Bitcoin‘s Lightning Network is popularly considered a poor scalability solution by the general crypto community but its supporters are adamant that its privacy feature is fundamentally secure. The aforementioned sentiment was discussed in a recent research paper released by three Hungarian Researchers. The paper titled “A Crypto-economic Traffic Analysis of Bitcoin’s Lightning Network” raised concerns...Read More
Bitcoin‘s Lightning Network has received a lot of flak over the years, but a majority of its criticism is due to lack of clarity. Although the scaling solution recently received support from major exchange Bitfinex, the community remained skeptical about LN’s functionality and application. Recent research provided by a group of Hungarian researchers sheds more...Read More
The growth of digital assets’ derivatives market underlined one of the key developments in 2019. Institutional involvement soared significantly as the likes of Fidelity and ICE’s Bakkt announced their presence in the crypto industry and other exchanges such as Binance, also launched their own futures platform. A majority of the exchanges launched Bitcoin or Ethereum...Read More
In theory, it should be easy to choose a cryptocurrency sign. Countless fiat currencies have popularized a single style — a letter with one or several strike-through bars, which should represent the stability of the currency. It’s a design that has been used all around the world: signs for the euro, the pound, the yen,...Read More
Systems similar to banks have existed since time immemorial: From barter system to lending gold coins. Though banks were in financial fashion, Internet has paved the way for a revolution more efficient. The shortcomings of the banking system resulted in the exclusion of over 1.7 billion individuals from the financial ecosystem. While people sought an...Read More
While the United States’ regulations surrounding blockchain technology or cryptocurrencies need clarity, other countries like China, Russia as well as Venezuela seem to be making headway. Recently, the Governor of Russia’s Central Bank, Elvira Nabiullina revealed that the country had been exploring the prospects of digital currencies and is even considering launching one that is...Read More
Scientific developments can have a major impact on society. It now appears that human teeth can simply be regrown through a relatively simple medical procedure. When an adult human loses a tooth, it will never come back. Regrowing Human Teeth With Stem Cells The only option to fill the gap is by using a fake...Read More
An Ethereum project migrating to the Tron blockchain was singled out and practically “erased,” highlighting inconsistencies in Tron’s supposed mission of decentralization and censorship resistance. In February, POP Network, a startup building better decentralized peer-to-peer media streaming, chose to migrate from Ethereum to Tron to take advantage of its greater speed. This is exactly the...Read More
Facebook‘s Libra has been in a tough spot since its inception. Though conceptualization was way back in July 2018, David Marcus and his team have faced constant pushbacks from policymakers and regulators across the globe. Speaking to Reuters, Patrik Ellis, one of the board members of Libra Association had stated, “At this stage, there is...Read More
Recently, on the Bitcoin & Co. podcast, host Anita Posch spoke to the co-founders of Braiins, who operate the world’s first Bitcoin mining pool, Slush Pool. During the interview, Jan Capek and Pavel Moravec spoke about the Bitcoin mining protocol, its flaws and ways to address them. As part of upgrades to their Braiins OS,...Read More
On the most recent episode of the Bitcoin & Co. podcast, Jan Capek and Pavel Moravec, CEOs and co-founders Braiins, the company operating the world’s first Bitcoin mining pool, Slush Pool, joined host Anita Posch to talk about Bitcoin mining, what it affects and what affects it. When asked about the energy cost of Bitcoin...Read More
YouTube faced criticism after it took down cryptocurrency and blockchain-related videos from its platform further categorizing it as harmful and dangerous content. While this enraged several Crypto YouTubers, they took to Twitter to express their agony and sought response from YouTube. While everyone thought that crypto YouTubers were the only ones that were affected, co-founder...Read More
New types of electronics tend to make their way to numerous car models. In the case of the latest Mazda3 generation of vehicles, not all forms of technology come without flaws. Mazda is one of the oldest car manufacturers in the world. Software Glitches Cause Problems for Mazda To remain competitive, the company has to...Read More
With China‘s advancement in the digital currency space and state-backed stablecoin, other countries are not particularly laying low in this matter. Russia is another country that has been prominent in the ‘state-backed’ digital currency space, with the sovereign state considering issuing a digital currency backed by gold. Elvira Nabiullina, Governor of Russia’s Central Bank, once...Read More
2019 for the Ethereum Classic was evidently eventful, with the Atlantis hard fork and the testnets for Agharta hard fork rolling out. While the ETC community is ending the year on a good note, the beginning of 2019 was quite contrary to the current scenario. In the second week of January 2019, the Ethereum Classic...Read More
