Blockchain Tech

Pakistani President Worried About Disruptive Blockchain Technology

According to the Pakistani President Dr. Arif Alvi, the nation’s industrial sector must get ready for dealing with the challenge that disruptive technology like AI, blockchain, and IoT, pose. How will he be able to do that, we take a closer look in the blockchain latest news. New technologies are emerging and they are developing...
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Blockchain Could Be The Ultimate Solution For Fighting Deepfakes

The era of scams and fake news is everywhere around us – and one thing called “deepfakes” are the latest assault on our relationship with reality. For those of you who are unfamiliar with these, deepfakes are videos generated with help from artificial intelligence (AI) of celebrities saying things that they never actually said. Analysts...
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Blockchain’s 16 Technical Challenges in 2014: How Many Were Solved?

Ethereum Co-Founder Vitalik Buterin published a detailed progress report on major cryptographic challenges for the last five years. While protocol problems were largely solved, more practical issues saw limited progress. Buterin made a post in 2014 detailing a list of 16 “hard problems” in math, computer science and economics that he considered important for the cryptocurrency...
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Bitcoin, Bitcoin Cash, And Bitcoin SV: A Brief History For Crypto Dummies

With Bitmain’s return to the limelight and Craig Wright’s appearances in continuing legal drama, old Bitcoin rivalries have been flaring up again lately: Bitcoin and its forked brethren, Bitcoin Cash and Bitcoin SV. For those new to cryptocurrency, the fierce disagreements between these camps may be difficult to understand. What caused all the vitriol and...
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Privacy, Please: Can Distributed VPNs Reform the Web?

When Binance began to turn U.S.-based customers away from its DEX earlier this year, many of its customers turned to VPNs to bypass the geoblock. Pretty much any VPN would do the trick, and there are a lot to choose from. In fact, there’s even a new category: distributed VPNs, which often utilize cryptocurrency and...
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Zk-STARKs Arrive: But Is The Privacy Coin Tech Even Needed?

Zk-STARKs have been long hyped up as a replacement for Zcash’s Zk-SNARK system, for one simple reason: they don’t require the trusted setup, which (if compromised) could allow an attacker to mint unlimited coins. The Monero team has been especially vocal about that possibility, speculating in 2017 on including Zk-STARKs in the roadmap. Fluffypony even ‘promised’ a STARK-based sidechain on...
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QTUM Performs First Proof of Stake Hard Fork

The dreaded hard fork; a point of no return for many contentious blockchain splits in the past. But in the case of the QTUM network, it’s all a part of the plan. While Ethereum and Cardano developers continue to wrestle with questions surrounding their approach to Proof-of-Stake (PoS) consensus, QTUM developers are charging ahead with...
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Dark Horses of dApps: 6 Blockchains With Ethereum In Their Sights

Right now, three blockchains dominate the dApp market: Ethereum, EOS, and TRON, which are responsible for about 95% of all deployed distributed applications. On top of this, there are a few blockchains that don’t have as many dApps, but which are popular due to their coin’s high market ranking—such as NEO, VeChain, and Ontology. Things...
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Crypto Twitter Is Irrational, Toxic, Vicious… And When It Comes To Price, Often Right

More than 11m crypto traders are now able to make decisions based on sentiment, one of the key drivers of crypto prices. Social trading platform eToro and sentiment analytics provider TheTIE have partnered to provide actionable information on what the crowd thinks about digital assets. As of today, eToro users will be able to use...
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Dot Crypto: Unstoppable Domains Unlocks Platform-Agnostic TLD

All cryptos were born equal, and endowed with the inalienable right of human-readable addresses. That’s the philosophy behind Unstoppable Domains’ latest initiative: a .crypto blockchain top level domain, allowing cryptocurrencies of any consensus algorithm and token denomination to have a single address scheme. Starting today, Unstoppable Domains will offer an option to obtain a .crypto...
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Crypto Rewards: Four Ways To Earn Without Really Trying

Once upon a time, financial services didn’t need to offer much more than low fees and basic features. But now, most credit card issuers are enticing their customers with the promise that they’ll get a bit of money back. Today, it’s hard to find a card without rewards (assuming the bank will take you as...
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Cryptocurrency-Based File Sharing: Three Anti-Piracy Incentive Models

Cryptocurrency-based file sharing is a big thing. TRON’s efforts in this area are particularly notable: following its acquisition of BitTorrent, the company introduced token rewards for file sharers. The trend is continuing to grow, and Kim Dotcom of Megaupload fame has just announced a new cryptocurrency-based content network called K.IM. File sharing, whether it uses...
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Spam Attacks: Crypto Strategies For Surplus Transactions

For years, Bitcoin and other blockchains have been targeted by spam transactions. These are small transactions, which in large numbers might threaten to congest a blockchain network and cause backlogs. Sometimes, spam transactions are part of a a denial-of-service attack, to prevent other users from spending on the blockchain. Other times the goal is more...
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Can Atomic Swaps Reach Critical Mass?

