[What is SegWit2x and how could it affect Bitcoin?]

What is SegWit2x and how could it affect Bitcoin?

A majority of miners have started showing their preference for SegWit2x, a version of Segregated Witness that's deviating from what Core developers envision to be the solution to bitcoin's scaling issue. But what is it and what's leading bitcoin to it?

Read more here: https://www.crypto-news.net/what-is-segwit2x-and-how-could-it-affect-bitcoin/

[Zero Confirmation Transactions are no longer science-fiction - by Amsee]

Zero Confirmation Transactions are no longer science-fiction - by Amsee

The very basis of bitcoin transactions – the blockchain – has always relied on miner confirmations to determine whether a bitcoin transfer was indeed valid. For most bitcoin users, confirmations are essential to prevent double-spending, a scam where one bitcoin is spent at two different places at the same time. For the most part, this verification system is highly reliable, and usually 6 confirmations guarantee that a transaction was indeed valid. While verification was not so much of the problem in the past, recently, bitcoin has experienced an overflow of blockchain transactions, resulting in tremendous delays of up to days in magnitude. These delays simply reduce the chances of bitcoin becoming a currency of common use.

Read more at: https://www.crypto-news.net/zero-confirmation-transactions-are-no-longer-science-fiction/

[Event Report: Bitcoin Wednesday Amsterdam]

Event Report: Bitcoin Wednesday Amsterdam - by Zoran Spirkovski

The first Wednesday of every month in Amsterdam offers a unique opportunity for every bitcoin and blockchain enthusiast.

This month, Zoran took the opportunity to attend this event and to share with you information about what happened. He talks about what was presented, who was speaking, and provides some pictures.

Read about the event here: https://www.crypto-news.net/event-report-bitcoin-wednesday-amsterdam/

https://www.Crypto-News.net is looking for new content writers. To qualify, you need to be a native english speaker, have a moderate level of knowledge about cryptocurrencies, and want to be part of the team at Crypto-News.

We are looking for writers that can provide three articles per week and are interested in a long-term agreement (1 month +). If you are interested, please send a unique article about a recent event or topic (around 500-700 words) to contact@crypto-news.net with the subject "Crypto-News Writing." We are requesting this to avoid the submission of other people's work and to weed out non-serious requests. This is somewhat of an audition. If our editors approve of the quality of the article, we will publish and pay for your article. We will also negotiate future business.

We look forward to bringing on quality writers to the team!

The newest scaling proposal is called as Segwit2x. The entire proposal is spearheaded by Digital Currency Group; this is the investment conglomerate of Bitcoin. The primary objective of this proposal is to introduce two main changes in the Bitcoin network and contribute towards its progress in the future. The first change out of it would be an optimization within the network, which is named as Segwit. Segwit is also called as segregated witness. It has the ability to increase the parameters that limit the size of transaction blocks. At the moment, the limit size is not a dynamic parameter and it is hard corded. With Segwit, we can expect the limit to get changed.

One of the most interesting facts associated with Segwit2x is that it is compatible with about 80% of the computing power that is associated with the cryptocurrency. Some of the leading Bitcoin mining entities such as ViaBTC, F2Pool, BTCC, Bitmain, Bitfury and Bitcoin.com have come into a common agreement in order to show their support towards Segwit2x. However, they are not along and 50 other startups in the Bitcoin network are willing to show assistance towards this initiative.

The collaboration of the leading Bitcoin minors has contributed a lot towards the validation of Segwit2x. As per the functionality of the cryptocurrency network, it has become important for the miners to get updated with new software. However, the expectations and the motivations of miners still seem to be varied. As a result, some of the experts attached to the cryptocurrency network believe that a split in the network can take place in future. For example, Wang Chun, who is the owner of F2Pool, is not in a position to provide assistance to the Segwit2x proposal. He owns about 7% of the entire hashing power of cryptocurrency network. If a split happens, it would create a tremendous impact on the entire industry in the long run.

Some of the leading figures attached to cryptocurrency believe Segwit2x as a positive initiative. Jack Liao, who is the owner of Lightning Asic holds a prominent place out of them. Lightning Asic is a manufacture of Bitcoin wallet hardware, miner hardware and Bitcoin ATMs. According to him, the past issues that took place within the cryptocurrency network have contributed towards its current implementation. However, he strongly believes that the network should evolve along with time and Segwit2x would be a significant milestone associated with it.

Read more at: https://www.crypto-news.net/segwit2x-scaling-proposal/

For all beginners and also for those who already know something about bitcoin, we created an master guide which covers almost all bitcoin related topics:

https://www.crypto-news.net/bitcoin-master-guide/

Happy reading!

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[I'll be posting daily bitcoin price analysis from Crypto-News.net]

I'll be posting daily bitcoin price analysis from Crypto-News.net

Those can be read under analysis section: https://www.crypto-news.net/category/trading/price-analysis/

27.12.2016

Traders can’t seem to stand by any significant downward pattern as any market downturn for BTC/USD rates till now has been reversed. Although trading volumes are still much higher than the averages, they’ve kept declining ever since the top of $920 was reached. Yet, BTC/USD markets peaked at this level once again.

