Blockchain Blog

Blockchain Resources & Explanations

30 ExaHash/Sec – a new milestone for the public Blockchain hashrate -- 18 Apr 2018 -   as of 18 APR 2018      
The New Last-Ditch Effort to Unfreeze a $260 Million Ethereum Fortune -- 18 Apr 2018 - Use the real (PoW) Blockchain, and this stuff would not happen ...   "The least evil." That's how one ethereum user described the latest effort to recover $264 million in cryptocurrency lost due to a code fault in a popular ethereum wallet. But while the recovery efforts that have proliferated since ... Read More
Data, Security, Insurance: How Blockchain Is Disrupting The Health Industry -- 18 Apr 2018 - The health industry’s potential for Blockchain has been outlined numerous times, and new startups continue to emerge in 2018. On Monday, April 9 it was announced that a German consulting firm developed a Blockchain-based solution for the management of sensitive medical data, while a week prior to that an important ... Read More
Lightning + NFC? The New Plan to Bring Bitcoin to Retail -- 17 Apr 2018 - Imagine a way to expand bitcoin payments to millions per second. Now, imagine a clunky, command-line interface. That's the extent of the divide between the vision enabled by bitcoin's best-yet scaling solution, the lightning network, and the current state of its design. But while that's daunting, developers are moving ahead ... Read More
Why Leading Crypto Devs Don’t Work In Silicon Valley -- 15 Apr 2018 - A fundamental division - and an opportunity for others to fill the void 'big corporate' leaves, and do not have the creds for:   "If you or your engineer friend is bored at BigTechCo, get in touch."   The tweet, sent out by Coinbase vice president and general manager Dan ... Read More
PayPal turning into ‘virtual bank’ as it offers debit card & check deposits – without a U.S. banking license … -- 15 Apr 2018 - PayPal is quietly rolling out basic banking services to some of its U.S. customers, which include a debit card and the ability to deposit checks – alongside the loans which were already available. For customers who accept, their PayPal balances also become protected by Federal Deposit Insurance Corp (FDIC) insurance. Surprisingly, ... Read More
Electronics Giant Foxconn to Build Sirin Labs’ Blockchain Phone -- 12 Apr 2018 - The Blockchain oriented electronics developer and OS supplier Sirin Labs has found a manufacturer for its Blockchain-enabled smartphone, Bloomberg reports April 4. A subsidiary of Foxconn Technology Group, FIH Mobile, has agreed to help develop the Blockchain phone, called the Finney. Foxconn is a multinational electronics contract manufacturing company based ... Read More
22 Countries Sign Declaration For European Blockchain Partnership -- 11 Apr 2018 - The European Commission’s (EC) Digital Day 2018 has led to the signing of a Declaration to create a European Blockchain Partnership made of up 22 countries, according to an April 10 European Commission press release. During yesterday’s speech, the EC Vice President called on Europe to become a leader in ... Read More
Blockwart: Ethereum Smart Contract Glitch Allowed Users To Steal “As Much As They Wanted” In Ether (ETH) -- 23 Mar 2018 - Blockwart   Coinbase Bug Allowed Users To Steal Unlimited ETH, Wallet Paid $10K Bounty For Discovery Major US crypto wallet provider and exchange service Coinbase has rewarded a Dutch company with a $10,000 bounty after it discovered a smart contract glitch allowing users to steal “as much as they want” ... Read More
Blockchain Based Solution to Firearms Registration -- 18 Mar 2018 - Though this piece promotes (by iHLS) one specific company (Blocksource) and their product (i.e. shameless promotion of an accelerator and one of its participants), and is not actually Blockchain Technology, the idea behind it could very well be a good use of Blockchain technology.   This post is also available ... Read More
Newbie Intro: John Oliver (HBO) explains Cryptocurrencies -- 12 Mar 2018 - ... funny and actually quite informative - for newbies:   John Oliver Compares Bitcoin With Bitconnect, Ridicules Tapscott’s ‘Dumb’ McNugget Metaphor      
Blockwart: The Cost To Mine 1 Bitcoin – Per Country – March 2018 -- 11 Mar 2018 - Blockwart   Hashrate around 25 Exahash/second Assumes half-way decent (consumer) mining rig hardware at 10 TH/s          
Blockchain: “The demand for talent far, far exceeds supply” … The Authoritative Guide To Blockchain Development -- 08 Mar 2018 - "There just aren’t enough developers in this space, and they can’t get trained fast enough. Everyone is competing to hire blockchain talent, and projects are feeling the talent crunch. Many of the best companies can’t pay their people enough to stay because they have too many opportunities. If you get ... Read More
Blockwart: Japanese 7nm ASIC Miner GMO Plans For 3 ExaHash Capacity in 2018 -- 06 Mar 2018 - Blockwart   The cryptocurrency mine launched by Japanese IT firm GMO Internet has generated more than $3 million in revenue over the past three months. According to a mining report released on March 5, the publicly-traded company disclosed that it had generated 23 BTC, 93 BTC and 124 BTC in ... Read More