2019 created many regulatory hurdles for crypto-businesses, mainly exchanges. Binance had to temporarily shut shops in the United States to comply with the regulatory norms, and soon launched its Binane U.S. platform to serve the customers in the country. However, Binance became a trendsetter, as many exchanges followed its lead and launched its own exchange...Read More
Be it South African Reserve Bank’s [SARB] calls for solutions providers for the creation of a digital currency that would allow consumers to transact without a bank account or Bitcoin’s interest spiking in the African nations, as cited by the Google Trends data, Africa’s crypto market is thriving. Talking about the latest OKEx Africa Cryptotour,...Read More
The cryptocurrency market in 2019 underwent a rough journey, with major cryptos riding the tides one moment, and collapsing the other. Bitcoin, that noted triple digits YTD returns until earlier this year, remained profitable with 86% yield, at press time, to the investors. The price of the coin peaked in 2019 at $13,880 on 26...Read More
Xilinx, a Fortune 1000 semiconductor company specializing in FPGAs, is entering the crypto mining market, said sources. This poses a threat to coins with “vulnerable” mining algorithms such Ravencoin, Nervos, and others. Xilinx is a semiconductor company with a market capitalization of over $24 billion. Recently, leaked communications from within the firm show that they...Read More
The Ethereum network is undergoing upgrade spree; just days before Istanbul, developers of the network revealed Muir Glacier. Named after a receding glacier in the United States, Muir Glacier was put forth to delay Ice Age which is also known as the difficulty bomb. This hard fork would delay the difficulty bomb for another 4...Read More
We’re almost in another halving year. The third Bitcoin halving is slated to be one of the biggest events since the inception of the cryptocurrency. Scheduled for 14, May 2020, the reduction of the block rewards is expected to lead to a price increase owing to the principles of supply and demand, but on the...Read More
Ethereum co-founder Vitalik Buterin recently posted an alternative proposal for an early transition to Ethereum 2.0 that “achieves the goal of getting rid of the PoW chain and moving everything onto the beacon chain on an accelerated schedule.” According to Buterin, this proposal will require stateless clients, but not stateless miners and web assembly, meaning...Read More
Ethereum co-founder Vitalik Buterin suggested a faster way to migrate data to ETH 2.0, meaning the long-awaited upgrade may come sooner than expected. In an Ethresear.ch proposal dated Dec. 23, Buterin described a way to do away with Ethereum 1.0’s current proof-of-work blockchain. This would allow the project to merge with Ethereum 2.0’s beacon chain...Read More
In another boost for the XRP ecosystem, Bitrue, a Singapore-based cryptocurrency exchange announced that it will soon list 27 new XRP pairs on its platform. With XRP as the base pair, the first 14 coins to be paired with it will be opened for deposits and withdrawals starting on 23rd December. The official blog post...Read More
A question that has been debated since the Dot.com bubble is the emergence of the online marketplace. One of the most publicized flameouts of the internet bubble was Pets.com, an online pet store. Soon after its IPO in 2000, that raised $82 million, the company ran out of money and joined the list of some...Read More
“Privacy is not something that I’m merely entitled to, it’s an absolute prerequisite” ~ Marlon Brando Privacy in itself is a spectrum; the meaning differs from one person to another. There are people who are absolutely fine with being completely surveilled on, there are people who are okay with partial surveillance, and there are also...Read More
Staking seems to be doing rounds in the cryptocurrency industry and the CZ led platform rolled out Binance Staking back in September. The platform started off staking services for just Algorand’s ALGO and Stellar’s XLM; the platform has witnessed the addition of several other currencies ever since. More recently, Binance’s research platform shared a post...Read More
Ethereum Foundation officially announced that the network will be undergoing a scheduled upgrade on block number 9,200,000 for Muir Glacier. This upgrade which follows Istanbul is expected to be activated on the mainnet around January 01, 2020, at Block number 9,200,000 Ethereum Foundation’s tweet read, “[IMPORTANT] Upgrade your nodes for the Muir Glacier upgrade happening...Read More
Mass surveillance can come in many different ways. Few people would expect balloons in the stratosphere to post a massive threat to consumer privacy. The concept of launching balloons into the stratosphere is not novel by any means. Balloons are a Powerful Surveillance Tool In the US, there is a dedicated launch pad for such...Read More
While many in the crypto industry focus only on the monetary aspects of Bitcoin, the cryptocurrency and its respective blockchain have a technical side too, a side that isn’t often focused on.John Newbery, a developer at Bitcoin-centric development firm Chaincode Labs, recently broke down where he expects the network’s technical development trajectory to head next.Related...Read More
