Cryptocurrency news

• On Byzantine Fault Tolerance in Blockchain Systems

  13-06-2017 10:22
  
  It’s not easy to achieve consensus in distributed systems. This problem is generally called “The Byzantine General’s’ problem.” Byzantine failures are common failures in software design, process, quality, and applications in software. Blockchain applications, starting with Bitcoin’s Proof-of-Work consensus method, are today proposing solutions to this challenge.The Byzantine Fault Tolerance (BFT) is a proposed alternative consensus algorithm to the better know
  
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• Daily Roundup – June 12, 2017

  13-06-2017 09:27
  
  A pseudonymous cryptocurrency trader known on Twitter as WhalePanda wrote a Medium post about Ethereum that struck a nerve in the cryptocurrency community. In the post, WhalePanda questioned the viability of the various projects being launched on Ethereum via initial coin offerings (ICOs), in addition to the future collapse of the ether price.A new report from the Cambridge Centre for Alternative Finance has claimed that at least 3 million people are using cryptocurrencies around the world. Past
  
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• Ethereum Worth Over $8 Million Apparently Stolen from Freewallet Users UPDATE

  13-06-2017 08:14
  
  Updated with an official statement from Alvin Hagg, Freewallet co-founder.
  
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• SegWit – Possible Patent Infringements

  13-06-2017 03:00 via crypto-news.net
  
  Research revealed Segregated Witness or SegWit is possibly liable for violation of two patents filed with the United States Patent and Trade Office. The SegWit protocol has been the subject of numerous discussions and debates during the past year as solution to flexibility issues as well as probability execution will enhance transaction throughput. This refers to volume of materials or data handled. The concept shuffles witness inputs generated by transaction hash and also breaks down the raw da
  
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• Bitcoin Price Pressured Under $2700

  13-06-2017 02:15 via crypto-news.net
  
  Bitcoin prices are undergoing a rapid change in the market’s sentiment with traders contributing to a dip that pushed bitcoin prices below $2700 levels. This development comes only hours after BTC/USD rates were close to $3000 levels, although amid lower trading volumes. The bearish breakout happens through record breaking trading volumes and selling pressure.
  Major Signals
  Bitcoin traders are under pressure amid a market sentiment that doesn’t show support for anything positive.
  Bac
  
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• A Mysterious New Cryptocurrency Is Surging After Being Endorsed by Putin - Vanity Fair

  13-06-2017 00:32 via vanityfair.com
  
  Vanity Fair
  A Mysterious New Cryptocurrency Is Surging After Being Endorsed by Putin
  Vanity Fair
  After catching the eye of both the Singapore government and Russian President Vladimir Putin, Ethereum—the second-biggest cryptocurrency in the world, after Bitcoin—continues to skyrocket. On Monday morning, the cryptocurrency was trading at a ...
  The Cryptocurrency Market is Exploding. Here's What You Need to Know.Futurism
  Bitcoin, Ethereum and a New Direction for Cryptocurrency In
  
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