Mance is the co-founder and CEO of Hedera Hashgraph, a next-generation distributed ledger technology that claims to possess higher speeds and security guarantees than existing blockchain solutions. “When we talk about decentralization, I think it’s very important to be specific about what we mean. When talking about layer-one protocols, precisely what is being measured when we talk about decentralization? Two…
It’s the oldest clich in crypto: that blockchain still has no “killer app,” still awaits its “Netscape moment.” The term refers to the 1994 launch of the web browser that made it easy for ordinary people to surf the Internet. The web had been around for years, but Netscape’s arrival ignited a turning point that brought the “information superhighway” mainstream.…
This week in crypto, market leaders Bitcoin and Ethereum set new all-time highs. On Wednesday the Bitcoin tsunami loomed up higher than it ever had before, broke, and fell back down, but not before setting a new high watermark of $66,930. The reason? After more than eight years of proposals by the crypto community, the United States Securities and Exchange…
Just a few days after reports emerged that it had refused to process a company registration application by Flint API limited, the Nigerian agency Corporate Affairs Commission (CAC) has now registered the blockchain start-up. The agency however blames an unnamed employee for the failure to process the application. The CAC’s About-turn According to a report, the agency’s reversal of its…
sponsored Input-Output Hong Kong (IOHK) has listed ADALend on their :Essential Cardano List” of projects that are considered part of the ecosystem supporting and providing Cardano users with products and services. “The Essential Cardano List” gives an overview of the Cardano ecosystem with an accompanying map, a central library of materials, Cardano Foundation, and Emurgo resources, as well as community-generated…
One of South Africa’s biggest banks, Standard Bank, has reportedly sent account termination notices to clients that offer automated cryptocurrency arbitrage services. Bank’s Criteria Questioned This move, according to a Mybroadband report, has sent shockwaves through the cryptocurrency industry. The sending of the notices has also raised questions about the criteria that Standard Bank is using when making a decision…
Online communities, those that share a common interest on the internet, can range from social networks, grassroots organizations and customer communities. We, as a society, are naturally communal, so it makes sense to engage in ideas and interests with others online. Whether we build relationships with people directly or indirectly, communities are built. However, how we do so differs. In…
In brief Recent data suggested that Afghanistan is pivoting to crypto. Decrypt spoke to Afghanistan experts to discover whether ordinary Afghans really stand to benefit or not. In times of turmoil, more nations are turning to crypto. Iran, Venezuela and North Korea have all used cryptocurrencies to avoid sanctions, access global markets, or, in the case of North Korea, even…
About $2 billion worth of Ethereum (603,452 ETH) has now been burned by the Ethereum network, fueling the furnace thats driven the cryptocurrency to its latest all-time high. Ethereum started burning ETH after EIP-1559 was introduced on August 5. The mechanism removes about $30 million ETH from circulation each day by sending it to a defunct address. This replaces the…
Bitcoin (BTC) is lining up a crucial weekly support test on Oct. 23 after impulsive sellers moved large amounts of BTC to major exchange Binance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC dices with $60,000 BTC/USD is keeping traders nervous into Saturday, data from Cointelegraph Markets Pro and TradingViewshows, deciding on the fate of $60,000 support. The level had…
