Dogecoin’s halving schedule (and subsequent rate of issuance) before 2015, in stark contrast to that of its progenitors, was akin to a 100-meter dash. Blocks were generating every minute and rewards were getting halved every 69 days, resulting in block subsidies that rapidly depleted the network’s fixed supply of 100 billion DOGE. Source
Tag: Blockchain
Litecoin Undergoes Third ‘Halving,’ in Milestone for 12-Year-Old Blockchain
Litecoin, a “fork” or clone of Bitcoin, is sometimes affectionately referred to as “digital silver.” Both blockchains reward “miners” who process transactions and secure the network, with a reward – a combination of variable transaction fees and a predetermined “subsidy” that gets halved approximately every four years. (With Litecoin, they happen every 840,000 transaction blocks, and the average time to generate each block is about 2.5 minutes.) Source link
Blockchain IOT firm Nodle goes open source with Web3 bluetooth ‘nanocomputer’ sticker
Decentralized network provider Nodle has launched a bluetooth hardware sticker that is aimed at increasing Internet-of-Things (IoT) connectivity for a variety of industrial use cases. The firm announced that it will open source it’s Nodle NanoComputer (N1), which features a Hardware Security Module (HSM) that enables a range of bluetooth operations. The N1 can be attached to any variety of items, with use cases ranging from logistics to track and trace applications. An artist’s impression of the Nodle Nancomputer N1 bluetooth chip. Speaking exclusively to Cointelegraph, Nodle co-founder Garrett Kinsman said the…
ICP-based blockchain chat app launches ‘Communities’ to compete with Discord
Blockchain chat app OpenChat has enabled users to create Discord-like servers called “Communities,” according to an Aug. 2 announcement. Early UX prototype for OpenChat Communities. Source: OpenChat OpenChat is a blockchain-based chat app running on the Internet Computer (ICP) network. It facilitates mostly crypto-oriented chat groups, including some with a few thousand members. LootMoneyArmy (3,201 members), Magnetic (2,703 members) and DFinityVN (2,597 members) are some examples of OpenChat groups. The app’s development team first announced the Communities feature in February. At the time, they observed that users were employing OpenChat…
How AI Artificial Intelligence, Web3 Blockchain and Humans Can Work Together to Solve Complex, Global Problems
Cultural and regulatory conversation worldwide today show that there is a lot of fear around AI. AI is going to take over the world, it’s coming for everyone’s job, it’s going to destroy Hollywood: choose your own dystopian adventure. I don’t want any of those things to happen, either, but I’m an AI optimist at heart. There are a lot of things that humans are pretty bad at, and we should want AI to help us with those things, and work together with us to fix them, especially when it…
Toyota GR Cup will award digital trophies on Polygon blockchain to race winners
The Toyota GR Cup, a North American racing series held by Toyota Gazoo Racing, recently announced it will start awarding digital trophies and record driver performances on the Polygon blockchain. Image source: Toyota press release. Per a press release, the new on-chain awards system will include digital trophies for podium finishers (drivers who take first, second, or third place in a race). The ledger entries will also include statistics about the race and the drivers performance. According to Jack Irving, executive commercial director for Toyota Racing Development (TRD), the point…
Taj Quantum Utilizes Blockchain in Authentication Systems, Awarded Patent for Groundbreaking Type II Superconductor
Taj Quantum, a company specializing in quantum technology and blockchain-based authentication systems, has been awarded a patent by the United States Patent and Trademark Office (USPTO) for its Above Room Temperature Type II Superconductor. The patent, numbered #17249094, was announced on July 31, 2023. The patented superconductor operates at a wide range of temperatures, from about -100° F (-73° C) to about 302° F (150° C). This range, which includes temperatures well above room temperature, is a characteristic uncommon in the world of superconductors. Inventors John Wood and Paul Lilly,…
Shanghai to implement blockchain infrastructure by 2025
Shanghai’s government unveiled an implementation plan on July 31 aimed at propelling the growth of its urban blockchain digital infrastructure system from 2023 to 2025. The plan is designed to drive the city’s digital transformation and bolster blockchain adoption in various sectors, including the economy, public services, and urban governance. On-chain and cross-chain development In the website update, authorities share they plan to accelerate the construction of Pujiang digital chain’s urban blockchain digital infrastructure system, having it in full operation by 2025. By design, the system will offer rapid on-chain and…
What is Agent GPT? | Blockchain News
Agent GPT is an innovative autonomous AI Agent platform that empowers users to create and deploy customizable autonomous AI agents directly on the web. This comprehensive overview explores the features, functionalities, use cases, and future prospects of Agent GPT. Introduction Agent GPT is an open-source project that allows users to create autonomous AI agents built on GPT-4. These agents can act autonomously, write their own code, and perform various tasks on the internet. The platform is gaining popularity for its user-friendly interface, customization options, and potential applications ranging from chatbots…
Researchers develop blockchain verification service for cultural artifacts
Computer scientist Adel Khelifi, of the University of Abu Dhabi, and archaeologist Mark Altaweel, from University College London, recently announced the development of a Web3-based verification-as-a-service model for determining and recording the authenticity and provenance of cultural artifacts. Called Salsal, the big idea behind the service is to bridge the world of historical artifacts with an on-chain validation system that can’t be fudged or cloned. In an email interview with Cointelegraph, Altaweel said Salsal would be offered specifically to “cultural heritage organisations.” Related: TemDAO world heritage project helps cultural sector…