The Ethereum Foundation has brought about Ethereum 2.0 to enhance the speed, security, efficiency, and scalability of the network to process more transactions and bridge more applications. Ethereum 2.0 is based on the Proof-of-Stake (PoS) consensus mechanism that is more energy-efficient and provides security for blockchain protocols.
Let’s explore the reasons why bitcoin will succeed as a real currency. The first reason is that it doesn’t rely on any central entity to maintain its value, be regulated or accepted by anyone else.
Bitcoin relies only on mathematics and cryptography for security which means people have complete control over their money at all times without having to worry about who runs things behind the scenes like Wells Fargo or your bank back home in Iowa.
Popular celebrities have been turning to adopt Bitcoin (BTC) over the last few months, and the latest to join is NFL star from New York Giants, Saquon Barkley. While appearing on “The Best Business Show,” Barkley said that he will accept Bitcoin payments for all future marketing and endorsement deals. The NFL star cited rising inflation as the reason for moving to bitcoin.
Crypto research firm Messari is analyzing the most commonly held altcoins in the portfolios of crypto-focused venture capital firms and hedge funds.
Messari assumes most of the funds hold Bitcoin and Ethereum – and for that reason excludes the top two crypto assets from its report.
Bitcoin, the world’s leading cryptocurrency, is currently noting a major correction in its price trajectory following a mini-crash last week. At the time of writing, Bitcoin was trading around the $31.34k-mark, having fallen by 1.2% in the last 24 hours.
On Wednesday, July 14th, pNetwork (PNT) is listed on WazirX, and you can buy, sell, and trade PNT in their INR and USDT markets. WazirX is also holding a giveaway for you that involves a variety of activities.
Input Output Hong Kong (IOHK), a blockchain infrastructure research and engineering company behind the development of the proof-of-stake Cardano platform, announced the successful upgrade of its Alonzo testnet as it forked to the new Alonzo White node.
The estimated windfall Apple got from its App Store in 2020 is $67 billion. That’s up from $50 billion in 2019, a 28% increase. Even as the company has lowered its commissions for smaller developers, the App Store remains a major component of Apple’s bottom-line profits. And it’s not just Apple taking a cut of developer revenue: On Android, the world’s most popular mobile operating system, the Google Play Store netted $38.6 billion in 2020.
An infamous hacker group known as Anonymous is launching its own crypto asset in response to actions from China and tech billionaire Elon Musk.
Originating in a 2003 message board on 4chan, Anonymous established its worldwide notoriety through a series of cyberattacks on several governments, institutions and corporations.
The U.S. Department of Justice (DOJ) has requested federal agencies stop signing appreciation letters for Binance. The exchange used these letters as proof they are actively helping these agencies in criminal probes. However, this behavior seems to have bothered agents of these state organizations, who argue the exchange is bound to cooperate with these investigations by law.