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Blockchain Life 2021

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Proof of Work vs. Proof of Stake

March 7, 2019 by Toju Ometoruwa at Blockchain, Cryptocyclopedia, Tech

Over the past few years, awareness of blockchain technology has grown exponentially. Major institutions and key figures in business and politics are now aware of the technologies potential to decentralize our global financial and economic systems. Following Protocol The long-term goal of cryptocurrencies and blockchain technology has been to achieve...

Beam Blockchain Breaking Cube Purple Triangle

Bug in Crypto-Platform Beam Causes Brief Halt in Blockchain

January 23, 2019 by Priyeshu Garg at Blockchain, News, Tech

Beam, a newly launched privacy oriented cryptocurrency, experienced a bug that caused a sudden, but brief stoppage in its blockchain, the company announced in a Tweet on January 21, 2019. Technical Difficulties Cause a Halt in Beam's Blockchain (Source: Steemit) One of two recently released implementations of the Mimblewimble privacy...

Rocket ship on the moon comic with a monkey astronaut

Nebula: New Protocol Built on top of EOS Blockchain to Allow Enhanced Support for Developers

November 21, 2018 by Nuno Menezes at Altcoins, Blockchain, Ethereum, Finance, News, Platform, Tech

EOS, the second most used blockchain for smart contracts recently announced the release of a new protocol built on top of its blockchain that improves support for developers on, as per a post on November 19, 2018. EOS, the second most used blockchain for Smart Contracts recently announced the release...

Parity and Zcash Foundation Team up for Full Node Client

October 31, 2018 by Priyeshu Garg at Altcoins, Blockchain, News, Platform, Tech

Parity Technologies has announced a partnership with the Zcash Foundation to build the first-ever alternative full node software for Zcash. Announcing the development in an article posted on its official blog on October 30, 2018, Parity revealed that the new Zcash alternative client would be written in Rust programming language...

How Does the Raiden Network Transportation Work?

October 30, 2018 by Aisshwarya Tiwari at Altcoins, Blockchain, Finance, News, Platform, Tech

Widely considered to be Ethereum’s answer to Bitcoin’s Lightning Network – the Raiden Network is an off-chain ERC20-compliant scaling solution for the transfer of tokens on the Ethereum blockchain. The solution offers benefits akin to the Lightning Network, including scalable, low-fee, instant, and privacy-focused payments. These benefits might ignite one’s...

Manyverse: Decentralized Social Media Without a Blockchain

October 17, 2018 by Rahul Nambiampurath at Altcoins, Blockchain, News, Platform, Tech

The past few years has seen the rise of several blockchain-based decentralized social networks. While the Steemit platform was one of the earliest introductions back in 2016, more recent launches have proved that traditional social media can also be revolutionized. Mastodon, for instance, is an extension of Twitter that offers...

Ripple’s Cryptocurrency Product xRapid Goes Live

October 3, 2018 by Priyeshu Garg at News

Ripple's cryptocurrency product for cross-border payments, xRapid, is now commercially available, the company announced on October 1, 2018. xRapid Now Commercially Available In a release published on the company's official website, Ripple announced that xRapid, its real-time settlement platform, is now commercially available. The San Francisco-based company's network, RippleNet, has...

FOAM: The Consensus Driven Map of the World

September 20, 2018 by Pratik Makadiya at Altcoins, Blockchain, Finance, Investment, News, Tech

Maps and addressing systems have been the foundation of our lives that have had a significant contribution to shaping the way one commutes. Maps have been an integral part in setting up global business and commerce from pre-colonial days and continued to do today. With the introduction of technology, these...

Origin Protocol Launches its Decentralized, Secure, and Auditable Messaging System

August 31, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Business, Development, News

Origin, an Ethereum smart contracts blockchain and IPFS-based protocol for creating sharing economy marketplaces, has launched its decentralized, secure and auditable messaging system, to allow users communicate seamlessly, according to a news release on August 29, 2019. Real-time DLT-based Communication According to its Medium blog post, unlike centralized messaging apps,...

Lightning Network capacity increases by 10 BTC in two days, total now at 50 BTC

Lightning Network capacity increases by 10 Bitcoins, Maximum Capacity Now at 50 Bitcoin

July 10, 2018 by Rahul Nambiampurath at Bitcoin, Blockchain, News, Platform

The Lightning Network has long been touted as a potential solution to the bitcoin scalability debate. It was widely believed that once the network went live, the number of transactions in the mempool would decrease by a significant amount. As of July 10, the capacity of the Lightning Network has...

ING Group: A Quiet and Deliberate Blockchain Innovator

May 3, 2018 by Priyeshu Garg at Blockchain, Business, Finance, News

The giant Netherlands banking concern ING is making a name for itself as a serious blockchain enthusiast and innovator. Already involved with shipping industry players on blockchain apps that could foreseeably save that sector billions every year, the bank has been quietly but enthusiastically trialing a decentralized solution to many...

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