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2B Blockchain Conference • October 18-19, 2018

In the business heart of Europe in Berlin on October 18, 2018 will take place the global 2B Blockchain Conference…

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Tag: cryptography

Cryptocurrency Wallet SafeWallet Introduces Alternative to Private Keys and Mnemonic Phrases

Category: Blockchain, News, Tech, wallet

Cryptocurrency Wallet SafeWallet Introduces Alternative to Private Keys and Mnemonic Phrases

In a bid to entirely eradicate the issues of loss, theft and other challenges that comes with crypto wallet private keys and mnemonic phrases, SafeWallet has introduced a new system of wallet security that enables users recover their digital currencies with just their QR code based user IDs and preset security questions, according to a press release  by the firm…

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Ethereum Developers Publish Much-Awaited Casper FFG Network Update

Category: Altcoins, Commentary, Ethereum, News, Tech

Ethereum Developers Publish Much-Awaited Casper FFG Network Update

Marking a significant step in its development, Ethereum’s developers published its much-awaited Casper FFG on May 8, 2018, in a bid to eventually drive the network away from its currently used Proof-of-Work (PoW) protocol to a Proof-of-Stake (PoS) protocol. Casper FFG Marks a Step Ahead Posted on GitHub by developer Danny Ryan, the version 0.1.0 “first release” of Casper FFG…

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Stanford University Physicists Uncover Correlation between Bitcoin Transactions and Laws of Nature

Category: Bitcoin, Commentary, News, Tech

Stanford University Physicists Uncover Correlation between Bitcoin Transactions and Laws of Nature

Bitcoin ushered in a new class of asset in 2009, but nowadays, the novel financial instrument has reached somewhat of a peak with its popularity skyrocketing as never before. This growing interest increasing acceptance has also paved the way for several research studies on the subject. On April 23, 2018, a study uncovered a strange similarity between bitcoin transactions and…

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The History of Bitcoin Part 2: Bit Gold

Category: Bitcoin, Cryptocyclopedia, Mining, News, Tech

The History of Bitcoin Part 2: Bit Gold

Read Part 1 of the History of Bitcoin series here. While bitcoin is the first functioning decentralized digital peer-to-peer payment system, it has several predecessors that have helped to shape its existence. It will be these forerunners that will make up our discussion in ‘The History of Bitcoin’ series. What is Bit Gold? In a 2010 forum post, Satoshi Nakamoto…

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Artist Tempts Bitcoin Enthusiasts with $10,000 Secretly Encoded in Lego Art

Category: Bitcoin, Entertainment, News

Artist Tempts Bitcoin Enthusiasts with $10,000 Secretly Encoded in Lego Art

Artist Andy Bauch has rendered artworks made of images generated using real-time virtual wallet addresses. Feeding the string of address letters and numbers through an algorithm produced a series of patterns that Bauch has employed to generated Lego “paintings” that contain the wallet address for anyone to claim the funds in the form of bitcoin. Every piece of art is…

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MIT Criticizes IOTA: “Gaping Hole in its Software” and Deceptive Marketing

Category: Altcoins, Blockchain, Commentary, News, Tech

MIT Criticizes IOTA: “Gaping Hole in its Software” and Deceptive Marketing

On December 20, MIT Media and the MIT Digital Currency Initiative (DCI) issued a public statement written by DCI Director Joi Ito, refuting an article published by the institution’s own MIT Technology Review about IOTA’s potential to outperform bitcoin. MIT DCI Criticizes IOTA On December 14, MIT Technology Review’s Mike Orcutt published an article entitled “A Cryptocurrency Without a Blockchain…

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Zcash is Blazing a Trail to the Future of Cryptography

Category: Altcoins, News

Zcash is Blazing a Trail to the Future of Cryptography

Zcash developers have made a significant breakthrough in the mathematical development of the proving systems for the shielded addresses that fuel Zcash by introducing a new variation of elliptic curve cryptography which is more efficient and speeds up the hashing process tremendously. This new development will be included with other substantial improvements to Zcash in the Sapling upgrade, and if…

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The Equifax Credit Reporting Breach: Is Blockchain The Answer?

Category: Blockchain, News

The Equifax Credit Reporting Breach: Is Blockchain The Answer?

In a recent development in the U.S. that sent shockwaves through the world of personal finance, credit reporting agency Equifax announced that they had been breached, compromising the personal information of over 143 million Americans. The potential impact of this is profound as it amounts to over 40 percent of the U.S. population. In this attack hackers captured troves of…

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MIT and Boston University Researchers Find ‘Vulnerabilities’ in IOTA Code

Category: Altcoins, News, Tech

MIT and Boston University Researchers Find ‘Vulnerabilities’ in IOTA Code

MIT Media Lab researchers Neha Narula, Thaddeus Dryja, Madars Virza and Boston University researcher Ethan Heilman discovered a cryptographic vulnerability in the code of the ninth largest cryptocurrency by market share, IOTA. IOTA’s Code Vulnerability According to a blog post by Neha Narula, Director of the Digital Currency Initiate at MIT Media Labs, the researchers analyzed the repositories of the…

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No ICO or Outside Investors, Just Community Altruism: How a Ph.D. Mathematician was Onboarded to ‘Future Proof’ Monero

Category: Altcoins, News, Tech

No ICO or Outside Investors, Just Community Altruism: How a Ph.D. Mathematician was Onboarded to ‘Future Proof’ Monero

It seems that everyone is in crypto because they have dollar signs in their eyes. ICOs are making a lot of noise in the cybersphere; many projects have no working prototype and want to change the world with just a white paper. Away from the buzz and hype, in the background is Monero showing some real progress; the strong and…

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