3 Solid Reasons Why Ethereum Looks Stronger Than Ever

Critics have been trying to spread fear, uncertainty, and doubt on the No. 2 cryptocurrency in light of its scaling issues. It’s true that Ethereum is struggling with congestion as network utilization is above 94 percent. As a result, it becomes costly to run applications. Nevertheless, the cryptocurrency’s biggest problem appears to be its source […] The post 3 Solid Reasons Why Ethereum Looks Stronger Than Ever appeared first on CCN Markets

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Vitalik Buterin Eyes Research on Privacy Coin Monero’s Traceability

By CCN: Vitalik Buterin has expressed an interest in incorporating privacy features into Ethereum. He is partial to the ZK-SNARKS technology that is used in privacy coin Zcash. Nonetheless, his senses appear to be particularly keen about any developments surrounding privacy protocols. This became clear when a research paper was published entitled: “FloodXMR: Low-cost transaction flooding attack with Monero’s bulletproof protocol.” The researchers decided to explore what they call a “flooding attack with Monero’s bulletproof protocol.” In a nutshell, it involves an attacker flooding the network with their own transactions and…

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Ethereum Slayers 2.0: Crypto’s Usual Suspects, or New Kids on the Blockchain?

Whenever a new blockchain platform launched between 2017 and 2018, it was inevitably heralded as a future replacement for the largest, most successful cryptocurrency platform of all. In short, it came bearing the name of Ethereum Killer. Those prophecies turned out to be premature, and by 2019 the hit that’s been put out on Ethereum is still waiting to be cashed. A year is a long time in the crypto space, and many would argue that the lineup of possible contenders for Ethereum’s throne has changed already. New upstarts have…

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Bitcoin Hits Highest Volume in 9 Months: Is Crypto Ready to Take Off After Massive Gains?

In the last 24 hours, the valuation of the crypto market increased by $8 billion as the Bitcoin price neared the crucial $4,000 resistance level. Major crypto assets in the likes of EOS, Ethereum, and Bitcoin Cash recorded gains in the range of 10 to 30 percent. Most cryptocurrencies have started to see record high volumes across leading cryptocurrency exchanges, demonstrating an increase in demand for digital assets. What is Causing the Rally and Can Bitcoin Sustain its Momentum? Prior to the rapid price movement of Bitcoin from the mid-$3,000…

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7 Reasons Why That Hot New ‘Bitcoin Stablecoin’ Sounds Like Junk

A new Ethereum token called “Wrapped Bitcoin” just launched Thursday. How Wrapped Bitcoin Works The purpose of the new cryptocurrency is to enable Bitcoin users to “participate in Ethereum smart contracts natively on the Ethereum blockchain.” Last October Bitcoin custody company BitGo announced a partnership with Kyber Network and Republic Protocol to launch Wrapped Bitcoin (WBTC), a token on the Ethereum blockchain that acts as a 1-to-1 token backed by Bitcoin reserves. In a blog post announcing the new token BitGo stated: “WBTC users will be able to utilize Bitcoin…

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Breaking: Ethereum Developers Postpone Constantinople Hard Fork, Price Plunges

The core developers of Ethereum have called for a delay to the activation of Constantinople, just hours before the long-awaited hard fork was scheduled to go live on the third-largest cryptocurrency’s network. Ethereum Hard Fork Delayed In a statement, the Ethereum Core Developers and Ethereum Security Community said that they decided to postpone the hard The post Breaking: Ethereum Developers Postpone Constantinople Hard Fork, Price Plunges appeared first on CCN

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Tron Cryptocurrency is ‘Just Garbage’: Stellar, Ripple Co-Founder Jed McCaleb

According to Stellar, Ripple, Mt. Gox, and e-Donkey co-founder Jed McCaleb, Tron is “just garbage.” McCaleb, who forked away from Ripple to create Stellar due to personal differences with the mission of Ripple’s corporate board at the time, also feels that the crypto market is doing well. He pointed out to Yahoo! Finance that it’s The post Tron Cryptocurrency is ‘Just Garbage’: Stellar, Ripple Co-Founder Jed McCaleb appeared first on CCN

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Vitalik Buterin Makes Three Separate $100,000 Donations

Ethereum‘s Vitalik Buterin has given about 1,000 ETH tokens each (currently worth about $324,000) to three separate startups that are working on the Ethereum ecosystem. The startups, namely Prysmatic Labs, Sigma Prime and ChainSafe Systems were gifted the tokens by Buterin as a “contribution to the push the development of Ethereum 2.0,” For instance, while The post Vitalik Buterin Makes Three Separate $100,000 Donations appeared first on CCN

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