Wednesday 1 November 2017

r/bitcoin recap - October 2017


Hi Bitcoiners!I’m back with the tenth monthly Bitcoin news recap. Last month I couldn’t post as I was travelling a lot and missed a few days of news. Normally seen that's not a problem, but Reddit decided to discontinue historical searches for specific timeframes. I know, I was sad too.Anyways for those unfamiliar with the recaps, each day I pick out the most popular/relevant/interesting stories in r/bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.Now I know the price went absolutely 🥜 this month, but there’s a lot more going on in the space than that!You can see recaps of the previous months on Bitcoinsnippets.comA recap of Bitcoin in October 201701: Japan endorses 11 cryptocurrency exchanges & The IMF Managing Director believes cryptocurrencies have a future02: Charlie Lee shares how Coinbase and other Bitcoin exchanges will likely handle the SegWit2x hardfork & Goldman Sachs is considering a new trading operation dedicated to Bitcoin and other cryptocurrencies03: The list of companies that dropped out of the SegWit2x agreement keeps growing, while nobody new has joined the agreement & The Goldman Sachs CEO is still thinking about Bitcoin, like the rest of us04: A large Japanese energy supplier adds bitcoin payments with a discount & SegWit2x nodes get a feature to disguise themselves to not get banned by the Bitcoin network for breaking consensus05: An interesting discussion on the SegWit2x attack on Bitcoin with RSK backing out if no replay protection is added06: Bitcoin.org warns users about the SegWit2x contentious hardfork07: A shoutout to Andreas Antonopoulos for all his informative Bitcoin videos08: People are grateful for SegWit2x because it proves that Bitcoin cannot be taken over by a group of corporate insiders, even with a majority of hash power09: SegWit adoption hits 10% per block without any of the major businesses using it10: B2X removes its replay-protection to safely split off, due to a vulnerability found by Core developers11: Vladimir Putin weighs in on how the financial sector in Russia should deal with cryptocurrencies12: Bitcoin rises to a new all-time-high of over $5300 & F2Pool stops signaling for SegWit2x & The Seoul Bitcoin meetup of 1600 members speaks out against SegWit2x13: Bitcoin rises to a new all-time-high of over $5800 & BitMEX exchange announces it cannot support SegWit2x as it has no replay protection, putting customer funds at risk14: Julian Assange from Wikileaks thanks governments for proving one of Bitcoin’s use cases early on15: SegWit transactions are now used for ~13% of transactions without any of the major businesses pushing for scaling adopting it16: Satoshi Nakamoto on Bitcoin’s positive feedback loop back in 200917: Bitcoin Core code was so thoroughly tested that the developers discovered a bug in OpenSSL, used in 35% of all websites & r/bitcoin is gaining 2000 new subscribers daily18: Bitcoin is the 59th most popular article on Wikipedia19: Bitmain, the largest mining equipment manufacturer, suffers a database leak & Bitcoin now has over 7000 full Bitcoin Core nodes20: Bitcoin rises to a new all-time-high of over $6000 and a market cap of over $100B21: SegWit transactions are now used for ~17% of all transactions without any of the major business es pushing for scaling adopting it & A simple reminder on the effects of increasing the blocksize on Bitcoin’s users and why we must scale carefully22: An infographic on how a Bitcoin transaction works23: Apple co-founder Steve Wozniak on Bitcoin24: Coinbase will continue to call the original Bitcoin chain Bitcoin, and the New York Agreement Bitcoin2x/B2x25: Coinbase wins award for most confusing communication regarding a contentious fork26: Peter Thiel says people are underestimating the great potential of bitcoin as digital gold & Bobby Lee, CEO of BTCC exposes China’s failed plan to drop the Bitcoin price and discourage adoption27: An increasing list of businesses and Bitcoin communities announce their rejection of SegWit2x & BitMEX research shows that the pools arguing most vigorously for larger blocks unsurprisingly mine the smallest blocks on average28: Two discussions about the implications of changing Bitcoin’s hashing algorithm to deal with miner centralisation: Discussion pro-PoW change & Discussion anti-PoW change29: Bitcoin rises to a new all-time-high of over $6300 & ](http://bit.ly/2z9oNeh)[People share their Bitcoin Halloween costumes30: Satoshi Nakamoto published the Bitcoin whitepaper 9 years ago & Another attempt from the US congress to regulate bitcoin users & Blockstream launches a new smart contract language called Simplicity31: Another reminder why Bitcoin needs a limited supply and why Central banking is unsustainableThanks everyone for fighting the good fight for Bitcoin these past few months. Just one more month and we'll have this 2x drama behind us! Hodl on. via /r/Bitcoin http://bit.ly/2zorfyr

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