This Week in Bitcoin: Failed Forks, Atomic Swaps, and a Little Trouble in Big China
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This Week in Bitcoin: Failed Forks, Atomic Swaps, and a Little Trouble in Big China

THELOGICALINDIAN - In the aboriginal of a new alternation we epitomize the juiciest belief from the accomplished seven canicule While trolls accept trolled trolls and forkers accept angled forks weve bypassed the bitcoin argument to focus on the account that affairs So bundle up abutting to your abandoned mining rig for amore and get comfortable as we reheat the finest morsels from this anniversary in Bitcoin

See also: Bitcoin Conversation Volume Beats Talk of Facebook, Apple, Netflix, Google

Low Energy and High Drama

Monday got off to a glitch-free alpha as Bitcoin Cash forked smoother than a beginning jar of Skippy. In the deathwatch of the antecedent week’s popcorn-fueled Segwit2x ball and BCH rally, there was a cursory lull. While the mempool cleared, we filed a asinine adventure about astrology that beatific the comments area into a frenzy.

Thankfully, we didn’t accept continued to delay until the BTC newswires went into overdrive already more. On Tuesday, chat bankrupt of an energy-company-led crackdown on cryptocurrency mining in China, which coincided with Russia absolute its best locations for mining agenda currencies. Could mining’s actual own “flippening” be on the cards, with the world’s hashpower brief from east to west?

Fool’s Gold

On Wednesday we appear hard-coded fees hidden central the bitcoin gold mining code and Zimbabweans advantageous over the allowance for bitcoin amidst a absolute aggressive coup. This was followed, canicule later, with a allotment on hyperbitcoinization – the angle that bitcoin acceptance could account abolitionist demonetization as authorization currencies lose their value.

This Week in Bitcoin: Failed Forks, Atomic Swaps, and a Little Trouble in Big ChinaMeanwhile, bitcoin flirted with $8,000, buoyed by banking app Square abacus BTC as a acquirement option. Bitcoin futures and advance allotment was the allocution of the town, with every CEO and their secretary belief in. On news.Bitcoin.com, Satoshi Nakamoto Institute’s Daniel Krawisz filed an brainy allotment on bitcoin leaders, we deduced the true activity cost of a bitcoin transaction and accustomed anchorman Cindy Wang into the fold.

Cindy will be accouterment invaluable insights on all the exchange, mining, and ICO account appearing from China in the months to come. Super Bitcoin was the accountable of her beginning piece; and angled bill were to become a alternating burden as the anniversary developed.

Bitcoin Goes Boom

While Russia was rebranding its mooted agenda bill as the “cyber-ruble”, history was actuality fabricated as news.Bitcoin.com trialed one of the world’s aboriginal atomic swaps, exchanging BTC for LTC at the advance of a button. But as the weekend neared, it wasn’t aloof diminutive swaps that were alarming up – so were Segwit2x developer Jeff Garzik’s Twitter mentions. Coinbase apoplectic bitcoin withdrawals as the Segwit 2x angle loomed on the off-chance that any wantaway miners absitively to columnist ahead.

This Week in Bitcoin: Failed Forks, Atomic Swaps, and a Little Trouble in Big China

In the end, the accident was a clammy squib, but not afore buggy cipher had been appear in the aborted fork; had Segwit 2x happened, bitcoin could accept gotten REKT, with the accusation lumped absolutely on the bowl of 2x dev Garzik. Seems we all dodged a ammo there.

The Name’s Clashic – Bitcoin Clashic

To annular off addition entertaining, educational, and avant-garde anniversary in bitcoin, we accomplished This Anniversary in Bitcoin: Failed Forks, Atomic Swaps, and a Little Trouble in Big Chinaas we began: with a silly story, this time about Bitcoin Clashic, the umpteenth angle to apparent which, like abounding of its predecessors, is apparently an busy hoax. Forked bill are the new airdrops are the new ICOs. We’re backbreaking of them in added words and would dearly adulation to be able to allocution about article abroad abutting week.

And that’s all we’ve got time for. We didn’t alike get a adventitious to reprise Mimblewimble, Coinbase Custody, attacks on the bitcoin network, or the countries area bitcoin is illegal. If, like Steven Tyler, you don’t appetite to absence a thing, chase news.Bitcoin.com on Twitter or Telegram for capital belief as they break. See you abutting anniversary for added highlights from the greatest appearance on earth.

What was your admired adventure from this week? Let us apperceive in the comments area below.

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