Amazing Crypto

Category: Technology

  • Blockchain to be regulated by China’s central bank

    The People’s Bank of China (PBoC) wants to create a better standard for regulating new technologies in the financial industry. According to Xinhua News Agency, the regulations will apply to 17 different categories in the fintech industry, including blockchain, AI, and cloud services. PBoC spearheads effort to regulate fintech industry After months of uncertainty regarding…

  • Devs Reveal BCH Cashchannels and Simple Escrow Contracts

    Devs Reveal BCH Cashchannels and Simple Escrow Contracts

    Bitcoin Cash (BCH) supporters have been introduced to two new concepts that allow people to leverage the BCH network in a variety of innovative ways. On November 15, former Bitpay developer Jason Dreyzehner revealed his recurring payments system for BCH called Cashchannels. A few days later, on November 18, Karol Trzeszczkowski published a plugin for…

  • More than 1.6 million bitcoins are lost forever

    According to the latest CoinMetrics report, more than 1.6 million bitcoins have been lost forever, either through duplicate transactions, unclaimed rewards, or thefts. Despite the report offering one of the most conservative estimates as to how many coins are lost, it still showed that Bitcoin is getting scarcer with each passing day. Calculating Bitcoin’s circulating…

  • Cointext Founder Publishes New ‘Postage’ Specs for SLP Tokens

    Cointext Founder Publishes New ‘Postage’ Specs for SLP Tokens

    [youtube https://www.youtube.com/watch?v=IATkQEdRdVI&w=560&h=349] On November 18, Cointext founder Vin Armani published a blog post that describes a new system called the ‘Simple Ledger Postage Protocol.’ The SLP concept allows wallets to send SLP tokens without having to use bitcoin cash (BCH) as ‘gas’ to forward transactions. Also Read: Bitcoin Cash Community Funds Eatbch Trip to Ghana…

  • Block.one CEO Brendan Blumer says real adoption happening at the enterprise level

    Brendan Blumer, the founder and CEO of Block.one, believes that blockchain technology has created a huge social movement that enabled real adoption to happen on an enterprise level. During a panel at the Blocksberg Summit, Blumer shared his thoughts on EOSIO, Block.one’s ambitious blockchain project, saying the company’s goal is always to align with its…

  • DeversiFi CEO talks building on Ethereum in 2015 vs now, benefits of decentralized exchange and shares customer stories

    CryptoSlate recently caught up with Will Harborne, the co-founder and CEO of DeversiFi, a decentralized crypto exchange that was formerly known as Ethfinex. Even though decentralized exchanges are still in their infancy, in the five years since the first iterations launched (think EtherDelta), they have evolved to a point where they are now starting to…

  • Founders of privacy-focused Brave browser say they’re in an arms race they can win 

    In a Reddit AMA, the co-founders of Brave said that the battle for privacy was an arms race they can win thanks to the company’s ability to innovate quickly. The launch of Brave 1.0 invited many questions from the Reddit community, most of which focused on Brave’s mechanisms for securing data and preventing tracking. Building…

  • Bitcoin Cash successfully forked, but nobody seems to care

    Bitcoin Cash successfully forked, but nobody seems to care

    Bitcoin Cash has successfully gone through a scheduled fork at 12:00 GMT on Nov. 15, mostly adding minor upgrades to the code. However, unlike last year’s fork which gave birth to BSV, the event has come and gone largely unnoticed by the crypto community. BCH introduces minor upgrades to its code Bitcoin’s often contested offshoots…

  • Weiss Crypto Ratings says ‘Cardano is clearly superior to EOS’

    Weiss Crypto Ratings, a crypto and financial ratings company, managed to divide the crypto community on Twitter yet again by saying that Cardano is “clearly” superior to EOS. While many were arguing over the merits of each project, most agreed that the company has lost all of its credibility. Crypto rating company stirs the pot…

  • Could Linux help overcome blockchain’s usability challenge?

    2019 has been a good year for Bitcoin and cryptocurrencies. An influx of institutional money and Facebook announcing its Libra plans have provided a boost to the markets, lifting the total market cap from a just over $125 billion in the first quarter, to $240 billion currently. Nevertheless, blockchain still suffers from an adoption problem.…