Developers are Utilising Ethereum For Video Games

Developers are Utilising Ethereum For Video Games

Immutability deriving from Bitcoin’s proof of work consensus protocol and its mining ecosystem has proven to be beneficial for a variety of applications including identity verification and data processing. Outside the traditional realm of finance, developers are beginning to utilize the immutable nature of blockchain technology to create a more transparent and fair gaming environment. […]

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Genesis Mining Hacked

Genesis Mining Hacked

Earlier this week, the Genesis Mining development team announced that an unauthorized intrusion by an undisclosed attacker was discovered and as a result, funds stored in the company’s hot wallet were stolen and transferred to an external wallet. Most companies in the space operate a hot & cold wallet system: Hot wallet refers to wallets […]

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Will blockchain tech break the energy market?

Will blockchain tech break the energy market?

While the push for renewable energy is gaining traction, consumers are still tied to large power grids and the even larger cartels who control them. But things might be changing. In 2016, the first ever blockchain managed energy transaction occurred in Brooklyn through a microgrid that allows users to trade energy through a virtual, peer-to-peer system built on blockchain technology.

The post Will blockchain tech break the energy market? appeared first on Crypto Insider – Bitcoin and Blockchain News.

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Early Stage Investor Talks Bitcoin’s Scalability & Long-Term Vision

Early Stage Investor Talks Bitcoin’s Scalability & Long-Term Vision

It’s taken the Bitcoin industry years to reach an agreement on how to best scale Bitcoin and begin the process of activating Segregated Witness, a solution which was originally proposed in December 2015. Despite extensive analysis from experts including Blockstack co-founder Ryan Shea which proved SegWit to be a secure and practical solution which solves […]

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