Tag Archives: Network

How This Dualchain Network Architecture Is Solving The Blockchain Trilemma

The Blockchain Trilemma, also commonly known as the Scalability Trilemma, has been one of the greatest hurdles for cryptocurrencies – that is, until recently. Metaverse Foundation, a company that vows to keep its leading status in blockchain technology, has figured out a way to tackle this (in)famous trilemma. Continue reading How This Dualchain Network Architecture Is Solving The Blockchain Trilemma

Nuvo is Building a Blockchain-Based Decentralized Communications Ecosystem for Africa and Beyond

It comes as a surprise to most people that the network we know as the “world-wide web” is in many ways not world-wide at all. For instance, platforms such as YouTube, Facebook, and Instagram have long been banned in the People’s Republic of China1 – which was followed by a ban of WhatsApp in 20172. Another example is general access to the Internet in Eritrea, where less than 1.18% of the population of over 4.4 million people uses the Internet3. More shockingly, a 2016 study by Cambridge University revealed that more than sixty countries engage in some form of state-sponsored censorship of the Internet4. With several forms of social advances relying on unencumbered access to the Internet, many parts of the world are being left in the dark if they cannot access news or information and communicate with their peers in the same way that most others can. Continue reading Nuvo is Building a Blockchain-Based Decentralized Communications Ecosystem for Africa and Beyond

What Is Bancor Network Token? Introduction To BNT Token

The Bancor Network is a cross-chain cryptocurrency conversion platform that lets you convert between Ethereum and EOS tokens (others are in the works) without the need of a middleman or other third party. Bancor Network Token (BNT) is the intermediary token used by Bancor to initiate exchanges. It’s both an ERC-20 token and EOS token. Continue reading What Is Bancor Network Token? Introduction To BNT Token

Ethereum (ETH) Network Sees Transactions with Exorbitant Mining Fees

Ethereum (ETH) has again shown transaction fees that far exceed the block rewards. Etherscan revealed several such instances, in one case the amount reaching 2,100 ETH. Other transactions saw fees of 420 ETH and 210 ETH. Continue reading Ethereum (ETH) Network Sees Transactions with Exorbitant Mining Fees

Monero Crypto Network Plans Fork to Buck ASIC Miners Once and For All

Developers of the privacy-cryptocurrency Monero have announced they’ll be “forking” (making code changes to) their network, changes that will reportedly make it impossible for “miners” using powerful ASIC-chip-laden machinery to process transactions on the network, Blockchain Reporter states. Continue reading Monero Crypto Network Plans Fork to Buck ASIC Miners Once and For All