Category: Technology
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RTrade CEO talks Interplanetary File System (IPFS) – potential applications, challenges of good user experience for crypto/web3 devs, ETH 2.0 & ENS Domains
Derrick Foote is a Canadian web 3.0 entrepreneur dedicated to helping build Web 3.0 with trust and transparency, giving back data freedom and control online to the users. Actively involved in the Blockchain space since 2013 and a graduate of Oxford University Blockchain Strategy program, Derrick has spent years educating people on blockchain technology, managing…
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MakerDAO President talks multi-collateral Dai rollout, advantages of Dai Savings Rate, product roadmap and more
CryptoSlate recently had the opportunity to chat with Steven Becker, the President and COO of MakerDAO. MakerDAO is a unique dApp that generates Dai, the world’s first decentralized stablecoin that facilitates economic growth on the blockchain and economic empowerment with the blockchain. MakerDAO was recently in the news for the successful launch of multi-collateral Dai…
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Crypto community urges Jack Dorsey to memorialize Bitcoin pioneer Hal Finney’s Twitter account
As Twitter prepares for a massive cleanup of inactive accounts, the crypto community urged the company to memorialize the account of legendary programmer and early Bitcoin adopter Hal Finney. Finney, who died in 2014 due to complications of ALS, had his body cryogenically frozen in hopes to be revived in the future. Some Twitter accounts…
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Devs Discuss Formal Specification Project for Bitcoin Cash
On Monday, Bitcoin ABC’s lead developer Amaury Séchet explained in a blog post that Bitcoin Cash will be getting its own formal specification from Bitcoin Verde programmer Joshua Green. Séchet noted that although a slew of developers have written documentation, “the existing state of affairs is poorly documented.” Green and his team writing a formal…
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Cardano network snapshot most likely to happen on Nov. 29, Shelley testnet begins Dec. 9
After a successful balance check, IOHK released a tentative date for the final network snapshot for the incentivized testnet. According to Charles Hoskinson, the CEO of Cardano’s parent company IOHK, the snapshot will most likely happen on Nov. 29, while the incentivized testnet for Shelley will be released on Dec. 9. Tentative dates for the…
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Payment platform MoneyNetint wins award for most connections on the Ripple network
Global payment platform MoneyNetint has won Ripple’s Best Connector Award for outstanding business growth over the past year. In an email to CryptoSlate, the company said the award will help strengthen its foothold as a leader in cross-border payments and grow its user base around the world. Ripple awards global payment platform for exceptional growth…
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IOTA can now be used as a payment system for any game or app
An IOTA (MIOTA) developer successfully implemented the IOTA as a payment system that can be used in any game or app. The system works seamlessly across all platforms, including iOS, Android, Windows, WebAbb, Xbox, and Playstation 4. A new way to utilize IOTA as a payment system A promising and ambitious blockchain project, IOTA has…
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Charles Hoskinson says balance check was an overwhelming success
[youtube https://www.youtube.com/watch?v=lSVNj3g6sDM&w=560&h=349] The long-awaited balance snapshot for Cardano’s Shelley incentivized testnet was an overwhelming success. Charles Hoskinson, the CEO of IOHK, said that the company managed to achieve a lot in a short period of time even though it was facing issues during the check. Charles Hoskinson AMA from Dubai. Source: Youtube screengrab Successful balance…
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Crypto community divided over why the Lightning Network hasn’t seen more adoption
Despite being seen as a cure for all Bitcoin’s problems, the Lightning Network is yet to see major adoption and has recorded less than impressive network stats this year. Public opinion seems to be divided between those who believe its time is yet to come and those who say it never should have come in…
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Proof of History is the latest consensus model, but how does it compare to its predecessors?
Surely the greatest irony in the blockchain space is that there has never been any agreement on “the best” consensus model. Bitcoin and Ethereum are widely lauded for pioneering the concepts of blockchain and smart contract platforms respectively, but both also come under heavy criticism for their lack of scalability. The scalability challenge is largely…