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EOS, Cardano and Tezos are cryptocurrency’s big sleepers. The latter project has lain dormant since last summer while its legal troubles played out, while EOS and Cardano have been beavering away, but have yet to produce the goods. With signs that all three projects are now stirring into life, investors might finally see a return. […]
The post EOS, Cardano and Tezos: Sleeping Giants Starting to Stir appeared first on Bitcoin News.
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It does not happen all that often that we see interesting blockchain projects shrouded in mystery. NULS seemingly can become anything one wants it to be in the world of blockchain technology. With a customizable modular infrastructure, there are certainly some intriguing aspects to this project. What is NULS Exactly? It is evident the NULS project is pretty interesting to keep an eye on. The project wants to build a customizable modular blockchain ecosystem which runs on top of a microkernel and functional modules. There are also smart contracts, multi-chain mechanisms, and cross-chain consensus. Whether or not it can disrupt the proverbial ceiling associatedPowered by WPeMatico
Genesis blocks hold a symbolism that’s almost spiritual. They represent the birth of a new cryptocurrency, and when that currency flourishes, its foundation stone – the maiden block to have been mined – is referenced reverentially. Ethereum’s first address is a memorable one: 0x followed by 40 zeroes. It’s also a dangerous one that has […]
The post $500 Million Has Been Mistakenly Sent to Ethereum’s Genesis Address appeared first on Bitcoin News.
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What to make of NEO? The Chinese blockchain is, on paper, the most successful Asian cryptocurrency project to date. It’s listed on most major exchanges, boasts high trading volume, hosts numerous ICOs and has smart contract functionality. Not everyone is impressed though. Critics have called NEO a centralized, expensive, and unusable disaster. So which interpretation […]
The post NEO Is Either a Raging Success or a Total Disaster appeared first on Bitcoin News.
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Over 34,000 ethereum smart contracts containing $4.4 million in ETH may be vulnerable to exploitation. That’s the conclusion reached by a quintet of researchers hailing from Singapore and the UK. Their technical report, which is currently undergoing peer review, suggests that millions of dollars in ether may be at risk from poorly coded smart contracts […]
The post Report Claims 34,000 Ethereum Smart Contracts Are Vulnerable to Bugs appeared first on Bitcoin News.
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Just recently the startup Smartbtc announced the execution of a bitcoin-based smart contract written in the Python codebase. The team intended to grow their Twitter following by creating a contract that paid 0.011 BTC after it accrued 1,000 followers in sixty days. After the goal was met, Smartbtc’s Python contract executed on February 19. Also […]
The post Smartbtc Sees the Need for Centralized Python-Based Smart Contracts appeared first on Bitcoin News.
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When it comes to projects embracing smart contract technology, there is quite a lot of competition in the marketplace. Achain hopes to make a positive impact in this area over the next few years. The platform is designed to build a boundless blockchain reality, which sounds rather ambitious. Why was Achain Created? The Achain team decided to create a new public blockchain platform to let developers issue tokens, smart contracts, dApps, and blockchain systems. Although most of this functionality can be found in Ethereum, that particular ecosystem isn’t capable of scaling properly at this time. Achain, on the other hand, is builtPowered by WPeMatico
Smart contracts are the next major frontier for blockchain technology development. Automating as many tasks and business processes as possible will eventually lead to a trustless ecosystem. As such, it is good to see different smart contract projects compete with one another. Ubiq is a decentralized platform focusing on smart contracts and dApps, making use of an improved Ethereum code base. The associated token offers some interesting functionality as well. What is Ubiq? On paper, Ubiq is a competitor to every other smart contract project in the world of blockchain technology. The goal is to reach a globally-distributed ledger with a supercomputer-like capacity.Powered by WPeMatico
It seems people can’t get enough of transparent pyramid schemes on top of the Ethereum blockchain. Just like any other unique idea involving blockchain and cryptocurrency, it doesn’t take long for multiple clones to come into existence. Given all of the shenanigans we have seen with PoWHCoin and ShadowFork, it is only normal that people are more hesitant when it comes to these opportunities. That won’t stop EthPyramid from becoming a success, though. EthPyramid is Another Disaster Waiting to Happen There is something seriously wrong with a lot of people if they think transparent pyramid schemes are a great use casePowered by WPeMatico
It seems Ethereum’s self-sustaining Ponzi scheme has already hit a major roadblock. Even though there was a lot of initial interest in this project, a few spin-offs have been created already. It seems the latest contract, known as ShadowFork, contains a major issue which prevents anyone from withdrawing funds. This also means the contract’s creator is unable to cash out any of the proceeds. It is still an honest Ponzi scheme, but few people are thrilled by this development. PoWHCoin Spin-off Causes Major Problems A lot of Ethereum enthusiasts will agree that using smart contracts for Ponzi schemes is notPowered by WPeMatico