Interchain Data Hosting Project Combines Edge Computing With DLT

Interchain decentralized data hosting project Bluzelle announced the launch of its mainnet which aims to combine the advantages of edge computing with DLT. Interchain decentralized data hosting project Bluzelle (BLZ) announced the launch of its mainnet which aims to combine the advantages of edge computing with distributed ledger technology (DLT). According to an announcement shared […]

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Binance Hits Back at ‘Embezzlement’ Claim

Binance has rejected allegations that it misappropriated a user’s funds and provided screenshots to show it acted at the request of South Korean authorities. Binance has fired back at claims that it ‘embezzled’ hundreds of thousands of dollars in funds that were frozen from a user’s account in November 2018. In a lengthy statement the […]

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South Korea’s Largest Crypto Unveils New Consensus Algorithm

ICON unveils a new consensus algorithm which improves scalability and network bandwidth without sacrificing security. South Korea’s largest public blockchain project, ICON (ICX), announced its new Loop Fault Tolerance 2.0 (LFT 2.0) consensus algorithm on April 8. The new algorithm claims to make performance improvements in scalability and network bandwidth over the popular Practical Byzantine […]

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Exclusive: US Congressional Watchdog on Prototyping Smart Contracts

Cointelegraph spoke to Chuck Young of the US Government Accountability Office to learn about the agency’s exploration into DLT. The supreme audit institution of the United States, the Government Accountability Office (GAO), posted two job positions with its Innovation Lab concerning the development of prototype applications for blockchain technology during March. Cointelegraph spoke to Chuck […]

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ETH 2.0 Development Firm CasperLabs to Work on Its Own Blockchain

CasperLabs, the firm tasked with developing Ethereum’s implementation of proof-of-stake, decided to launch its own blockchain. CasperLabs, the firm tasked with developing Ethereum’s implementation of Proof-of-Stake (PoS), has decided to launch its own blockchain. According to a recent announcement, CasperLabs plans to launch its own PoS blockchain in collaboration with Singapore-based crypto exchange BitMax. BitMax […]

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