Eduardo Próspero

Blog Info Bitcoinist.com
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Stats Has written 177 posts about cryptocurrency

Dec 07 2021

From The Ground: DeLorme Tests El Salvador’s Fast Food Chains’ BTC Capabilities

Part two of thee of the From The Ground reports based on Stephen DeLorme’s phenomenal work. Here’s the first edition, but let’s recap. DeLorme is a designer who’s got a grant...

From The Ground: DeLorme Tests El Salvador’s Fast Food Chains’ BTC Capabilities

Part two of thee of the From The Ground reports based on Stephen DeLorme’s phenomenal work. Here’s the first edition, but let’s recap. DeLorme is a designer who’s got a grant...

Dec 04 2021

From The Ground: Stephen DeLorme, A Hard-Core Bitcoiner, Talks To Salvadorans

This From The Ground report is gold. Stephen DeLorme visited El Salvador and got the information we needed. He talked to real people, experimented with different wallets, went to all kinds of commerces. His story is full of the confusion and angst that being the pioneer carries. El Salvador is going where no country has gone before. Its citizens are in for the...

Dec 02 2021

Crypto Adoption Grows In Croatia: Supermarkets, Post Offices, Car Dealerships, +

Croatia is embracing crypto at an exponential rate. Earlier in the week, Konzum announced it will accept cryptocurrency payments in its online store. This is phase one for Croatia’s largest supermarket chain, the company plans to roll out the service in all of its stores. The country is quickly becoming one of the friendliest for cryptocurrency enthusiasts. One could probably already live on...

The Andy Milonakis NFT Show, EP. 14 – How Milonakis Made One Million Dollars

Tonight, on The Andy Milonakis NFT Show: As predicted, the Goat Soup NFTs sold out in a matter of hours. And the public sale sold out in a record nine minutes. The official website reads “Goats are sold out and can be purchased on secondary! 3,744/3,744 minted.” Each mint was 0.08 ETH, so the project’s first drop...

Dec 01 2021

Bitcoin Mining Stocks Beat BTC Two-To-One in 2021 ROI

Believe it or not, in 2021, Bitcoin mining stocks have outperformed the king of cryptocurrencies. This crowns the phenomenal year the whole Bitcoin industry has had. However, consider Arcane Research’s warning, “an investment in mining companies carries a much higher risk than an investment in bitcoin...

Nov 30 2021

From The Ground: Devastating Problems With The Chivo Wallet

During Bitcoin Week, reports of the Chivo Wallet stealing people’s Bitcoin reached a mainstream audience. Salvadorans have been dealing with the issue and reporting it to tech support for a while, without much luck. The international influencers that recently visited El Salvador have a much wider audience, and they are very confident that they know how to work the wallets....

Nov 27 2021

Bitcoin Or Ethereum? Which Blockchain Is Heavier? BitMEX Research Reports

From times immemorial, the Bitcoin and Ethereum camps argue about nodes and their respective blockchains’ characteristics. This mind-bending report by BitMEX Research will put the debate to rest. Surprisingly, they determine that the Bitcoin blockchain is still bigger than the...

News From El Salvador, Late November: Post Bitcoin Week Report

Time to check back with El Salvador. During Bitcoin Week, it was so hectic down there that we didn’t know where to start. Everybody in the Bitcoin space visited San Salvador and El Zonte. The highlight was that President Bukele announced the project to build Bitcoin City...

Nov 26 2021

Bitcoinist Book Club: “The Bitcoin Standard” (Chapter 8, Digital Money)

Finally, digital money. We got to the part when Saifedean Ammous talks about Bitcoin. So far, “The Bitcoin Standard” has given us history, economy, and philosophy lessons. It’s time for technology. For Bitcoin experts, this chapter might be a little too basic. For newcomers to the space, the following material will be crucial for their understanding. The author explains each of the moving...

