Avalanche Web Wallet Stalls For 6 Hours After Avalaunch Airdrop Snapshot

Avalanche Web Wallet Stalls For 6 Hours After Avalaunch Airdrop SnapshotThe Avalanche cryptocurrency, the first cryptocurrency ever to implement the Avalanche consensus, experienced an outage of service yesterday when its web wallet presented an outage that lasted for six hours. This was the consequence of severe congestion due to an airdrop carried out by AvaLaunch, leaving users without control of their funds for this period. […]

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BENQI Closes $6M Round to Create Algorithmic Liquidity Market on Avalanche

PRESS RELEASE. BENQI, a liquidity market operating on the Avalanche network, has completed a private funding round. A total of $6 million was raised in a round led by Ascensive Assets. A number of leading investors on blockchain and the emerging Avalanche ecosystem also participated. These include Mechanism Capital, Dragonfly Capital, Arrington XRP Capital and […]

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Bitcoin for Corporations- Michael Saylor Expects an ‘Avalanche’ of Firms to Own Bitcoin

Bitcoin for Corporations- Michael Saylor Expects an 'Avalanche' of Firms to Own BitcoinThis week the firm Microstrategy held an event called “Bitcoin for Corporations” which looks at concepts like macro strategy, corporate playbooks, and legal considerations toward bitcoin. Prior to the event, Microstrategy CEO and bitcoin bull, Michael Saylor, said “professionals from more than 1,400 firms” would join the event. At the conference, Saylor was bullish on […]

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Avalanche Launch Fumbles: ‘A Highly-Sophisticated DDoS Attack Derailed Token Sale’

Avalanche Launch Fumbles: 'A Highly-Sophisticated DDoS Attack Derailed Token Sale'On July 8, 2020, some members of the cryptocurrency community were prepared to leverage the AVA Labs Avalanche (AVAX) token sale, in order to acquire some of the highly anticipated coin on Wednesday. However, due to “record-breaking demand” and a “highly-sophisticated DDOS attack” the Avalanche sale has been rescheduled for July 15, 2020. For quite […]

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Meet Snowglobe: An Avalanche-Based Pre-Consensus Protocol for BCH

Meet Snowglobe: An Avalanche-Based Pre-Consensus Protocol for BCHOn December 20, BCHD and Openbazaar developer Tyler Smith published first draft specifications for a protocol he calls “Snowglobe.” Smith’s Github repository says that Snowglobe is a propagation protocol for nodes using Nakamoto Consensus and it uses an Avalanche-based consensus algorithm for the process. Also read: BCH Avalanche Transactions Show Finality Speeds 10x Faster Than […]

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Meet the Developer Who Added Schnorr Signatures to Bcash

Meet the Developer Who Added Schnorr Signatures to BcashThis week news.Bitcoin.com spoke with Jonathan Gonzalez, the blockchain developer who is currently maintaining the Bcash project, a Bitcoin Cash full node written in node.js. Gonzalez explained how he got into Bitcoin Cash development and how he managed to get the Bcash node fully compatible with last May’s fork, which introduced Schnorr signatures to the […]

The post Meet the Developer Who Added Schnorr Signatures to Bcash appeared first on Bitcoin News.

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