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Millions Of Dollars For Memes: NFT Boom Is Coming
Investors have spent over $ 100 million on non-fungible tokens over the past month. To date, the number of wallets that participate in such transactions has exceeded 220 thousand. This investment segment is growing rapidly: according to NonFungible.com service, the market for such tokens grew by 300% in 2020 compared with 2019. NFT or non-fungible […]
Blockchain 50: Forbes Published A Rating Of Major Blockchain Companies
Forbes just published a list of 50 major global companies that are most actively using blockchain in their work. Forbes #Blockchain50 revealed: The 50 companies outpacing the competition using Bitcoin and the underlying blockchain https://t.co/rPtndiMzAF pic.twitter.com/mtWDd7gc5b — Forbes (@Forbes) February 3, 2021 Blockchain Industry Drivers Forbes is publishing its blockchain market research for the third […]
Effects Of Bitcoin Cash Hard Fork
Against the background of the implemented update, the cryptocurrency rate went down. On November 15 a hard fork took place in the network of one of the most capitalized cryptocurrencies – Bitcoin Cash. As a result of the event, the blockchain of the asset was split into two chains BCHN and BCHABC. Information about this appeared […]
Сoronavirus Helped To Develop Market Of Commercial Blockchain Solutions
A new study published by the World Trade Organization Blockchain & DLT in Trade notes that more than 80% of companies in the distributed ledger technology segment have improved their performance amid the pandemic. The need for online solutions and remote satisfaction of demand has accelerated many processes and implementations. Experts focus on two areas […]
How Ethereum 2.0 Launch Will Affect ETH Price
How should the first phase to POS algorithm be launched? First, the official testnet, with concurrent support for major Ethereum clients, needs to run smoothly for 3 months. Given the launch date, we could see Ethereum 2.0 on November 4. But on August 16, due to a glitch in the Prysm client, the testnet split […]
What is Segregated Witness (SegWit)
Segregated Witness (Segwit) – a solution that aims to increase network scalability. It will be easier to understand this concept considering the structure of Bitcoin transaction. It consists of two parts: Basic information (who senders, to whom, amount); Information of the witness, which contains a special cryptographic code (signature). The witness part was a problem for […]
Unplanned Fork Occurs In Ethereum 2.0 Testnet
Schlesi’s test network developer for Ethereum 2.0, Afri Schoedon, reported a crash that resulted in an unplanned fork in the testnet. The problem appeared on May 17, when the Geth client stopped synchronizing with other clients and began to build an alternative blockchain. Recall that in order to start the launch of the zero phase […]
Bitcoin Will Be Available For DeFi-Projects Soon
Within two weeks, the launch of the tBTC token (ERC-20) is expected, which will be provided by Bitcoins. The project is supported by MakerDao, Uniswap, Compound, and other DeFi services. The new token is a joint project of Keep Network and Summa. Its task is to open a decentralized finance market for Bitcoin owners. The […]
The Second Chance For Ethereum: When Will ETH Rate Rise
Ethereum is the second cryptocurrency by market cap, which price follows Bitcoin exchange rate. But if BTC was able to rise to $ 14,000 after crypto winter, Ethereum rate did not even reach $ 400. What is ETH missing to make the price rise? DeFi The decentralized finance market began to emerge in the fall of […]
What Is UTXO On The Bitcoin Network
Unspent Transaction Output (UTXO) is the “balance” that the sender gets back to the wallet after the transaction. This method ensures that the user has money in the account and protects the network from a “double spending” attack. This technology of sending transactions is implemented in Bitcoin and other coins (for example, in Komodo). Note, when […]
Litecoin Wallet: How To Create And Its Types
Since Litecoin is one of the oldest TOP altcoins, it is not surprising that there are so many wallets for storing it. The difference between wallets lies in the interaction with the user is implemented – through the website, app or physical device. Furthermore, LTC wallets differ in the level of security and the intended […]
Bitcoin Developers To Complete Taproot/Schnorr Soft Fork
Bitcoin (BTC) developers announced the completion of the upcoming BTC blockchain soft fork called Taproot/Schnorr. Developers will integrate the upgrade when they answer the questions of the crypto community. Taproot And Schnorr Significantly Improve The Performance Of Bitcoin Blockchain Bitcoin Core developer Gregory Maxwell announced the Taproot project in January 2018. The update is designed to increase […]
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