Blockchain technology company Tieron is working with the Connecticut Technology Council (CTC), a non-profit organization encouraging local technology development. With this partnership, the CTC and Tieron plan to run a trial on finding government survey data using blockchain technology. Blockchain is the public ledger of bitcoin transactions, which are updated and verified by a network of computers solving complex algorithms in a process known as bitcoin mining. While bitcoin enjoyed its claim to fame a few years back, blockchain technology is gaining more attention these days thanks to its practical applications in record-keeping or data transfer. Blockchain Technology and Data Tierion CEO Wayne Vaughan clarified that the company’s blockchain technology…
Barclays has recently announced to accept Bitcoin, a decentralized digital currency, as a form of donations for charities. According to the The Sunday Times, the British multinational banking services company formed a strategic partnership with an unnamed Bitcoin exchange to feed its purpose to “experiment” with the controversial payment technology. The pilot program is further believed to go on floors by the end of this year, with the sole aim to bring Bitcoin into the mainstreams. But for many, Barclays is being too cautious in its approach to embrace the Bitcoin technology. The company’s decision to limit the digital currency’s applicability to donations justifies its fears of negative outcomes. Bitcoin’s use in charities is reportedly on decline. It is…
AT&T has confirmed it is not intentionally blocking customers from using their bitcoin ports, contrary to some allegations in recent days. DSLReports.com, a website that reviews ISPs and conducts Internet speed connection tests, reported yesterday that AT&T confirmed that the company does not block the bitcoin port 8333 or attempt to block bitcoin nodes for its customers. Any customer experiencing a problem should contact AT&T customer care, the company stated. The situation would not be worth mentioning except for the fact that the topic has generated discussion on various websites, DSLReports noted. On Tuesday, a Reddit post stated: AT&T has effectively banned Bitcoin nodes by closing port 8333 via a hidden firewall in the cable box. CCN…
CCN reached out to the Bitcoin Community via various sources, including Reddit, BitcoinTalk, and our own contacts, in order to gauge the sentiment of the Bitcoin Community in survey form. Included are our answers. Of the more than 130 people who took our survey, 56.3% believed that Bitcoin should use Bitcoin-XT. 81.6% believe the block size limit should be increased, assuming nobody believes it should be decreased. As far as the amount of influence Bitcoin developers have over the Bitcoin software, many showed signs of uneasiness. More than 50% claim the debate and divisiveness over Bitcoin-XT has damaged their trust in Bitcoin and/or the Bitcoin Community. Some of the most notable comments are as follows: “Bitcoin needs bigger blocks. It’s an…
By default, Bitcoin clients connect to other bitcoin nodes on TCP port 8333. If a user wants their Bitcoin client to connect to other nodes, they will need to allow outgoing TCP connections on port 8333, and also will need to have the ability to accept connections on that same port. Some Bitcoin users have reported issues attempting to connect or receive connections to their bitcoin clients across port 8333. After spending an entire day effortlessly trying to get a bitcoin client working from a home computer, one AT&T Uverse customer called customer support. After hours of phone calls and messaging AT&T finally told me the truth of what was going on, and only because I noticed it myself and demanded an answer. The internet is being routed through a…