During yesterday’s Unitize blockchain conference, developer Bruno Škvorc illustrated how a Polkadot-based blockchain can be launched within one hour. During yesterday’s Unitize blockchain conference, developer Bruno Škvorc illustrated how a Polkadot-based blockchain can be launched within one hour. When speaking at event on July 7, Škvorc explained in detail how to create a blockchain based…
Read more
It’s no secret that cryptocurrency has a scaling issue, so we look at various ways either proof-of-work or proof-of-stake could be effective. Most people in the cryptocurrency world are aware that network validation often comes in one of two forms: proof-of-work or proof-of-stake. There are others, but these systems are common and power many of…
Read more
Commercial service on Crypto Garage’s Settlenet system, trialled for a year within Japan’s regulatory sandbox, is now available. Japanese blockchain development company Crypto Garage announced it was launching commercial service on its Settlenet platform for the crypto OTC market. According to an update on Digital Garage’s website posted on June 8, its Crypto Garage venture…
Read more
Developers were challenged to create a Bitcoin sidechain with the privacy features of ZCash, using Drivechain technology. Developers are competing to bring ZCash privacy functionality to a Bitcoin sidechain. To do this, they’re using the Drivechain technology created by decentralized prediction market pioneer, Paul Sztorc. As an added incentive, Sztorc has announced a prize fund…
Read more
Multi-currency and futures exchange BTSE to launch the first-ever native exchange token sale based on the Liquid Network in March 2020. As the adoption of Bitcoin (BTC) sidechains continues to grow, a major Bitcoin sidechain, the Liquid Network, will soon host a token sale. BTSE, a multi-currency digital asset and derivatives exchange, plans to launch…
Read more
Blockstack announced Proof of Transfer, a new consensus algorithm for blockchains that uses Bitcoins to secure a network directly, instead of electricity. Blockstack unveiled a novel consensus mechanism for piggyback blockchains called Proof of Transfer (PoX) on Feb. 6. Instead of relying on its own proof of work, miners under PoX commit Bitcoin (BTC), which…
Read more
Plasma scalability for the Ethereum network is now a matter of implementation, according to the non-profit Plasma Group. The non-profit research organization Plasma Group announced in a Jan. 9 blog post that it would cease studying Ethereum scalability. Identifying funding of public goods as the next key challenge, it pledged to donate its remaining funds…
Read more
Bitcoin technology pioneer Adam Back explained that there’s a greater financial incentive to creating altcoins compared to building on Bitcoin. Bitcoin (BTC) technology pioneer Adam Back explained at the Transylvania Crypto Conference that there’s a greater financial incentive to creating altcoins compared to building on Bitcoin. Forbes reported Back’s remarks on Oct. 21, noting that…
Read more
