Ethereum ProgPoW Passes Audit Tests

September 12, 2019  /  by Crypto.IQ
Ethereum’s ProgPoW has passed the test according to the Ethereum Cat Herders audits, although it could also become obsolete as technology evolves. The main goal behind the introduction of Programmatic Proof-of-Work (ProgPoW) algorithm, is to make Ethereum more resistant to ASIC miners, this way incentivizing decentralization of mining efforts. At the time of the Ethereum… Read more

German Bitcoin Mining Firm Launches Air-Cooled Bitcoin Mining Containers

September 12, 2019  /  by Crypto.IQ
German Bitcoin (BTC) mining infrastructure company Northern Bitcoin AG has completed the testing of its air-cooled mining container. The 20 ft. containers designed for outdoor crypto mining activities house 144 ASIC miners. Air-cooled mining solution for all-year cold locations On Monday a press release indicated that the mobile container solution would offer efficient and flexible… Read more

Virtual Reality AI and Blockchain Come Together in Moco’s IEO

September 7, 2019  /  by Crypto.IQ
VR Motion Communications plans to hit 500,000 downloads by 2022 for its 3D and 4K VR social media apps. It will commence it’s Initial Exchange Offering this month effectively ending the funding round for the Moco platform. The project initially based on the Ethereum blockchain will introduce high tech services in three areas. The areas… Read more

Decred (DCR) Upgrade Adds Privacy Feature

September 4, 2019  /  by Crypto.IQ
Decred, the project focused on governance, has added privacy features to its cryptocurrency DCR. Decred unveiled the privacy feature in a blog post, stating that developers have been working on it since 2017. According to the blog post, Decred has found a middle ground between two extremes – Bitcoin and other privacy coins – offering… Read more

Tezos Hard Fork Dune Set for Strong Start

August 29, 2019  /  by Crypto.IQ
Tezos’ hard fork Dune is set to have an impressive list of financial backers right from the start. Forks have always been an integral part of the cryptocurrency industry, and now Dune will be the latest blockchain borne out of a hard fork from Tezos. The interesting bit about Dune is that it already has… Read more

Bitcoin Programming Gets an Upgrade with Miniscript

August 26, 2019  /  by Crypto.IQ
Bitcoin coding could be getting an upgrade if the new Miniscript language catches on with developers and the Bitcoin community. While Bitcoin is an immutable ledger, with an enhanced security layer, its programming flexibility could be improved. Miniscript is a programming language developed mostly by Blockstream. It relies on the simple smart contract language already… Read more

Metal Pay (MTL) Jumps on New Investment From Youngest Bitcoin Millionaire Erik Finman

August 22, 2019  /  by Crypto.IQ
Metallicus run peer-to-peer platform Metal Pay has performed well this week and has witnessed the price of its MTL token rally on crypto exchanges. This comes after Metal Pay received an undisclosed investment from Erik Finman, the youngest Bitcoin millionaire. Metal Pays CEO, Marshall Hayner, has partnered with Erik Finman to build an all in… Read more

Ethereum Facing Scalability Dilemma and the Blockchain is Almost Full

August 21, 2019  /  by Crypto.IQ
Ethereum co-founder Vitalik Buterin openly admitted that the Ethereum blockchain is currently facing a scalability dilemma. In an interview with The Star, Buterin stated that the Ethereum blockchain is full. Big organizations that want to build on the network have to either wait for scalable solutions or contend with high transaction fees. “Scalability is a… Read more

Walmart Seeks Patent For a Blockchain-Based Drone Communication System

August 19, 2019  /  by Crypto.IQ
It seems clear that all the major organizations are looking forward to blockchain for overhauling their operations. Particularly, businesses linked to the retail and supply chain industry are trying out different blockchain solutions. Walmart, the American retail giant, has filed a patent recently for its drone communication system that is based on blockchain tech. The… Read more

Steemit Upgrading With New DAO

August 15, 2019  /  by Crypto.IQ
Steemit, a project that set out to build a social-focused blockchain network, has announced a code upgrade that will bring major changes to the network’s development funding. This will be Steem blockchain’s 21st hard fork and is set to be activated on August 27. This latest upgrade aims to address the platform’s system to fund… Read more