Blockchain

Rapstan is an Ethereum experimental network (testnet). It was created to afford Ethereum Network an opportunity for a safe future transition from Proof-Of-Work to Proof-Of-Stake. Initially, Ethereum is operating on proof-of-work to mine new coin. PoW has a lot of problems attached to it, and that is why innovators came up with a new design […]

One of the challenges of cryptocurrencies is the consumption of a high amount of electric power. Powerful computer systems need a high amount of electrical power for mining new coins. Proof-of-work came into existence in 1993. It was created to solve the problem of spam emails. Proof-of-work was adopted by Satoshi Nakomoto (the founder of […]

New York accepted the law that was issued for the suspension of bitcoin’s proof of work mining procedure. The law is on its way to the office of the Governor; where it will be signed. However, if the law gets signed New York will become the number state to attack Bitcoin; using the law as […]

NFT developers just got a new building tool as the bear market rages on. According to NFbarter project founder, Mr. Leo Viturin: “Our team has just launched what the company bills as a web3 marketplace protocol for safely and efficiently buying and selling NFTs. The protocol will allow for a more varied and specific NFT […]

It is going to almost a month now as BTC/USD seems to be unable to break away from the $30,000 area. After the incident of BTC’s crash in May, the price action appears to be performing on a sideway pattern. The consolidation is around the $30,000 area. As at the time of writing this analysis, the price action is at […]

Binance changed the name of the previous Terra (LUNA) token to Terra CLassic. This was done as part of the  assistance for Terra airdrop. Hence forth LUNA will be otherwise called LUNC, while the UST token will also be otherwise called USTC. The previously announced airndrop disbursement to LUNA holders; before the crypto crashed, has […]

New LUNA: starting as low as $0.50 (50 cents), rose by around six thousand percent to thirty dollars ($30) on Bybit. However, this was the price that the new crypto reached before it changed direction; dipping to thirteen to sixteen dollars ($16). Also, the LUNA versus Tether USD fell to roughly around five to seven […]

Lucky Block (LBLOCK)’s highly-anticipated $1 million jackpot is only a few hours away. At press time, the LBLOCK jackpot and NFT winner will be announced in 35 hours, according to data from the network’s website. Apart from the $1 million jackpot up for grabs, Lucky Block is also giving away another $1 million in its NFT […]

The latest Terra blockchain went online just yesterday, and it is currently producing blocks. The latest- blockchain is targeted at resuscitating; the Terra community following the crash of TerraUSD recently. This crash saw Terra lose about $40bn in worth. After the recent Terra wreck, Terraform put forward a new blockchain. It was after some days […]

Circle: an internet Financial cooperation, is debating that Federal Reserve should not start its electronic dollar. The Given reason is that the electronic dollar may suffocate the private sector’s attempts to maintain the dollar-type tokens. Circle said that their token: USDC, is already satisfying most of the Central Bank’s recurrence possible benefits. This statement was […]