We are used to thinking about "proof-of-work" and "proof-of-stake" as the optimal method for blockchain consensus mechanisms, but there are other ways that blockchain implementations deal with the confirmation and double spending issues.
Specifically, in this article, we are going to explore how "Proof of Burn" (PoB) is working out for a cryptocurrency called Counterparty (XCP).…
When it comes to digital marketing in today’s market, there are several companies like Google or Facebook that dominate the advertising space. It is a $1 billion dollar industry that consists of advertisers, publishers, and users. Over the years, digital marketing has grown to an opaque and inefficient marketplace that has many downsides. When you…
Ever since the first decentralized blockchain-based cryptocurrency (Bitcoin), there have been attempts at a network takeover, termed a "51% attack." These occur when an individual or group of miners controls more than 50% of the networks hashing power, enabling them to create a fork of the blockchain that is constructed faster than the original. By…
Established in 2013 as EXMO Finance LLP, EXMO is a small UK-based exchange that offers a fairly wide selection of cryptocurrencies as well as several fiat-to-crypto trading pairs. Compared to other crypto exchanges, there are a lot of fiat deposit options available on EXMO, such as EUR, USD, Ukrainian Hryvnias (UAH), as well as Russian Rubles…
On February 28th, the second meetup under the name "HODL is the name of the game" was held at the Kavarna Sputnik in Ljubljana, Slovenia. The event was hosted by the Slovenian Blockchain association which is devoted to helping people and organizations understand and implement the benefits of blockchain technology. Four interesting talks…
Risk management system saves the day! World-renown cryptocurrency exchange “Binance” successfully defended itself and recovers from a hacking attempt. In a matter of minutes, the system detected a discrepancy and closed the withdrawing capabilities.
What we know is that the potential of a cyber-attack on the China-based exchange platform started increasing in January as the…
What is Cardano?
Cardano is a decentralized open source public blockchain project. The cryptocurrency of the network is called ADA. What makes this blockchain unique is the scientific philosophy approach to developing Cardano and the research-first methodology to developing all the features of the network. Before starting to talk about what makes Cardano…
Darko Bodnaruk is the organizer of an Ethereum community in Ljubljana, the capital of Slovenia. His non-commercial meetups have been going on for four years now, and apart from a few missed months, this community has consistently hosted monthly meetups for themselves. On the 27th of February the meetup was organized in a location called…
Disclaimer: This is a paid sponsored article, and it does not reflect the values or beliefs of the news network and the author. We keep due diligence to understand and relay the project as best as possible, but it is up to you to do your own research and evaluate your own investments.
Hidden danger.
The…
Binance, one of the hottest and newest exchanges from China having started with their operations in July 2017, dedicated to only trading coin to coin, has currently shut down trading, depositing, and withdrawing activities due to a server issue. What started off as a small server maintenance issue quickly escalated, as we can testify through…
