Amazing Crypto

Category: Technology

  • Ripple’s Xpring aims to make XRP the internet of money

    Xpring, an initiative by Ripple, is launching a platform to provide tools, services and programs for developers to easily build applications with payment gateways using fiat and crypto, particularly XRP. In an interview with Forbes, the senior vice president at Xpring, Ethan Beard, said that the platform will be directed at developers not only involved…

  • Software Engineer Reveals Oracle Creation Platform for Bitcoin Cash

    Software Engineer Reveals Oracle Creation Platform for Bitcoin Cash

    On September 23, Bitcoin Cash (BCH) developer Gabriel Cardona revealed a project called Oracles.cash, a platform he constructed at the Wyohackathon. The application allows anyone to launch oracles on the BCH chain for things like prediction markets, trust-less wagers, and BCH contracts tethered to real-world events. Also read: Bitcoin Cash Acceptance and Community Growth Ramp…

  • New Ethereum ASIC dominates GPU mining performance

    Canaan unveiled a new Ethereum ASIC that’s more than 5-times more efficient than commercially available GPUs. This doesn’t bode well for small-scale miners and threatens to potentially increase centralization of the network. A new Ethash ASIC Today at the New Era Mining Summit in China, Canaan unveiled a new Ethereum Ethash ASIC. The ASIC would…

  • NASA to Launch Bitcoin to the Moon? Space Agency Seeks Crypto Experience

    NASA to Launch Bitcoin to the Moon? Space Agency Seeks Crypto Experience

    Could experience with cryptocurrency help you become a better space scientist? NASA seems to think so. The U.S. aeronautics agency is looking for a big data scientist and specifically mentions that experience with cryptocurrency and blockchain could help you get the job. Also Read: Esports, Cannabis and BCH: First AMA With Bitcoin.com CEO Stefan Rust…

  • What is Proof of Work?

    If you solved a really complicated math problem all by yourself, you’d obviously want credit for it. This is the central idea behind “proof of work,” the consensus mechanism that powers Bitcoin and a number of other assorted cryptocurrencies. Crypto miners around the world run computer systems that process transactions on these decentralized networks, performing…

  • ProgPOW author steps down as Core Scientific CTO, vows to implement algorithm on Ethereum

    Kristy-Leigh Minehan, the author of ProgPOW, stepped down as CTO of Core Scientific to focus on ensuring the disputed algorithm gets implemented on Ethereum. Core Scientific loses its CTO, ProgPOW gains a leader Hours ago, Kristy-Leigh Minehan announced she was stepping down as CTO to focus on ensuring the ProgPOW algorithm is implemented on Ethereum.…

  • Ethereum miners increase network capacity by 20% in response to congestion

    Miners have expanded the gas limit on Ethereum by 20 percent over the last 10 days, helping address congestion and highlighting an innovative network capability. Over the last quarter, Ethereum has been plagued with congestion as network utilization began to regularly exceed 90 percent. As a result, average transaction fees, in dollar figures, have more…

  • NEO joins Microsoft-created .NET Foundation as first blockchain member

    NEO joined the Microsoft-created .NET Foundation as a member, the first blockchain organization to do so. It seems the project’s newest executive, Microsoft veteran John deVadoss, is making good use of his connections. It appears NEO’s newest executives are flexing their connections at Microsoft. John deVadoss, the current head of NEO’s Seattle-based development push, was…

  • EOS.IO successfully upgrades to version 1.8 in first consensus hard fork

    EOSIO successfully implemented its first ever consensus hard fork in its v1.8 upgrade. The new version brings “major enhancements” to the blockchain in hopes of “paving the way for a more secure and scalable future.” Improvements to the EOSIO blockchain The version 1.8 upgrade focuses on allowing users to interact with the EOSIO blockchain more…

  • What Google’s Quantum Breakthrough Means for Blockchain Cryptography

    What Google’s Quantum Breakthrough Means for Blockchain Cryptography

    We’ve been warned for years that a quantum computing breakthrough is just around the corner. When that day comes, we’re told, it could render existing encryption standards obsolete, threatening the security of every major blockchain. It seems that day has finally arrived, with Google achieving “quantum supremacy.” Impressive as the feat is, however, it doesn’t…