Blockchain Cryptocurrency News Market

Amazon Files Proof-Of-Work Patent Using Cryptography

Amazon this week filed a US patent for a Proof-of-Work system which uses cryptography to generate Merkle trees. The Bitcoin and Ethereum networks use such ‘hash trees’ to verify the content of large data structures. Proof-of-Work as a Tool Against DoS Attacks A Merkle tree is a fundamental component of a blockchain, whereby each non-leaf node Read more…

Bitcoin Cryptocurrency News Market

Crypto Fund Reveals Abounding Retail, Institutional Interest In Bitcoin (BTC)

Investors Are Coming Back To Bitcoin The Tether ‘FUD‘ may have scared off some skeptics, but there still seem to be investors flooding into the cryptocurrency market. According to a recent tweet from Barry Silbert, the chief executive of industry conglomerate Digital Currency Group, one of his firm’s child companies, Grayscale, has recently raised millions Read more…

Blockchain Cryptocurrency News

FedEx Calls To Mandate Blockchain For International Shipping

FedEx CIO, Rob Carter, believes that mandated blockchain standards for international shipping will lead to widespread adoption within the industry. This would also enable authorities to better track goods’ provenance, and help combat the trafficking of counterfeit or illegal goods. Digitizing The Paper Trail Carter was speaking during a panel discussion at the Blockchain Global Revolution Read more…

Altcoin Bitcoin Cryptocurrency News Ethereum

Bitcoin’s [BTC] problem is that it’s blind, deaf and dumb, you can’t really do much with it, says Charles Hoskinson

Charles Hoskinson, the CEO of IOHK and Co-founder of Ethereum, spoke about Cardano’s progress since IOHK released ‘Cardano whiteboard and overview with Charles Hoskinson’ video in October 2017, in an interview with Ivan on Tech, on 9 April 2019. The interview began with Hoskinson stating that the actual inception of Cardano was in 2015, when […]

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Cryptocurrency News Market Ripple

Ripple Upgrades XRP Ledger Version to 1.2.0 With New Features and Improved Security

Ripple remains focused on evolving as a company with a better product every day and does not let statements from competitors such as SWIFT and JP Morgan distract them from their goal. In an announcement posted on its official website on 13 February 2019, Ripple, the company behind the popular XRP token and other blockchain-based Read more…

Ripple CEO Says JPMorgan’s ‘Cryptocurrency’ Misses The Point
Blockchain Cryptocurrency News Ripple

Ripple CEO Says JPMorgan’s ‘Cryptocurrency’ Misses The Point

JPMorgan is already facing severe criticism from the cryptocurrency industry just a day after it announced it would launch its own token, ‘JPM Coin.’ Garlinghouse: JPM Coin ‘Misses The Point’ The plan, which would ostensibly make JPMorgan the first US bank to issue a token with a verifiable use case, surprised commentators when executives revealed Read more…

Bitcoin is decentralized and the ledger is correct but the structure is inefficient, says Bank of Canada
Bitcoin Cryptocurrency News Market

Bitcoin is decentralized and the ledger is correct but the structure is inefficient, says Bank of Canada

Bitcoin [BTC] and other cryptocurrencies have been considered revolutionary in the finance and technology industry. Moreover, Bitcoin, currently the largest cryptocurrency in the space and also the very first cryptocurrency, is often hailed as digital gold, and a currency that would give financial freedom to all. The topic of whether “Cryptocurrencies offer something new” was […]

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