We will be exploring cross-chain technology in this blog, discussing what it is and how it relates to blockchain interoperability. We will also investigate various aspects of cross-chain technology and its potential implications for the future! Blockchain works on a decentralized ecosystem that depends on a distributed ledger system. This ecosystem is not under the control … [Read more...]
Top Facts on China’s Crypto Yuan and Related Blockchain Projects
Although the road to adoption for blockchain-based technology is often long and difficult, China is making significant progress in developing and integrating this technology into its own country. The Chinese government announced in April that it had completed two milestone initiatives involving blockchain and cryptographic technology after several years of work. China is reportedly … [Read more...]
What is Cosmos: A beginner’s guide to the ‘Internet of Blockchains’
The cryptocurrency market has been growing at a rate of over 6.5% per year for the past few years. This rapid growth rate demonstrates how it is preferred over regular currency and forex markets around the globe. The crypto market has been helped by blockchain technology, which allows it to penetrate the mass market. A study found that blockchains need to be able to communicate … [Read more...]
League of Kingdoms, a Combination of 4X Strategy and Blockchain
Diversity and Sustainability of Game Genres The game industry has been growing and developing for decades and has created many different types of games. Essentially, there are several types of games catering to different interests, including role-playing games where players take on the persona of the main character and level up by completing quests, easy-to-play casual games, … [Read more...]
Soft fork vs. hard fork: Differences explained
A blockchain is a decentralized open-source software that powers cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). A fork is a change to the blockchain’s underlying protocol. A blockchain fork is a change to the network that can be either radical or minor. It can be initiated by developers or community members. The latest version of the protocol requires node operators (machines … [Read more...]
Top 10 Congresspeople Working on Crypto Policy
This article is about the congresspeople who have established stances and policies for blockchain and cryptocurrency. While some congresspeople have established clear opposition to topics like Facebook's Libra or other cryptocurrencies, Cointelegraph believes that all of them are worth watching in 2020. Rep. Tom Emmer (R-MN) Mel Watt (D-NC) is a powerful ally to the cryptocurrency … [Read more...]
Discovering Insuretech: Blockchain Disruption of the Insurance Sector
The insurance industry is very complex, with a lot of different parties involved and a lot of data to manage. The insurance sector is appealing for blockchain-based optimization because of its two aspects. Distributed ledger technology is a prominent feature of a rising tide of technological innovations, known as insuretech, which seek to bring new efficiencies into the insurance … [Read more...]
Digital cold war? United States and China vie for blockchain supremacy
The co-founder of Ripple recently wrote an opinion piece for The Hill, in which he claimed that there is currently a "tech cold war" going on between two nations with two different visions for the financial future, and that the United States is not currently winning this war. He believes that China has a rare opportunity to take over America's role in the global financial system, which … [Read more...]
Challenging Ethereum 2.0? Competing blockchains are seizing the moment
Ethereum 2.0 is now closer than ever before after a number of years of growth. Although the Medalla testnet had a rocky start, it seems that the development is still on track. Prysmatic Labs developer Raul Jordan said in a recent blog post that "2 to 3 months from the Medalla genesis block is still a perfect timeline." At this level, what are one other three months? An improvement to the … [Read more...]
A deep dive into the 5 popular smart contract development platforms and their comparison
What is a smart contract? A smart contract is a computer program that automatically executes the terms of a contract stored on a blockchain. The program executes itself only when the conditions in the contract are met, thus eliminating the need for intermediaries. Additionally, having smart contracts in place decreases transaction costs significantly while increasing transaction … [Read more...]