Blockwart: Major Blockchains Are Pretty Much Still Centralized, Research Finds -- 05 Mar 2018 - Blockwart Simple: because they all are not Blockchains, just use the label ... (only the PoW is "real" Blockchain - the rest are cheap copies with compromises)   Mar 5, 2018 at 09:00 UTC At the beach, they say, all your troubles melt away. But that's not entirely the case ... Read More
Blockwart: Quebec Not Interested In Bitcoin Mining Without ‘Added Value’ -- 04 Mar 2018 - Blockwart   The Quebec government said it is “not interested” in providing cheap electricity to Bitcoin miners via state utility Hydro-Quebec during a conference Friday, Mar. 2, Bloomberg reports. In comments during a conference in the capital Montreal, Premier Philippe Couillard implied that, unlike previous statements from Hydro-Quebec itself, “doing ... Read More
Blockwart: Fundamentally Vulnerable? Ethereum’s Casper Tech Takes Criticism By Distributed Systems Expert -- 03 Mar 2018 - Blockwart "I think Proof-of-Stake is fundamentally vulnerable." - Dahlia Malkhi [ ... for whatever it is worth, I agree with her - TJACK]   Is ethereum's biggest future upgrade "fundamentally vulnerable?" That was the claim put forward by distributed systems expert and founding VMware researcher Dahlia Malkhi on Friday, who ... Read More
Blockwart: Porsche Claims ‘First Automobile Manufacturer’ To Test Blockchain Technology For Cars -- 01 Mar 2018 - Blockwart   Automobile manufacturer Porsche is exploring Blockchain apps in its vehicles in cooperation with the Berlin-based startup XAIN, Cointelegraph auf Deutsch reported yesterday, Feb. 27. In their press release published Feb. 22, Porsche stated that the company is “the first automobile manufacturer to implement and successfully test Blockchain in ... Read More
Blockwart: Dubai To Release Blockchain-Based System To Track Vehicles & Lifecycles in 2020 -- 01 Mar 2018 - Blockwart   Dubai’s Roads and Transport Authority (RTA) has announced plans to launch a Blockchain-based vehicle lifecycle management system in 2020 that would provide customers with a history of their vehicle from “the manufacturer all the way to the scrap yard,” local news outlet Arabian Business reported yesterday, Feb. 27. ... Read More
Blockwart: Germany Will Regard Bitcoin As Legal Tender For Tax Purposes – Contrary To USA -- 01 Mar 2018 - Blockwart   Germany won't tax bitcoin users for using the cryptocurrency as a means of payment, the Ministry of Finance has said. The guidance, published Tuesday, sets Germany apart from the U.S., where the Internal Revenue Service treats bitcoin as property for tax purposes - which means that if an ... Read More
Blockwart: US City Plans to Sell Tokenized Bonds in ‘Initial Community Offering’ -- 01 Mar 2018 - Blockwart   Confronted with substantial federal funding reductions, Berkeley, California, is turning to crypto tokens as away to fund services like affordable housing. Mayor Jesse Arreguin and councilman Ben Bartlett have teamed up with San-Francisco-based investment startup Neighborly to advance an initiative that would divide municipal bonds into micro-bonds and ... Read More
Blockwart: Alibaba’s T-Mall Is Moving Cross-Border E-Commerce to Blockchain for 30,000 Goods From 50 Countries -- 01 Mar 2018 - Blockwart   Alibaba's T-Mall e-commerce platform is reportedly adopting blockchain technology in its cross-border supply chain through a partnership with logistics company Cainiao. According to a report by China's news agency Xinhua Wednesday, the partnership aims to move information on goods for import and export onto a blockchain that can ... Read More
Blockwart: Bitcoin Core 0.16.0 With ‘Full Support’ For SegWit Gets Official Release -- 26 Feb 2018 - Blockwart   The Bitcoin Core client version which provides “full support” to Segregated Witness (‘SegWit’) scaling technology finally received its official release Monday, Feb. 26. A circular to the Core mailing list confirms the raft of upgrades in addition to the historic SegWit move, the forthcoming release having been announced ... Read More
Blockwart: Culprits Apprehended In Icelandic Bitcoin Miner Theft -- 26 Feb 2018 - Blockwart After Verne Global, Advania is the second-largest data center provider in iceland.   Icelandic information technology service Advania has confirmed with their security footage that the police have apprehended the right two men for the three burglaries at data centers in Iceland last December and January, local news outlet ... Read More
Blockwart: China Mining Co. Bitmain Shows Higher 2017 Profits ($4bn) Than US GPU Giant Nvidia ($3bn) -- 24 Feb 2018 - Blockwart "Bitmain holds 70 to 80 percent of the market for Bitcoin miners and ASIC cards"   Chinese mining hardware giant Bitmain has reportedly made higher profits in 2017 than long time American graphics processing unit (GPU) manufacturer Nvidia, CNBC reported Feb. 23. CNBC writes that according to a report ... Read More

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