The Ethereum team has been trying to solve the blockchain scalability problem since 2014. During that time, solutions such as Raiden, Plasma, zk-SNARKs, sharding and rollups appeared in the developers’ tool kit. However, the implementation of some of them was constantly delayed, while others proved to be of limited efficacy. This was the issue until Ethereum’s Istanbul hard fork was implemented in December 2019, which gave hope that the network can finally become suitable for corporate use. Cointelegraph attempted to figure out whether the situation with the second-largest cryptocurrency’s scalability…
Day: April 23, 2020
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China Set to Launch National Blockchain Infrastructure To Drive Innovation in Distributed Ledger Technology
This coming weekend on April 26-27, China is set to release a new national Blockchain-based Service Network (BSN) to bring relief to the existing problem of the high cost of developing and deploying blockchain applications by providing public blockchain resource environments to developers at Chinese companies. The English version of the project states: The underlying intentions of the design and creation of the BSN are to provide a public infrastructure network that allows the low-cost development, deployment, operation, maintenance and regulation of consortium blockchain applications. As a global public network,…
Gamers Won’t Be Able to Imagine Gaming World Without Blockchain
Cointelegraph spoke with Josua Kim, CEO of Vinetree Corp. — the company behind GameTalkTalk DApp on the blockchain-based Lutena Protocol. Mr. Kim spoke about blockchain applications in the video gaming space, and Vinetree’s vision of the industry’s future. In search of better ways to match games with potential users Kim believes that game companies are going to find it more and more difficult to effectively target their marketing dollars. Kim explained: “As much as our clients are important to us, our users are at the forefront of our business and…
Gamers Won’t Be Able to Imagine Gaming World Without Blockchain
Cointelegraph spoke with Josua Kim, CEO of Vinetree Corp. — the company behind GameTalkTalk DApp on the blockchain-based Lutena Protocol. Mr. Kim spoke about blockchain applications in the video gaming space, and Vinetree’s vision of the industry’s future. In search of better ways to match games with potential users Kim believes that game companies are going to find it more and more difficult to effectively target their marketing dollars. Kim explained: “As much as our clients are important to us, our users are at the forefront of our business and…
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General Bytes ATM Developers Add Two-Way Support for Bitcoin Cash-Based SLP Tokens
The Simple Ledger Protocol (SLP) has been extremely popular among Bitcoin Cash (BCH) advocates and the SLP token universe has grown quite large. SLP tokens have seen a myriad of applications built around them and a slew of unique tokens have gained real-world value after being listed on exchanges. Now the cryptocurrency automatic teller machine (ATM) manufacturer, General Bytes, announced the team has recently implemented two-way support for the SLP token standard on the Bitcoin Cash chain. General Bytes Crypto ATMs Now Support SLP Token Functionality Just recently, the crypto-ATM…
Facebook Reliance Jio deal: Positive Impact on the blockchain and cryptocurrency industry in India?
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Facebook has invested $5.7 billion into Reliance’s Jio Platform for about 10% stake in the platform. This is the single biggest minority investment by a technology player into India and Facebook’s largest investment in India toll date. While the deal is expected to have a huge impact on the e-commerce and retail space, it is likely going to have a huge impact on the blockchain and cryptocurrency industry in India. Facebook has already announced its Libra project and Reliance Jio is also…
Tezos’s XTZ Could Hit Historic High against Bitcoin in 2020
Tezos’ native token XTZ is steadily trending upwards against Bitcoin since October 2019. A medium-term ascending trendline is offering strong support to the said uptrend. Favorable fundamentals and technicals could lead XTZ to establish an all-time high in bitcoin-enabled markets. Tezos blockchain’s native asset XTZ could register a historic high against Bitcoin in 2020 despite facing the risks of deeper dives. The tenth-largest cryptocurrency surged by circa 313 percent after bottoming out near 7,963 sats in October 2019. At its highest, XTZ was trading at 38,644, but a Coronavirus-induced sell-off led…
Tezos’s XTZ Could Hit Historic High against Bitcoin in 2020
Tezos’ native token XTZ is steadily trending upwards against Bitcoin since October 2019. A medium-term ascending trendline is offering strong support to the said uptrend. Favorable fundamentals and technicals could lead XTZ to establish an all-time high in bitcoin-enabled markets. Tezos blockchain’s native asset XTZ could register a historic high against Bitcoin in 2020 despite facing the risks of deeper dives. The tenth-largest cryptocurrency surged by circa 313 percent after bottoming out near 7,963 sats in October 2019. At its highest, XTZ was trading at 38,644, but a Coronavirus-induced sell-off led…