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Tag: nodes

New “Lightweight” Cryptocurrency Coda Will Allow Users to Run Nodes in Their Browsers

Category: Altcoins, Blockchain, News, Platform, Tech

New “Lightweight” Cryptocurrency Coda Will Allow Users to Run Nodes in Their Browsers

A new project called Coda is developing a cryptocurrency that will be able to remain decentralized at scale by compressing its blockchain so that users can run nodes in their browsers. Should Coda become a success, this could usher in a new area of decentralization and scalability for future cryptocurrency projects.   What is Coda? The Coda Protocol refers to…

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Introducing the Concept of Storage Taxes in the Ethereum Ecosystem

Category: Altcoins, Blockchain, Cryptocyclopedia, Development, Ethereum, News

Introducing the Concept of Storage Taxes in the Ethereum Ecosystem

While cryptocurrencies witness breakthroughs with each passing day, some of the challenges being faced by the underlying blockchain technology cannot be overlooked. One such major obstacle is the issue of scalability. The lack of scalability in the major crypto blockchains, i.e., Bitcoin and Ethereum vastly limit the maximum number of transactions that can be processed by a blockchain at a…

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Graphene Compression Merger May Be the Solution to Bitcoin Scalability Issue

Category: Bitcoin, Blockchain, Development, News

Graphene Compression Merger May Be the Solution to Bitcoin Scalability Issue

Eight months after presenting a case for Graphene as a solution to the bitcoin cash blockchain’s scalability issue, Bitcoin Unlimited has unveiled its block compression utility that takes care of excessive blockchain bandwidth usage. Presented in November 2017 at a developers conference, Graphene uses what has been described as “crazy math” to reduce a 1MB block to 2.6KB, potentially revolutionizing…

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Vipnode’s Economic Incentive Node Model Serves to Avoid Ethereum’s Past Network Clog

Category: Ethereum, News, Tech

Vipnode’s Economic Incentive Node Model Serves to Avoid Ethereum’s Past Network Clog

The Ethereum Foundation’s grant program, which funds the groundwork for ensuring deserving blockchain teams contribute to the growing decentralized ecosystem, has funded Vipnode, a subscription-based node model that aims to avoid a repeat of the network’s infamous jam of December 2017. CryptoKitties And Network Clog Andrey Petrov, an Ethereum developer and enthusiast, faced the infamous Ethereum network clog in December…

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How to Run a Stratis Full Node: A Beginner’s Guide

Category: Cryptocyclopedia

How to Run a Stratis Full Node: A Beginner’s Guide

The Blockchain-as-a-Service (BaaS) platform Stratis has been quietly lancing partnerships and new technologies (Azure and TumbleBit), cultivating a robust community of C# developers, and streamlining their project for some time now. Insofar as they have generated a rewarding open-source philosophy, many are now eager to give back. One of the best, and arguably most interesting, ways of supporting a project…

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After Misleading Users, BitPay is Being ‘Forked’

Category: Bitcoin, Business, News

After Misleading Users, BitPay is Being ‘Forked’

A backlash against BitPay for misleading users has resulted in their software being forked, meaning its code will be altered so that users have a Bitcoin Core based option for bitcore. On August 18, Bitcoin developer Nicolas Dourier begun to fork the code from BitPay’s bitcore so that merchants can get paid in bitcoin while avoiding upgrading to SegWit2x, which…

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A Security Threat to the Bitcoin Blockchain?

Category: Bitcoin, Commentary, News, Tech

A Security Threat to the Bitcoin Blockchain?

In a report to be featured at the 38th IEEE Symposium on Security and Privacy in May, Aviv Zohar of The Hebrew University present findings on how an attack to the Bitcoin Blockchain can occur via the Internet’s routing infrastructure. In this paper, Zohar and his collaborators Maria Apostolaki and Laurent Vanbever, show off two ways a Border Gateway Protocol…

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Probability of Bitcoin Unlimited Hard Fork Execution: Where It Is Now

Category: Bitcoin, Blockchain, Commentary, News

Probability of Bitcoin Unlimited Hard Fork Execution: Where It Is Now

The majority of the Bitcoin community believes a hard fork execution will not occur anytime soon. Experts and developers including Andreas Antonopoulos, BitGo engineer Jameson Lopp and Charlie Shrem have noted that Bitcoin Unlimited is not ready for production and its policies toward closed development are not being supported by the market. Over the past few weeks, the Bitcoin Unlimited…

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BU Phantom Menace Exploits xThin Vulnerability, Nodes Temporarily Destroyed

Category: Bitcoin, Blockchain, News

BU Phantom Menace Exploits xThin Vulnerability, Nodes Temporarily Destroyed

The Bitcoin community is at risk of bifurcation in all senses of the word. We are now witnessing a contentious political split between “small blockers” and “big blockers” while simultaneously facing the possibility of a hard fork. On the afternoon of March 14, SegWit “small block” supporters aimed, fired, and reloaded round after round of 150 character tweets, aimed at…

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“Nobody has Synced an Electrum Server from Genesis for Over a Year.”

Category: Bitcoin, Interviews, News, Tech

“Nobody has Synced an Electrum Server from Genesis for Over a Year.”

Electrum is one of the oldest and remains a favorite light client for Bitcoin. It works with a network of servers that feed the clients with block data. But with the growth of the Blockchain, starting a new server has become nearly impossible, so that the creation of new servers has ultimately come to a halt; until Neil Booth’s ElectrumX…

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