Category: Technology

Lightning Network’s Antifraud Methods Inferior to Nakamoto Consensus, Research Shows

The Lightning Network, the touted scaling solution for the BTC chain, has recently seen its capacity decrease significantly and the beta project is still best suited for a cliche of technically savvy users. Now according to an analysis by Bitmex Research, the Lightning Network’s nodes have taken 2.2 BTC in “justice transactions” even though the…

July 17, 2019
Senate hostile towards Libra, Facebook suggests regulators must act or risk losing US dollar dominance to Bitcoin

The focus of the hearing between Facebook’s David Marcus and the Senate on the Libra cryptocurrency was trust—or the lack thereof. Marcus, the head of Calibra, strongly suggested that if the U.S. doesn’t act quickly, Bitcoin could jeopardize the dollar’s dominance. Meanwhile, the Senate Committee was hostile towards the social media giant because of its…

July 16, 2019
How to Create and Airdrop Your Own Token to Your Friends

Roughly a year ago, the Simple Ledger Protocol (SLP) debuted on the Bitcoin Cash (BCH) network, giving anyone the ability to mint, store, receive, and send SLP tokens. Since then there’s been a ton of tokens created on the BCH network as the simplicity of the system outpaces tokens built on alternative chains like ERC20s…

July 16, 2019
Growing hashpower means Bitcoin and Bitcoin Cash could halve at the same time

Despite an initial difference in mining speed between the two Bitcoin forks, an increase in BTC’s hashpower has been steadily narrowing Bitcoin’s supply lead. If Bitcoin continues to outpace Bitcoin Cash, the two could halve at around the same time. Incredibly fast BCH mining leaves Bitcoin in the dust Ever since it forked back in…

July 15, 2019
Samsung releases Ethereum blockchain SDK beta for the latest Galaxy smartphones

In Samsung’s latest move into crypto, the electronics juggernaut made the beta version of its blockchain SDK for the Ethereum blockchain available to partner developers. The kit provides additional tools for dApp and blockchain mobile development on the latest Galaxy smartphones. Samsung announced the beta version of its blockchain software development kit (SDK) is available…

July 9, 2019
Tether slowly migrating from the Bitcoin to Ethereum blockchain

Tether’s USDT is steadily migrating from Bitcoin Omni-based addresses to Ethereum-based ones, with 40 percent of USDT now using the ERC-20 standard. Major cryptocurrency exchanges Binance and Poloniex announced they were both moving their Tether addresses from Omni. Tether addresses switching from Omni to ERC-20 While Bitcoin dominance over the cryptocurrency market is undisputed, Bitcoin-based protocols…

July 5, 2019
Trinity wallet review, IOTA Foundation’s newly released software wallet

The IOTA Foundation announced the full release of its Trinity wallet for mobile and desktop. The wallet simplifies the process for storing seeds and sending and receiving tokens. Read our full test and review of the wallet. The IOTA Foundation announced the full release of Trinity following the completion of an audit on the wallet…

July 2, 2019
Litecoin and DigiByte founders cryptographically proved they created their blockchains, why can’t Craig Wright?

In May 2016, Charlie Lee and Jared Tate, the creators of Litecoin and DigiByte, cryptographically proved they were the creators of their blockchain platforms in less than a minute. If Craig Wright is truly Satoshi Nakamoto as he claims, why doesn’t he do the same on the Bitcoin blockchain? A single signature could end the Craig Wright…

June 29, 2019
Seattle Devcon bringing the PNW blockchain community together this Saturday

Seattle continues to grow as a hub of blockchain activity in the Pacific Northwest. Seattle Devcon, a blockchain and cryptocurrency agnostic conference, will be bringing the community together on Saturday, June 29, and will feature 50 talks and host over 400 attendees over this weekend. Home to tech giants like Amazon and Microsoft, Seattle continued…

June 27, 2019
IOTA Foundation showcases improved algorithm with better security and scalability

The IOTA Foundation recently presented a research paper with a novel algorithm for improving the network’s ability to combat spam attacks and congestion. The algorithm takes elements from proof-of-work algorithms, like Bitcoin’s, and proof-of-stake algorithms, like that being developed for Ethereum. Improving the IOTA algorithm The paper, “Achieving Fairness in the Tangle through an Adaptive…

June 25, 2019