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BITCOIN PRICE: 6,352.42     HIGH: 6,615.00     LOW: 6,303.00

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Blockchain Brunch Hamptons White Party • August 21, 2018

 With the SEC decision on the third Bitcoin ETF likely just four weeks away. Right now, there is no better…

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Tag: proof of work

Obelisk Takes the Lead in Fight against Mining Centralization with “Launchpad”

Category: Business, Mining, News, Tech

Obelisk Takes the Lead in Fight against Mining Centralization with “Launchpad”

Application Specific Integrated Chip (ASIC) manufacturer Obelisk has announced their ambitious plan to turn the ASIC-dominated crypto mining industry on its head with the release of the “Obelisk Launchpad,” a new community-focused service. Cryptosphere Is Sick of ASICs The release of Launchpad comes at a time when most significant cryptocurrencies are facing a threat from the burgeoning power of ASIC…

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Mining Conglomerates Turn to Ethereum in Search of Better Profits and Network Control

Category: Altcoins, Business, Ethereum, Finance, News

Mining Conglomerates Turn to Ethereum in Search of Better Profits and Network Control

Built on the ethos of a completely decentralized network, Bitcoin’s protocol is unfortunately maintained by profit-driven mining entities like Bitmain, that place greater interest in their own benefit rather than the technology’s. Now, the mining giant is looking to achieve greater mining control in other coin protocols as well, such as Ethereum. Centralization vs. Profits: Ethereum and Bitmain While Bitcoin…

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Bitcoin’s Biggest Question: What Happens After All Blocks Are Mined?

Category: Bitcoin, Blockchain, Ethereum, Mining, News, Tech

Bitcoin’s Biggest Question: What Happens After All Blocks Are Mined?

April 2018 marked a significant milestone in the history of Bitcoin (BTC) – its 17th million block was mined, out of a total of 21 million. However, with the benchmark taking only nine years to reach, the community fancies a related question: What happens after all 21 million blocks have been mined? Understanding the Mining Protocol If one were to…

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Ethereum’s Much Awaited Casper Update Is “Ready For Review”

Category: Blockchain, Commentary, Ethereum, News, Tech

Ethereum’s Much Awaited Casper Update Is “Ready For Review”

As per a developer meet on April 20, 2018, the much awaited consensus code for Ethereum is ready to be reviewed. Greener Pastures First mentioned in the Ethereum improvement proposal (EIP) 1011, the code marks a step away from energy-intensive mining operations for the ethereum network. The process, called “minting” instead of the energy-soaking crypto mining, is considered a ‘greener’…

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Markets Unfazed By Abra’s Litecoin Announcement, Users Find Flaws

Category: Altcoins, Bitcoin, Blockchain, Business, News, Regulation, Tech

Markets Unfazed By Abra’s Litecoin Announcement, Users Find Flaws

In the past week, AmEx-backed Abra announced using the Litecoin smart contract system for use in its cryptocurrency payment application. The market reacted positively towards this news, but only for a few hours, following which Litecoin (LTC) prices went into a nosedive. BTCManager tells you why. “Partnership” with an Open-Source Network Perhaps the simplest explanation lies in the aftermath of…

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The History Of Bitcoin Part 3: What Is B-Money

Category: Cryptocyclopedia

The History Of Bitcoin Part 3: What Is B-Money

You can read Part 2 of the History of Bitcoin series here. In the initial days of the crypto-anarchy and cypherpunk movement, where bitcoin was eventually born, researchers were determined to create a community that would be free of the control from centralized authorities. It was in this community, where the idea for a currency that would be impossible to…

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PolySwarm: The future of Cyber-Threat Detection

Category: Ethereum, ICO News, News

PolySwarm: The future of Cyber-Threat Detection

Today’s anti-virus and cyber detection market is hold by big companies who don’t have any interest in cooperating. Instead, what we have is a wide variety of options, but each of these options are not interoperable and has its pros and cons. PolySwarm is a new blockchain-based project that promises to deliver a decentralized market for cyber-security experts while binding…

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New Anonymous Cryptocurrency INTCoin to Launch in June

Category: Altcoins, News

New Anonymous Cryptocurrency INTCoin to Launch in June

New blockchain project INTCoin has announced its launch for the beginning of June and is currently undergoing a presale for its cryptocurrency targeted at early adopters. INTCoin leverages the blockchain’s capabilities to create a digital currency with instant transactions and minimum fees. The INTCoin project has developed a decentralized global cryptocurrency that provides secure low-cost instant financial transactions with complete…

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BitTorrent Founder’s Ambitious Plans to Supplant Bitcoin

Category: Altcoins, News, Tech

BitTorrent Founder’s Ambitious Plans to Supplant Bitcoin

Bitcoin at its core is a decentralized currency, relying on a peer-to-peer system popularized through file-sharing programs, such as BitTorrent. It is only fitting that this has come back full circle, with Bram Cohen, the founder of BitTorrent announcing his intention to work on a new cryptocurrency. Announced in an interview on “Steal This Show” podcast, Cohen states that he…

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A Chat With Qtum Team Leader, Patrick Dai

Category: Altcoins, Blockchain, Interviews, News

A Chat With Qtum Team Leader, Patrick Dai

Qtum is a new project which can be described as a hybrid of Bitcoin and Ethereum with a focus on mobile and business applications. Qtum puts the Ethereum Virtual Machine (EVM) on top of the Bitcoin UTXO model and joins the two with something called an Account Abstraction Layer. This enables execution of smart contracts and decentralized applications, comparable to…

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