Blockchain Technology

Blockchain is a public ledger of all Bitcoin transactions that have ever been executed. It’s constantly growing as ‘completed’ blocks are added to it with a new set of recordings. The blocks are added to the blockchain in a linear, chronological order.

Vitalik Buterin Says Ethereum 2.0 Issuance Will Be 2 Million per Year at Most

Vitalik Buterin Says Ethereum 2.0 Issuance Will Be 2 Million per Year at Most

Buterin said that the annual token issuance with Ethereum 2.0 will be reduced to less than half of the current token issuance. There will be other developments like the accurate prediction of the transaction’s optimal fee amount. Ethereum co-founder Vitalik Buterin has recently given some important updates for the issuance of ETH 2.0 cryptocurrency. During…

Telegram Postpones Launch of Its TON Blockchain for Second Time

Telegram Postpones Launch of Its TON Blockchain for Second Time

Messaging app Telegram postponed the launch of its TON blockchain for the second time, pushing the dates up to April 2021. The company is offering 72% of each investor’s stake now but is also providing an alternative of 110% of the investments by April 30, 2021. After battling with the U.S. Securities and Exchange Commission…

Blockchain firm BlockBen Creates Gold-backed Crypto on Ethereum Platform

Blockchain firm BlockBen Creates Gold-backed Crypto on Ethereum Platform

BNOX, the gold-backed crypto, is measured such that 100 units of BNOX equal 1 gram of gold. Its value remains the same either in physical or digital form. BlockBen, a blockchain platform that enables users to develop their crypto, software, and other unique products, has created BlockNoteX (BNOX). This cryptocurrency is backed 100% by gold…

Bitcoin Halving Beats Coronavirus in Mentions as Only 10 Days Left Before the Event

Bitcoin Halving Beats Coronavirus in Mentions as Only 10 Days Left Before the Event

Bitcoin (BTC) halving event has received a surprise. Mentions of the event have spiked as the event nears. The event is about 10 days away and the whole internet is abuzz. “Crypto-twitter” has had more than its fair share of mentions of the event. Sources say that halving mentions have become the second most popular…

Borderless, Secure and Transparent: the Advantages of Blockchain for Lotteries

Borderless, Secure and Transparent: the Advantages of Blockchain for Lotteries

Traditional lotteries proved to have some serious problems. Using a proprietary developed blockchain, BitWin24 offers an innovative alternative to all existing lottery systems on the market. Have you ever thought about your chances of winning the lottery? Hitting the jackpot in a 6/49 draw happens approximately once in 14 million attempts. In fact, economists, mathematicians…

As Ethereum 2.0 Launch Gets Closer, Bulls Waiting for ETH Price Rise

As Ethereum 2.0 Launch Gets Closer, Bulls Waiting for ETH Price Rise

Ethereum (ETH) price proves that it has the potential to rise to $200 despite retreat to $170 support. One of the teams that helped develop Ethereum, the second strongest cryptocurrency, Prysmatic Labs introduced the ETH 2.0 Topaz test network as a substitution for the preceding Sapphire test network and finally managed to deliver it successfully….

What Is Facebook’s Libra Coin?

What Is Facebook’s Libra Coin?

Libra cryptocurrency is a stable currency designed by Facebook on a reliable and secure open source blockchain, supported by a reserve of actual assets, and managed by an independent association. The Libra’s mission is a simple financial infrastructure and global currency that influences billions of individuals. As a result, it intends to achieve the promise…