Capacity

Why Trust, Openness, and Interoperability Are Vital to Data Exchange

Source Node: https://beincrypto.com/why-trust-openness-and-interoperability-are-vital-to-data-exchange/
Time Stamp: December 26, 2020 5:10 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Things are changing rapidly and there is a significant rise in demand for decentralized data solutions. How do decentralized data solutions work? How effective are they? In which business instances can they help? Decentralized data protocols and marketplaces give individuals and enterprises the opportunity to monetize their data in a way that is safe and compliant. Through blockchain technology, information is traceable and verifiable via its decentralized application archive. Data that flows through its decentralized archive is immutable and cannot be changed, allowing for increased control both within and between

Bitcoin Touches $12,000 While Gold Continues Its Rally

Source Node: https://www.bitcoinmarketjournal.com/bitcoin-12000/
Time Stamp: August 17, 2020 3:58 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Of the many things that happened over the weekend, perhaps the most significant was the announcement from Warren Buffett that he’s now investing in gold and gold-related assets. They say you can’t teach an old dog new tricks, and this is a huge shift in investment principals for the Oracle of Omaha. Long contending that gold is not a worthwhile asset to invest in, Warren is now very abruptly seeing the appeal. Why? … You know why. This is about money printing. The printer is working overtime, and this is

Bull Runs, Mining, and Tor Attacks: Bad Crypto News of the Week

Source Node: https://cointelegraph.com/news/bull-runs-mining-and-tor-attacks-bad-crypto-news-of-the-week
Time Stamp: August 15, 2020 7:00 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Last week, the Bitcoin news was all about lift-off. This week, it’s all about the leveling off. Bitcoin ends the week around $11,400, a fall of about 2.7 percent over the last seven days. That drop included a correction of $700 in one day so the question now is whether the bullish moment has gone or will Bitcoin push on to $15,000? Its first mission will be to break the resistance at $12,000. Bitcoin failed to do that twice in ten days but consolidated after each failure, which some experts believe

Why Chinese Miners Won’t Stage a 51% Attack on Bitcoin

Source Node: https://cointelegraph.com/news/why-chinese-miners-wont-stage-a-51-attack-on-bitcoin
Time Stamp: August 11, 2020 7:32 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

China accounts for more than half of the world’s Bitcoin mining capacity but Jameson Lopp, the co-founder and CTO of Casa, has hosed down fears that Chinese miners are a threat to Bitcoin in a blog post on Aug. 9.Although many people have raised concerns over the concentration of such much hashpower being located in China, Loop pointed out that even in the event of a 51% attack on Bitcoin, attackers are limited in what they can actually do. He explained that attackers can't steal people's Bitcoin arbitrarily, nor change the consensus

UAS: The First Government to Bring Blockchain Development to The Masses

Source Node: https://bitcoinerx.com/blockchain/uas-the-first-government-to-bring-blockchain-development-to-the-masses/
Time Stamp: August 10, 2020 3:39 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

What constitutes development? Would one know it when they saw it? More importantly, why should it matter whether or not a nation attains it? Answers to these seemingly simple questions are as varied as people are. However, simply put, development is the expansion of a nation’s economy, complemented with a significant rise in its citizens’ living standards. From this, it is apparent that development is visible—additionally, its attainment matters. Africa, compared to other regions, is underdeveloped, albeit resource-rich. Ironically, incomes continue to rise across the continent while a majority of

What is Flexa Coin? A Guide to FXC Token

Source Node: https://www.asiacryptotoday.com/flexacoin-fxc/
Time Stamp: August 9, 2020 4:16 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

A look at the Flexa project, its background, history, and its native asset, Flexacoin. We will also talk about its underlying protocol, as well as its role in the Decentralized Finance (DeFi) field. The Flexa project claims to be the “simplest and safest way” to allow retail usage of crypto-currencies today. This DeFi project has acquired its reputation and value by enabling different crypto-assets to be used for payments on its digital wallets. And these are done in an instant and highly-secure manner for users and merchants alike. Built on

Ransomware Attacks Demanding Crypto Are Unfortunately Here to Stay

Source Node: https://cointelegraph.com/news/ransomware-attacks-demanding-crypto-are-unfortunately-here-to-stay
Time Stamp: August 8, 2020 3:00 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Year after year, the ransomware landscape changes dramatically. In 2019, a new resurgence of attacks occurred as businesses and government institutions became the main targets of ransomware, given their capacity to yield larger payouts. The most recent attack was against Garmin, a navigation systems company, on July 23. Due to the attack, many of its online services such as customer support, website functions and company communications were affected. Reportedly, the Russian cybergang Evil Corp launched the attack, demanding $10 million in cryptocurrency to restore access to Garmin’s services. Overall, according to a

Grandmas On Lightning

Source Node: https://bitcoinmagazine.com/articles/grandmas-on-lightning?utm_source=rss&utm_medium=rss&utm_campaign=grandmas-on-lightning
Time Stamp: August 6, 2020 1:33 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Is Bitcoin Too Hard To Understand? I’ve spent a huge part of the last three years explaining Bitcoin to general audiences and the most common form of resistance I encounter is: “Bitcoin is too complicated. The masses will never understand it.” It’s a fair argument. Bitcoin is complicated and if you want to reach a competent understanding of the big picture then, at a minimum, you’d better get ready to learn about peer-to-peer networks, cryptography and the history of money. It’s for this reason that I find it bizarre when

What is Serum? A DeFi Derivatives DEX Guide

Source Node: https://www.asiacryptotoday.com/serum-srm-guide/
Time Stamp: August 3, 2020 5:54 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

DeFi-based exchanges have seen wild success in 2020 thanks to yield farming, which has incentivized hundreds of thousands of users to provide liquidity to these platforms. With that being said, DEXs are still a far-cry from centralized exchanges in both UI and UX. Serum is here to change all that. Serum is a protocol that claims to be “pure DeFi” as they have managed to address a lot of issues the space is facing. Most of the users in DeFi today are not traders but yield farmers. Yield farmers are