ZCash Halo Breakthrough May Benefit All Cryptocurrencies

October 16, 2019  /  by Crypto.IQ
The Electric Coin Company (ECC), the company behind ZCash (ZEC) and its protocol development, revealed that their engineer Sean Bowe uncovered an improved trustless cryptographic proving system. Halo is a proof that verifies the correctness of another instance of itself in a trustless manner. This allows even large computation efforts and data to be checked… Read more

Gartner: Blockchain Tech Still in the Trough of Disillusionment

October 14, 2019  /  by Crypto.IQ
According to a leading research and advisory company, Gartner, Blockchain technology is sliding into the Trough of Disillusionment and is not going to climb out of it until 2021. The Trough of Disillusionment is the 3rd stage in Gartner’s Hype Cycle, which is a graphical representation showing a series of milestones emerging technologies and markets… Read more

Ravencoin to Fork to Combat ASIC’s

September 30, 2019  /  by Crypto.IQ
Forks are a normal phenomenon in the cryptocurrency industry. One of the latest networks set to undergo a fork is Ravencoin. Ravencoin is a network conceived for asset tokenization, and that was born with the mindset that mining efforts should be as decentralized as possible. Designed to be ASIC-resistant, Ravencoin’s algorithm X16R rotates through a… Read more

Most Crypto Projects Still BUIDLing But Some Went Silent

September 28, 2019  /  by Crypto.IQ
GitHub and development activity has always been one of the indicators investors look at when assessing a cryptocurrency project. Some will consistently have high activity on their repositories, while others will flat-line as they become overwhelmed by challenges – financial or operational. The beauty of open-source software is that anyone can check up on a… Read more

Number Of Nodes on Lighting Network Up By over 3% To 10,000

September 27, 2019  /  by Crypto.IQ
In the last few weeks, the number of nodes on the Bitcoin Lightning Network has grown by 3.1% to hit 10,000. Although the number of nodes is small compared to the 100,000 nodes of the Bitcoin network, it still represents rapid growth for the Lightning Network. Lightning Network enabling faster transactions The Lightning Network is… Read more

Quantum Supremacy Achieved: A Long Term Threat to ‘Classical’ Cryptocurrencies

September 26, 2019  /  by Zachary Mashiach
Google and NASA have jointly developed the most powerful quantum computer in history and have achieved the long sought after goal of quantum supremacy. Apparently the paper published about this development was not supposed to be posted yet and was quickly deleted, but fortunately, it was saved by internet users before being taken offline. This… Read more

Zap Wallet Boasts Easy Fiat to Lightning Access but Does Not Deliver

September 24, 2019  /  by Zachary Mashiach
The Zap wallet is a Lightning Network client that enables instant and low fee Bitcoin (BTC) transactions. On Sept. 19, Zap announced a new service called Olympus where users could instantly buy Bitcoin (BTC) with fiat inside the Zap wallet.  You can watch a video of this process here.  Notably, the Bitcoin (BTC) is delivered… Read more

Blockchain Will Revolutionize Most Industries Within A Decade: Gartner

September 19, 2019  /  by Mike Torres
Gartner, the IT service management company, foresees blockchain taking over most industries within the next 10 years. Gartner expressed these thoughts through a press release that was accompanied by its Hype Cycle for Blockchain research 2019, published on September 12th. This Hype Cycle report from Gartner gives “an overview of how blockchain capabilities are evolving… Read more

Ethereum Classic (ETC) Upgrades with Atlantis Hard Fork

September 16, 2019  /  by Crypto.IQ
The team behind Ethereum Classic (ETC) has successfully activated the Atlantis hard fork upgrade which brings additional functionality and compatibility with Ethereum (ETH). With the hard fork completed at block 8,772,000, all software users are required to upgrade their clients in order to continue using the main chain. Afri Schoedon coordinated the upgrade process and… Read more

BTCC Founder Bobby Lee Unveils New Hardware Wallet Supporting Over 30 Cryptocurrencies

September 13, 2019  /  by Crypto.IQ
Bobby Lee, the founder of the first Bitcoin exchange in China, is back with the launch of a new wallet. Lee is back in business with a new startup called Ballet hardly a year after he sold BTCC. On Thursday, Lee announced that his startup Ballet would be rolling out a hardware wallet that supports… Read more
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