Major Signals

• Trading volumes have kept falling ever since the previous peak, but this didn’t prevent the price from peaking at $920 once again.
• Buy walls above $900 are for once outweighing sell walls, something that indicated that the market might be settling at such levels.
• The more recent peak at $920 was followed by a correction and a so far persistent sideways trading trend.

Bitfinex BTC/USD markets were lead by strong selling pressure in the preceding trading session. Large trading volumes were consumed by back to back buy orders that pushed the price up close to the previous peak level. By this point, it’d be safe to say that the more obvious resistance levels at the moment sits around $920 levels.

However, this time the market might be more susceptible to a breakthrough. After a particularly bullish rally pushing the price to peak levels, sideways trading would most likely be followed by a continuation to previously ongoing patterns. Selling pressure also isn’t negligible at the moment, but given that the price being able to recover above $900 it surely is outmatched amidst this market sentiment.

Futures markets also seem optimistic, with an extra hint of exaggeration in upward price movements. OKCoin futures traders are surely welcoming the new bullish outbreak that came to the rescue only after BTC/USD rated had “plunged” below $860 in a day.

Over the course of the last few trading sessions, it’s been established that bulls aren’t having a particularly hard time breaking through resistance levels one after another; as bearish outbreaks are broken off pretty easily with the market’s sentiment changing so rapidly. This time bulls are faced with a challenging resistance level, which they’re now failing to surpass for the second time in the span of a few days. The following days could be detrimental for the continuation of the uptrend that still seems to be ongoing.

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ZhongAn, the first web-based only insurance provider in the People’s Republic of China, has established its ZhongAn Internet Technology (IT) Services subsidiary. This auxiliary start-up will collaborate with the insurance firm as well as external partners to conduct further research on blockchain technology and build up artificial intelligence commonly known nowadays as AI, cloud computing and data-powered technologies.

https://www.crypto-news.net/first-ever-online-insurance-company-in-china-initiates-massive-research-and-development-on-blockchain/

Since Bitcoin was released and started gaining popularity, the market was filled with reports referring to how the price of traditional currencies could actually have an impact on the value of bitcoin. Such examples of bitcoin volatility being influenced by the changes in value of fiat have been observed in the past, and the Chinese Yuan may just be one of the most relevant examples.

Read whole article:
https://www.crypto-news.net/understanding-the-chinese-yuans-influence-on-the-bitcoin-price/

The way the developers like to explain what is Zcash is through an anecdote comparing Bitcoin to http and Zcash to https. This makes a lot of sense, since Bitcoin, unlike Zcash is completely transparent.

Read whole article @
https://www.crypto-news.net/zcash-revolution-or-failure/

Ethereum has been around for a while, and during this period of time, it has managed to grow and change the world of smart contracts tremendously. All of this wouldn’t have been possible without the help of Ether, which is basically a fuel, or form of payment, needed to operate the distributed application platform known as Ethereum.

But, which wallet you should choose?
https://www.crypto-news.net/ethereum-wallets-comparison/

The Lightning Network is a payment system, conceived by Joseph Poon and Tadge Dryja about a year and a half ago. It uses the security of the Bitcoin network, to facilitate transactions off-chain between users at minimal expense. This payment system is one of the most expected innovations that can is going to be used in parallel with Bitcoin.

https://www.crypto-news.net/the-lightning-network/

In order to have access to more opportunities, usually you have to go and create those opportunities for yourself. Create an announcement, that you’re offering such and such service, and also make sure to stop and think about the questions that people will have when you first start writing this service announcement.

Read more how to earn some bitcoins 
https://www.crypto-news.net/bitcoin-freelancing/

During the last couple of months, bitcoin has had numerous ups and downs, yet the number of total investors has increased exponentially. Judging by this practice, it seems like there is a clear demand for the digital currency.
Read further: https://www.crypto-news.net/why-you-should-consider-investing-in-bitcoin/

Recent reports indicate that after the recent DDoS attack, Ethereum is planning to carry out another fork, in order to deal with the EIP150 gas cost changes being implemented....

https://www.crypto-news.net/ethereum-is-getting-ready-for-its-second-hard-fork/

Ever wonder how to trade using the Fibonnaci Sequence?

Here's how:
https://www.crypto-news.net/fibonacci-sequence/

The process of testing trading plans is a crucial aspect of trading, because it allows you to have a closer to reality expectation of your work.

https://www.crypto-news.net/testing-trading-plans/

Blockchain Regulation and the Swiss Landscape

Many blockchain projects are making switzerland their registered home. In particular the jurisdiction of Zug seems favourable.
There are variety of reasons why Switzerland is proving to be a favourable option. For one, it is traditionally known as a politically stable home for financial activity....

https://www.crypto-news.net/switzerland-blockchain-regulation-landscape/

As time passes and the technology continues to evolve, bitcoin users from all around the world are given numerous more possibilities. Poloniex is one of the few digital currency-based firms that offers its users the ability to carry out lending and margin trading.

There are several benefits associated with the practice of margin trading...read more:
https://www.crypto-news.net/margin-trading-and-lending-on-the-poloniex-exchange/