Posts Tagged ‘Network’
Gemini Adds Support for Bitcoin Cash Trading and Custody on the ABC Network
Cryptocurrency exchange Gemini announced support for Bitcoin Cash (BCH) custody and trading today with a post on its official Medium blog, Dec. 8. Gemini, which is based in the United States, was founded in 2015 by the Winklevoss brothers. The exchange pointed out that, at the moment, it will “only be providing support for the…
Read MoreBitcoin Lightning Network Capacity Quadruples Since November
Lightning Network continues to grow at a phenomenal rate, with capacity now topping 460 BTC, and a reported 16,000+ channels. Lightning Network Sees Accelerating Growth It feels like Lightning Network (LN), bitcoin’s energetic, frugal young apprentice, is in the news every other week. Certainly, LN is regularly breaking fresh milestones, although to be fair, there are…
Read MoreNetwork of Self-Service Kiosks Will Allow Public to Pay Bills and Make Purchases in Crypto
A blockchain-based company has unveiled plans to roll out a global network of self-service kiosks — enabling millions of unbanked people around the world to pay bills, make purchases and access other financial services. KIBIS says a plethora of services are available through its kiosks. Consumers can pay for gas, water and electricity, book airline…
Read MoreFunds Network Calastone to Roll Out Blockchain Settlements in 2019
Calastone, the operator of a London-based transaction network for investment funds, is looking to move its entire settlements system to a blockchain by May 2019. According to a Financial Times report on Sunday, Calastone, which provides services to over 1,700 firms including JP Morgan Asset Management, estimates the plan could help the industry save up to £3.4 billion…
Read MoreBitcoin Lightning Network Explodes To New Heights With $2M Capacity
A sudden influx of nodes on Bitcoin’s Lightning Network (LN) has seen capacity increase to new all-time highs as the scaling solution is now handling over $2 million in BTC. Lightning’s Transformative Month Data from monitoring resource 1ML.com reveals the past week have seen overall capacity shoot up almost 300 percent to 438 BTC. An…
Read MoreSpanish City of Bilbao Launches $171K Tender to Develop Public Blockchain Network
Bilbao, the largest city in northern Spain, has launched a €150,000 (around $171,000) tender to develop a blockchain for public services, Bilbao’s municipal authorities announced Monday, Nov. 12. Officials of the largest city in Basque country want to create a decentralized platform, designed to allow one to act with “power of attorney” online. The deadline…
Read MoreLightning Network Passes 4000 Nodes, Reaches All-Time Capacity High
Bitcoin’s nascent mainnet implementation of the Lightning Network (LN) has reached a new milestone, passing 4,000 nodes for the first time. Lightning Handles $750K Data from monitoring resource 1ML confirms the latest growth of Bitcoin’s second layer designed for fast er and cheaper payments, Lightning Network, which at press time November 13 had a total…
Read MoreBitcoin Cash’s ‘Hash War’ Solidifies as Network Hard Fork Approaches
Ahead of Thursday’s hard fork of bitcoin cash, the war of the mining pools is becoming even more lopsided. Data from Coin Dance indicates that bitcoin cash mining pools which have pledged support for the Craig Wright–led result of the fork, Bitcoin SV, control some 76.39 percent of the hash power utilized in mining blocks…
Read MorePrivacy Crypto Zcash Goes Live With ‘Sapling’ Network Hard Fork
The privacy-focused cryptocurrency zcash has officially implemented its network hard fork, known as Sapling. Activated on schedule at block 419,200, Sapling has long been planned as an upgrade aimed at making the network faster, lighter and more secure. On Sunday, the Zerocoin Electric Coin Company’s Elise Hadmon wrote that “Sapling activation, occurring on the momentous occasion of…
Read MoreGoogle Expert Developer Joins Ripple to Lead Crypto-Powered Payments Network RippleNet
Ripple has recently hired a former senior developer at Google’s new wireless messaging service as vice president of products, Reuters reports Friday, Oct. 26. The U.S. tech company that backs the third top cryptocurrency by market cap, Ripple (XRP), has confirmed to Reuters that Amir Sarhangi is leaving his position at Google to lead Ripple’s…
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