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DIGIT – Page 12597 – DIGIT INFO

Cornell Researchers: Bitcoin Not as Decentralized as Assumed

Cornell University researchers, using the Falcon Relay Network, have concluded that neither of the two most popular cryptocurrency blockchains, Bitcoin and Ethereum, are as decentralized as once thought. A two-year longitudinal study claims Bitcoin underutilizes its network, Ethereum is better distributed than Bitcoin, and Bitcoin’s rewards for smaller miners is often unpredictable due to block … Read more

Markets Update: The Top 68 Cryptos Dive During the January Slump

Cryptocurrency markets are having a tough time during the third week of the new year as a vast majority of digital assets are down 20 percent or more. Currently, the BTC/USD global average is roughly $12,050 after touching a high of $14,300 just 24-hours prior. The sudden losses started taking place yesterday evening when bitcoin markets … Read more

What Is Golem?

There are many blockchain-based projects in development which have the potential to transform certain aspects of our daily lives. The Golem project, for example, certainly has a lot of merit. Creating a global decentralized supercomputer is not an easy feat, though. So far, the team has made some big progress toward bringing this project to market, but … Read more

Four Major Cases of Hacking a Smart Contract or Why Thinking Ahead is Important for an ICO Project?

When you approach a vending machine and insert a coin, you expect to receive a can of soda or tasty snack in return. The same thing happens when you use blockchain technology to exchange cryptocurrency for any service or vice versa. It’s called, a “smart contract,” and it’s expected that this process is automatic; nothing … Read more

China Central Bank Identifies ”3,000 Fake Blockchain” Platforms – Law Enforcement to Coordinate Against Cybercrime

This week China’s central television (CCTV 2) reported the Peoples Bank of China (PBOC), its Ministry of Public Security, in coordination with other regulatory agencies, will work to combat cybercrime often in the disguise of financial innovation.  Also Read: Some UK Mortgage Lenders Refuse to Serve Bitcoin Investors 2,000 Tokens, 3,000 Knockoff Platforms The People’s Bank of … Read more

WAX vs. BitShares vs. Veritaseum

Digital assets have become a lot more popular over the past 12 months. We are not talking about regular cryptocurrencies here, but rather new assets which are issued on a blockchain. Several key projects are focusing on the digital asset industry as we speak, although they all seem to offer a slightly different take on … Read more

Do Industries Need Cryptocurrencies?

It’s probable that 2018 will be a watershed year for blockchain and cryptocurrencies.  2017 saw the breakout of this new technology from the small community of programmers and “geeks” into a much wider audience of people, looking for financial opportunities and willing to support various disruptive Blockchain concepts.  2018 will likely see the acceptance by … Read more

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