Author Archives: Yehudah Lebrett

Co-Founder of MyEtherWallet: “We Have to be Ready for Mass Adoption”

Kosala Hemachandra, the co-founder of the leading online wallet service for Ethereum, MyEtherWallet, is warning the cryptocurrency industry that it is not yet ready for widespread use by the general public. In an exclusive interview with BitcoinBro.com, the first time he has spoken publicly since the highly public split with his business partner, he has […]

Is Quantum Computing a Real Threat to Bitcoin?

Quantum Computing

Bitcoin miners use their computing powers to solve cryptographic puzzles which, in turn, build up the blockchain by adding blocks of transactions. This process is fundamental to how Bitcoin transactions are authorised in the absence of a central authority, although the energy consumption involved has raised concerns. Now a new threat to the blockchain is […]

A Guide to Understanding Bitcoin’s Whitepaper | Download Now

A Guide to Understanding Bitcoin's Whitepaper

It has been a tumultuous few years for Bitcoin. Users of the currency have had to face a series of challenges ranging from government crackdowns to incompetent brokers. Yet despite this the underlying principle of Bitcoin, namely, that currency needn’t be dependent on centralised governments, has remained intact. In truth the Bitcoin story does not […]

Bitcoin and Government Regulation Globally

Global Regulations Bitcoin

Satoshi Nakamoto, the unidentified author of the Bitcoin white paper, described the cryptocurrency as a, “peer-to-peer version of electronic cash [that] would allow online payments to be sent directly from one party to another without going through a financial institution.” Those “financial institutions” that Nakamoto wished to bypass when conducting online commerce referred not only […]

Co-Founder of MyEtherWallet forms Rival Company

MEW Split

.The founders of the MyEtherWallet.com, which is a popular and free client-side interface that allows users to interact with the blockchain, have split up. In a lengthy blog post Taylor Monahan, who founded the company in 2015 with Kosala Hemachandra, announced that she has started a new rival company called MyCrypto which intends to offer […]

The End of the Tether?

Concept of Tether (or USDT) equals to1 US Dollar, Cryptocurrency

What is Tether? According to Tether’s website, “Tether converts cash in digital currency, to anchor or tether the value to the price of national currencies like the US dollar…” The primary manifestation of Tether is the “USDT”, the cryptocurrency coin which is pegged to the American dollar. In other words, in theory, for every USDT […]

Bitcoin Mining and Power Consumption Paper | Download Now

BitcoinBro has published a paper discussing the accuracy and utility of the publicly available power consumption estimates for Bitcoin miners. Bitcoin miners are owners of highly customised computers which attempt to solve complex cryptographic puzzles. This process groups together Bitcoin transactions which become validated once the group of transactions is added to a public ledger. […]