Bitcoin Cash Update

We’ve been closely monitoring Bitcoin Cash (BCH) since the hard fork on August 1st and wanted to provide a brief update to our users.

Within the next 8 weeks, we’ll be rolling out limited support for BCH via the settings panel in your Blockchain Wallet. Users with balances of bitcoin in their Blockchain Wallet on August 1st will be able to access an equal balance, as of August 1st, of bitcoin cash.

While no immediate action is necessary, rest assured that your funds are secure. Blockchain wallets are non-custodial and you hold the private keys, meaning you always have full, exclusive access to your funds — which are always accessible with your recovery phrase.

Bitcoin News for the week of 8/8/16

Welcome to our weekly bitcoin news recap, where we cover top headlines and stories in the world of bitcoin each week. This week we saw news from The New York Times about how the World Economic Forum predicts that blockchain technology will eventually play a significant role in the global financial system. There are also a few bitcoin-related events coming up, like Bitcoin.com’s conference in London, plus we reported on the bitcoin price and how it’s rebounding despite the recent Bitfinex hack. Read about all this and more, in our weekly recap.

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Bitcoin News for the week of 2/1/16

Welcome to our weekly bitcoin news recap, where we cover top headlines and stories in the world of bitcoin each week. This was an exciting week for us here at Blockchain, as we released a major update to our wallet that will help make bitcoin accessible and easier to use for everyone. Also this week, we saw a lot of great information on new changes coming down the road in bitcoin, from technical innovations all the way to new investments and capital. Get all this news and more, in this week’s Blockchain recap.

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Bitcoin News for the week of 1/4/16

Welcome to our weekly bitcoin news recap, where we cover top headlines and stories in the world of bitcoin each week. We started 2016 with a bang, and pundits have been discussing bitcoin and the blockchain and how it has been showing signs of continued growth while the rest of the world markets haven’t started the year out as well. There are a few upcoming events happening this year to get excited about as well, as bitcoin and the blockchain is always evolving. Learn about all this and more in this week’s Blockchain recap below.

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Here are the top five Blockchain posts of 2015

It’s been a great year, packed full of exciting developments, announcements, and headlines. As 2015 nears its end, we are taking a few moments to look back at the top five most popular posts that we have published this year. Listed below are the top posts which have garnered the most reader views this year, in descending order. Let the countdown begin!

Sneak Peek: The Blockchain Wallet, alpha version

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Using the Blockchain API to determine the time left until the next bitcoin block halving

Countdown clock image via Tony Webster/Wikimedia
Countdown clock image via Tony Webster/Wikimedia

Earlier this year, we did a featured spotlight on a bitcoin developer Kyle Honeycutt who does tutorials focused on helping explain how to build exciting new tools leveraging the Blockchain suite of services, including our API.

Kyle has impressed us again, by coming up with a novel way to calculate the amount of time left until the bitcoin block reward halving happens in real-time. For those unfamiliar with the bitcoin halving, here is a quick explanation pulled from our 10 commonly used bitcoin terms article.

Bitcoins have a finite supply, which makes them scarce. The total amount that will ever be issued is 21 million. The number of bitcoins generated per block is decreased 50% every four years. This is called “halving.” The final halving will take place in the year 2140.

If you’d like a deeper understanding of the bitcoin halving, you can read Block Reward Halving: A Guide written by Vitalik Buterin, who is the founder of Ethereum. There is also another more recent article which talks about the different aspects of the bitcoin halving which is a good read.

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Understanding mnemonics and the Blockchain Wallet

Johnny Mnemonic is a 1995 sci-fi action film starring Keanu Reeves which takes place in the year 2021, where Johnny Mnemonic has to transport information using a mnemonic device. – Poster courtesy of Image Entertainment
Johnny Mnemonic is a 1995 sci-fi action film starring Keanu Reeves which takes place in the year 2021, where Johnny Mnemonic has to transport information using a mnemonic device. – Poster courtesy of Image Entertainment

What is a mnemonic?

Pronounced “ne-manik,” in its purest form a mnemonic is a pattern of letters, words, or associations which allows you to easily remember information, and has been used by humans for thousands of years. In other words, it can be a very useful tool to help us memorize important information we need to remember.

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Achievement Unlocked – 4 million bitcoin wallets

It’s a proud day when we get to announce to the bitcoin community that we have accomplished another milestone. Today, we officially crossed over the 4 million marker for Blockchain Wallet users. We’ve been growing quickly and have doubled in size the past year. This is really exciting as it points to a positive trend in bitcoin adoption.

In the chart below, you can see that we reached 4 million wallet users on Sunday, August 16th. You can view this chart too, as it’s available to everyone if you want to track our progress, along with other charts tracking bitcoin’s overall development.

4MWallets

 

Building Bitcoin websites using the Blockchain API (video tutorial)

blockchain-api-photo

We recently came across an informative series of Bitcoin videos created by Kyle Honeycutt. Kyle records tutorials that are developer focused and help explain how to build exciting new services leveraging the Blockchain API.

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Bitcoin News for the week of 7/20/15

Welcome to our weekly bitcoin news recap, where we cover top headlines and stories in the world of bitcoin each week. We made an exciting announcement this week, asking users to sign up for an exclusive sneak peek at the brand new Blockchain Wallet, which will be coming soon – so sign up now and get to see it before anyone else. We saw a continuation in news from last week, as more banks experiment in bitcoin and block chain technology. Another piece of interesting news shows that bitcoin is the fastest growing area of startup investment. It’s safe to say that bitcoin continues to grow worldwide, as we are seeing each week, and different countries learn and begin to use this nascent technology.

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