A very controversial problem today in cryptocurrency is the idea of “blocksize”, which has become unaddressed in the field over the past year. With concern growing over blockchain inflation and how well this technology will be able to scale, cryptocurrency Emercoin has taken a proactive approach and has granted Cointelegraph exclusive access to their solution. Every cryptocurrency can only spend the entire Unspent Transaction Output (UTXO) when making a transaction. When a wallet contains many past transactions and needs to make a new outgoing transaction (payment), the wallet will select the best subset of suitable UTXO's to generate the payment. …
What factors make Texas an ideal state for Bitcoin mining and Blockchain marketing, despite the reluctant attitude among governments and central banks around the globe towards the Cryptocurrency phenomenon? How ideal is the Bitcoin environment for the residents of the state? Are there any new frontiers for the oil and gas industry that are being created by Bitcoin in Texas? Cointelegraph decided to ask Robert Gonzalez about the problems of Bitcoin and the Blockchain in Texas. Mr. Gonzalez, the founder of UTXO, a Bitcoin mining company based in Houston Texas, says the goal of his company is in creating a …