Category: Technology

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Ethereum Developers Reveal Holdup With Serenity in Reddit AMA

Ethereum developers shared in a Reddit Ask Me Anything session the steps left before launch of Serenity’s beacon chain phase, expressing confidence in a 2020 launch. The development team behind Ethereum 2.0 held an Ask Me Anything (AMA) session on Feb. 5. The team answered some of the most pressing questions on Serenity, in addition…
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Blockchain Tech Could Help Tackle Coronavirus, Says Expert

An academic at the University of Hong Kong claims that blockchain and AI-driven strategies should be implemented to better tackle responses to the coronavirus epidemic. An academic at the University of Hong Kong claims that blockchain and AI-driven strategies should be implemented to better tackle responses to the coronavirus epidemic.  Syren Johnstone —  executive director…
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IOTA Focuses on Immediate Adoption with Chrysalis Upgrade

IOTA announced Chrysalis, an intermediate upgrade before the Coordicide that will add important features such as reusable addresses and IOTA-based tokens. The IOTA project unveiled on Feb. 3 a series of upgrades dubbed Chrysalis, an intermediate stage between now and the removal of the Coordinator. The upgrade introduces several important features, some of which change…
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BitPay Restores Service to All Bitcoin Wallets to Drive Mainstream Adoption

BitPay restores service to all Bitcoin wallets upon the request of merchants looking to drive mainstream adoption of cryptocurrencies. The leading provider of Bitcoin (BTC) and cryptocurrency payment services, BitPay, announced on Feb. 4 that the company will soon allow invoices to be paid from any Bitcoin wallet or exchange.  BitPay CEO Stephen Pair told…
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Tech Like Blockchain Will Transform Chinese Economy, Bank Chair Says

The chairman of Minsheng Bank predicts that blockchain technology will transform the Chinese economy in the next decade. Digital transformation is a national priority for China, and it’s being integrated into both enterprise and banks and other services industries. According to a Feb. 4 report from Economic Information Daily, chairman of Minsheng Bank Hong Qi…
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Ripple’s Xpring Opens Developer Relations Forum

Ripple’s Xpring developer platform launches DevRel as an avenue for interaction with developers. Ripple’s Xpring will launch a community web page and forum referred to as “developer relations,” or DevRel, for its developer platform.  Most of Xpring’s employees work on the engineering and product side of the table, explained a Feb. 1 blog post on…
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Bitcoin’s Taproot Upgrade Won’t Help Privacy Where It Matters

Bitcoin’s Taproot proposal is believed to vastly improve privacy, but its author revealed that it is not a silver bullet and it does not hide CoinJoin transactions. The activation of Bitcoin’s (BTC) Taproot upgrade is moving forward as official Bitcoin Improvement Proposals (BIP) were submitted for review on Jan. 24. Even though Taproot is often…
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Venezuelan Team Working on Bitcoin Mesh Network Based on Offline Radios

Venezuelan project Locha Mesh is developing devices to ensure crisis-struck regions are able to use crypto amid internet and electricity shortages. A Venezuelan team is developing Locha, a decentralized mesh network that doesn’t rely on the internet to transact with Bitcoin (BTC). The system, based on radio waves, was born in response to frequent electricity…
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Lenovo Using Eco-Friendly Methods to Help Run GoChain Blockchain

Lenovo will contribute to GoChain’s blockchain network utilizing eco-friendly data center cooling measures. Computer manufacturing giant Lenovo will help run the blockchain network for GoChain, a blockchain protocol startup. Lenovo will lend a hand to GoChain’s network, operating a signing node which “will be the first of its kind to be operated in a liquid…
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Mike Mayo of Wells Fargo Says ‘We Are Living in the Golden Decade of Banks and Technology’

Wells Fargo analyst Mike Mayo predicts that technology will enable efficiency and greater returns for banks this decade. Wells Fargo analyst Mike Mayo announced during a Dec. 30 CNBC news segment that “this is the golden decade of banks and technology.” Mayo explained that while the 1990’s had record bank consolidation (banking businesses merge with each…
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