Thursday 1 February 2018

r/Bitcoin recap - January 2018


Hi Bitcoiners!I’m back with the thirteenth monthly Bitcoin news recap. I must say it's becoming pretty hard to select just 1 or 2 stories per day, too much is going on!For those unfamiliar, 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 the Bitcoin space over the past month.You can see recaps of the previous months on Bitcoinsnippets.comA recap of Bitcoin in January 201801: Jameson Lopp clarifies when the Lightning Network will be rolled out & The 144k bitcoins that the FBI seized from Ross Ulbricht in 2013 went from $28.5M to $1.9B in value02: A Lightning Network megathread & An explanation of Channel Factories and how they work & Localbitcoins is now SegWit compatible & A very late report of Peter Thiel’s fund buying hundreds of millions of dollars in bitcoin & BTC.com implements SegWit & Goldman Sachs is planning to launch crypto trading in mid-201803: Bitcoin turns 9 years old & An overview of Bitcoin tech improvements in 201804: Facebook CEO Mark Zuckerberg says that he will look into integrating cryptocurrencies in Facebook services & Bitcoin hardware wallets are unaffected by the recent ‘Meltdown’ and ‘Spectre’ CPU attacks & Bitcoin is listed as a currency on the CNBC website and on Yahoo Finance05: Andreas Antonopoulos recalls the day he got his major bitcoin donations & All Bitcoin Visa debit cards are cancelled & Rootstock is launched as a sidechain of smart contracts for Bitcoin06: An updated version of the Lightning Network megathread & A critical vulnerability is found in Electrum07: An unverified story about Microsoft changing their bitcoin payment acceptance08: Another update from the Pineapple Bitcoin charity fund & A reminder that most bitcoin buyers these days don’t buy for the reasons bitcoin was invented, but to get rich09: Microsoft restores bitcoin payments & A US bank CEO regrets calling Bitcoin a fraud10: An explainer on the Lighting Network from a networking point of view & Hal Finney foresaw the need for Bitcoin to scale in multiple layers in 2010 & More donations to scientific research by the Bitcoin ‘Pineapple Fund’11: SegWit wallet support gets added to the Bitcoin Core software & Some fake news about South Korea banning Bitcoin trading gets debunked12: Coinbase turns out to be the main reason for high bitcoin fees, due to poor operational practices & The South Korean government is shocked at the backlash over the cryptocurrency trading ban proposal13: 80% of all bitcoins have been mined & The Lightning Network on the testnet has 675 nodes with 2200 open channels & The Bitcoin Core 2017 development activity visualisation14: Larger blocks don’t necessarily lead to more transactions15: A shower thought to create a Bitcoin Clock across from the US Debt Clock in the United States16: One of those days where people can’t get over the bitcoin price17: Japan’s largest bank will be launching its own cryptocurrency exchange & BTCPay is released, an open-source bitcoin payment processing service18: The mainnet Lightning Network consists of 29 nodes despite risks & Some South Korean officials engaged in insider trading before cryptocurrency ban announcements & Ledger raises $75M in funding19: People are getting very excited about the rapidly growing early version of the Lightning Network & Gregory Maxwell steps down as CTO of Blockstream to focus on Bitcoin protocol development20: Block #505225 is mined as the largest block yet at 2.177MB21: After engaging in insider trading, South Korean officials now have to declare their cryptocurrency investments by law & Brazil now has more bitcoin investors than its stock market and treasuries combined22: The “Reckless” Lightning Network grows to 100 lightning nodes & LocalBitcoins is now SegWit compatible23: Eclair’s Lightning Network wallet is available for testing & South Korea legalises cryptocurrency trading and bans anonymous bank accounts & The Bitflyer exchange is launching in Europe & Comic-style guides to explain Bitcoin from beginner to expert24: Some traditional rating agency gave Bitcoin a bad rating and receives a lot of backlash25: Robinhood adds no-fee cryptocurrency trading (US-only) to its stock trading app & A pros and cons breakdown and explainer of the Lightning Network & Square’s Cash app now supports buying, selling and sending bitcoin26: A clarification around Bitcoin futures contracts expiring27: Bitcointalk’s famous user Loaded moves his 40k BTC to a SegWit address for a $1 fee28: More people are moving their btc to SegWit addresses now that transactions cost just a few cents & Visa and Mastercard now charge additional fees for buying cryptocurrency29: An overview of 24 pending Softfork and P2P improvements to Bitcoin & 1M people sign up to Robinhood in 4 days & Japan’s largest consumer electronics chain is running a trial to accept bitcoin30: News comes out that Bitfinex and Tether got summoned to court in December 2017 & Facebook bans all cryptocurrency and ICO advertising & The Pineapple Fund donates $1M worth of bitcoin to The Free Software Foundation31: Pieter Wuille’s talk on Schnorr signatures for Bitcoin & South Korea’s Finance minister confirms the government has no intention to ban cryptocurrency exchanges & The CEO of Twitter & Square announces buying and selling of Bitcoin in the Square Cash app & The Line chat app plans to open a cryptocurrency exchange for its 200M users & BitFury is launching a blockchain analysis tool, harming fungibility via /r/Bitcoin http://bit.ly/2GARr9n

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