As the world faces an economic crisis, thanks to the coronavirus pandemic, the price of Bitcoin is going up. On April 29, Changpeng Zao, CZ, took to Twitter to share the good news that Binance hit $11 billion in trading in 24 hours. Binance is the largest crypto exchange in…
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What's The New Data on Blockchain Companies and Their Future?
The blockchains NXT and Ardor have recently experienced a spike in the network node number after rolling out a program for incentives. Jerulidia, which is the company behind both of these blockchains, said that both of their networks experienced a huge boost in the node numbers after they launched a…
This Man Says He Isn't Who Others Think He Is
Scott Stornetta, who is the co-inventor of Blockchain, recently discussed the origins of the name Satoshi Nakamoto and why that entity is not him. The original whitepaper on Bitcoin uses eight references. One is a general book on probabilities. The others are the foundation to cryptocurrency. Three of them were…
Binance Receiving Backlash From Cryptocurrency Purists For Being Too Powerful
Cryptocurrency purists believe that financial tokens can only be trusted as long as their blockchain networks are fully decentralized, meaning that decisions are made by all digital currency holders and not by a select group of individuals. For this reason, major digital currencies such as Ripple are often dismissed as…
Bitcoin Traders Affected By Global Economic Downturn Due To Coronavirus
The disruptive coronavirus pandemic, which has caused plenty of turmoil to global financial markets, was seen by some cryptocurrency traders as an opportunity to profit from investors seeking flight-to-safety strategies, but this has not been the case in recent weeks. Analysts who thought Bitcoin would reach the $10,000 price…
What Is New With Calibra and Its Byzantine Fault Testing
The Calibra team at Facebook has submitted a research paper that outlines a new method for Byzantine fault tolerance testing. Called Twin, Calibra is set up with a lightweight method that tests a network's ability to implement the fault testing. In the paper, Calibra asserts that the Byzantine…