Category: Technology

Ethereum’s .org website now uploaded on IPFS: What is IPFS and how does it differ from blockchain?

The popular Ethereum Foundation website Ethereum.org is now operating on the Interplanetary File System (IPFS), according to Ethereum co-founder Vitalik Buterin. Many users confuse IPFS as a blockchain network. The closest system resembling IPFS is the HTTP; simply put, IPFS is a decentralized version of the web. The https://t.co/KSm7V48P4y website is now on IPFS and…

April 1, 2020
Charles Hoskinson: It will be easier to issue and maintain digital assets on Cardano (ADA) than Ethereum

Charles Hoskinson, the CEO of IOHK, said that the huge amount of time, effort, and money spent has resulted in a unique product on the market that’s set to fulfill even the highest expectations. It will be easier to issue and maintain digital assets on Cardano than it currently is on Ethereum, Hoskinson said. IOHK,…

March 31, 2020
Smart contracts could overtake simple transactions on the Ethereum network

Complex transactions on Ethereum are on their way to overtake simple transfers, data has shown, pointing to the fact that the network could be regaining dominance from Bitcoin. According to an analysis from Defiant, transactions with smart contract executions have grown relative to transactions with simple token transfers. Second-generation blockchains are seeing more usage The…

March 27, 2020
IOHK releases Carano (ADA) scaling protocol Hydra, reboots Byron codebase

IOHK, the company behind the Cardano (ADA) blockchain, has announced the launch of the Ouroboros Hydra protocol. IOHK explained that the scaling protocol will enable Cardano to handle up to 1 million transactions per second and facilitate micro-transactions that will lead to an uptick in crypto payments globally. In a press release shared with CryptoSlate,…

March 27, 2020
Bitcoin difficulty dropping isn’t all that positive as many claim, as seen in Dec 2018

The difficulty of mining Bitcoin has dropped by more than 10 percent for the fifth time in the asset’s history. It previously marked the bottom of BTC, but not every time. In the first week of December 2018, the difficulty of Bitcoin mining dropped by 15.13 percent. Yet, BTC did not recover until four months…

March 26, 2020
Anonymous Bitcoin SV Miners Capture 55% of the Network Hashrate

The Bitcoin SV network has been a topic of conversation recently as stealth miners currently command more than 55% of the chain’s overall hashrate during the last seven days. Last year analysts noticed a large amount of the hashrate on all three SHA256 networks (BTC, BCH, and BSV) was being processed by mystery miners. Since…

March 24, 2020
Cardano (ADA) Foundation engages in decentralized computing effort to fight COVID-19

The Cardano Foundation has called on the community to support a distributed computing project aimed at developing a vaccine for the coronavirus. A large number of its staff has decided to take part in the Folding@Home project, giving out their personal computers’ CPU to power scientific research. Distributed computing to the rescue The Cardano Foundation,…

March 22, 2020
Countdown to Block Reward Reduction – 18 Days Until Bitcoin Cash Halving

In 18 days, the Bitcoin Cash (BCH) network will see its next halving as the block reward will decrease from 12.5 to 6.25 coins on or around April 8, 2020. BCH will be the first blockchain out of the top three SHA256 networks to halve as BSV will see a reward reduction two days after…

March 20, 2020
Bitcoin smart contract platforms RSK and RIF get new AML solutions from Coinfirm

Tech regulatory company Coinfirm has announced that it will begin providing RSK and RIF protocols with an anti-money laundering compliance solution. According to a press release shared with CryptoSlate, the company partnered with IOV Labs to deliver the solutions that will enable traditional financial institutions to engage with the two Bitcoin second-layer solutions. Second layer…

March 20, 2020
Cardano (ADA) Update : Byron, Shelley, Hydra releases almost ready to be deployed

Charles Hoskinson, the CEO of IOHK, assured the community that all Cardano (ADA) releases are going according to plan and everything is moving forward at a rapid pace. Hoskinson’s latest update came as IOHK celebrated its 5th birthday and looked back at the accomplishments made in the past years. Upcoming Cardano Releases The development process…

March 12, 2020