figure out exactly what motivates people to use unregulated cryptocurrency like bitcoin or what type of person they are although a bitcoin study has recently been released that tries to elaborate on just who these people are. Based on the various article regarding bitcoin users it may come as no surprise … Continue reading New bitcoin study finds that bitcoin users are either tech lovers or crooks


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