Despite various bearish predictions over the last three weeks, Solana (SOL) has remained quite…

The post Solana (SOL) is targeting $100 in the days ahead – Here is how this will happen appeared first on Coin Journal.

MARCH 13 2022 / Crypto mining has been developed as a strategy to mine cryptocurrency by utilizing rented cloud computing energy with out having the necessity to set up or straight run any associated software program or {hardware}. People can remotely take part in cryptocurrency mining by opening an account and paying a minimal value. […]

The post Crypto Mining Made Easy For Everyone… | Live Breaking Cryptocurrency News | Global Crypto Press appeared first on Bitcoin Upload.

What is the future of blockchain and cryptocurrency? That’s one of the most common questions on the minds of many crypto investors or enthusiasts. While many believe Bitcoin will become the world’s reserve currency, others predict privacy coins like Zcash will take over. But there may be another contender who could be one of the biggest blockchain technology breakthroughs. That is Algorand, an innovative platform based on proof-of-stake algorithm and security deposits. A Review of Smart Contracts What is a smart contract, really? It is a computer program that controls financial assets or property and executes exactly as programmed. It’s to digitally facilitate, verify or enforce negotiation or performance of an agreement. So, there is no need for a third party (like a bank). Essentially, the intention is to replace trust in humans with trust in code. But what does that actually mean for you and me in practice? How will smart contracts change everything for blockchain technology? How do we decide which ones are best for our own needs—whatever they may be? Let’s take a closer look at some potential use cases of blockchains when it comes to smart contracts. ​ One of the most useful applications of smart contracts in decentralized file storage. For example, suppose someone wants to store data on IPFS but can only commit small amounts of money at a time due to constraints set by their employer or university. A simple algorithmic script running on the blockchain allows them to store that piece of data on IPFS without actually owning any cryptocurrency while still gaining credit for other contributions made during their workday. In this way, everyone involved gets access to decentralized storage without needing any cryptocurrency​ themself! How does Algorand Work? Algorand is a new blockchain architecture that focuses on solving several problems that exist in existing blockchain models. The primary goal is to achieve security guarantees like those run by classical Byzantine fault-tolerant (BFT) consensus algorithms. However, unlike PBFT and Tendermint, Algorand requires just 16 nodes to agree on every block. Furthermore, it does not rely on third-party services to run its network. This implies that no single party may withhold service, disrupt processes, or manipulate results without majority consent. Simply put, there’s no way for a bad actor to take advantage of their position and tamper with data. Furthermore, each node validates all transactions locally and must decide on each one independently before acting. Even if an attacker temporarily controlled several of Algorand’s sixteen consensus participants, he would have minimal leverage. His ability to perform future transactions would be limited. He wouldn’t have access to information about prior transactions until they were recorded into blocks. Therefore, he would be unable to predict their effect on his reputation score reliably or otherwise corrupt them. The Problem with Bitcoin, Ethereum, and Other Cryptocurrencies The problem with cryptocurrencies is that they don’t scale. For example, Bitcoin currently carries out 7 transactions per second, while Ethereum can only handle 15. This means that you can’t support a truly global economy with either cryptocurrency as a foundation, not even on a regional level. Many other cryptos are attempting to fix scaling problems. However, few have gained enough popularity for their use cases even to matter yet. And if the use of cryptocurrencies isn’t widespread, how will businesses or governments fully use them? Or do we want them to make full use of them? Besides, all of these cryptocurrencies run off some form of blockchain technology. So there must be something better than blockchain technology for us to get true scalability and better usability. The Problems Algorand Identifies From Other Blockchains There are two core problems concomitant with today’s blockchain applications: scalability and security. Scalability is a matter of size related to how many transactions per second an application can handle. On the other hand, security is a big deal for financial institutions and companies who don’t want careless sharing or compromise in sensitive data. Traditionally, having multiple computers confirm every transaction addresses these issues. The idea is to create redundancy by dividing those transactions among several devices rather than one mega computer. Then, if something goes wrong on one device (or gets hacked), others pick up where that device left off. That strategy has some pretty serious limitations, though. First, because everyone needs to process every transaction, scalability remains on a tight leash no matter how many computers you add-in. Another issue is that only one group can process all those transactions. It’s not very private when everyone knows exactly what everyone else is doing. And finally, there’s latency or lag time. As more people join a network, it takes longer for your transaction to appear as part of that network. This is because each computer must first verify everything before adding its approval on top of everything else. That makes … Continued

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Crypto platform Okcoin is joining hands with the Stacks Foundation and the Stacks Accelerator to create what it’s calling the Bitcoin Odyssey, which will see $165 million put towards bitcoin adoption. Bitcoin Odyssey Will Push for the Adoption of Crypto Bitcoin is still very much in a “speculative” state. While there are several people out...

The post Introducing Bitcoin Odyssey, a Project Designed to Boost Crypto Adoption appeared first on Live Bitcoin News.

Central banks playing catch-up The global economy is facing an incredible amount of uncertainty at the moment which is continuing to drive the volatility we’re seeing in financial markets. Whether it’s uncertainty around inflation, interest rates, commodity prices, Covid or Ukraine, the growth outlook has become extremely unclear and is constantly subject to significant revisions. […]

Conversational AI can deliver powerful, automated, interactive experiences through voice and text. Amazon Lex is a service that combines automatic speech recognition and natural language understanding technologies, so you can build these sophisticated conversational experiences. A common application of conversational AI is found in contact centers: self-service virtual agents. We’re excited to announce that you […]

PayPal is boosting its humanitarian efforts in Ukraine. The payments company is expanding upon its P2P money transfer services, waiving fees, and facilitating funds transfers to payments cards. These efforts are being made in addition to the company’s Cash Pick-Up and Mobile Phone Reload tools. Citizens across the globe have donated millions of dollars in Read more...

The post PayPal’s 3 Moves Help with Humanitarian Efforts in Ukraine appeared first on Finovate.

The market has since made back some of those losses, gaining an extra $139 billion, with the global crypto market cap sitting at around $1.87 trillion.

Sushi rolls out long-awaited Trident framework on Polygon, while Aave’s V3 brings money markets cross-chain

The post Can New Launches from Aave and Sushi Usher in DeFi’s Comeback? appeared first on Blockworks.

With advancements in technology and the right product design, retirement plans can certainly be designed for business owners.

The post Penelope makes retirement plans intuitive for the smallest businesses appeared first on LendIt Fintech News.

Cryptocurrency, while unpopular at first, has made waves into the mainstream market. Crypto whales, those who buy large amounts of ...

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Vitalik Buterin is undoubtedly one of the biggest names within the crypto space. While the founder made a name for himself through developing the second-largest crypto asset by market cap, Ethereum, it is extremely rare for him to grant an interview where he opens up on his view about the industry generally. Times Magazine, earlier

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