Hyperbitcoinization Comes into Focus During the Bitcoin Halving

Though the applications and adoption rate have a long way to go if Bitcoin is going to achieve its maximum potential, the third-ever subsidy Halving was an opportunity for Bitcoiners to celebrate its more than 11 years of life. In addition to hosting technical demonstrations, discussions with leaders of Bitcoin’s premier Layer 2 protocol and high-level presentations, Bitcoin Magazine’s BitcoinHalving.com live stream was a chance to focus on one of the community’s favorite topics: hyperbitcoinization. Further Reading: What Is The Bitcoin Halving? Fundamental Bullishness and the Bitcoin Halving In one…

Read More

OKCoin Grants $100,000 to BTCPay Server Toward Its Open-Source Development

Today, San Francisco-based cryptocurrency exchange OKCoin announced a $100,000 donation to open-source bitcoin payment processor project BTCPay Server. The funding comes as part of the OKCoin Independent Developer Grant, which was launched last year. BTCPay Server’s product is free to use and its dependent on such contributions to continue operations. “Supporting infrastructure projects is key to our mission at OKCoin [and] we believe that the most impactful way to do this is by backing independent open-source developers; the ground troops and projects dedicated to creating and improving the core infrastructure…

Read More

Bitbuy, Knox Team to Offer Insured Custody for Bitcoin on Exchange

Today, insured bitcoin custody provider Knox has announced its partnership with Canadian cryptocurrency exchange Bitbuy in a sign of growing interest for offline and insurable third-party storage solutions. “Bitbuy is partnering with Knox … allowing its clients to have their bitcoin stored in an offline vault with insurance up to the full value of holdings,” according to a press release shared with Bitcoin Magazine. “This is a significant development for the burgeoning cryptocurrency industry, and makes Bitbuy the world’s first platform to find a way to keep the full value…

Read More

Reflecting on Bitcoin at the Third Halving

For only the third time in history, Bitcoin’s mining subsidy was cut in half this month. It was a moment that garnered attention from around the world, reminded us of the protocol’s programmable scarcity and inherent value proposition and gave some of the space’s technological and cultural principals reason to reflect on the past and future. Further Reading: What Is the Bitcoin Halving? Bitcoin Magazine’s BitcoinHalving.com live stream, held for 21 hours continuously around the third Halving, shared some of these reflections with thousands of viewers and created a broadcast…

Read More

Presenting Bitcoin’s Best During the Halving

The Bitcoin mining subsidy halving is a once-every-210,000-blocks event during which attention from all over the world is pointed at the original cryptocurrency. Further Reading: What Is The Bitcoin Halving? During the third-ever Halving, Bitcoin Magazine presented the 21-hour BitcoinHalving.com live stream, featuring the space’s thought leaders and biggest personalities sharing their outlooks for this new era. This meant offering a stage where they could conduct high-level presentations for thousands of viewers. Bitcoin, the Mycelium of Money Presentation Brandon Quittem of Swan Bitcoin took to the live stream to present…

Read More

How the Lightning Network Will Grow Following Bitcoin’s Third Halving

The Lightning Network, Bitcoin’s second layer solution for faster and more efficient payments, was integral to the ecosystem’s third epoch — with a number of Lightning-focused projects iterating and expanding upon the technology to establish it as the most promising protocol built upon Bitcoin. Further Reading: What Is the Lightning Network?  It became clear during Bitcoin Magazine’s BitcoinHalving.com live stream that this development is only poised to ramp up following Bitcoin’s third-ever subsidy halving. As leaders from the space’s Lightning-focused projects took the stage, they elaborated on the progress we’ve already…

Read More

FastBitcoins Launches Dollar-Cost Averaging Feature

So far, Bitcoin adoption in 2020 has been defined by the phenomenon of “stacking sats.” The notion of quickly and seamlessly converting fiat into bitcoin in small, regular increments has lowered a perceived barrier that BTC investment requires large, single purchases and has encouraged Bitcoiners to build up their HODLings on a regular basis. Of the handful of services that allow users to stack sats, FastBitcoins may be filling a unique niche. It offers in-person bitcoin buying in physical outlets, where users can directly convert their fiat cash into BTC.…

Read More

Demo’ing the Best of Bitcoin During the Halving

Bitcoin Magazine’s BitcoinHalving.com 21-hour live stream was a celebration of programmable scarcity during Bitcoin’s third-ever subsidy halving. It brought panel discussions, fireside chats, technical analysis, banter, memes, music and an unforgettable decentralized countdown to Bitcoin’s global community and beyond. Among the diverse pieces of content presented were firsthand demonstrations from some of Bitcoin’s most active builders, showcasing the products and services that will lead the way in the technology’s fourth epoch. Nodl Dojo and Samourai Demo Nodl offers some of Bitcoin’s most popular options for running a full node, a…

Read More

Podcast: Fiat Money and Intergenerational Conflict

At a time of unprecedented economic uncertainty, central banks around the world are reacting to the novel coronavirus by printing money, slashing interest rates and generally doubling down on the globe’s deflationary spiral. Amid all of this self-destructive behavior, Bitcoin Magazine’s “WTF Is Happening With the Fed?!” podcast series has been examining the Federal Reserve’s actions, the critical differences between manipulated markets and the Bitcoin ecosystem and all of the other questions now raised about the concepts of money and value at this most confusing time. In the latest episode…

Read More

Combining Convenience and Security, TenX Is Expanding Bitcoin Usability

This is a sponsored article provided by TenX. Ever since it was introduced in Satoshi Nakamoto’s 2008 white paper, bitcoin has had yearning potential to be used regularly around the world for everyday purchases. It has built-in capability to make purchases faster, more secure and more convenient, but a lack of widespread infrastructure and adoption have stood in the way of this vision becoming a reality. Enter TenX, a Singapore-based blockchain company built to allow users to convert their bitcoin to fiat instantly, wherever they choose to leverage it. With…

Read More