After first promoting the rollout of his personalized tokens at the EthCC, Alex Masmej announced the IPO had raised $20,000 since April 7. Alex Masmej, founder of a company offering loans against non-fungible tokens, has just raised $20,000 after selling his personal tokens on the Ethereum network. In a Tweet to his 3,000+ followers on […]
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Major Steem stakeholder Dan Hensley accuses TRON founder Justin Sun of attempting to bribe him with “money, power and users.” Major Steem stakeholder Dan Hensley has levied heavy accusations at TRON founder and CEO Justin Sun. According to Hensley’s April 8 writeup, Sun “bribed” his way to the top of the Steem hierarchy with “money, […]
Continue ReadingA video posted to Reddit claims to confirm that Reddit is preparing to launch a reputational currency built on the Ethereum blockchain. More details appear to have leaked regarding Reddit’s rumored Ethereum (ETH)-based “Community Points” system. A video posted to the platform purports to show a draft of FAQ copy explaining how the system will […]
Continue ReadingThe Center for Scientific Evidence in Public Issues penned an open letter urging officials not to utilize blockchain for U.S. elections. With images from the Wisconsin democratic primary flooding the internet this week showing voters braving hail and cold weather in the middle of a pandemic, Americans may be looking for a better way to […]
Continue ReadingBlockchain tech can bring the trust and transparency that are essential during a crisis, especially a global one. The COVID-19 pandemic is not going to end soon. Fear and anxiety have skyrocketed, and nearly half of the people in the United States feel the coronavirus has harmed their mental health. People are scared, anxious, depressed, […]
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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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The lack of institutionalization within the crypto space is the main obstacle for its further development and mass adoption. If the current COVID-19 pandemic has exemplified one thing, it is that our individual actions have consequences for all of us. Unfortunately, human nature propels the majority of humankind to put its individual interests first, and […]
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The proof-of-stake ecosystem continues to refine itself and find creative solutions in pursuit of decentralized consensus — despite the problem’s complexity and challenges. Oh, the wonders of decentralized consensus — that dream of permissionless blockchains to be censorship-resistant, trustless, collaborative and egalitarian for a potentially global community of users. While lofty in ideals, consensus is […]
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Smart cities have become one of the most discussed topics recently, but what do they really mean? And why do we call them “smart”? My journey into smart cities and their future development was a really big surprise, as the way I arrived there was not something that I had planned. I was working as […]
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Blockchain is an amazing technology, but there are pros and cons to its mass adoption. Let’s have a look at both perspectives. Yes, that’s the question we are asking today. Is blockchain technology necessary? The answer is tricky. To arrive at the conclusion takes an unbiased perspective. Bankers and people in the stock market will […]
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