QtumX protocol can reportedly handle more than 10,000 transaction per second. What about others? Open-source project Qtum representatives claim that their enterprise blockchain dubbed ‘QtumX’ can accommodate “more than 10,000” transactions per second (TPS), according to a press release recently shared with Cointelegraph. With yet another player being added to the scalability race, it makes […]
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According to research conducted by the Bank for International Settlements, Bitcoin’s problems are only solvable by departing from proof-of-work. Bitcoin’s (BTC) problems are only solvable by departing from a proof-of-work (PoW) system, according to research published by the Bank for International Settlement (BIS) on Jan. 21. According to the paper, when in the future Bitcoin’s […]
Continue ReadingMajor U.S. universities including MIT, Stanford and UC Berkeley have teamed up to fund a new digital currency. A group of researchers from top United States universities have announced the launch of a “globally scalable decentralized payments network,” according to a press release published today, Jan. 17. The development of the cryptocurrency, dubbed “Unit-e,” is […]
Continue ReadingBlockstream has announced the Beta version of its Satellite API designed to broadcast encrypted data. Blockchain technology company Blockstream is launching the beta version of its Blockstream Satellite API, designed to help developers broadcast data via the company’s satellite network. The launch was revealed in the official announcement published Jan. 16. The move follows the […]
Continue ReadingBitfury Surround joins the various blockchain solutions attempting to introduce more transparency to commercial music structures. Blockchain and Bitcoin mining manufacturer Bitfury announced the launch of a dedicated venture to open source the music industry in a blog post on Jan. 16. The spin-off, dubbed Bitfury Surround, aims to tackle the complex and often unfairly […]
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Cryptocurrency pioneer Nick Szabo has argued that amidst rising geopolitical uncertainty, central banks could soon turn to cryptocurrency reserves. Cryptocurrency pioneer Nick Szabo has argued that central banks could soon turn to cryptocurrencies to shore up their reserves, Finance Magnates reports Jan. 9. Szabo is a veteran cryptographer, having developed the concept of “BitGold” — […]
Continue ReadingPascal Boyart set up the secret mural stash to celebrate the tenth anniversary of the Bitcoin genesis block. A French graffiti artist has hidden $1000 in Bitcoin in his latest project, he confirmed in a blog post Jan. 6. Pascal Boyart, who last year embedded a Bitcoin (BTC) wallet QR code in his work to […]
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Despite the “crypto winter,” the Bitcoin Lightning Network’s capacity has climbed up to 500 BTC, which is worth around $2 million. The capacity of the Bitcoin (BTC) Lightning Network (LN) has surpassed $2 million on Sunday, Dec. 23, according to data provided by BTC statistics website bitcoinvisuals.com. Despite the year-long bear market, combined with the […]
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Crypto artist “cryptograffiti” has sold a tiny artwork in a “micro auction” in a bid to promote Lightning Network (LN) micropayments. Crypto artist “cryptograffiti” has sold a tiny artwork in a “micro auction” in a bid to promote Bitcoin (BTC) Lightning Network (LN) micropayments, according to a post from the artist’s Reddit handle published Dec. […]
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Blockstream’s satellite service hopes to increase the footprint and accessibility of the Bitcoin network around the world. Bitcoin’s wireless broadcast footprint has been expanded substantially thanks to Blockstream’s most recently leased satellite. The blockchain development firm confirmed it has leased a fifth satellite on Dec. 17, which is being used to broadcast the Bitcoin blockchain […]
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