Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Will ravencoin be profitable after ethereum 2.0?

Will ravencoin be profitable after ethereum 2.0? ​ New to mining, and was wondering if this coin (and other coins) returns will drastically decrease? submitted by /u/jusxusgraphic [link] [comments]

Failed transactions costing $250 is not fine!

I am not new to Ethereum, I know how it works (not 100%, but have a fair idea). But using decentralised exchange and trying to swap a token but just because it took a couple min extra for the transaction to confirm, the price changes, and the entire swap fails costing me $250 in gas…
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ETH supply (requested discussion)

I am surprised there is not more discussion about the coming ETH supply shock post merge. I'm not sure what the short term implications on ETH price and gas fees are going to be. But long term, the issuance will have to equal average burn rate; as there is not an infinite supply to keep…
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Crypto sustainability and green solutions highlighted at COP26

Speaking at the COP26 summit, Cointelegraph’s editor-in-chief shared expert insights into the potential impact the crypto community could have on environmental initiatives.

Metamask to launch “MASK” token soon. Development will likely shake thing up.

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

These publicly traded firms are pulling institutions into crypto

With increasing institutional capital flow into the crypto markets, publicly listed digital asset companies offer the best crypto gateway to institutional investors.

DIA Announces Yet Another Integration. This Time on Solana

The open-source oracle provider DIA announced that it is integrating its oracle services with the layer 1 blockchain Solana. This deployment enables developers on the network to leverage DIA’s data to build new decentralized applications. Solana went live with its beta network in March 2020, yet it has already positioned itself as one of the leading blockchain networks, as of today locking a total value of approximately 15 billion USD. Solana already supports a large number of DeFi solutions, including decentralized applications and smart contracts, as well as non-fungibles tokens. Solana uses a consensus mechanism that combines proof-of-history (PoH) with proof-of-stake (PoS), enabling the network to process more than 50,000 transactions per second. In comparison, the Ethereum network can only handle 13 transactions per second. Solana was designed to achieve high network operability with low transaction costs with its combined consensus algorithms of Proof of Stake and Proof of History. This tech stack is set to overcome the scalability issues of networks such as Etheruem, which depend on a volatile network fee for its block confirmation mechanism. DIA has been heavily broadening the availability of its data infrastructure. In recent weeks, DIA has deployed its oracle on a number of ledgers, including Polygon, Polkadot, BSC, Moonbeam, Arbitrum, Celo, Avalanche, NEAR, Shiden and many others. The vast majority of decentralized applications including those on Solana require data external to the blockchain to operate. These applications are dependent on the right calculation of price points in order to avoid being exposed to data manipulation and exploitation such as flash loan attacks, potentially resulting in investor losses. To overcome this dilemma, DIA has a unique approach to data sourcing compared to other oracle services. The open-source oracle platform collects data at the individual trade level directly from centralized exchange APIs and on-chain from decentralized exchanges, whereas other oracle platforms aggregate a range of premium data suppliers.

International Chess Federation Will Launch the Sport’s Global NFT Marketplace on FreeTON

FIDE, the International Chess Federation, has become the first global sports federation to launch its own NFT marketplace. It announced a partnership with core developers of FreeTON, TON Labs, to launch ChessNFT.com – a new chess non-fungible token (NFT) ecosystem. Full marketplace functionality is scheduled for later this month, to coincide with the upcoming World […]