Thorchain seeks to build a decentralized cryptocurrency exchange.
Platform users want the token price to remain stable; investors want it to skyrocket. Figuring out how to please both groups is one needle that token-based economies must thread.
Consensus protocols have been around for much longer than what is generally thought of as a blockchain technology.
We recently discussed stablecoins as a cryptoeconomic primitive that may prove the key to cryptocurrency adoption. Stablecoins, by definition, are aimed at being as stable as possible. This is usually achieved by pegging the value to a fiat asset, such as the US Dollar.
The cryptocurrency exchange BitBay adds to the stablecoin offering by introducing their own pegged coin. In contrast to other attempts at stablecoins, BitBay promises to return power over coin value to the user.
Identity is one of the most important aspects of our current and evolving digital age.
The recent fix of a critical bug in Bitcoin’s core system reminds us how vital it is for cryptocurrency to make use of a variety of implementations. If the same vulnerability exists across the entire ecosystem, it is that much easier for bad faith actors to wreak havoc.
Can stablecoins help to quell crypto volatility?
Random numbers are the key to blockchain technology. In this Blockchain 101 article, we delve into their importance and the difficulty of producing true randomness.
Finance Ministers Meeting At a recent gathering of European Union (EU) finance ministers in Vienna, it became clear that there
Readers of textbooks on enterprise blockchain solutions will be aware that supply chain management is probably the most talked about use-case for distributed ledger systems in the corporate world. Many companies and enterprise consortiums have announced blockchain-based supply chain pilots and proofs-of-concept, but, as with many real-world enterprise applications, full-scale production systems are currently works in progress at best.
High-tech startup Citizens Reserve is planning to change this with their just-announced SUKU platform.
There has been a lively debate on how to deal with inflation in the Ethereum eco-system. The core development team has now taken the decision to reduce the block reward from 3 to 2 Ether.
TAU (the active unit) have announced a new currency with TAU Coin. The coin is different from other coins by introducing a new consensus model, Proof of Transaction (POT).
It may surprise you to learn that blockchain didn’t begin with Bitcoin.
Crowd sale platform Indiegogo has become the latest company to announce their security token offering, a real estate investment project.
Since the early days of Bitcoin, people have tried to use the underlying blockchain for other applications, such as alternative assets. This is possible due to the OP_RETURN instruction of the Bitcoin virtual machine, which allows storing arbitrary data on the blockchain.
Bitcoin.com has just made representing assets on the Bitcoin Cash blockchain much easier by launching the Wormhole SDK, a developer framework for creating tokens on Bitcoin Cash.
The latest project to announce a successful funding round, DEXON, has attracted a 20 million USD private placement led by venture capital firm IDG Capital. The project joins an impressive portfolio managed by IDG worth an estimated $20 billion USD.
Fast, secure and compliant bridge converts fiat currencies directly to the Dai stablecoin.
Blockchain may be the missing link to optimize the Internet of Things.
Blockchain and Artificial Intelligence (AI) have been described as a match made in heaven. The idea of the blockchain hosting trusted data and AI marketplaces has been suggested by a number of projects. Whilst the concept behind this seems solid, projects still have to deliver. This is about to change with DeepBrain Chain’s announcement of the imminent launch of its AI Training Network.
Bitcoin enthusiast and co-founder of Apple, Steve Wozniak, will be participating in the upcoming chainXchange conference in Las Vegas. The conference will be held August 13th through the 15th.
Cryptoeconomic primitives can be defined as cryptographic tools that allow us to build decentralized economic applications. You will have heard of at least one low-level cryptoeconomic primitive: the cryptographic token, which serves as an abstraction for an asset.
The European Union has taken a proactive role in blockchain technology. The European Blockchain Observatory and Forum just published one of its first major deliverables. The report titled “Blockchain Innovation in Europe” looks at the current blockchain landscape, lists key challenges, and outlines a list of emerging priorities.
A couple of days ago the popular wallet and in-browser Ethereum gateway MetaMask was accidentally removed from Google’s Chrome store. The incident left users being re-directed to an imposter version of the software. Luckily, the Ethereum community was quick in detecting the problem and the situation was resolved within six hours.
However, this was just another in a series of incidents highlighting the fact that wallet security and private key management is a weak link in the cryptocurrency ecosystem.
A look at the need for blockchains to interface with the rest of the world through reliable oracles.
Blockchain Technology has changed a lot since Bitcoin got the ball rolling in 2008. However, we have been promised mass adoption for a while now and this “revolution” is happening rather slowly.
There are many reasons for this, but some are more obvious than others. In this article series, we will look at three important innovations the blockchain ecosystem needs in order to succeed.
Let’s start with Scalability.