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

John McAfee Touts Privacy Coin Monero

August 9, 2019  /  by Crypto.IQ
One of the most important features of cryptocurrency is its ability to offer a user anonymity and privacy. Many tend to believe that anonymity is something important only for fraudsters or criminals. However, ordinary people also need privacy in their everyday life. John McAfee, an early adopter and proponent of cryptocurrencies has always had a… Read more

Bitcoin SV (BSV) Pointlessly Raises Block Size Limit to 2000 MB, CoinGeek Forces Everyone Else to Upgrade With Spam Filled 210 MB Block, Three-way Chain Split Results

August 8, 2019  /  by Zachary Mashiach
Bitcoin SV’s (BSV) quasar protocol, named after supermassive black holes that reside in the center of galaxies, went into effect on July 24. The main reason for the quasar protocol upgrade was to increase the block size limit from 128 MB to 2,000 MB, i.e. 2 GB. This seems to be a continuation of the… Read more

Ethereum’s Latest Milestone — 200,000 Smart Contracts

August 7, 2019  /  by Crypto.IQ
Ethereum (ETH) has hit a significant milestone with over 200,000 smart contracts being deployed on its network. Ethereum (ETH), has cemented its place as the second biggest cryptocurrency by market capitalization when developers and projects started deploying smart-contracts onto its Ethereum Virtual Machine (EVM). This enabled a roll-out of frameworks, applications and token offerings –… Read more

Lightning Network Capacity Doubles in 2019

August 6, 2019  /  by Crypto.IQ
Bitcoin’s Lightning Network (LN) is showing signs of continued activity with node count and capacity increasing in the first six months of 2019. Bitcoin Lightning Continues To Grow in 2019 The lightning network is a layer 2 solution that is aimed at solving the scalability issue of Bitcoin’s network. During peak times of activity the… Read more

Speedy Solana Raises $20 Million in Series A

July 31, 2019  /  by Crypto.IQ
To make sure that a blockchain that is supposed to operate on the whole of the world web, $20 million Series A have been raised by Solana, led by Multicoin Capital. With this, Solana has pledged to offer a Layer 1 platform that runs on Layer 2 speed.  On Tuesday, Solana made known that Multicoin… Read more

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