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Ethereum’s Time Is Coming – Here’s Why

Source Node: https://coinrabbit.io/blog/ethereums-time-is-coming-heres-why
Time Stamp: December 24, 2020 2:12 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

On December 1, an event that has been anticipated for the latest several years took place — Ethereum 2.0 went live. Its launch has been rescheduled several times, while the expectations from a new stage of Ethereum development are extremely high.  With all the advances that will be implemented in the network in the next few years, Ethereum is to drastically increase its scalability, efficiency, and security without any harm to decentralization. From a widely recognized open-source platform for DApps’ developers, Ethereum is aiming to become a pillar of the

Web Traffic on Global Crypto Exchanges Surged 13% in July

Source Node: https://cointelegraph.com/news/web-traffic-on-global-crypto-exchanges-surged-13-in-july
Time Stamp: August 10, 2020 8:59 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Global crypto exchanges have reportedly seen a significant increase in web traffic in July as cryptocurrency prices gained momentum.According to data from crypto analytics startup ICO Analytics, web traffic on global crypto exchanges increased by 13% on average in July 2020. Illia Kmez, head of content at ICO Analytics, told Cointelegraph that centralized crypto exchanges added 26% in web traffic since December 2020. In order to provide calculations, the startup analyzed web traffic of around 100 exchanges including international trading platforms and exchanges that only operate in one country, Kmez said.While

South Korea’s ICON Reveals new Consensus Algorithm

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Time Stamp: April 9, 2020 8:18 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

ICON, the largest public blockchain network of South Korea, has recently announced its new consensus algorithm. On the 8th of April 2020, ICON revealed the Loop Fault Tolerance 2.0, or LFT 2.0, consensus algorithm.A New Innovation For Korea’s Blockchain SpaceIt’s claimed that this new algorithm is capable of improving the network bandwidth and overall scalability of the ever-popular Practical Byzantine Fault Tolerance consensus types, or PBFT. According to ICON, this algorithm can achieve this without compromising the security through doing so.The white paper for LFT 2.0 was published today, having

Interchain Data Hosting Project Combines Edge Computing With DLT

Source Node: https://cointelegraph.com/news/interchain-data-hosting-project-combines-edge-computing-with-dlt
Time Stamp: April 9, 2020 6:01 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Interchain decentralized data hosting project Bluzelle (BLZ) announced the launch of its mainnet which aims to combine the advantages of edge computing with distributed ledger technology (DLT).According to an announcement shared with Cointelegraph on April 9, Bluezelle will host a network stress test dubbed “Swarm of Duty” which will be incentivized with $30,000 worth of tokens for developers, token holders and validators. The company says that this test is “the last step before Bluzelle’s mainnet launches” and is meant to ensure that the network can manage real-world usage.Bluzelle’s team claims that

South Korea’s Largest Crypto Unveils New Consensus Algorithm

Source Node: https://cointelegraph.com/news/south-koreas-largest-crypto-unveils-new-consensus-algorithm
Time Stamp: April 8, 2020 8:02 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

South Korea’s largest public blockchain project, ICON (ICX), announced its new Loop Fault Tolerance 2.0 (LFT 2.0) consensus algorithm on April 8.The new algorithm claims to make performance improvements in scalability and network bandwidth over the popular Practical Byzantine Fault Tolerance (PBFT) consensus types, without compromising security.Innovation reduces network load and improves throughputThe LFT 2.0 white paper was published on today been published on Github, following three years of research and development. It marks the first time that a South Korean team has successfully innovated on this element of blockchain

Brave Tokens Available for Trading on Gemini Starting April 24

Source Node: https://cointelegraph.com/news/brave-tokens-available-for-trading-on-gemini-starting-april-24
Time Stamp: April 7, 2020 12:11 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Brave, the open-source pay-to-surf browser, will soon have more options for trading its signature token.In April 6 blog post on the Gemini website, the platform announced they would soon support trading for Brave’s Basic Attention Token (BAT). Users will be able to deposit BAT into their Gemini accounts starting on April 24th at 9:30 AM EST, with trading to begin “soon thereafter”:“BAT is the sixth digital asset available for trading on the Gemini platform, joining bitcoin, ether, bitcoin cash, litecoin, and Zcash. We will be offering USD, BTC, and ETH

Sophisticated Mining Botnet Identified After 2 Years

Source Node: https://cointelegraph.com/news/sophisticated-mining-botnet-identified-after-2-years
Time Stamp: April 5, 2020 8:03 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Cybersecurity firm, Guardicore Labs, revealed the identification of a malicious crypto-mining botnet that has been operating for nearly two years on April 1.The threat actor, dubbed ‘Vollgar’ based on its mining of the little-known altcoin, Vollar (VSD), targets Windows machines running MS-SQL servers — of which Guardicore estimates there are just 500,000 in existence worldwide.However, despite their scarcity, MS-SQL servers offer sizable processing power in addition to typically storing valuable information such as usernames, passwords, and credit card details.Sophisticated crypto-mining malware network identifiedOnce a server is infected, Vollgar “diligently and

Crypto Community Largely Approves of Binance Acquiring CoinMarketCap

Source Node: https://cointelegraph.com/news/crypto-community-largely-approves-of-binance-acquiring-coinmarketcap
Time Stamp: April 4, 2020 1:31 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Despite markets all over the world facing ever-worsening economic troubles amid the ongoing coronavirus pandemic, it seems as though the crypto industry has been able to weather the storm, at least thus far. In this regard, Binance — the world’s largest cryptocurrency exchange — has recently reached an agreement to acquire CoinMarketCap, one of the most prominent crypto data websites.The official announcement was made by both companies on April 2, with Binance CEO Changpeng Zhao telling Cointelegraph that CMC and Binance have from the very start been working to make

Google Chrome Leads the Pack, but Privacy-Oriented Browsers Gain Traction

Source Node: https://cointelegraph.com/news/google-chrome-leads-the-pack-but-privacy-oriented-browsers-gain-traction
Time Stamp: April 3, 2020 8:12 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

In recent months, big-name players like Google and Apple have been going the extra mile to showcase their privacy features to the world. However, as most people are now aware, these multinational companies have business models that are centered around collecting and aggregating the data of their customers. In this regard, growing interest in privacy-first browsers like Brave clearly suggests a collective increase in internet users’ concern over how their personal information is being accumulated, stored and utilized on a day-to-day basis.Individuals all over the globe have become so accustomed to

Nodle Outgrows Stellar, Begins to Migrate to own Blockchain

Source Node: https://cointelegraph.com/news/nodle-outgrows-stellar-begins-to-migrate-to-own-blockchain
Time Stamp: April 3, 2020 12:52 AM - Modified On: August 29, 2021 - Published By:
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Nodle Network, an IOTA (MIOTA) competitor, is in the process of migrating from Stellar (XLM) to its own blockchain network with the release of the Arcadia testnet.Nodle is a decentralized network provider that specializes in detecting and connecting the internet of things (IoT). It currently connects over five million active nodes with over 92 million detected devices. While Stellar has been able to handle Nodle’s heavy traffic of 1.3 million daily transactions to date, the company believes it needs to deploy its own blockchain to accommodate some of the advanced features