![US Treasury And IRS Propose Regulations On Bitcoin & Crypto Transactions By Brokers US Treasury And IRS Propose Regulations On Bitcoin & Crypto Transactions By Brokers](http://bitcoinmagazine.com/.image/c_limit,cs_srgb,h_1200,q_auto:good,w_1200/MTkxNjYwMTg3NDc0NTM1OTIy/bitcoin-magazine-fincen.png)
Today, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) have jointly announced a set of proposed regulations focusing on the sale and exchange of digital assets by brokers. The…
![Scientists propose quantum proof-of-work consensus for blockchain Scientists propose quantum proof-of-work consensus for blockchain](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-06/6850402b-2efa-4e50-889c-173d8438f018.jpg)
A team of researchers from universities in Australia and the United States, working in collaboration with quantum technology company BTQ, recently published research proposing a novel proof-of-work (PoW) scheme for blockchain consensus that…
![Bitcoin Developers Propose Hierarchical Channels To Boost Lightning Network Scalability Bitcoin Developers Propose Hierarchical Channels To Boost Lightning Network Scalability](http://bitcoinmagazine.com/.image/c_limit,cs_srgb,h_1200,q_auto:good,w_1200/MTk0NjU5NjI0MzI1MDk2NjEw/lightning-network.png)
With hierarchical channels, Lightning may overcome its scalability limitations by enabling quick and flexible off-chain resizing of channels. Developers are exploring the use of hierarchical channels to help speed up and make the…