Decentralized apps, or dApps, operating on the blockchain face a singular problem: scalability. Take a look at Bitcoin 10 transactions per second (TPS) limit, compared to Visa’s 24,000 TPS. While a handful of high-quality projects and companies have partly surmounted this challenge with sidechaining and sharding, nonscalability has inhibited the progress of many otherwise promising blockchain projects. DApp scaling frameworks may be an early solution on which to build greater and wider blockchain scalability in the future, and it’s worth examining what they are and why they’re so important.
Justin Sun, the founder of the popular cryptocurrency TRON has made his views on the future crystal clear saying that the crypto space will surge up to a 10 trillion US dollar market cap.
Sun recently tweeted:
“I do believe the entire world wealth will turn into cryptocurrencies like blackhole and grow much bigger in the future. Cryptocurrency will hit 10 trillion USD market cap before @Apple and @Amazon do.
Brian Armstrong, the CEO of one of the most popular crypto exchanges, Coinbase has revealed what he thinks the future of the company will hold. Armstrong goes onto say that he wishes the company to grow into something similar to the New York Stock Exchange but on more of a around the globe level.
At the TechCrunchDisrupt event which took place in San Francisco, Brian Armstrong shared his thoughts on what he sees in the future of Coinbase.
VeChain has teamed up with BYD for a carbon ecosystem after adding the insurer PICC to its list of partnerships. VeChain has also just recently released mainnet v1.0.2 hwilst VET has raised over 200% in less than a month since bulls starting racing into the crypto market in August.
VeChain is the 18th biggest cryptocurrency around the globe and is heading towards bigger and more advanced things with the announcement of another partnership.
Whereas the Cardano (ADA) protocol is similar to Ethereum’s PoS mechanism, the Cardano protocol is faster and has improved efficiency. The protocol introduces more features at an advanced level without blemishing the original idea of crypto that is decentralisation.
Cardano balances security, speed and decentralisation whilst attempting to improve proportionally forward with each release or published paper. This is the idea from the mind behind it all, the founder Charles Hoskinson, who said this:
“What we’ve done with Cardano is start with asking ourselves what a blockchain is.
Over the past 24 hours, major cryptocurrencies like Ethereum, Ripple, Bitcoin Cash, EOS, and Litecoin have fallen by 1 to 4 percent while bitcoin price remained above $ 7,200. The stability of Bitcoin in the $ 7,200 range despite the price drop of major digital assets in the global market allowed the weekly price chart of BTC
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The petro cryptocurrency may be one of the most ill-conceived blockchain projects. But it just might speak to exactly why the tech is gravely needed.
IOTA is certainly a standout project today, after making significant gains through the weekend and the start of this week, IOTA continues to shoot up. This morning, the markets started with IOTA up another 15% from yesterday, hitting values exceeding $ 0.71. Now of course, we must point out that overall, IOTA is still way down on its progression from the last few months, however this current change of course could mark a new destination for the cryptocurrency.
Charlie Shrem sat down with Yahoo Finance recently to discuss his thoughts on the present and future states of cryptocurrency.
The Starting Line
Charlie Shrem, early Bitcoin 00 adopter and founder of BitInstant and Crypto.IQ was interviewed by JP Mangalindan of Yahoo Finance on Sunday. The sit-down took place at the MoneyShow conference in San Francisco last Thursday.
Shrem gave the audience some nuggets of wisdom and advice, while also discussing his thoughts on the current cryptocurrency market and its future trajectory.
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The market demand for cryptocurrency ATMs has grown rapidly. Cryptocurrency owners need ATMs to quickly exchange and spend their invested cash when they need to, and the competition between cryptocurrency ATM providers is heating up.
Cryptocurrency ATMs: The Stats
The number of Bitcoin ATMs quadrupled across 2017 according to Statista and is still rising.
As a rapidly growing business sector, e-commerce continues to open up new avenues for exploring, comparing and purchasing products worldwide. Spl.yt, a smart contract protocol, aims improve the e-commerce system for buyers and sellers by automating functions currently performed by “middlemen” marketplaces like Amazon, eBay and Alibaba.
