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Crypto research group Coin Metrics recently released issue 30 of its “State of the Network” series, which ranks crypto assets by auditability. Taking into account node operation, synchronization, normal operation, code audit and extraction of ledger data, the top 10 cryptocurrencies by market cap were ranked. These were also ranked on ease of ledger reconstruction, […]
The post BCH Is An A-Class Crypto for Auditability appeared first on Bitcoin News.
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Crypto enthusiasts have noticed that the Ethereum blockchain has come awfully close to reaching capacity due to the added transactions stemming from the Tether (USDT) network. The transaction count since mid-August shows the ERC20 version of tether has surpassed the original version that uses BTC. ERC20 tether transactions cost users more than $260,000 in the […]
The post ERC20 Tether Transactions Flip Their Omni Equivalent appeared first on Bitcoin News.
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Satoshi Nakamoto’s Bitcoin technology has inspired a lot of innovation spawning a myriad of tokens representing digitized assets. There are now token creation systems on blockchain networks like Omni Layer, Counterparty, and Ethereum. Each framework comes with the cost of sending tokens and right now the Simple Ledger Protocol is one of the cheapest most […]
The post Tokens Built on Bitcoin Cash Are Cheaper to Send Than Those of Rival Networks appeared first on Bitcoin News.
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A development team called the Portal Network has announced the creation of a new platform called the Bitcoin Cash Name Service (BCNS). Essentially BCNS turns a long alphanumeric bitcoin cash address into a human-readable name like ‘yourname.bch.’ Also read: Colombia Crypto Exchange Asks New President for Banking Help Can Human Readable Names Replace Traditional […]
The post Portal Network Developers Announce Bitcoin Cash Name Service appeared first on Bitcoin News.
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Back in the early days, cryptocurrency enthusiasts used to laugh at the thought of a stable cryptocurrency pegged to a specific fiat currency like the US dollar. Although nowadays things have changed and the digital currency tether (USDT) captures more cryptocurrency trade volume than most of the leading nation-state issued fiat currencies like the USD […]
The post An In-Depth Look at the Cryptocurrency Economy’s ‘Stablecoin’ Trend appeared first on Bitcoin News.
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Last week, news.Bitcoin.com reported on the Wormhole announcement of a tokenization and smart contract platform project for the Bitcoin Cash (BCH) network. The Wormhole protocol was initiated by the firm Bitmain Technologies, and the codebase is a fork from the Omni Layer protocol. Furthermore, the project has already issued a bunch of Wormhole Cash (WHC) […]
The post Wormhole Project Launches — $1.2M Worth of BCH Burned So Far appeared first on Bitcoin News.
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There’s been a lot happening this week within the Bitcoin Cash (BCH) ecosystem, and much of the community’s discussion revolves around tokenization concepts on the BCH chain. Meanwhile, the network has been running smoothly, and BCH markets seem to be reversing their trend after cryptocurrencies values were experiencing bearish sentiment for the past six months. […]
The post BCH Roundup: Markets Spike While the Community Debates Token Protocols appeared first on Bitcoin News.
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According to a report on the social media platform Yours.org, software developers associated with the mining giant Bitmain plan on launching a smart contract protocol for the Bitcoin Cash (BCH) network. The project called ‘Wormhole’ will utilize the increased data-carrier-size and OP_Return transactions alongside a protocol based on the Omni Layer project. Also read: Group or […]
The post Omni Layer Fork Called ‘Wormhole’ Debuts for Bitcoin Cash appeared first on Bitcoin News.
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This past week bitcoin cash (BCH) markets have been suffering from the bearish sentiment plaguing cryptocurrencies across the board. On February 6 the price of BCH reached a low of $740 per coin but has since bounced back to the $950-1,050 region on Bitstamp Tuesday evening. Also Read: Australian Freeze: Big Aussie Banks Denying Bitcoiners Bitcoin […]
The post Bitcoin Cash Markets Recover — While Infrastructure Support Increases appeared first on Bitcoin News.
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Tether, creator of a USDT token claimed to be backed by the U.S. dollar, has been a hot topic of conversation lately to say the least. The company has been very successful so far issuing tokens to individuals and exchanges, but many skeptics are worried the digital currency is not backed by real fiat. Skeptics […]
The post After The Rise of its Controversial ”Digital USD” Tether Releases EURTs appeared first on Bitcoin News.
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