What is blockchain, and what does it have to do with cryptocurrency, writes Thomas Hum on Yahoo Finance. Blockchain is a type of database composed of a growing list of records, individually known as blocks, that are chained together through computer cryptography. The goal of blockchain is to allow for the recording and distribution of…
Binance Coin is raising. Cardano has doubled in August, becoming the third-largest digital coin, while Avalanche has tripled. Meanwhile, prices for NFTs, mostly funny digital photos or cartoon depictions, are going mad, sometimes quadrupling in a few days. Analysts and investors did not come to a consensus on what’s driving this craze. Some suggest speculators…
Cardano plans to make its blockchain interoperable and compete with the DeFi ecosystem based on Ethereum. Using its native altcoin (ADA), Cardano is getting closer to its decentralized finance objectives in partnership with dcSpark. dcSpark, a product-based DLT company, announced on Wednesday plans to develop a new sidechain project titled “Milkomeda” to aid cryptocurrencies not…
Microsoft’s research department, with the participation of researchers from Alibaba and Carnegie Mellon University, released a new paper, in which was studied a blockchain-based incentive system for anti-piracy campaigns. The Redmond-based software giant plans to combat piracy rely on the transparency of Ethereum blockchain technology. In a new paper released by Microsoft, the major software…
Ethereum became the most traded cryptocurrency on the Coinbase exchange during the three months through June, while investors explored the world of decentralized finance. It accounted for 26% of Coinbase’s trading volume in the second quarter. Ethereum, the world’s second-largest cryptocurrency by market capitalization, shared for 26% of the trading volume on Coinbase, compared to…
Ethereum began as a spark in the eye of co-founder Vitalik Buterin’s back in 2013. That’s when he released the whitepaper for the project, though the Ethereum network wouldn’t see the light of day until 2015. In between, there was the Ether sale in 2014, which is when early buyers could scoop up some of…