Month: September 2022

Bitpapa Enters Kenyan Cryptocurrency Market – Press release Bitcoin News

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press release PRESS RELEASE. In the face of financial regulators’ overall negative attitude toward digital assets, P2P marketplaces have become the platforms of choice across Africa. As the world leader in P2P cryptocurrency exchange, Kenya has drawn much attention from many P2P exchange service providers. Bitpapa is one of them, and it has recently entered the Kenyan crypto market. As a global P2P marketplace operating worldwide, Bitpapa has been offering cryptocurrency trading services since 2018, only a matter of time before it entered the highly lucrative Kenyan cryptocurrency market. Thanks…

Ethereum’s Transition to PoS Could Push PoW By The ‘Wayside’, Ethereum Co-founder Says

The “difficulty bomb” developers had placed in the code was a warning sign to miners that one day the transition would happen, Di lorio said. The difficulty bomb, as explained by Ethhub, is intended to “freeze” the chain by increasing “the difficulty level of puzzles” for the proof-of-work algorithm, which would result in reduced block production times and reduced rewards for miners. Source

Plaintiffs file for Dave Portnoy’s dismissal from SafeMoon lawsuit

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SafeMoon investors are letting Barstool Sports founder Dave Portnoy off the hook as the plaintiffs filed for his dismissal from the lawsuit against him for allegedly promoting the SafeMoon token.  On Aug. 8, the internet celebrity tweeted that he is being sued by investors for “shilling SafeMoon.” Portnoy claimed that he never received any compensation from the project and mentioned that he also lost a lot of money after investing in the token. He also highlighted that he told people that the project may be a scam before he made…

Top 3 Reasons Why Cradles Will Make You Want To Try The Metaverse

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The metaverse is fast becoming a household name. The innovation behind virtual reality has been around for a while and is only now starting to gain ground. Most of the current success of the metaverse can be attributed to the growth of gaming in the space that has seen players earn while enjoying this blossoming virtual reality. However, as more projects come out, it has begun to be a repeat of the same thing, with users in the space becoming bored with repetitive titles showing little creativity. Primarily, there have…

NEAR Blockchain Moves Ahead with Phase One of Sharding Upgrade

NEAR, which launched in 2019 with then-unrealized plans to boost transaction speeds by splitting its network into parallel processors (so-called sharding), kicked off Phase 1 or its “Nightshade” playbook facilitated by NEAR contributor Pagoda. This phase sees the introduction of specialist “chunk-only validators” that feed into the sharding mechanism but are easier to set up than full nodes. Source link

NEAR Protocol Forms Working Group to Promote DeFi Governance

“I’m usually thinking in blockchain terms, so it’s more of a protocol of how people interact and make decisions. And then we codify some of it in smart contracts, part of it will be codified in the constitution, part of it will be codified in the processes built around it,” Polosukhin said, referring to the computer programs that automatically execute transactions when preset conditions are met. Source