Posts in tag

Cryptocurrency


Bitcoin’s value reached an all-time high after Tesla announced it had bought $1.5 billion worth of the cryptocurrency. After its launch in early 2009, Bitcoin has gone through a lot of ups and downs. Some of its biggest price swings were in 2017 and 2018, when a steep rise followed by an 84 percent decline …

A new cryptocurrency-routing scheme co-invented by MIT researchers can boost the efficiency — and, ultimately, profits — of certain networks designed to speed up notoriously slow blockchain transactions. Cryptocurrencies hold promise for peer-to-peer financial transactions, potentially making banks and credit cards obsolete. But there’s a scalability issue: Bitcoin, for instance, processes only a handful of …

One of the hottest topics in cryptocurrencies is the prospect of major economies launching state-backed digital coins. China’s central bank recently accelerated plans for what is currently known as the Digital Currency Electronic Payment (DCEP). It could launch within the next 18 months, while the European Central Bank is looking at something similar. Meanwhile, Russia …

An article on the World Economic Forum website rightly asked some tough questions about the ability of blockchain to change the world for better. The argument was that it was dangerous to place all our faith in this new technology to solve our digital security issues. While it is true that blockchain is not a “magic …