Amsee

16 articles published

Homomorphic Encryption & What it Means for Blockchain

For those not familiar with cryptography, encryption, in its most basic sense, is a cryptographic equivalent of a lock and key. In a way similar to locking your valuables in a safe, encryption allows sensitive data to be protected. Once data has been encrypted, it’s converted to an unreadable, meaningless form that cannot be understood.…

January 14, 20190Comments

ByAmsee

News

Project Ubu: The Ambitious South African Cryptocurrency

Universal Basic Income (UBI) is a very popular topic at the moment. Countries like Finland and the Netherlands have conducted exploratory initiatives on the topic, with small-scale experiments to see how it fares. UBI is a concept that is increasingly advocated by those who want to streamline the social welfare system while simultaneously future-proofing it for a…

October 7, 20170Comments

ByAmsee

News

Raiden ICO: A Public Coin for the Off Chain Scaling Service

The Raiden Network is a development for Ethereum that seeks to move transactions off the ETH blockchain, making it more efficient for users and making the blockchain faster. It involves creating smart contracts between users so they can exchange funds between each other, and the overall balance is only settled when one of the contract…

October 6, 20170Comments

ByAmsee

Pirate Bay tests embedded crypto miner as possible source of revenue

Torrent websites have become the most common way for users across the world to access pirated content in a peer to peer fashion. While the technology has boomed in the last few years, Governments across the world have attempted to shut down these websites for hosting copyright content. Maintaining servers and retaining databases of magnet…

September 26, 20170Comments

ByAmsee

News

Cryptocurrency Markets Volatile after China Vows Strict Action

In the past few days, there has been increasing concern among cryptocurrency investors regarding the effect of Chinese authorities’ measures on restricting blockchain activity in the country, especially with regards to the tightening of restrictions on exchanges and ICOs. This has sent the price of Bitcoin and other cryptocurrencies crashing down. Here are some of…

September 21, 20170Comments

ByAmsee

Altcoins

Burger King Russia launches “Whoppercoin”, accepts crypto as payment method

Whoppercoin is a cryptocurrency made by Burger King which can be traded for Whoppers. Ever get tired of using retailers’ loyalty apps or punch cards? Wouldn’t you much prefer a more complicated system that incorporates tech-buzzwords and hype? Why not try using a cryptocurrency loyalty program instead? That’s the bold vision behind Whoppercoin, Burger King Russia’s new…

September 15, 20170Comments

ByAmsee

Bitcoin

Cryptocurrencies in Emerging Markets: India

India is the world’s third largest economy, and is set to grow at a rate that may surpass that of China within a few years. In Prime Minister Narendra Modi's vision of a Digital India, a lot of emphasis has been placed upon cultivating technology to solve the most rudimentary of purposes and tasks. This…

June 27, 20170Comments

ByAmsee

News

Luxury villa goes up for sale in Bitcoin

As Bitcoin breaks more and more into a functional currency, its reach and usefulness continues to expand. In the latest move towards being a full-blown valuable, virtual currency, a luxury villa in Switzerland has been put on the market with the price tag attached in Bitcoin. Stefan Christiani, a 36-year-old Swiss resident, is looking to cash…

June 26, 20170Comments

ByAmsee

News

Ethereum Flash Crash

Ethereum sought to remind many of the volatility of cryptocurrencies when a multi-million dollar dump saw the price of Bitcoin’s biggest rival crash from over $300 to less than $1 in a matter of seconds. Ethereum has been rocketing in the markets as it surged earlier this year from being a minor coin trading for a…

June 24, 20170Comments

ByAmsee

News

Top 5 Upcoming ICOs to Look Out For

Initial Coin Offerings (ICOs) are becoming an increasingly popular medium for startups to fund their business, at the same time providing investors with potentially lucrative returns on their investments. Most ICOs are based on Ethereum because it offers Smart Contracts, a feature allowing a startup to distribute its earnings to investors. It must be noted…

June 24, 20170Comments

ByAmsee