Irys launches layer-1 programmatic data blockchain
The price of storing data directly on the blockchain is extremely prohibitive for most users, leading to an overreliance on traditional IT.
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Price Analysis 7/31: BTC, ETH, XRP, BCH, BSV, LTC, ADA,CRO, BNB, EOS
Economists are divided on the consequences of record low interest rates across the globe and the incessant money printing by the central banks. However, one thing that most experts agree upon is that investors should get out of paper money and invest in hard assets.Gold has been the traditional safe haven asset which is preferred…
Tensions Flare: Is Bitcoin Cash Headed to Another ‘Catastrophic’ Fork?
Despite tensions flaring among Bitcoin Cash developers over the protocol’s difficulty algorithm, another chain split seems unlikely. The Bitcoin Cash (BCH) community is divided over whether to change the cryptocurrency’s difficulty adjustment algorithm, with a recent developer meeting reportedly concluding with attendees storming out of the event.On August 4, Chris Pacia, the lead developer of…
Blockchain platform commercializes digital bank guarantees in Australia
Australia gets more blockchain projects. 2241 Total views 23 Total shares The Lygon blockchain platform, which runs on IBM Public Cloud, has reportedly successfully conducted its pilot since last year with Australian banks ANZ, Commonwealth Bank of Australia (CBA) and Westpac and a group of 20 Australian businesses. Banks are expected to issue bank guarantees in…
Unstable Bitcoin price to pivot investment flow to gold, mining chief says
Evolution Mining’s executive chairman said gold and Bitcoin could coexist, but the latter is not yet mature enough to deliver the established safe haven assurance of the former. 1663 Total views 8 Total shares Jake Klein, CEO of Australian gold mining establishment Evolution Mining, has said that crypto price volatility will make gold a far…
J. R. Willett launched the first ICO… but still has a day job
ICOs? He held the first one. Stablecoins? He dreamed of them by accident. Vitalik Buterin tried to get him on board to help launch Ethereum, but he was too busy. He is J. R. Willett, one of the most fascinating men in the industry.Back in 2012, Willett, now 41, felt he could improve Bitcoin by…
Australian Record Scalability Blockchain: How Crypto Is Stepping Into the Land Down Under
On Sept. 26, Australia’s National Science Agency (CSIRO), an independent Australian federal government agency responsible for scientific research, developed a blockchain network called Red Belly with the University of Sydney. They successfully conducted a pilot test on the Amazon Web Services (AWS) global cloud infrastructure, processing more than 40,000 transactions per second.At 40,000 tx/second, Red…
Circle CEO says blockchain industry is transitioning from dial-up to broadband phase
Allaire believes that privacy and identity are two fundamental pillars of a new Web3. 127 Total views 3 Total shares At the Converge22 conference in San Francisco, Jeremy Allaire, CEO of stablecoin issuer Circle, said that the world is finally moving from the speculative value phase of crypto to the utility phase. Drawing parallels to…
Wrapped Crypto Tokens, Explained
1. What is a wrapped token? A wrapped token is an asset hosted on the Ethereum blockchain with a price that is the same as another underlying asset, even if it’s not on the same blockchain or on a blockchain at all. A wrapped token is an ERC-20 token with a value identical to another…