/ tehnology

November 16, 2020 / tehnology

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 […]

November 13, 2020 / tehnology

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 […]

October 31, 2020 / tehnology

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 […]

June 1, 2020 / tehnology

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 […]

May 18, 2020 / tehnology

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 […]

May 2, 2020 / tehnology

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 […]

April 24, 2020 / tehnology

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 […]

April 18, 2020 / tehnology

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 […]

March 18, 2020 / tehnology

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 […]

January 11, 2020 / tehnology

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 […]

January 10, 2020 / tehnology

Ant Financial Is Set To Launch Its Own Blockchain Platform In February 2020

The popular Chinese fintech company Ant Financial is set to launch its own blockchain platform in February 2020. The organization’s vice president Goufei Jiang shared this information, local media reported. The company’s own blockchain will operate as a part of the Ant Blockchain Open Alliance platform. Technical solutions of the latter will open up opportunities […]

November 30, 2019 / tehnology

Ethereum, ZCash and Cardano Will Get Upgrades In December

In December, three blockchains will release the major updates. Therefore, ZCash will get shorter block times for faster confirmations, Cardano will get a new consensus mechanism and the ability to stack cryptocurrencies, and Ethereum will introduce the ProgPoW mining algorithm. ZCash Blossom ZCash cryptocurrency developer Electric Coin Company announced that the main network will be updated at […]