Technology

Bitcoin Defi: Smart Contract Platform RSK Integrates ETH-Based Stablecoin DAI

On October 6, 2020, the RIF (RSK Infrastructure Framework) development team announced that the Makerdao project’s DAI stablecoin is now available via the smart contract protocol RSK. According to the software engineers, RIF developers leveraged the RSK-Ethereum token bridge and individuals can now utilize the Ethereum-based stablecoin across a myriad of decentralized applications (dapps). The …

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The Genesis of BCH Tokenization: Over 10,000 SLP Tokens Built on Bitcoin Cash

This week Bitcoin Cash fans have been discussing the milestone of over 10,000 Simple Ledger Protocol (SLP) tokens created since the infrastructure was first introduced. Moreover, tokens built on Bitcoin Cash are nearing 1 million transactions to-date. Bitcoin Cash (BCH) community members have noticed there are now 10,679 SLP tokens created since the Simple Ledger …

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The US is number one…in blockchain patents

Despite Chinese firm Alibaba filing the most patents so far this year, the United States still takes the lead as the country with the most blockchain patent, a Sept. 17 report from intellectual property consultancy KISSPatent. IBM and Alibaba hold the most blockchain patents. Alibaba has filed more than 200 patents while IBM filed a …

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Indian state of Tamil Nadu announces blockchain infrastructure plan

The Indian state of Tamil Nadu unveils new technology projects, including a blockchain infrastructure, to create easier government processes. Indian chief minister Edapaddi K. Palaniswami announced Tamil Nadu’s adoption of an ethical blockchain policy, according to The New Indian Express.  Palaniswami also announced that Tamil Nadu intends to launch a project to provide Knowledge Proof …

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Bitcoin Unlimited Launches Two-Option Voting App Powered by Bitcoin Cash

On September 16, the Bitcoin Unlimited development team launched a new application called Votepeer. The software is powered by the Bitcoin Cash network and allows anyone to set up a transparent two-option voting process. This week a couple of Bitcoin Unlimited (BU) developers released a new voting protocol called Votepeer. BU software engineers, Dagur and …

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This crypto mining operator was named Bitmain’s sole North American cooperative repair center

Crypto mining operator Core Scientific is set to become the first North American cooperative repair center for major crypto mining hardware manufacturer, Bitmain. According to an announcement shared with Cointelegraph, the company will offer repair services for Bitmain’s machines. The company says that this will reduce costs associated with shipping hardware to Asia, and curtail …

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Elastic Finance makes its case in the DeFi discussion

The DeFi frenzy has been making the headlines in the last few months, as crypto exchanges rush to list popular tokens within the decentralized finance sphere. However, another concept called “Elastic Finance” has emerged, which could be the next generation of financial platforms that can use unique supply elastic assets, said an expert. During an …

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A Gov official in South Korea proposed the nation’s first blockchain voting platform

On September 11, the head of the Seocho regional government proposed a blockchain-powered voting platform for residents, and praised the recent influx of crypto-related developments across the country. According to UpDown Korea, Cho Eun-hee, who is the local government leader of one of Seoul’s most affluent districts, believes that it is the “right time” to …

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Challenging Ethereum 2.0? Competing blockchains are seizing the moment

After several years in development, Ethereum 2.0 is now more tantalizingly close than ever before. Despite a shaky start with the Medalla testnet, it seems that development is still on track. Prysmatic Labs developer Raul Jordan indicated in a recent blog post that “2 to 3 months from the Medalla genesis block is still an …

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Major Chilean bank shuts down all branches following ransomware attack

Banco Estado, the only public bank in Chile and one of the three largest in the country, had to shut down its nationwide operations on Monday due to a cyberattack that turned out to be a ransomware launched by REvil. According to a public statement, the branches will remain closed for at least one day, …

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