Tag Archives: Technology

Codex Unveils Blockchain Protocol For Arts And Collectibles Traceability

Blockchain startup Codex has unveiled its provenance-based protocol that aims to tap into the US$2 trillion arts and collectibles (A&C) asset class. The company is building the Codex Protocol Title Registry, a decentralized title registry for the A&C market comprised of Codex Titles. A Codex Title will include records of the (more…)

Cornell Professor Claims Ethereum is More Distributed and Decentralized Than Bitcoin

According to a study led by Cornell professor Emin Gun Sirer, Cornell research professor Robbert van Renesse, and LinkedIn researcher Adem Efe Gencer, Ethereum’s nodes are better distributed than bitcoin, and thus the network is more decentralized than bitcoin. The paper entitled “Decentralization in Bitcoin and Ethereum” analyzed nodes in the (more…)

BTC.com Lowers Bitcoin Transaction Costs Through Dynamic Fees and SegWit

BTC.com, the first bitcoin wallet platform in the cryptocurrency market to integrate Bitcoin Cash and SegWit simultaneously, has recently implemented a dynamic fee system to automatically calculate the lowest fee users can attach to have their transactions processed on the Bitcoin blockchain network. In a blog post published on January 11th, (more…)

South Korean Police Did Not Raid Cryptocurrency Exchanges, FUD Triggers Market

This week, several Western mainstream media outlets have falsely reported that South Korean cryptocurrency exchanges were “raided” by local police and authorities. More inaccurate reports regarding the current state of the South Korean cryptocurrency exchange market led the entire cryptocurrency market to decline in value, demonstrating a similar effect to that (more…)

Crypto Craze: Towards A Bursting Bubble?

Cryptocurrencies had an incredible year in 2017: Bitcoin jumped more than 1,300%, Ethereum rallied 8,600%, and the overall cryptocurrency market rose to nearly US$650 billion by the end of the year, an astronomical 3,720% increase compared with January’s “tiny” US$17 billion market capitalization. 2017 was the year that smaller, lesser known (more…)

The darker side to winning the Amazon HQ2 sweepstakes

As the frenzy to snag the Amazon HQ2 prize gains steam among the cities watching for signs of favor from Jeff Bezos, it may be time to reexamine the stakes for the winning bid. Cities vying to be Amazon’s next headquarters are dazzled by the potential benefits—local job opportunities, enhanced private-sector (more…)

Charlie Lee Wants to Test a New Solution for Bitcoin Fee Estimation on Litecoin

Litecoin, which is an altcoin that has long been marketed as the “silver to bitcoin’s gold”, was not the most difficult thing for creator Charlie Lee to launch. He simply took the Bitcoin Core codebase, changed a few parameters (such as the block time and mining algorithm), and then posted (more…)

South Korean Cryptocurrency Mania: Exchanges are Adding More Employees Than Banks

South Korean cryptocurrency exchanges including Bithumb, Coinone, and Korbit are adding more employees than banks and financial institutions, local mainstream news networks have reported. YTN, one of South Korea’s largest mainstream media outlets, revealed that Bithumb, which processes more than $2.6 billion worth of cryptocurrency trades on a daily basis, has (more…)

As Ethereum Surpasses $100 Billion, Can Powerful Decentralized Applications Justify its Market Cap?

Ethereum, the smart contracts protocol that supports decentralized applications, has surpassed $100 billion in market valuation for the first time in its two-year history. Over the past three months, Ethereum has seen the emergence of some of the most popular decentralized applications in the market such as digital kitten breeding and (more…)