Tag: Protocol

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 Full Node Online  According to Parity, its vast experience in…

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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 curiosity to know how precisely the Raiden Network can achieve…

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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 moderation and the ability to run independent communities. Now, a…

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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 seen a massive customer growth in 2018 and is currently…

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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 location addressing tools have moved from ancient large maps used…

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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, the Origin protocol instant messaging system is entirely decentralized, encrypted…

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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 increased to a whopping 50 BTC, equivalent to over $330,000….

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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 aspects of the business. After ING first identified as attempting…

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