Erlay Proposal Would Decrease Bandwidth Usage of Bitcoin (BTC ) Nodes by 40%, Making the Bitcoin (BTC) Network Scalable and More Secure

June 12, 2019  /  by Zachary Mashiach
Bitcoin (BTC) developers Gleb Naumeko, Gregory Maxwell, and Peter Wuille published a paper titled “Bandwidth-Efficient Transaction Relay in Bitcoin” on June 3 that describes a new Bitcoin (BTC) transaction relay protocol nicknamed Erlay. This protocol would decrease the bandwidth consumption of Bitcoin (BTC) full nodes by 40% and, more importantly, allow the number of Bitcoin… Read more

Blockchain Scaling: Relax and Trust the Process

June 5, 2019  /  by Steven Lubka
The process of technology discovery, innovation, and improvement is a fundamentally human story. When humans discover a new technology or application, there is, over time, a continuous process during which that technology becomes refined. We know a lot more about making a wheel today than we did thousands of years ago, and we will know… Read more

Is There a Quantum Threat To Bitcoin (BTC)?

May 23, 2019  /  by Zachary Mashiach
Quantum computers have the potential to be the next big leap forward for humankind. However, there has long been speculation that quantum computers could become so powerful that they could break through Bitcoin’s cryptography — and the cryptography of all other cryptocurrencies and blockchains for that matter. If this happens, hackers with quantum computers could… Read more

BLOCKv’s Butterfly Effect

May 6, 2019  /  by Ronald Tichenor
Imagine this: you are walking down the streets of New York City at night. You stop at Times Square and look up. Through your augmented reality glasses, overlaying the bright lights and bustle of the physical scene, you see a virtual landscape filled with graphical icons, avatars, and digital critters floating and flitting about. Autonomous… Read more

Mobile Wallet to Shatter Barrier to Financial Markets Using Bitcoin (BTC) and Litecoin (LTC)

February 13, 2019  /  by Angel Reyes
Momentum builds for mobile investment app Abra after a recent announcement to roll out worldwide investment access. People in 155 countries around the world will be able to invest in stocks, ETFs, commodities, cryptocurrencies, and fiat currencies from a single application on their smartphone. The effort seeks to bring easy access to financial markets to… Read more

Mimblewimble Deep Dive: a Highly Scalable and Anonymous Blockchain Protocol Used by the New Cryptocurrencies Grin (GRIN) and Beam (BEAM)

January 30, 2019  /  by Zachary Mashiach
On July 19, 2016, an anonymous blockchain developer working under the pseudonym Tom Elvis Jedusor posted the Mimblewimble white paper. Tom Elvis Jedusor is the original name of Voldemort from Harry Potter, and Mimblewimble is the tongue-tying curse from Harry Potter. In the white paper, he said, “I call my creation Mimblewimble because it is… Read more

Nasdaq Financial Network Planning to Integrate Symbiont Blockchain after Nasdaq Leads $20 Million Funding Round

January 25, 2019  /  by Steven Lubka
Industry heavyweight Nasdaq has joined Citi and Mike Novogratz led Galaxy Digital in funding a $20 million Series-B round for blockchain startup Symbiont. This investment comes despite rumors that Wall Street’s interest in blockchain technology startups has cooled. Symbiont had previously raised $15 million during its seed round 2014 and Series-A in 2017. “We are… Read more

How Bitcoin (BTC) Can Prepare for a Severe Geomagnetic Storm

January 22, 2019  /  by Zachary Mashiach
Since the creation of Bitcoin (BTC) in 2009, there have been no severe geomagnetic storms. However, Bitcoin (BTC) users are highly dependent on internet and electricity, and it is inevitable that one day, a severe geomagnetic storm will disrupt Bitcoin (BTC) users across the globe. A geomagnetic storm starts at the surface of the sun,… Read more

Ethereum (ETH) Chain Splits Accidentally; Constantinople Fork Now Scheduled for Late February

January 21, 2019  /  by Zachary Mashiach
The Ethereum (ETH) developers canceled the deployment of the Constantinople hard fork. They urged everyone who had upgraded to upgrade again and remove Constantinople due to a critical security bug discovered in EIP-1283. Essentially, the reduction of transaction fees in EIP-1283 opened the door for reentrancy attacks where hackers could steal all of the Ethereum… Read more

Breaking Crypto News: Ethereum (ETH) Constantinople Hard Fork Delayed Until Further Notice Due To Critical Security Bug

January 15, 2019  /  by Zachary Mashiach
With less than 8,000 blocks to go until the scheduled deployment of the Ethereum (ETH) Constantinople hard fork, the dev team has delayed the fork until further notice due to the discovery of a critical security bug in the fork’s code. The various Ethereum clients, such as Parity, Go, and Geth are rushing to release… Read more
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