Coinjournal

Bitcoin’s Lightning Network Version 1 RC is Here, Mainnet Beta Implementations On The Way

4 days ago 7ring 0
According to a post from three Lightning Network development teams on Medium, a release candidate for version 1.0 of the Lightning Network protocol has been completed, which includes compatibility between three different implementations of this layer-two scaling solution for Bitcoin. Multiple teams working on the Lightning Network first started to work towards the standardization of Read More

Malaysia Financial Regulator Unveils Blockchain Pilot Project

2 weeks ago 7ring 0
Image credit: SC Chairman Tan Sri Ranjit Ajit Singh giving his opening address at the SCxSC2017 Digital Finance Conference, @SecComMY, Twitter The Securities Commission (SC) Malaysia is exploring the use of distributed ledger technology for the over-the-counter (OTC) market. The pilot project, run through SC’s Alliance for Fintech (aFINity) program, aims to examine how blockchain Read More

Decentralized Ethereum-Based AirBnB Records 300 Listings Within Its First Month

3 weeks ago 7ring Comments Off on Decentralized Ethereum-Based AirBnB Records 300 Listings Within Its First Month
CryptoCribs, a decentralized Ethereum-based application which enables users to book spaces, rooms, and houses using cryptocurrencies including bitcoin and Ethereum, has already added 300 listings within its first month of operating. Peer-to-peer networks such as Uber and AirBnB have disrupted their respective industries over the past three years by allowing users or consumers to directly Read More

Vitalik Buterin: Early Versions of Ethereum Were Supposed to Launch on Bitcoin

3 weeks ago 7ring Comments Off on Vitalik Buterin: Early Versions of Ethereum Were Supposed to Launch on Bitcoin
Earlier this week, Ethereum co-founder Vitalik Buterin revealed that early versions of Ethereum were set to be launched on top of the Bitcoin protocol. In the early days of bitcoin, the function OP_RETURN was used by several major blockchain networks including Counterparty, which was the 20th largest cryptocurrency in the market at its peak. The Read More