Five Layer 1 Projects to watch in 2020

Among all Layer 1 blockchain projects, Ethereum is still king, regardless of its scalability limitations. In order to make their smart contract platform future-proof, Ethereum 2.0 will be rolled out in the upcoming year, but this project is already riddled with problems. Besides having to run a separate blockchain than “legacy” Ethereum, Ethereum 2.0 will … Read more

Tether Plans to Mint Digital Yuan and Commodity Coins, Says Bitfinex Shareholder

Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong has explained in a recent interview that Tether is also preparing to launch … Read more

What Is Proof-of-Weight?

In the world of blockchain consensus algorithms, there are many different options to choose from. Proof-of-weight is one of the rather unusual solutions, although it is an interesting take on customization and scalability. Getting users excited about this model through incentivization remains its biggest challenge. The Proof-of-Weight Concept Defining Proof-of-Weight as just one algorithm would do … Read more