SpicePay News

bitcoin software blockchain fork

On August 1, changes to Bitcoin software will go into effect. This is due to a long debate within the bitcoin community about bitcoin scaling – how to support more transactions without further slowing down the network. For more details, please see our related blog posts from earlier this month (July 19 and July 26). […]

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 […]