As you know, digital currencies and blockchain technology are in great need of a general consensus of their community, since they imply the absence of regulatory central bodies. Changes in the distributed registry of blockchain networks should be agreed upon by the majority of people in this community. In order to achieve such a consensus blockchains most often use algorithms Proof of Work or Proof of Stake . In general, both algorithms are designed to show that some work has been done to verify a particular transaction, and that it is not fake. Cryptocurrencies that work on the protocol Proof…
Author: BlockchainJournal
On April 23-24, more than 5,000 participants from 70 countries will gather at the Blockchain Life 2019 forum to discuss trends and determine the development of the blockchain industry for the near future. Among the speakers: Sergey Khitrov, founder of Listing.Help and Jets Capital; Xinxi Wang, head of the Litecoin Foundation; Wit Edlichka, President of the Republic of Liberland; Martin Kuvandzhiev, co-founder of Bitcoin Gold; Nikolay Shkilev, ICO-adviser; Anatoly Kaplan, founder […]
Belarusbank, the largest bank of Belarus, plans to create an exchange platform for cryptocurrency trading on its base. The chairman of the board of ASB Belarusbank Viktor Ananich told about it on the local TV channel Belarus 1. “The possibility of organizing an exchange platform for trading cryptocurrencies is being worked out by the bank’s management,” he noted. In addition, aiming at the digitization of its activities, Belarusbank plans to develop a partnership with […]
The fact that the “bearish” market for cryptocurrency is coming to an end is indicated by too much. Analyst Phillip Nunn draws attention to the fact that "Bitcoin is approaching the longest in its entire ten-year history downward movement of its price." And makes the following conclusion: “I’m sure of Bitcoin more than ever. And this is precisely because there was a “gold rush” on the cryptocurrency market at the end of 2017 ”. #Bitcoin is fast approaching its ten-year history I have never been more confident. And this is all due to the “Gold rush” at the end of…
Today, the cryptocurrency market is colored red. The decline began yesterday near the end of the trading session. The stability shown last week seems to have disappeared. Bitcoin leads the downward spiral after a sharp fall below the $ 3,500 support. The largest coin is still being adjusted down by 3.36% in the last 24 hours. Looking at the auction last week, it is clear that BTC was stable between resistance at $ 3,600 and support at $ 3,500. However, BTC started trading this week with a sharp drop, testing the level of $ 3,400. Signals from technical indicators…
The Ukrainian cryptocurrency exchange Liqui announced on Monday, January 28, the cessation of activity due to the inability to provide liquidity and the lack of further economic meaning in its work. The corresponding statement is posted on the main page of the exchange. According to representatives of the project, the company has previously changed the rules of service, allowing users to decide whether to continue to use its services. “Unfortunately, we are more […]
Grin is the second coin, including the version of the Mimblewimble protocol (January 15, 2019). There is a lot of information about this protocol, among which you can highlight the main points: Increased privacy; Scalable and reduced blockchain size. With regard to the Beam, this coin is distinguished by a more decentralized approach. Anyone who wants to mine this coin should read this article, it tells how to do it, and what is the difference between Grin from Monero and ZCash. Grin uses Equihash's algorithm, is written in Rust, and opposes mining with ASIC: as in the case of Monero,…
The head of investment firm VanEck Associates, Jan van Eyck, said in an interview with CNBC that bitcoin investors are beginning to prefer gold. According to him, in 2017 and 2018, Bitcoin drew off some demand, but this year the picture looks slightly different. “We have just surveyed 4,000 bitcoin investors, and the main investment in 2019 for them is […]
The Bitcoin trading site LocalBitcoins was hacked the other day. Founded in 2012, LocalBitcoins is the world's most popular P2P Bitcoin trading platform. The platform allows users to place ads in which they indicate the desired exchange rate and payment methods in the process of buying or selling bitcoins . Interested parties can arrange a personal meeting and buy Bitcoin for cash or carry out a transaction using online banking. As the participants of the Reddit forum told , now the users, visiting the URL leading to the LocalBitcoins forum page, are forced to enter their credentials, logging into their…
Despite the lack of global regulation and a long period of decline in cryptocurrency prices, the intensive integration of digital assets into the traditional financial sector continues. One of the leading Swiss online banks Dukascopy Bank announced the conclusion of a partnership agreement with the cryptocurrency exchange Bitstamp, Bitcoin.com reports. Dukascopy Bank is located in Geneva and specializes in trading fiat money and precious metals with both retail and institutional investors. Partnerships with Bitstamp allow you to expand the services provided to customers, and "… enter them into the world of trading digital currencies ." “Bank customers will be able…
