Explaining Hash Rate Or Hash Power In Cryptocurrencies

If you are new to the world of cryptocurrencies, I guess you would have heard this number of times that Bitcoin’s hash rate, also referred to as hash power, has increased or come down. Does the term make you wonder what it actually means? I actually used to wonder in my initial days as to what ...

JPMorgan Has Big Plans for Blockchain

JPMorgan Chase & Co.’s (JPM) distributed ledger venture, Quorum, recently made news when its head, Amber Baldet, moved on to start her own company. But her departure has hardly put the brakes on its ambitious plans for the future. (See also: JP Morgan Looking to Ethereum Blockchain.) A post in Coindesk states that Quorum has “amassed a tribal following” among developers. In ...

Singapore Fintech Festival Takes Asean Focus In Third Run

THE Singapore Fintech Festival will focus on fintech developments and opportunities in Asean in its third run this year, said organisers from the Monetary Authority of Singapore (MAS) on Wednesday. The annual festival – to be held from Nov 12 to 16 this year – comes as Singapore holds the chairmanship of Asean. To that ...

Goldman Sachs to Open a Bitcoin Trading Operation

SAN FRANCISCO — Most big banks have tried to stay far away from the scandal-tainted virtual currency Bitcoin. But Goldman Sachs, perhaps the most storied name in finance, is bucking the risks and moving ahead with plans to set up what appears to be the first Bitcoin trading operation at a Wall Street bank. In ...

What is the Bitcoin “Lightning Network?”

Bitcoin developers and users alike have been looking for a solution to the ongoing problems that have resulted from the rapidly growing interest and demand for the cryptocurrency. August 24, 2017 was seen as a big day for Bitcoin; it was on this day that SegWit was implemented on the Bitcoin network. SegWit is a protocol which will allow ...

Singapore Initiative Expedites Blockchain Patent Approval Process

Fintech companies in Singapore will have patents approved faster thanks to an expedited patent application-to-grant process initiative announced by the Intellectual Property Office of Singapore (IPOS). Patents will be granted in as soon as six months, compared to two years minimum for normal applications, according to an announcement published on the IPOS website. Low Yen Ling, senior ...

Nasdaq Is Open to Becoming Cryptocurrency Exchange, CEO says

Once the space matures, Nasdaq is open to becoming a platform for trading cryptocurrencies like bitcoin, according to the company’s CEO. “Certainly Nasdaq would consider becoming a crypto exchange over time,” Nasdaq CEO Adena Friedman told CNBC’s Squawk BoxWednesday. “If we do look at it and say ‘it’s time, people are ready for a more regulated market,’ ...

NASA Begins Research On Ethereum Blockchain Technology

The National Aeronautics and Space Administration (NASA) and Researcher at the University of Akron (UA) are researching on using Ethereum Blockchain Technology to enhance space communications and navigation. A statement by the university revealed that  Dr. Jin Wei Kocsis, assistant professor of electrical and computer engineering, received a three-year, $330,000 Early Career Faculty grant from NASA to ...

Will Other Distributed Ledgers Replace Blockchain?

Should we replace blockchain with something else? That’s a question many technologists are asking in the wake of scaling challenges for key blockchain platforms. Blockchain is undergoing some growing pains. The core platforms that are the most well-known in the blockchain ecosystem, Bitcoin and Ethereum, have both run into challenges over the past year with scalability. Bitcoin & ...

What Is A Cryptocurrency Airdrop?

What is a crypto airdrop? A​ ​crypto airdrop​ ​is​ ​when​ ​a​ ​blockchain project distribute​s ​free​ ​tokens or​ ​coins ​to​ ​the​ crypto ​community. To​ ​be​ ​a​ ​recipient​ ​of​ ​an​ crypto ​airdrop often​ ​the​ ​only​ ​requirement​ ​is​ ​that​ ​you​ ​have​ ​coins from the relevant blockchain stored​ ​in​ ​your​ ​wallet. Examples of this format of airdrops are Byteball, ...

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