Researcher: Google Quantum Breakthrough Could Improve Proof-of-Stake

Google’s quantum computer could purportedly help improve the random selection process of proof-of-stake cryptocurrencies. The application of Google’s quantum computing technology could purportedly help improve the technology which underpins proof-of-stake (PoS) cryptocurrencies. Quantum computing would create truly random numbers PoS is a type of consensus algorithm where block creators are randomly chosen with probability proportional […]

Continue Reading

Libra US Congressional Hearing — Recap Before Zuckerberg Faces Senate

Facebook CEO Mark Zuckerberg to testify before the House of Representatives Financial Services Committee regarding Libra for the first time. Today, Oct. 23, Facebook CEO Mark Zuckerberg will testify before the United States House of Representatives Financial Services Committee regarding Libra — the company’s stablecoin project that has been facing major regulatory backlash since the […]

Continue Reading

Deutsche Boerse, Commerzbank Settle Tokenized Securities Using DLT

Deutsche Boerse, Commerzbank and MEAG have piloted a post-trade securities transaction via tokens. German securities marketplace Deutsche Boerse and Commerzbank have completed a joint pilot transaction settlement of post-trade securities using digital tokens and distributed ledger technology (DLT). Tokens generated from both commercial bank money and securities  While the transaction also involved major German asset […]

Continue Reading

US Congressman: Default Reaction to Bitcoin, Blockchain Must Be ‘Yes’

U.S. Congressman Patrick McHenry, who represents North Carolina’s 10th District, says he wants regulators’ default reaction to crypto innovation to be “yes.” U.S. Congressman Patrick McHenry, who represents North Carolina’s 10th District, says he wants regulators’ default reaction to crypto innovation to be “yes.”  The Congressman — who goes by the moniker of “Mr. Fintech” […]

Continue Reading

Litecoin Foundation Pitches Opt-In MimbleWimble Via Extension Blocks

The Litecoin Foundation has published two new draft Litecoin Improvement Proposals that work toward establishing privacy features for the network. The Litecoin Foundation has published two new draft Litecoin Improvement Proposals that work toward establishing privacy features for the network. On Oct. 22, the Foundation shared links to details of the draft proposals on GitHub: […]

Continue Reading