Such popular online platforms have no doubt transformed the way in which we shop and live. Access, convenience, low prices and the availability of a large selection of products are among the many benefits these platforms deliver to consumers. But such benefits provided by centralized corporations come at a cost — increased prices, process inefficiencies and aggressive marketing using huge amounts of personal data.
As the crypto market continues to meld into the realm of traditional finance, the Chartered Financial Analyst (CFA) Institute is taking notice — so much so that the organization is adding cryptocurrency and blockchain sections to its 2019 certification exams.
The additions will be included in the institute’s Level I and II curricula, and the material will be a subsection in a seminal, wider-reaching subject area entitled Fintech in Investment Management. Within this new subject area, CFA students will be able to explore cryptocurrency finance alongside other burgenoing fintech industries, such as artificial intelligence and machine learning. These new offerings will be included in the CFA’s lesson prep beginning in August 2019.
The Bitcoin movement has brought with it a tidal wave of activity in cryptocurrency investments and trading. As a result, crypto market capitalization soared to an all-time high of around $ 820 billion in early January of 2018. But since then, we have seen a massive price decline in this market, leading many to speculate that it could all be a giant bubble.
One trailblazing company that has remained forward-thinking in its approach and advancement amid this persistent downturn is Invictus Capital. Endeavoring to become the “Vanguard of cryptocurrencies,” Invictus features a comprehensive set of fund options and investments for those seeking diversified exposure to cryptocurrency markets.
More retail investors are looking to get into cryptocurrency, but the learning curve is steep. From exchanges, wallets, portfolio and risk management tools, it’s not easy for new investors to grasp and get started.
When crypto first became a big thing, perhaps when Ethereum hit the scene, investors believing in the future of cryptocurrency and blockchain technology were willing to overcome the difficulties in order participate in its growth, but these far from streamlined applications could easily prevent widespread adoption.
Alisdair Faulkner, chief products officer at security technology firm ThreatMetrix, explains:
Bitcoin was the first blockchain based cryptocurrency and is still the market leader based on market capitalization. However, even as the benchmark in the crypto ecosystem, it remains exceptionally volatile.
Crypto & Blockchain
Cryptocurrency and blockchain technologies continue to spread across the globe, yet somehow, the most well-known cryptocurrency has been plummeting all year long. Bitcoin (BTC) is currently the world’s most valuable cryptocurrency with a market cap of $ 114.4 billion. After it set its record value of nearly $ 20,000 per coin in December 2017, BTC has lost more than 70% of its value, currently trading at 00.
The Digital Future Council made its public debut on June 18, 2018, at the 2018 Cannes Lions International Festival of Creativity. With founding members from such organizations as IBM, Vice, CNN, Lego and Warner Bros., the council was formed as an informational intermediary to find common ground between creative and technological industries.
The Digital Future Council will be introducing a fresh batch of founding members with its official launch. These names include Meltem Demirors, CSO of CoinShares; Charles Manning, CEO of Kochava; Chad Andrews, global solutions leader at IBM; CNN’s Head of Content and Strategy Danielle Lauren and VP of Digital Strategy and Revenue Robert Bradley; Swen Graham, SVP of global marketing at Foursquare; and James Poulter, Head of Emerging Platforms at The LEGO Group.
A lot of research has been conducted regarding the future of cryptocurrency mining. Not all of these findings are overly positive. In the case of currencies using the Equihash algorithm, it seems a large amount of the combined hashrate is provided by ASIC hardware. It’s a worrisome development which could introduce a lot more 51% attacks in the future.
The Future of Equihash May Be in Peril
Cryptocurrency enthusiasts all over the world have witnessed an influx of 51% attacks over the past few months. Currencies such as Bitcoin Gold, Electroneum, and Verge have all suffered attacks. Although the full repercussions of these developments remain unclear, it seems highly likely that more 51% attacks are looming around the corner.
Due to the notorious volatility and unregulated nature of cryptocurrencies, many organizations and even governments are jumping on the bandwagon to ban them.
As we move further into 2018, even the big tech firms are starting to put their foot down on crypto advertising. Such a huge widespread ban has the potential to severely hinder the future development of the crypto industry.
Google and Facebook Have Banned ICO Advertisements
Some of the Internet’s largest advertising platforms, including Facebook, Twitter, and YouTube, have completely banned any advertisements promoting ICOs and cryptocurrencies.