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The world of blockchain and cryptocurrencies is filled with innovative designs and concepts. When it comes to finding the right consensus algorithm, there are many different options to choose from. While some of these ideas might not be conventional, they are still valid in the long run. 6. Proof-of-Authority In PoA networks, blocks are only … Read more
Bob Goodlatte, the chair of the House Committee on the Judiciary, has reported his private cryptocurrency holdings – making Mr. Goodlatte likely the first member of the United States Congress to disclose private investments in the form of virtual currencies. Also Read: Bank of Thailand Green-Lights Financial Companies for Crypto Activities Member of U.S. Congress Holds … Read more
The author of the best-selling book ‘Rich Dad, Poor Dad’, Robert Kiyosaki, has spoken in favor of virtual currencies during a recent podcast. Mr. Kiyosaki described the United States Dollar (USD) as comprising a “scam” and predicted that precious metals and cryptocurrencies will outlast fiat currencies. Also Read: Many Swiss Bankers and Financial Regulators Quit to … Read more
Centralized exchanges are a convenient way for consumers to enter the cryptocurrency world. Even so, these centralized platforms are not without issues and drawbacks. Various problems can arise when using these exchanges, which only highlights the need for decentralized trading solutions. 4. Lack of Transparency Around Volume Rumors regarding trading manipulation across cryptocurrency exchanges have … Read more
Bitcoin is a form of money which sparks a lot of debate. There is also a fair bit of misinformation being distributed on the topic. Those misconceptions can give people a completely misleading impression of Bitcoin. Below are some particularly egregious falsehoods. 7. Bitcoin’s Transaction Volume Is Falling Depending on which source one reads, Bitcoin’s transaction … Read more
Blockchain technology is in a bubble. Investors continue to throw money at projects exploring this technology regardless of whether or not those businesses can succeed. Despite the growing interest, there are a lot of things people still do not know about blockchain, even in 2018. 5. Accountability Is Its Main Selling Point The term blockchain … Read more
Even though Bitcoin is quite popular as an investment vehicle, there is a lot more to this technology than meets the eye. Even in 2018, misinformation and false rumors continue to tarnish the world’s leading cryptocurrency’s reputation. Educating the masses on Bitcoin will remain an ongoing challenge in the cryptocurrency industry. 6. Fixed Coin Supply … Read more
If you’ve ever thought of acquiring a digital, virtual citizenship, there are a couple of new options on the table – a ‘Satoshi Nakamoto Republic’ and a ‘Soviet Land’ on blockchain, among others. True, ‘crypto passports’ often come with coin offerings that you might not necessarily be interested in — But the blockchain republics also promise … Read more
The wide array of proof-of-concept blockchain projects is not addressing the need to evolve the entire blockchain, which would enable not only mainstream adoption but enterprise usage as well. New distributed app frameworks are being developed to solve this problem. Blockchain Is Mostly Early Stage Among the top cryptocurrencies and industry-leading blockchain companies, most blockchain … Read more
Recently, we covered some of the most popular debit cards used for crypto payments and we’d like to tell you more about the cryptocurrencies they support. Most of these cards are issued by well-known names in the space, but a new project is now offering you fast and cheap transactions with BCH – a feature … Read more