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Tag: scalability

Researchers Vow to Build a Better Blockchain Network Immune from Scalability Issues

Category: Blockchain, Business, Development, Finance, Investment, News

Researchers Vow to Build a Better Blockchain Network Immune from Scalability Issues

A group of researchers and university professors have teamed up to resolve one of the most painstaking issues preventing Bitcoin’s underlying technology to emerge a handy, real-world ledger: scalability. The team, which includes a Turing award winner, is off to a good start already after scoring $35 million in funding from a number of investors. Full-fledged Launch Expected in Q3…

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Payments Platform Kin Announces Token Migration from Ethereum to Custom Stellar Fork

Category: Altcoins, Blockchain, Ethereum, News, Tech

Payments Platform Kin Announces Token Migration from Ethereum to Custom Stellar Fork

The Kin project, launched by the developers of cross platform messaging app Kik, has announced that it will be completely moving away from the Ethereum blockchain in favor of Stellar. In a blog post released November 14, 2018, the project’s Blockchain Team Lead Gadi Srebnik wrote, “Apps are coming online with thousands of consumers earning and spending Kin every day….

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Vitalik Buterin Predicts Scaling Upgrade to Improve Ethereum Network Speed by 1,000 Times

Category: Altcoins, Blockchain, Development, Ethereum, News

Vitalik Buterin Predicts Scaling Upgrade to Improve Ethereum Network Speed by 1,000 Times

Ethereum co-founder Vitalik Buterin announced that the blockchain platform’s next upgrade would improve its transaction capacity by a factor of one thousand. Speaking at the Devcon4 keynote in Prague, Czech Republic, Buterin reminded the audience that this long-awaited “Ethereum 2.0” update would henceforth be called “Serenity” instead. The update is set to signify Ethereum’s fourth major development milestone after Frontier,…

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Blockchain Technology Can Scale to 100 Million Equity Trades per day, DTCC Study Claims

Category: Blockchain, Development, Finance, News

Blockchain Technology Can Scale to 100 Million Equity Trades per day, DTCC Study Claims

The Depository Trust & Clearing Corporation (DTCC), widely considered to be the apex post-trade market infrastructure, announced on October 16, 2018, a benchmark study which concluded that distributed ledger technology (DLT) can be leveraged to support average daily trading volumes in the U.S. equity market in excess of 100 million trades per day. DLT Efficient Enough to Process Peak Rates…

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Drivechain: The Two-Way Peg Solution for Bitcoin Scalability

Category: Altcoins, Bitcoin, Blockchain, Finance, News, Platform

Drivechain: The Two-Way Peg Solution for Bitcoin Scalability

As the world is becoming more and more aware of cryptocurrencies, their popularity and adaptation are also on the rise. The rise in adoption has also brought to light the inefficiencies with regards to keeping up with the increasing demand. While bitcoin blockchain stills look to be healthy for now, but with the rising demand, it may soon turn vulnerable…

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Lightning Tasks Allows you to Earn Bitcoin for Completing Micro Tasks

Category: Adoption, Bitcoin, Blockchain, Cryptocyclopedia, Development

Lightning Tasks Allows you to Earn Bitcoin for Completing Micro Tasks

Developers have created a new proof of concept website based on Bitcoin’s Lightning Network to showcase how small-scale payments can be completed near instantly. Showcased at the premier bitcoin conference, Baltic Honeybadger 2018 in Latvia, Lightning Tasks allows anyone to earn a few satoshis by completing simple tasks. The official video demo involves the user transcripting text from a picture….

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The Road to Mass Adoption in the Crowded World of Crypto Startups

Category: Press Releases

The Road to Mass Adoption in the Crowded World of Crypto Startups

When beginning a new venture or creating a new product, almost every startup has a similar goal: to gain mass adoption by the public. However, this is far easier said than done. In fact, most startups never even come close to reaching this stage. What Are the Roadblocks to Mass Adoption? Mass adoption is a frequently discussed topic – particularly…

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Vitalik Buterin’s 7 Deadly Crypto Sins: Mitigating 5 to 10 Second Blockchain Latency

Category: Altcoins, Blockchain, Cryptocyclopedia, Development, Ethereum

Vitalik Buterin’s 7 Deadly Crypto Sins: Mitigating 5 to 10 Second Blockchain Latency

In the following series, BTCManager will be walking through, in detail, seven questions posed by the co-creator of Ethereum Vitalik Buterin. These seven questions are some of the most relevant features of this booming ecosystem. From latency, as in this week’s installment, to governance and everything in between. The series was inspired by a discussion between Buterin and a WeChat…

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U.S. Research Team Attempts to Solve Bitcoin’s Scalability Crisis

Category: Bitcoin, Blockchain, News, Tech

U.S. Research Team Attempts to Solve Bitcoin’s Scalability Crisis

A research team from Northwestern University, in Illinois, U.S.A., believes they have unraveled one of Bitcoin’s long-standing nemesis: The problem of scalability. As reported by MarketWatch on August 15, 2018, the scholars put out details of their innovative solution. Scalability under Scrutiny While the problems of slow transactions are not localized to Bitcoin, the research team has published findings only…

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What Is Sharding?

Category: Altcoins, Blockchain, Cryptocyclopedia, Ethereum, Tech

What Is Sharding?

Sharding is a concept in database design, and as implied by its name, sharding involves creating smaller parts from a larger one. In the context of databases, sharding results in the creation of smaller partitions in the ledger. These partitions are thus referred to as shards. It is important to note that in sharding, the partitioning is done horizontally as…

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