Bitcoin Blockchain Cryptocurrency News

Ethereum is a Technological Dead End, Says Samson Mow

Controversial bitcoin maximalist Samson Mow described Ethereum as “a technological dead-end” after the digital ledger project ran out of capacity.  Ethereum Struggles With Congestion Again The network utilization of Ether, Ethereum’s native asset, soared above 90 percent, according to data provided by Etherscan.io. The surge, according to Ethereum co-founder Vitalik Buterin, could prompt transactions costs Read more…

Altcoin Cryptocurrency News

EOS is De Facto Centralized, Says Wikipedia Co-founder

Wikipedia co-founder Larry Sanger does not want to develop his decentralized applications atop EOS blockchain. The veteran technologist, who chose EOS to run his decentralized content distribution platform Everipedia, threatened to fire the blockchain project. He criticized EOS for becoming a de facto centralized ledger controlled entirely by the Chinese entities. Stating that Everipedia couldn’t Read more…

Bitcoin Cryptocurrency News

Bitcoin has a ‘Big Future’ Says Donald Trump’s Ex-Chief Strategist

US President Donald Trump is not a big fan of bitcoin. But that does not stop his former advisers from saying positive words about the world’s most expensive crypto asset. Bannon on Bitcoin Steve Bannon, who was the chief strategist to Trump during his first seven months in the White House, thinks cryptocurrencies like bitcoin Read more…

Bitcoin Blockchain Cryptocurrency News

How China And The Fed Are Boosting Bitcoin And Sinking Trump

US president Donald Trump thinks he’s being smart but it could be that China ends up denting his re-election prospects and boosting bitcoin. The US Federal Reserve not playing ball doesn’t help either – and the more he pushes the harder he makes it for Jay Powell to maintain his institutions independent standing – or Read more…

Bitcoin Blockchain Cryptocurrency News

Singapore Could Embrace Bitcoin First, Pompliano Tells CNBC

Singapore could be the first country in the world to embrace Bitcoin, one of cryptocurrency’s best-known commentators has told mainstream media.  Singapore Saying ‘Bring It On!’ Speaking on CNBC’s Squawk Box segment July 30, Anthony Pompliano, co-founder of Morgan Creek Digital, said Singapore’s proactive stance on regulation could leave the rest of the world racing Read more…

Blockchain Cryptocurrency News Market

Austria’s Official Passport Maker Launches a Crypto Hardware Wallet

YOUNIQX Identity AG, a subsidiary of Austria’s official passport manufacturer announced on Monday that it has launched a crypto hardware wallet solution known as the Chainlock Card. The company cites research into exchange fraud or hot wallet vulnerabilities as one of the key reasons for developing the product. YOUNIQX claims it has developed a “forgery-proof” Read more…

Bitcoin Cryptocurrency News

Celebrities Can’t Get Enough of Bitcoin

Bitcoin is not the asset of crypto experts and blockchain enthusiasts anymore. It is slowly but steadily infiltrating into the pop culture, with many sportsmen, actors, singers, media persons, and politicians discussing it. Celebrities Endorsing Cryptocurrency Many celebrities are sharing favourable opinions about the oldest cryptocurrency out there. One of the reasons is that they Read more…

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…