Category: Technology
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Development has started on Litecoin privacy features, but crowdfund still needs $57,000 in donations
The development has officially begun on Litecoin’s implementation of Mimblewimble extension blocks, a feature that will bring confidentiality to the sixth-largest cryptocurrency by market capitalization. The news comes nearly a year after Litecoin creator Charlie Lee announced the intention to improve LTC’s fungibility by enabling confidential transactions, and a month after the Litecoin Foundation began…
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Veriblock Captured Close to 60% of BTC’s OP Return Transactions in 2019
During the course of 2019, the most used BTC-based OP_Return protocol, Veriblock, outshined Omni Layer outputs. According to statistics, Veriblock captured 57% of BTC’s OP_Return outputs in 2019. Ever since the protocol’s opcodes started dominating, a number of BTC influencers called the outputs “abuse” and “spam.” Also Read: Central Bank Gold Hoarding Hits 50-Year High…
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Meet Snowglobe: An Avalanche-Based Pre-Consensus Protocol for BCH
On December 20, BCHD and Openbazaar developer Tyler Smith published first draft specifications for a protocol he calls “Snowglobe.” Smith’s Github repository says that Snowglobe is a propagation protocol for nodes using Nakamoto Consensus and it uses an Avalanche-based consensus algorithm for the process. Also read: BCH Avalanche Transactions Show Finality Speeds 10x Faster Than…
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A Better Alternative to Banking – Club Swan
The crypto community has had a rough relationship with traditional financial institutions with limited solutions available. Around the world, both early and recent crypto users have had bank accounts closed, transactions rejected, unnecessary delays in receiving their funds, or worse. To add to this dilemma, the availability of trustworthy and regulated solutions where both your…
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There are now more than 350,000 verified publishers on Brave
Privacy-focused browser Brave shows no signs of slowing down as it reached a new milestone three weeks before the end of the year. According to data from BATGrowth, there are currently more than 350,000 verified publishers on the platform and over 220,000 BAT addresses. 350,000 publishers support Brave’s effort to revolutionize advertising Few companies in…
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Cardano’s Shelly testnet has ten times more staking pools than EOS and Tron
Cardano celebrated the launch of the Shelley incentivized testnet, as it debuted with hundreds of pools and over 2.6 billion ADA staked. The testnet currently has 281 staking pools, which is 10 times more than EOS’s 21 and Tron’s 26. Incentivized testnet shows promising results for Cardano After months of anticipation, the incentivized testnet for…
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Bloxroute Releases Blockchain Distribution Network for Ethereum and Bitcoin Cash
On December 3, the crypto software firm Bloxroute’s cofounder, Eyal Markovich, announced the launch of the startup’s Blockchain Distribution Network (BDN) Version 1. Markovich explained that the BDN V1 release is a milestone for the company and the scalability service aims to enable exponential blockchain scaling by propagating blocks and transactions faster. Also Read: 23…
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24K Casino Adds Ethereum
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. We live in an era where the latest technology profoundly shapes our daily lives. The past decade has…
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BitMEX enables lower withdrawal fees with native SegWit support
BitMEX, one of the largest crypto derivatives exchanges in the world, announced that it has added support for Bitcoin Bech32 addresses. According to the company’s announcement, users will now be able to withdraw to their SegWit addresses with lower fees and contribute to the reduction of blockweight usage on the platform. BitMEX enables withdrawals to…
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Cardano’s founder supports Twitter’s ambition for decentralized social media
Jack Dorsey, the founder and CEO of Twitter, revealed that the company will be spearheading an effort to create an open standard for decentralized social media. The company has created Blue Sky, a small independent team, to build the standard that will ultimately host Twitter, Dorsey said. Charles Hoskinson—Cardano’s founder and ex-Ethereum co-founder showed support…