SpicePay News

bitcoin upgrade

Last week BIP91, the bitcoin upgrade designed to solve the scaling issue, surpassed the needed 80% backing. It was activated Saturday, July 22, after 93% of miners signalled their support. There is a next step: More than 51% of miners must start using the BIP91 protocol by August 1 for it to be fully adopted. […]

The issue of bitcoin scalability has been a persistent one, and the subject of heated debate, for some time. While bitcoin’s price soared to new heights and users multiplied, the question loomed: How can it be scaled? Let’s look at the basics. Bitcoin uses blockchain technology. A blockchain is essentially a distributed database for an […]

entrepreneurs bitcoin

Entrepreneurs are naturally drawn to Bitcoin. They are original thinkers, typically unconventional and often visionary. They’re perfectly comfortable taking the road less traveled. They may even prefer it. To them, a decentralized, purely digital currency simply makes sense in an increasingly globalized and digitized world. Business owners and entrepreneurs have been among the first to […]

In the latest show of Bitcoin popularity, Wall Street investment bank Goldman Sachs announced the need for analyst coverage. Chief Technician Sheba Jafari wrote in a client report that the bank took the decision “due to popular demand”. It also cited the lack of volatility in other asset classes. While Goldman Sachs is bearish on […]