Atomic swaps are one of the most promising advances in decentralized technology: they’re a trustless method for peer to peer trading, without relying on a third party. These swaps rely on Hash Time-Locked Contracts, or HTLCs, which automatically execute or cancel a trade after a certain time limit. This ensures that neither side can default...
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Will Second Life Get A Second Life? Five Virtual Lands on the Blockchain

When Second Life went live in 2003, it became a pioneer of virtual property. Players could buy their own land, customize it, and explore the world. Since then, Second Life has gone the way of MySpace—but now, several blockchain-based games are trying to breathe new life into the virtual world genre. This is an ambitious...
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Bitcoin Block Limits: Sizing Up the Debate

One of the largest points of contention in the Bitcoin community surrounds the question of block sizes. Larger blocks mean faster transactions and less congestion,  but they have higher requirements in storage and bandwidth. The communities behind Bitcoin and its forks are currently debating whether large blocks are truly feasible, and there is very little...
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Can You Make Profits Mining Cryptocurrency?

As Bitcoin fights back above five digits and other altcoins move into the green, many crypto enthusiasts are wondering if there are still profits in cryptocurrency mining. If you’re not certain if you can make profits from cryptocurrency mining, the answer is probably ‘no.’ Most profitable operations have enormous sunk costs, including wholesale purchases of...
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Down To Business: A Who’s Who Of Enterprise Blockchain

Blockchains don’t exist in isolation. This is especially true of enterprise blockchains, which target the business and financial sectors. These projects rely on industry-wide consortia to attract new clients, research, and investments. Unlike public ledgers, projects in the world of enterprise blockchain rarely issue cryptocurrencies or launch an ICO. As such, they don’t have much...
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Litecoin at War: What’s Behind Charlie Lee’s Crusade Against Dash?

This week, Litecoin creator Charlie Lee tweeted another round of criticism against Dash, claiming that the coin has become a highly centralized project. This is just the latest potshot in Lee’s long-running feud against Dash, which seems to have become his favorite target. Lee has even called Dash “trash” and “a scam“ in the past....
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Is Web Mining Still A Thing?

Last Wednesday, French police shut down a massive botnet that managed to install malware on over 850,000 computers. This network was partially used to distribute ransomware and carry out data theft. However, it was also used for cryptojacking, allowing the attackers to mine Monero on their victims’ computers. The three-year-long operation earned the attackers millions...
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Cryptocurrency Mining: Are ASICs Causing Centralization?

You can’t really discuss the topic of cryptocurrency mining without getting into issues surrounding the concept of centralization. One of the greatest aspirations of cryptocurrency communities is to decentralize the monetary system and create “trustless” transactions. While Bitcoin made a lot of headway towards a trustless currency, there are still concerns. The concentration of power...
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What-Coin? These Old Cryptos Did It First

The crypto market is constantly in flux: brand-new cryptocurrencies regularly appear at the top of the charts, while older coins slowly fade away. While Bitcoin has been a consistent leader, the market is littered with former runners-up. All it takes is a trip through the historical rankings to see just how transient cryptocurrencies can be....
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Burning Money: Are Coin Burns Effective At Raising Crypto Prices?

Coin burning is a method by which cryptocurrencies keep their market value high and attempt to offset inflation. When a large portion of a coin’s supply is removed, that coin experiences heightened demand, and as a result, the coin’s price goes up. At least, that’s how it works in theory. In practice, any price increases...
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Bye, Bitcoin: Tether Booms On Ethereum, Withers On OMNI

Tether is back in the news, but this time it’s just moving house. Large numbers of the controversial dollar-valued token are migrating to Ethereum from Bitcoin’s OMNI layer, resulting in a boom in active USDT-ETH addresses.  A Coin Metrics State of the Network analysis, released August 27, 2019, reports that the number of USDT-ETH active...
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SIMETRI Research Launches Near-Term Crypto Trading Signals Dashboard

The research team at SIMETRI, which now comprises 13 full-time crypto analysts, launched a new near-term trading dashboard – “Coins on the Move” – today that combines long-term fundamental research with short-term indicators and technical analysis. The new dashboard, available exclusively to SIMETRI Research subscribers, is based on a variety of data points including: Chart-focused...
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Money, Schmoney: What Else Is Bitcoin Good For?

Bitcoin is best known as a currency, but that’s not its only use. As the oldest and most-secure blockchain, the Bitcoin ledger has many applications that aren’t directly related to finance or payments. In fact, anyone is free to use Bitcoin for their project, provided they pay for the space they use. But these complex...
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Can Crypto Change The Way We Microwork?

Microwork may be the most niche form of online labor there is: it doesn’t pay very much, but it does get quite a lot of work done by spreading tasks far and wide. Usually, this  involves transcribing media, data entry, filling out surveys, and viewing ads – or any other brief tasks. At first glance,...
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