FOR IMMEDIATE RELEASE
SHERIDAN, Wyo. — More than eight years since its unveiling, the world’s first cryptocurrency, Bitcoin, remains by far the best capitalized and most widely used. As new reports by Eastern Daily News make clear, however, Bitcoin’s future has become clouded by concerns about scaling and other issues.
With the cryptographic blockchain that underlies the virtual currency rapidly filling up and competitors learning from the pioneer’s missteps, those interested in the future of Bitcoin and other cryptocurrencies can always stay up to date at or on Facebook at Offering a regularly updated mix of trending news coverage ranging from technology, science, and entertainment to business, sports, arts, lifestyle, politics, and more, Eastern Daily News is a trusted, reliable source for news and analysis regarding Bitcoin and a huge range of other hot topics.
“Bitcoin and other cryptocurrencies have been in the news a great deal recently, and we’re proud to say that we have been keeping our readers informed of each and every new development,” said Eastern Daily News representative James Thompson, “From the recent rejection by the SEC of the Winklevoss brothers’ proposed ETF to the revelation that major exchange Coinbase will no longer cover transaction fees for clients, Bitcoin-related news has been breaking nonstop in recent weeks. We’re committed to covering every future development in the same penetrating, informative way that has made our updates so popular with so many readers. That is just as much true of Bitcoin and other cryptocurrencies as the huge range of other topics we cover.”
Released into the wild on January 3, 2009, by a pseudonymous creator whose true identity remains unknown, Bitcoin was the first virtual, distributed currency to embody ideas that had been circulating among cryptographers and futurists for years. Since then, the pioneering currency has been joined by dozens of others, many of whose designs reflect efforts to avoid what have become widely seen as weaknesses in the technological underpinnings of Bitcoin.
As detailed in recent coverage by Eastern Daily News, for example, one increasingly pressing concern has been the ability of Bitcoin’s virtual “blockchain” ledger to accommodate a steadily rising volume of transactions. Eastern Daily News reporters have investigated and analyzed how Bitcoin’s success has led to inflation in the fees paid to register transactions in the blockchain, a development some see as potentially undermining the cryptocurrency’s founding promise of low-cost, distributed commerce.
With many other challenges and opportunities facing Bitcoin and other cryptocurrencies, Eastern Daily News remains the single best source for those who wish to stay informed. Maintaining a huge range of coverage backed by a deep commitment to delivering reliable, incisive news and analysis, Eastern Daily News has quickly become a leading online news destination for many readers.
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Covering the full range of breaking and trending news in accurate, reliable fashion, Eastern Daily News is a top source of coverage and analysis for readers who strive to stay informed.