Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

AMA on r/cryptocurrency is LIVE 8PM ET! I’m Morgan Harper US Senate Candidate for Ohio. Ask Me Anything about my interest in crypto. I see potential for crypto to reverse the trend of power moving from places like Ohio to places like Silicon Valley by creating economic freedom for middle America.

I’m Morgan Harper, candidate for the United States Senate for Ohio. I am a consumer protection attorney and community organizer from Columbus. My politics is pretty straight forward: I fight corporate power to create economic freedom for everyone. To prove that, I don’t take corporate PAC money. My interest in crypto started back in 2011…
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Daily Discussion – November 24, 2021 (GMT+0)

Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating. Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could…
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Is transferring from ETH to WETH a taxable event?

submitted by /u/Userisnowhere [link] [comments]

How do you stay up to date in the world of blockchain/ethereum?

New to ethereum, crypto, defi, and blockchain overall. While exciting, it is a large and ever changing space. What resources/websites/publications do you use to stay up to date on it? Thanks! submitted by /u/wavydavyy [link] [comments]

crypto.com will take Crypto probably to mainstream.

You can think what you want about crypto.com. I have my own opinion of them and their business. But I believe that they finally could open Crypto fast and easy to the masses of people. Isn't that what we all wanted? Crypto adoption ? … I have NO clue ! But lets speak about one…
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Cardano Increases Block Size By 12.5%, What This Means

Cardano has been making important changes to its blockchain since the launch of smart contracts capability. This had brought with it an increased usage and thus needed to be more scalable to accommodate this increase. Since the launch in September, there have been a number of improvements to the network and the latest is the increase in the block size. Increased Block Size In Cardano Cardano, in a recent blog post, announced that they were increasing block size by 12.5% to make room for the increased traffic that is expected on the network. The 8KB increase will see the total block size now at 72KB and will allow more transactions to be fitted in a single block. This will allow more transactions to be processed per second, greater data throughput, in turn providing greater capacity for its users. Related Reading | Cardano Founder Says Metaverse Is Important For Crypto Keep in mind that a year ago, Cardano only averaged 10,000 transactions per day. Now, a year later, this number has risen significantly to more than 200,000 and climbing. A 12.5% increase in block size may not seem large by the average margin but is important to accommodate for this increased usage. ADA drops to $1.77 | Source: ADAUSD on TradingView.com Another factor that warrants the increase in block size is the anticipation of DApps that are expected to launch on the blockchain soon. Since Cardano already has smart contracts capability, it is only a matter of time until developers begin deploying their apps. This anticipated rise in traffic has made increasing block size important for the network. Plutus Script Memory Gets A Boost Block size was not the only thing that got a boost. Cardano also increased Plutus script memory units by transaction. In another 12.5% expansion, the Plutus script memory units per transaction is now 11.25 million. In the blog post, John Woods, Director of Cardano Architecture, explained that this change was brought about due to growing demand from developers. It will help developers in their journey as they test and deploy their DApps on Cardano. “An increase in Plutus memory limits means that they can develop more sophisticated Plutus scripts, or that existing scripts will be able to process more data items, increase concurrency, or otherwise expand their capabilities.” Woods notes that this is only a first in a series of changes that will take place to expand the real-world capabilities of Plutus scripts. Related Reading | Cardano Founder Reiterates Long-Term Purpose Amid Sell-Off Panic The changes in block size and Plutus script memory units by transactions will be implemented slowly. Cardano has adopted a ‘slow and steady’ mechanism going forward with the changes. Although this may look to be moving too slow for some, a 12.5% increase shows that the developer is not rushing to make changes that would adversely affect the network. “It’s not just about creating more complex scripts. It’s also about putting more data through,” the blog post read. Featured image from The Cryptonomist, chart from TradingView.com

It’s official CRO has flipped SHIBA INU

Shiba inu has been taken down another peg as CRO takes 12th place on coinmarketcap. The next target would be avax (avalanche) which currently sits at $27.82b while Cro sits at $22.97b. CRO would need an increase of just under 25% to reach the market cap of avax and a roughly 40% increase (from current…
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NFL Football Star Odell Beckham Jr Giving Away $1 Million in Bitcoin and Will Take His New Salary in BTC

U.S. football Star Odell Beckham Jr. is taking his new salary in bitcoin and is giving away $1 million in the cryptocurrency in partnership with Square’s Cash App. “To all my fans out there … I’m giving back a total of $1M in BTC right now,” he wrote. Football Star Odell Beckham Jr. Will Take […]

Great things happening with the DevNet

submitted by /u/ligi [link] [comments]