With market value on the rise, the Bitcoin hash rate, as well as that of other proof-of-work (PoW) cryptocurrencies, is escalating. This increase is driving up electricity usage, which is once again sparking a debate over which type of blockchain architecture should be used for mass adoption. Unfortunately, the electricity issue is complex, with conflicting…
For many years leaders around the world dismissed cryptocurrency as lacking any true value or legitimate use. This attitude was due largely to a failure to understand, or respect, its revolutionary nature. Now that mass adoption is underway, crypto cannot be ignored, and voices are now emerging calling for it to be banned. Although misguided,…
In August, 2017 the Bitcoin scaling debate reached its zenith when opponents of Segregated Witness (SegWit) forked the main chain to create Bitcoin Cash. Supporters of the two cryptocurrencies have since sought to discredit each other in what has been by-far the most vocal turf war in the crypto space. Nevertheless, although there is still…
Cryptocurrency advocates have long held that developing nations present the strongest use case for mass adoption. Among these, South Africa is emerging as one of the most interesting examples of how blockchain assets are becoming integrated into an established financial system. The country holds enormous potential, and continues to have the strongest economy on the…
Excitement among Bitcoin advocates continues to build as the flagship cryptocurrency has moved past $10,000 and is showing no sign of a significant correction. Not surprisingly, press coverage is increasing as is interest from a wide range of investors. Much of the data surrounding Bitcoin use indicates an overall resurgence in adoption, yet this same…
It is no secret that traders make up the majority of crypto adopters, with exchanges serving as by-far the most active players in the blockchain space. The trading framework has thus far mirrored that found in legacy financial markets, such as those specializing in stock, bond, and fiat currencies. Margin trading, a very common legacy…
Binance has announced that it will no longer allow US citizens to use its primary exchange services. American customers have been given a 90 day grace period, after which deposits and trading will be blocked. This change comes just one day after the company had revealed that it is going to create a platform exclusively…
Since its creation in 2011 Litecoin has successful held its status as a top altcoin, despite significant market volatility and competition from more advanced platforms. It has recently seen a significant resurgence in value, once again showing its strength and proving critics wrong. With a strong community and development team as well as solid name…
Platform development is in full swing, as many teams are racing to make progress on their roadmaps. Although the basics of blockchain technology are relatively simple, there are many parameters around which it can be implemented. Permissioned platforms are not new, yet purists typically criticize them as lacking the most important characteristics of distributed ledgers.…
The Iota Foundation has announced that it will soon remove the Coordinator, a security related addition to the platform protocol. This move will be the most significant development to-date on Iota’s roadmap. If successful, it could transform the entire blockchain space.
As has been previously discussed, Iota is different from traditional blockchains in that it…
