Category: Cryptocurrency News

All around the world cryptocurrency supporters and proponents of blockchain technology are celebrating the 13th anniversary of the Bitcoin white paper. The summary of the inventor’s creation was published on metzdowd.com’s Cryptography Mailing List on Halloween 2008, as it gave birth to an asset with a market valuation of over $1 trillion and sparked the […]

Will ETH and ETH2 both exist, or will both be merged into one network? Will it keep the ETH2 name or just be called ETH again? submitted by /u/safetaco [link] [comments]

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

The use of smart contracts remains the key turnaround factor with the cryptocurrency space. Smart contracts brought about the decentralization of digital assets and eliminated third-party interferences in crypto transactions. Distributed ledger and open-source cryptocurrency, IOTA, has just launched a new smart contract beta. This latest move offers its users a platform for getting high-speed and zero-fee transactions. IOTA emerged within the 2017 ICO boom. The digital asset came to support the Internet of Things that harmonizes physical items into the internet and digital world. Nevertheless, the cryptocurrency floated to irrelevance as interest in it died down in 2018. Related Reading | By The Numbers: What $1000 In SHIB Is Worth Now A reinvention of the network by its CEO came earlier this year. With his determination, the CEO decided not to give up on the project by upgrading it by introducing a critical new upgrade. Advantages Of The New IOTA Upgrade A report reveals that the beta version inculcates an Ethereum Virtual Machine (EVM). Thus, ERC-20 tokens are now interoperable within the network. Additionally, the writing of smart contracts is now in Solidity (the programming language of Ether) attached in the tangled language of the network. Furthermore, there is added network sharding on the project. This allows high-degree operability via smart contracts wrapping to the base layer of native tokens. Remarkably, smart contracts creators can set their execution fees which will enable drive-down competitions among different chains. MIOTA is currently facing a decline | Source: IOTAUSD on TradingView In comparison with other networks like Ethereum, several people think that the smart contract implementation of the network is late. Nevertheless, Dominik Schiener, the IOTA CEO, is of a different opinion concerning the issue. Related Reading | Crypto Adoption Boosts Travel: Travala Rises From The Ashes Schiener explained that they took their time to develop a smart-contract solution that operates to bridge the shortfalls of other competing chains. He cited an instance with Cardano’s smart contract that faces limited throughput while IOTA’s provide unlimited scalability. Speaking of the zero-fee on the platform, the CEO said it’s a significant competitive advantage. He explained that the feeless nature of the network serves as the doorway for their numerous opportunities. These include their partnership with multinational companies and governmental agencies and interest from SMEs, startups, and crypto operators. Schiener mentioned that the volatile nature of fees could strain business models and oppose great economic moves. IOTA cuts across promoting ecosystem growth and decentralized application development via project financing. Though MIOTA is making gradual progress, its current price is still far from its former glory. However, the European Commission selected the token last month to feature in its blockchain infrastructure project despite its low position. This selection stands as a possible action that could pave the way for future growth for MIOTA. Featured image from IOTA Services, charts from TradingView.com

So Basically from my understanding (correct me if I’m wrong) when a transaction on a contract is made it is sent by the sender node to be propagated throughout all of the other running nodes mempool. Once included in a mined block this block is sent to all of the other nodes. From this this…
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Can anyone please explain the whole story/concept? and why these DAOs(Yearn, StakeDAO, Frax, KeeperDAO, Convex?, etc) are trying so much to have “power”(?) over Curve? Appreciate it! submitted by /u/MostPalone- [link] [comments]

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

I've been in cryptoverse for a while now and I keep seeing newbies ask for tips in crypto, all from how to buy on DeFi to smaller things. I was wondering, what is the best life hack for you in cryptocurrencies? Anything is fine, from trading, storing, buying, selling, securing, whatever comes to your mind…
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