Nov 24 2021

U.S. Senate Banking Committee Throws Softball Questions To Stablecoins Issuers

Nov 24 2021 Published at Bitcoinist.com under tags  binance.us cbdc cbdcs centre circle

Stablecoins are in hot water in The States… or are they? The U.S. Senate Banking Committee sent letters to Circle, Tether Holdings Ltd., “Coinbase, Gemini, Paxos, TrustToken, Binance.US, and Centre.” What do these companies have in common? They all issue stablecoins pegged to the US Dollar. Is the US government doing a serious inquire this time? Probably not, judging by the questions they...

Nov 23 2021

TALKING HEADS: Do You Consider The Lightning Network A Proof-Of-Stake System?

It’s time to find out what the protagonists have to say. In TALKING HEADS, Bitcoinist will ask the experts about the cryptoverse’s overarching themes and latest news. This time, we have an all-star cast that’s as diverse as the times we’re living in. Prepare to have your mind electrified by these talking heads’ ideas and reasoning. Related Reading |...

Nov 22 2021

The Andy Milonakis NFT Show, EP. 13 – Goat Soup

Tonight, on The Andy Milonakis NFT Show: It’s Goat Soup time. Milonakis announced the title of his first serious NFT collection and released the first sample, pictured above. The Goat Soup team chose pixel art and a 24×24 format because the project is 100% on chain. That means, their pieces have to be light because they’ll live in the Ethereum blockchain. We’ll get...

Nov 20 2021

Is The Binance Smart Chain Going Off The Rails? BSC Validators Rise Up

There seems to be a disturbance in the force over at the Binance Smart Chain. Even though for the average user the BSC is working just fine, the validators are up in arms. A pseudonymous one opened up an issue at GitHub and all hell broke loose. The title: “BSC is a lost cause.” It...

Nov 19 2021

Why Are Taproot Smart Contracts More Private? A Non-Technical Explanation

Our exploration of the new superpowers Taproot gives to Bitcoin continues. Yesterday, we defined smart contracts and covered the functionality of the Taproot-enabled ones. To summarize, Taproot gives new characteristics to Bitcoin layer one...

Nov 18 2021

Does Taproot Actually Enable Smart Contracts On Bitcoin? The Debate Rages On

Was it irresponsible of us to state that Taproot would “enable smart contract deployment”? Maybe it was. Bitcoin received its first major network upgrade since 2012, and users and publications alike are still trying to figure out what Taproot...

Nov 17 2021

Bitcoin Lightning Network Capacity Strikes New All-Time High: Factors

The rise of The Lightning Network is one of the most important stories of the year. On its back, El Salvador could adopt Bitcoin as legal tender. Bitcoin Beach’s implementation of The Lightning Network served as a use case that showed that it could be used to transact in the country as a whole. Since then, the network keeps growing day after day,...

Nov 14 2021

Taproot Is Live! The Community Reacts To Bitcoin’s First Upgrade Since 2017

Ladies and gentlemen, we live in a Taproot world. The update will enhance Bitcoin’s performance and enable smart contract deployment. Starting today, all transactions in the Bitcoin network look alike, improving privacy. It doesn’t even matter how the market reacts. It’s a great day for Bitcoin and the community is celebrating it as such, sharing information and working on what’s now possible....

Nov 12 2021

The Andy Milonakis NFT Show, EP. 12 – How Andy Got A Bored Ape & A Cryptopunk

Tonight, on The Andy Milonakis NFT Show: A series of fortunate events lead our hero to finally buy the Bored Ape he’s been craving for. And after that, he got a Cryptopunk. Milonakis is finally in the big leagues as a collector. But, how did he get there? It all started in the...

Nov 11 2021

Dogecoin Holder And Rapper Meek Mill Wants His Next Record Deal Paid In Bitcoin

The Pay Me In Bitcoin movement has a new member, Meek Mill. Through an Instagram story, the superstar rapper announced that he wants to get paid in Bitcoin. If successful, Meek Mill will follow Atlanta MC Money Man’s footsteps. Money Man recently got a $1M advance in Bitcoin from record label Empire, and thus became the first rapper to do so. But back...

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