Category: Technology
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How Merge Mining and Anchored Blockchain Projects Capitalize on Bitcoin’s Security Model
[youtube https://www.youtube.com/watch?v=anj4BCs8GaI&w=560&h=349] Since 2011, just after Satoshi Nakamoto left the Bitcoin project for good, networks have emerged that leverage the BTC chain in some way. A variety of projects over the last nine years have found value in anchoring some sort of feature set to BTC in order to bolster the satellite’s underlying network. The…
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Hedera Hashgraph sacrifices decentralization for high throughput, says developer
Hedera Hashgraph could be making fundamental tradeoffs to achieve its touted 10,000+ transactions per second. These tradeoffs make it one of the most centralized networks on the market, argues well-known crypto developer Eric Wall. A buzzword-powered blockchain that wants to change the world Less than a year old, the Hedera Hashgraph network has been marketed…
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Ethereum ProgPOW author uninvited from ETC Summit due to Craig Wright association
Kristy-Leigh Minehan, the creator of Ethereum’s progressive proof-of-work algorithm, was uninvited from ETC Summit. Bob Summerwill, the summit organizer for ETC Cooperative, said he withdrew Minehan’s invitation due to her connections with Craig Wright and Calvin Ayre. Connections to Craig Wright? The Ethereum Classic Summit scheduled for Oct. 3 is now one speaker short. Kristy-Leigh…
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BCH Microblog ‘Member’ Shows the Future of Reddit-Like Forums
[youtube https://www.youtube.com/watch?v=HAL3y80PA5I&w=560&h=349] Since the Bitcoin Cash upgrade in May 2018, software developers have unleashed a slew of microblogging protocols that utilize OP_return transactions. One application called Member is a BCH-based browser that makes use of these types of transactions and the extra space added to the data carrier size. While still in its infancy, the…
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Company behind CryptoKitties raises $11 million to create new blockchain
DapperLabs, the company that created the popular CryptoKitties Ethereum collectibles game, announced the launch of its new blockchain platform—Flow. The company secured $11 million in funding from Warner, Andreessen Horowitz, and Venrock to create a developer-friendly blockchain. DapperLabs raises $11 million for new blockchain platform aimed at games The creators of one of the most…
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CasperLabs raises $14.5 million to build a better Ethereum
CasperLabs, a startup attempting to crack the blockchain scalability problem, raised $14.5 million in a series A round to build a faster, safer, and more efficient proof-of-stake blockchain—a lot like Ethereum. Financing innovation The round was led by Terren Fiezer—a financier who has held senior senior executive positions at Goldman Sachs, First Boston, and Drexel…
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Former Coinbase CTO believes blockchain phones could be the solution to deepfake AI scams
After unidentified criminals used AI-assisted audio deepfakes to steal more than $240,000, former Coinbase CTO Balaji Srinivasan suggested that blockchain-enabled phones could be the solution to call authentication. While Srinivasan himself said that the technology is yet to come to life, many argued that such security measures already exist and don’t need blockchain at all.…
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Huobi 6th Prime Project to launch blockchain phone aimed at Asia
Chinese crypto exchange Huobi will make its first foray into a physical product with the launch of its sixth token offering on IEO platform, Huobi Prime. Huobi traders will have the opportunity to purchase NODE, the token of Whole Network and its blockchain phone, Acute Angle, during two trading rounds on September 11. However, as…
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NEO’s push to supplant Ethereum as the most developer friendly blockchain
NEO is aggressively expending resources to compete with Ethereum in a race to become the most “developer friendly” blockchain. Supported by several Microsoft veterans, the project is leading an ambitious build-out of the platform’s core capabilities with a treasury worth more than half a billion dollars. History behind NEO NEO is a smart contract platform founded…
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Bitcoin Cash-Powered File Storage Concept Sparks Interest and Debate
Bitcoin Cash (BCH) proponents were introduced to a new project called the Cashweb protocol on Friday. The blockchain file sharing scheme allows people to store and load arbitrary data to the BCH chain. While the new protocol still has “a long way to go,” the developer decided to share his creation with the BCH community…