Bitcoin’s transaction finality now takes over a week due to mining centralization, developer claims
Bitcoin Core developer Luke Dashjr has raised concerns about the finality of Bitcoin transactions, stating that the widely accepted six-block confirmation rule no longer holds. According to him, transaction finalization now takes over a week, casting doubt on Bitcoin’s resistance to censorship. Finality refers to the point where reversing a transaction becomes practically impossible due to […]
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Bitcoin’s transaction finality now takes over a week due to mining centralization, developer claims
Bitcoin Core developer Luke Dashjr has raised concerns about the finality of Bitcoin transactions, stating that the widely accepted six-block confirmation rule no longer holds. According to him, transaction finalization now takes over a week, casting doubt on Bitcoin’s resistance to censorship. Finality refers to the point where reversing a transaction becomes practically impossible due to […]
The post Bitcoin’s transaction finality now takes over a week due to mining centralization, developer claims appeared first on CryptoSlate.
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Public miners saw a 15% MoM decrease in production as hash rate and difficulty reach ATHs
The largest Bitcoin miners by market capitalization experienced a sharp drop in production in January as both the mining difficulty and the hash rate rose. Data from Farside indicates that miners collectively produced 3,267 BTC in January, marking a 15% decline from December 2024. The table below shows that Riot Platforms was the only major […]
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Ethereum shorts on CME increased 500% in 3 months
Hedge funds have ramped their short positions on Ethereum, setting a new record on the Chicago Mercantile Exchange (CME). This surge in short bets comes despite a notable increase in capital flowing into spot Ethereum exchange-traded funds (ETFs). Over the past week, the nine US spot Ethereum ETFs saw net inflows of $420.06 million, significantly […]
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