StarkWare CEO Eli Ben-Sasson reignited debate over Bitcoin's fixed 21 million supply cap by proposing an annual issuance limit of up to 4% to offset lost private keys. He argues that lost keys reduce the usable Bitcoin supply over time, making the fixed cap less practical. Bitcoin supporters rejected this idea, emphasizing that the 21 million cap is central to Bitcoin's value and scarcity, with lost coins seen as enhancing scarcity rather than a problem. An alternative model from Zcash suggests burning and reissuing coins without raising the supply cap, highlighting ongoing discussions about Bitcoin's monetary policy amid strong resistance to changing its core rules.
Michael Coates has been appointed Chief Information Security Officer at the Solana Foundation, bringing his extensive security leadership experience from Mozilla, Twitter, and Altitude Networks. He aims to enhance security across Solana's blockchain ...
Japan's prolonged yen weakness is driving more companies to adopt cryptocurrencies like Bitcoin and XRP as alternatives to holding cash. SBI VC Trade, a crypto exchange by SBI Holdings, reports increased corporate demand and a doubling of registered ...
Vistry Group expects a first-half loss of about £30 million due to CEO Adam Daniels accelerating debt reduction, stock cuts, and operational changes. Despite a £50 million hit from discounts, asset sales, and landbank reductions, the company would ha...
Zoom Video Communications is positioned to gain from AI integration in the workplace, which is increasing the frequency of meetings rather than reducing them. While AI automates routine tasks, it still needs human oversight, driving demand for collab...
StarkWare CEO Eli Ben-Sasson proposed replacing Bitcoin's fixed 21 million coin supply cap with a 4% annual issuance rate, arguing that lost private keys reduce accessible Bitcoin over time. This suggestion reignited debate as many Bitcoin supporters...
