Author: NBTC
Moondance Labs, a business involved in developing the Tanssi appchain framework protocol, releases ContainerChains. This is an effective solution and makes it easier for developers to establish application-oriented blockchains. The increase in appchains is welcome for their specific blockspace, customization, and being in tune with blockchain’s prime factors related to safety, governance potential, and decentralization. However, at times, their complex positioning requirements are responsible for bringing various difficulties to projects and forcing greater costs and time periods. More options are required for developers at this time. In the case of smart contracts, quicker delivery is achieved at the expense of…
MicroStrategy recently reported acquiring an additional 5445 Bitcoins. The software company revealed the transaction on Monday while filing with the SEC. The transaction amounted to a whopping $147.3 million. MicroStrategy now holds 158,245 Bitcoins, which accounts for 0.754% of the available BTC supply. The holding is roughly worth $4.1 billion, making MicroStrategy the biggest corporate BTC holder. Even with the massive holding, the company still has $500 million in unrealized losses due to BTC’s current price. The biggest crypto is currently trading near $26k, while MicroStrategy bought it for an average price of $29,582. Michael Saylor, the co-founder of MicroStrategy,…
Bitcoin Spark (BTCS) has been gaining momentum lately, leaving many wondering what led to its sudden growth. To understand the evolution of Bitcoin Spark, we must first explore what sets Bitcoin Spark apart from other cryptocurrencies and how it leverages the strengths of Ethereum, including smart contracts and more. What are Ethereum and smart contracts? Ethereum, known for its versatility, introduced the idea of Smart contracts, which are self-executing agreements with predetermined conditions. Smart contracts automate and enforce agreement conditions, making them highly secure. This breakthrough led to a broad ecosystem of decentralized applications (DApps) and gave rise to the…
Mixin Network has suffered a hack attack, draining funds worth $200 million. The community has received confirmation of the news from Mixin Network on X, formerly Twitter, informing them that the decentralized wallet service has temporarily suspended deposit and withdrawal services. They can, however, continue to execute transfer orders on the platform. Mixin Network will open up the services once the team has identified and fixed vulnerabilities. Hackers attacked the database of the cloud service provider, said Mixin Network, adding that it has collaborated with Google and SlowMist to conduct investigations. The hack attack has stolen funds in the form…
Bitcoin is a digital currency that exists only in the digital realm; it is like internet money. In the financial world, Bitcoin is a game-changer. It offers a new way to store and transfer value. Unlike traditional money, Bitcoin is not tied to any country, making it a global currency. However, a Bitcoin ETF is something different; it is an Exchange-Traded Fund or a basket that holds Bitcoin. It allows regular folks, like your parents, to invest in Bitcoin without actually buying and storing it themselves. It makes investing in Bitcoin easier and safer for many people who might find…
Bitcoin Spark sets its sights on the cryptocurrency niche, facing giants like Ethereum and Dogecoin. Bitcoin Spark strives to remove its niche from the meme coins while improving ETH’s smart contract capabilities. Bitcoin Spark (BTCS) Bitcoin Spark revolutionizes the cryptocurrency landscape with its innovative Proof-Of-Process (PoP) protocol. The BTCS token, currently in ICO phase six at $2.75, offers a multitude of use cases within the BTCS ecosystem. These applications include staking for passive income, facilitating transactions, storing value against inflation, and more. Access to the BTCS ecosystem is seamless through a robust Bitcoin Spark application, compatible with iOS, Android, and…
Zilliqa, a blockchain system known for its speed, security, and affordability, has partnered with GMEX Group in a thrilling collaboration. The two parties will focus on GMEX’s innovative mission, ZERO13, which aims to revamp how retail buyers interact with corporate responsibility initiatives. They plan to create a groundbreaking carbon offset program to change environmental efforts. The Zilliqa Group-GMEX ZERO13 partnership aims to create a blockchain-powered platform. The platform will use EVP, a new digital currency representing carbon offsets. When clients interact with Zilliqa-affiliated businesses, they will receive EVP tokens that are securely held on the Zilliqa blockchain. These tokens allow…
Over the weekend, Bitcoin’s price maintained its resilience, staying below the $27,000 threshold despite market uncertainties. In this post, we will dissect the current state of Bitcoin and two upcoming major events: Bitcoin ETF and halving. Amidst shifting market dynamics and diverse expert opinions, we aim to provide insights into Bitcoin’s potential path, shedding light on how recent events may influence its price trajectory. Looking to the Bitcoin Future: Countdown of Two Major Events As we look ahead to the future of Bitcoin, there are two major events on the horizon that have the crypto world buzzing: the potential approval…
Ethereum (ETH), Dogecoin (DOGE), and Bitcoin Spark (BTCS) have been regarded as great cryptocurrency investments. So, let’s explore their potential. Ethereum staking With the transition from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism, Ethereum holders can now participate in staking. By locking up at least 32 Ether (ETH), individuals contribute to the network’s security and validate transactions while earning a portion of newly created ETH as rewards. Ethereum staking offers a more energy-efficient and environmentally friendly alternative to mining, making it an attractive choice for investors looking to support the network while earning income. Is Dogecoin a good…
Ava Labs has been instrumental in providing its developer’s initial glimpse of Firewood, which the company has been engaged in for a long period of time. It involved writing an advanced database that was maximized for holding Merkleized blockchain states from the start in Rust. Scholars agree that effective state control is one of the main obstacles to expanding the use of blockchain technology on a global scale. Using a specially created storage stack, Firewood addresses the issue by lowering the overhead of enhancing, storing, and removing the Merkleized state. Firewood uses the data’s Trie architecture in the form of…