By CCN: Early Bitcoin developer Jeff Garzik revealed what he believes is the most daunting challenge the flagship cryptocurrency faces today. He also chimed in on the "economic paradox" that threatens to stifle Bitcoin development. Bitcoin's Biggest Hurdle? Scaling. Scaling. Scaling. Speaking in an exclusive interview with CCN, Jeff Garzik, who was one of Satoshi Nakamoto's earliest collaborators...
Jeff Garzik, one of the earliest contributors to the Bitcoin codebase who also previously worked for BitPay, has been served. Garzik - in the spirit of "radical transparency" - shared the subpoena on Twitter, not appearing particularly shocked and noting that the "Bitcoin lawsuit drags on." Maybe he saw it coming, as the summons is comprised of more than two-dozen requests surrounding everything...
Jeff Garzik, historically one of the major early contributors to the Bitcoin codebase and later a lead developer at BitPay, doesn't know who created the flagship cryptocurrency. However, he has an educated guess. Speaking in an interview with Bloomberg, he spoke to his suspicions of the actual creator of Bitcoin. He has one of the less popular theories -- the major contenders for the title of...
Bad timing and a less than spectacular user experience -- that’s what cryptocurrency startup Bloq says is to blame for the pedestrian $12 million raised through the metronome (MTN) initial supply auction (ISA), referred to by nearly everyone but the company as an initial coin offering (ICO). Bloq made this assessment in a lengthy post-mortem published earlier this week, nearly two months after...
Jeff Garzik, one of the earliest Bitcoin developers, has formally launched an altcoin, dubbed Metronome, which backers allege will be the first cryptocurrency to offer “institutional class” endurance. Metronome had first been announced by Bloq, Garzik’s blockchain development firm, back in Oct. 2017, when the cryptocurrency market was in the early stages of a parabolic fourth-quarter rally. The...
The chances of a SegWit2x minority fork materializing appear slim, as the fork-compatible software appears to be beset by bugs on the day of the fork's scheduled activation. While SegWit2x had been “called off” by its leading advocates last week, a small percentage of miners continued to signal for the fork, leaving the door open that the fork could proceed anyway. The probability was minor ...
On Tuesday, Bloq -- a crypto firm co-founded by SegWit2x developer Jeff Garzik -- announced that it is developing Metronome, a cross-blockchain cryptocurrency that will be distributed through a December initial coin offering (ICO). Garzik says that, among other things, Metronome addresses “existential threats, from forks” and “developer drama” because its smart contracts ecosystem will allow...
Blockchain firm Bloq has announced the creation of Metronome, a cross-blockchain cryptocurrency that will be issued through an initial coin offering (ICO). As reported by Bloomberg, Bloq intends to unveil Metronome today at the Las Vegas Money 20/20 conference. The project is being developed by Bloq chief executive Jeff Garzik, a former Bitcoin Core developer who is also the lead developer for...