Litecoin transaction fees are set to be reduced by ten times in the upcoming core release. And since fees temporarily eclipsed $50 per bitcoin transaction at the peak of $2017’s unforeseen bull run, which saw bitcoin rising from $1,000 to $20,000 in a 12-month time span, the topic of scaling solutions and lowering transaction fees …
According to recently released surveys and statistics, Litecoin, which is the seventh largest cryptocurrency in terms of market capitalization, has recently experienced a huge spike in trading volume. Lately, Litecoin trading volume has largely been consistent in the $200 million range. On the other hand, this has now changed, while the information from websites and …
Litecoin Trading Volume Increases, Price Unmoved Read More »
Those who believe in Litecoin have long touted it as “silver to bitcoin’s golds.” The seventh largest cryptocurrency has been much like physical silver, though, Litecoin at present trades well below its all-time high, having slipped to about $55 from a peak of $358. On the other hand, according to cryptocurrency hedge fund Multicoin Capital, …
Litecoin “Significantly Overvalued,” Analyst Says Read More »
Accounting firm EY has announced a tool that it claims will bring private transactions to Ethereum that’s a public blockchain and not an enterprise version. EY unveiled the prototype of their EY Ops Chain Public Edition (PE) that uses zero-knowledge proofs or ZKP. This will let custom tokens on the public Ethereum blockchain but maintain …
The Ethereum Foundation has recently announced that it plans to donate 15,000 ETC, which is just a shade less than US$135,000 (depending on the current price) to the Ethereum Classic Cooperative, released via the Ethereum Special Projects’ Medium blog. Following the announcement, many people in the cryptocurrency industry have claimed that the two institutions have …
Ethereum Foundation Donates $150,000 to Ethereum Classic Read More »
The Ethereum Enterprise Alliance (EEA) has rolled out a new set of specifications in an effort to offer standards for developers that use private iterations of the Ethereum Blockchains. [img desc: EEA announces new specifications for Ethereum developers] Exciting news flooded during the Devcon today at Prague, with the EEA announcing the release of its …
Chinese retail giant JD.com is improving its edge in the blockchain technology by launching a research lab for blockchain, according to a recently published announcement. [img desc: JD.com launches new Blockchain Research Lab in partnership with 2 Institutes] The blockchain research lab is established in cooperation with Ying Wu College of Computing at the New …
Retail Giant JD.com Launches Blockchain Research Lab Read More »
New York-based exchange operator Nasdaq is now integrating its Financial Framework with Microsoft Azure Blockchain, aiming to actively adopt the capabilities of the technology that underpins digital currency assets and opening new doors to opportunities in the blockchain technology race. This is the most recent addition to financial companies that are trying to harness the …
Nasdaq and Microsoft Tie Up for Blockchain Integration Read More »
The developers of a new token that uses bitcoin principles on the Ethereum blockchain say that users can now mine coins without using any equipment required. Bitcoinereum, which is an ERC-20 token created last year, is called by its developers as the “first bitcoin minable ERC-20 token on the Ethereum blockchain.” Its mining system copies …
Mining Bitcoin on Ethereum Blockchain Possible, Bitcoinereum Read More »
Bitcoin is “anything but useful” store of value, according to former US Federal Reserve chair Janet Yellen in her speech on Monday, a Canadian financial news outlet reported. Yellen spoke during the interview at the 2018 Canada FinTech Forum in Montreal. She rose to prominence in the cryptocurrency community last year as the target of …
Bitcoin “Anything but useful,” says ex-Fed Chief Yellen Read More »
A new survey by blockchain-focused research firm Clovr revealed that 60 percent of respondents believe that cryptocurrencies, such as bitcoins, should be considered as fiat currency during political elections. [img desc: Majority of Americans polled by Clovr believe crypto and fiat currencies should be treated the same in political campaigns] Throughout the course of the …
Crypto and Fiat Should be treated the same during Campaigns Read More »
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