US Treasury And IRS Propose Regulations On Bitcoin & Crypto Transactions By Brokers

US Treasury And IRS Propose Regulations On Bitcoin & Crypto Transactions By Brokers

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

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

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…

Texas lawmakers propose a gold-backed state digital currency

Texas lawmakers propose a gold-backed state digital currency

Two Texas lawmakers have introduced identical bills for creating a state-based digital currency backed by gold, a move that comes despite objections from several United States lawmakers against introducing a central bank digital…

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