Browsing: Bitcoin

David Glance
The ‘halving’ that could derail bitcoin

Bitcoin relies on the participation of people and organisations to act as the “bankers” of the system. Called bitcoin miners, they effectively record each transaction on a ledger called the blockchain and in return, they are awarded with bitcoins. The process of mining

Martha Bennett
Blockchain hype getting ahead of itself

While blockchain technology is certainly worth investigating, chief information officers should not be fooled into thinking it is the panacea for all the potential use cases currently under discussion. It’s advisable to apply a healthy dose of scepticism

Make or break moment for Bitcoin

Digital cryptocurrency Bitcoin faces a key year ahead that could seal the fate of its long-term adoption, says South African-born Silicon Valley entrepreneur Vinny Lingham. Lingham first integrated Bitcoin payments into his US-based digital gift

Around the world in 80 payments

Ever since computers were first introduced into the retail banking system in the late 1950s, there has been the vision of a future world where cash is obsolete. The near death of personal cheques, increase in debit and credit card use, and innovations such as PayPal

Editor's pick
How the blockchain could change the world

Digital cryptocurrencies like bitcoin may have failed to unseat their more traditional rivals, but the technology that underpins bitcoin may yet bring about a revolution in finance and other industries. This technology is called the “blockhain”. The blockchain acts as a public

Desperately seeking Satoshi Nakamoto

In 2008, someone calling themselves Satoshi Nakamoto posted a paper describing the workings of what would become the world’s most important digital cryptocurrency, bitcoin. Two months later, he posted the code for the first version of the software that would allow people to create and

Editor's pick
Bitcoin explained in plain English

Bitcoin has been declared the “end of money as we know it” and as a currency for our times; decentralised, and created specifically for seamless exchange on the Internet. That is, it would be, if

Inside the dark Web

The “dark Web” is a part of the World Wide Web that requires special software to access. Once inside, websites and other services can be accessed through a browser in much the same way as the normal Web. However, some sites are effectively

Has Bitcoin run its course?

Bitcoin was dubbed the worst investment of 2014. As predicted, however, 2015 has seen the continued fall in value of the currency that was supposed to fuel the digital age. In the last 10 days alone, it has

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