Bitcoin Transaction Fees Gets Lower

mzl.fmvzdyovLately, the Bitcoin network was in congestion. The recent increase of demand for Bitcoin led to more network transactions. This situation had a direct effect on transaction fees, the fees increased (up more than 1200% in past 2 years) and blocks reached their maximum capacity, the number of  unconfirmed transactions increased (over 165,000 transactions were unconfirmed in May). Continue reading

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From Multi-Millionaire to Washing Dishes

charlie shrem

Founder of BitInstant and Vice President of The Bitcoin Foundation, Charlie Shrem was one of the first Bitcoin entrepreneurs, he was a Bitcoin pioneer as one of the integral players in the decentralization of finance and it paid off big time, until he allowed a customer to resell Bitcoin on Silk Road, the infamous deep web black market. Continue reading