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A History of Blockchain Consensus Mechanisms


The consensus mechanism is a critical blockchain component, providing a non-partisan means of establishing agreement as to the network’s current state. But ever since Bitcoin emerged in 2008, its original consensus mechanism – Proof of Work (PoW) – has been emulated and iterated...

The bloodbath continues


CoinMarketCap Daily Newsletter Your daily newsletter for 25 November, 2019 “Respect for ourselves guides our morals, respect for others guides our manners.” - Laurence Sterne In today's newsletter, we will be covering: Oman seeing first trade finance transaction on blockchain Philippines...

The bloodbath continues


CoinMarketCap Daily Newsletter Your daily newsletter for 25 November, 2019 “Respect for ourselves guides our morals, respect for others guides our manners.” - Laurence Sterne In today's newsletter, we will be covering: Oman seeing first trade finance transaction on blockchain Philippines...

One of Defi’s Greatest Problems Might Have Just Been Solved


What’s the greatest challenge facing the decentralized finance ecosystem? Improving user experience? Onboarding the unbanked? Actually, the biggest problem defi has faced up until now has lain deeper than that. It resides at the base layer, where one of the longest-running afflictions...

A Detailed Analysis of Segregated Witness or SegWit and Its Benefits


Developed in 2015, Segregated Witness or SegWit is a protocol upgrade designed to cater to the critical scalability problems, which have been hovering over the blockchain networks ever since their inception. Later in August 2017, the SegWit upgrade was launched as a soft fork in the Bitcoin...

Thailand Will Use Blockchain Technology to Monitor Agro Products


Thailand’s Trade Policy and Strategy and Office (TPOS) has announced that a blockchain technology-based project is in the pipeline for monitoring export quality agricultural products. In her official statement, TPOS Director-General Pimchanok Vonkorpon commented, We have already talked to farmers...

Asian Tech Giants’ New Blockchain Drive Involves Traditional Finance


Two of South Korea’s biggest internet tech companies are strengthening their ties with the traditional financial sector to prepare the ground for a fresh fintech, blockchain and token-powered business drive. Per Fn News, search engine Naver and its Line chat app affiliate and rival chat app giant...

Libra Testnet Fails to Impress as New Legislation Looms


A November 15 blog post by Libra project developers detailing testnet developments has apparently failed to impress government regulators and influential voices in the space alike. CEO of blockchain company R3, David Rutter, commented at a London conference last week that “what they did...

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