Distributed ledger software provider Ripple has more than doubled the size of its network in less than two months, according to information provided exclusively to CoinDesk. Since May, the inter-bank payments startup has grown its validator network by 140% to include 55 participants, all of whom are now maintaining the integrity of the XRP Ledger (formerly the Ripple Consensus Ledger), running software that helps it agree on the order in which transactions are settled. Newly revealed validators include WorldLink, Telindus-Proximus Group, Swedish ISP, Bahnhof and AT TOKYO Corporation, a data center and systems integration service provider. Ripple CTO Stefan Thomas told CoinDesk: Our new and existing validators represent some of the top enterprise hosting providers in the world
A controversial racially segregated bastion in the North West Province of South Africa that operates outside the laws of the country is now seeking to upgrade its functioning fiat currency with a digital version. Orania, a small town in the remote parts of South Africa has about 1,400 residents that live in self-sufficiency with strict laws about the makeup of their ethical population. Currently, 97 percent of the town is white, in a country where the demographic sees just 10 percent nationwide being classed as white. A Micronation Created in 1991 by Afrikaners on private land, ahead of the democratic elections that brought South Africa into the modern world in 1994, Orania was created as a bastion for believers in the cruel and inhumane principles of Apartheid to continue existing.
No one can say there is such a thing as a boring day in the world of Bitcoin and cryptocurrency. After the onslaught of price declines throughout the weekend, we kick off this Monday on a positive note. All currencies are seemingly recovering their losses. The Bitcoin price surpassed US$2,000 again, but it looks like Ethereum is the winner of the day so far. Other currencies all doing quite well too, for now. CRYPTOCURRENCY MARKET SEES A DEAD CAT BOUNCE Even though we are not a big fan of the term “dead cat bounce“, it accurately describes what is going on in the cryptocurrency world right now, by the look of things. The markets are showing signs of positive momentum, but there is no reason to get overly excited just yet. After all, the gains made today can easily be wiped out in an
In an effort to continue research and development of blockchain and distributed ledger technology, distributed ledger organization IOTA has entered into a historic partnership with student organizations at both Berkeley and University College London. By collaborating with Blockchain at Berkeley and the newly formed IOTA @ UCL, the IOTA Foundation is activating the young minds of blockchain-hopefuls in the pursuit of academic research around distributed ledger technology. The Tangle Network The Tangle, IOTA’s scalable distributed ledger network, lends itself to a wide variety of use cases, with many more yet to be discovered. Thanks to the flexibility of the Tangle, the IOTA Foundation’s work has inspired many developers to pioneer distributed network based applications on a network p
For Immediate Release: The First Blockchain Powered esport company launches beta! Are you interested in where the esports and competitive gaming industry is heading? Like many industries, Blockchain technology is making its mark in esports by bringing us efficient and verifiable information like never before. We at FirstBlood are the leading blockchain powered esports and competitive gaming company in the world. Over the past few months, we have been designing, building, testing, and breaking our platform. We have heard the feedback from our alpha users and adjusted accordingly! This week, we are proud to announce we have officially launched beta! So what is FirstBlood.io exactly? FirstBlood.io (“FirstBlood”) is a decentralized Esports gaming platform allows individuals
Controversy is never hard to come by in the world of cryptocurrencies. Litecoin successfully activated Segregated Witness on the network months ago. Interestingly enough, the Litecoin Core client doesn’t generate SegWit transactions by default. One would expect this to have changed by now, yet it hasn’t for some unknown reason. This begs the question if there are any SegWit transactions on the Ltiecoin network to date. The LTC community was quite pleased when all mining pools came together to activate SegWit. After all, this scaling solution and malleability fix is quite important. Bitcoin users saw this as a way to test the scaling solution and draw their own conclusions. However, it seems things are not exactly going the way as planned. More specifically, Litecoin Core clients can
Cryptocurrency markets are very strange, especially compared to traditional markets. Even during bear-ish markets, there are some interesting things happening. Not everyone will see these changes as a positive trend and there will be a lot of disappointment among cryptocurrency enthusiasts. However, things may turn around for the better at any given moment. CRYPTOCURRENCY MARKETS CONTINUE DROPPING Few people are happy with the cryptocurrency price fluctuations these daysunderstandable. Almost all cryptocurrencies are losing value daily, and no one can figure out why exactly. Especially Ethereum and Ripple users will be more disappointed with the current price trend. Both currencies lost yet another 4% and more over the past 24 hours, indicating a continuation of the previously establ...
Mining, storing, or staking cryptocurrency is a concept that baffles most people, even in 2017. Even though these processes have become a lot easier, setting up your computer to accommodate all of these tasks is still a hassle. Thankfully, there are some dedicated cryptocurrency operating systems which make everything a lot easier. There are at least four viable solutions people can still check out today. 4. EOS Although EOS is still under development, it promises to pack a ton of features. It is quite similar to traditional operating systems in terms of functionality. Users can schedule tasks, execute applications, and control peripherals. However, EOS will act more like the OS for blockchains and will introduce a decentralized standard at the same time. EOS will support most future
The openANX Foundation Limited closed the OAX Token Sale ahead of schedule after surpassing its initial funding goal. openANX technology addresses in a distributed manner credit risk markets, transparent collateral ratings for Asset Gateways. openANX is building a decentralized platform for the exchange cryptographic assets, including strong consumer protection and transparency “hardcoded” into the infrastructure. Such measures include collateral-backed asset gateways, credit risk trading, liquidity aggregation and an open-source code base. openANX is overseen by ANX International, which was founded in 2013 and represents one of the earliest bitcoin companies. The Hong Kong- based company is a market leader in blockchain and operates ANXPRO, one of the first bitcoin trading platf
Investment bank Goldman Sachs has been awarded a patent for its proposed “SETLcoin” cryptocurrency settlement system. The US Patent and Trademark Office (USPTO) published Goldman’s patent on July 11, entitled “Cryptographic currency for securities settlement”. The bank made headlines when the existence of the patent application was revealed in late 2015. The concept envisions a system for settling securities trades using a built-in cryptocurrency. When filed in December of that year, the application notably outlined methods for exchanging SETLcoins for digitized stocks for firms like Google and Microsoft, as well as cryptocurrencies, naming bitcoin and litecoin in particular. Here’s how Goldman describes the system: “[A] SETLcoin wallet can house a single security or multiple