3 key Changes Coming to NEO 3.0 in 2020

Any and every cryptocurrency project needs to keep evolving and growing at all times. Especially in the altcoin world, there is a lot of pressure on developers to ensure a blockchain stays relevant. As far as NEO is concerned, it seems the upcoming NEO 3.0 release will offer some interesting changes. How it will impact the token’s price, remains a bit unclear, as it has been a rough year for this altcoin.  Introducing dBFT 2.0 Anyone who is not familiar with most of the acronyms in the cryptocurrency world today will not be aware of what dBFT is. It stands

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Recapping the First Three Years of MimbleWimble Development

TheMerkle MimbleWimble TestnetIt has been three years since the MimbleWimble concept was first introduced as a solution to scale Bitcoin. With the whitepaper now dating back three years, it is a good time to see how far the development of this project has come. There is still plenty of work to be done, although it seems things are heading in the right direction.  From Whitepaper to Beam On July 19 of 2016, a lot of people took notice of the MimbleWimble whitepaper. It offers a lot of potentially great concepts and ideas which would benefit the cryptocurrency industry as a whole. At

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ZCash Will be Forked Into YCash Today

TheMerkle Zcash Pool 51%As the Summer trucks along rather nicely, it seems another cryptocurrency hard fork is on the horizon. The ZCash project will be forked into a different chain known as YCash. Contrary to previous forks of this kind, there is a degree of amicability between both teams, rather than a genuine dispute. There is some work to be done looking to claim their YCash tokens, though.  Forking ZCash With a new Chain On the surface, there have been a fair few projects which are derived from ZCash and still try to stick around in 2019. The world of privacy coins has

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The Evolution From Altcoin to Shitcoin in 4 Steps

TheMerkle Altcoin Trading FrenzyIn the cryptocurrency industry, there are thousands of altcoins on the market today. Of those projects, half or less are still actively maintained today, creating a massive amount of “shitcoins“. Now is a good time to recap how an altcoin turns into a shitcoin over the course of weeks, months, and years. This process is still ongoing today, as nearly nine in ten new projects fail around the clock.  Step 1: Creating Hype for no Reason When it comes to the different altcoins launched over the past ten years, the ones which didn’t create media-levels of buzz and excitement are

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3 Major Changes for Beam Scheduled as Part of the Hard Fork

TheMerkle Top Bitcoin ForksGiven the vast number of different cryptocurrency projects on the market, it becomes increasingly difficult to keep tabs on everything. For fans of the Beam project, there is an important hard fork coming up in a few weeks from today. Some big changes will be introduced accordingly, albeit it remains to be seen if this network upgrade will impact the price in any way.  A Noteworthy PoW Change It is not entirely uncommon for cryptocurrencies to switch up their proof-of-work protocol when a hard fork occurs, In the case of Beam, it will not be so much as a complete

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Litecoin Partnering the Miami Dolphins Isn’t That big of a Deal

TheMerkle Litecoin Price 0502Before cryptocurrencies can gain mainstream traction, there need to be a lot more regular use cases. So far, choices remain limited on that front. Things seem to be picking up a bit for Litecoin although becoming the “official cryptocurrency” of the Miami Dolphins will probably not have much of an impact on the price whatsoever. Limited Functionality for Litecoin Although many people expected big things from this particular announcement, it is crucial to put everything in its proper perspective first and foremost. This new partnership does not mean any of the Miami Dolphins team or staff will be paid in

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PayFast Removes Bitcoin Payments due to Inherent Technical Flaws and Shortcomings

TheMerkle Jane Street Bitcoin TradingThese are very interesting times for Bitcoin, which evidently remains the world’s leading cryptocurrency. Despite a price revival of some sorts, it now appears yet another service provider is ending BTC support altogether. South Africa’s PayFast is the latest company to do so, as they experience major problems with Bitcoin’s inherent design.  Transaction Fees and Confirmation Times Two of the biggest hurdles associated with using Bitcoin as a payment method is how the currency is expensive and slow to send and receive. More specifically, the Bitcoin network requires a fixed number of network transactions before the money transfer is effectively

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Is There a Future for Privacy Coins in the United States?

TheMerkle Breeze Wallet Bitcoin privacyCryptocurrencies which provides users with privacy and anonymity are often looked down upon by politicians and other officials. Especially in the US, privacy coins such as Monero and ZCash might face an uphill battle in the future. The most recent White House press conference only confirms these currencies are designed for criminals and no one else.  The Stigmas Remain For quite some time now, the term “privacy coins” is associated with illegal activity on the internet and in the real world. This is primarily because of the privacy and anonymity features these currencies tend to provide to its users. In

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5 Altcoin Markets Successfully Bucking the Bearish Trend

TheMerkle Altcoin PumpersEven though most of the top cryptocurrencies are in the dirt once again, there will be some very odd pumps and price changes taking place further down the line. These following five currencies all note strong gains despite a bearish overall trend, which is both peculiar and odd at the same time. Sustaining any uptrend will always be difficult, for rather obvious reasons. Japan Content Token Gains 49% It is rather uncommon for any altcoin, token, or asset to note any real gains when the overall industry is struggling significantly. In the case of Japan Content Token, there is another strong

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US Politicians Aim to bar Tech Companies From Mimicking Bitcoin

TheMerkle US Congress Hosue Bill 3364 CryptocurrencyIssuing a digital currency or providing financial services is not a straightforward process in this day and age. Especially for tech companies in the US, this uphill battle will become a lot steeper moving forward. A new legislative proposal would bar major companies from exploring these two business models. This could also spell trouble for Facebook’s Libra plans.  A Very Intriguing Proposal Tech companies in the United States have a tendency to grow well beyond the scope of current regulations. That situation becomes even more problematic if those tech companies decide to enter the financial side of the spectrum. A

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