In recent times the Ethereum network has received a lot of criticism about the protocol’s data transfer fees and scalability. In a blog post called “Endgame,” published on December 6, the co-founder of Ethereum, Vitalik Buterin discussed plans to improve scaling, the upcoming proof-of-stake transition, and censorship resistance. Buterin Outlines Plausible Ethereum Scaling Roadmap in Endgame Blog Post Vitalik Buterin,…
Bitcoin: a new and complex technology that almost nobody is able to explain to you. Yet people always talk about bitcoin; however, they don’t focus on the technology, but rather on the price. The bitcoin price swings are often used by both supporters and detractors to proclaim bitcoin’s success or impending failure. For instance, there are outlandish predictions claiming price…
Markets continued to slide on Friday—with Bitcoin, Ethereum and Solana all suffering double-digit seven-day losses. Bitcoin was trading for $47,985.20 at the time of writing, a 15% decline over the past week. The largest digital asset is down over 30% from its all-time high of $69,044.77 one month ago, per CoinGecko figures. Ethereum, the second biggest cryptocurrency by market cap,…
The weekend is upon us and fear remains the dominant short-term sentiment in the cryptocurrency market. Earlier today Bitcoin (BTC) price dropped to $47,250 and investors are biting their nails after data from the U.S. consumer price index (CPI) shows inflation reaching a forty-year high at 6.8%. Data from Cointelegraph Markets Pro and TradingView shows that a midday push by…
sponsored On the 4th of November, one of Times Square’s Countdown screens lit up with artworks depicting five iconic sports heroes, Alexander Ovechkin and Muhammad Ali among them. The ‘LeGENds’ NFT drop was held by Blockasset: a Solana-based sports platform aimed at providing better engagement models for athletes and their fans by pushing the limits of NFTs and fan tokens.…
Cointelegraph has had a lot of NFT related news this week from pop culture to sports and gaming. Below is a roundup of stories you don’t want to miss. Pepsi and VaynerNFT team up Pepsi launched their Mic Drop genesis NFT collection made up of 1,893 generative style NFTs on the Ethereum blockchain. The number commemorates the year Pepsi was…
Taproot recently activated on Bitcoin’s mainnet. The inclusion in Bitcoin’s protocol, however, is only the first step in actually reaping the benefits of Bitcoin’s latest upgrade. “It’s been a long story that started in a diner in Los Altos, CA where Greg Maxwell, Andrew Poelstra and I somewhere in January 2018 had lunch.” – Pieter Wuille’s thread on the backstory of Taproot…
Gitcoin, an organization that helps fund open source projects around the Ethereum blockchain, has deactivated a grant due to it being directed to individuals from a sanctioned country. The grant, called “Free Smart Contract Development Course for Farsi Speaking Communities,” was directed and organized by an organization called Women in Blockchain Farsi. The move created a huge backlash on social…
Haiti, a Western Caribbean country torn by a tragic past, natural disasters, poor leadership, and ineffective foreign aid, is not a country that comes to people’s minds when they think of blockchain adoption. For years, Haiti has been among the world’s poorest countries in terms of GDP per capita, as per data from the World Bank. But Haitian-Canadian entrepreneur Nandy…
There’s a revolution brewing in Northern Canada on the Alberta-Saskatchewan border where Steve Barbour and Upstream Data are building new equipment for home mining bitcoin. The winter temperature in Lloydminster is well below zero but Barbour, CEO and founder of Upstream is on a mission, both to decentralize mining and build out better equipment ranging in size from large mining…
