Understanding Ethereum, Bitcoin’s Virtual Cousin

Understand #Ethereum, #Bitcoin's biggest competition.

  • The Ethereum network has its own virtual currency, Ether.
  • The shared records of the Ethereum network — of every transaction and computation it has ever performed — are known as a blockchain, just as the shared records of all Bitcoin transactions are known as a blockchain.
  • The versions of the Ethereum software that companies are building will most likely be used to set up private networks that would be totally separate from the public Ethereum network and that would not use the Ether currency.
  • Just as with Bitcoin, Ethereum are “mined,” or created by computers joined into the Ethereum network.
  • As with Bitcoin, Ethereum mining serves a dual process of getting new Ether into the world while providing an incentive for people to join the network and help maintain the Ethereum blockchain.

Ethereum has attracted broad interest from both hackers and corporations with its updates on Bitcoin.
Continue reading “Understanding Ethereum, Bitcoin’s Virtual Cousin”

Is Blockchain the Future of Fin-Tech?

  • Here are a few reasons why the Blockchain technology could really be the future of Financial Technology (FinTech): – – Part of the reason why the Blockchain technology is considered innovative is its ability to completely diminish the need for a central management system or a central authority.
  • However, more and more companies and institutions are realizing the true potentials of the Blockchain technology, which goes beyond the application of currencies.
  • Many Blockchain projects are helping people around the world to easily utilize and integrate the Blockchain technology into their existing financial data-keeping and data-recording systems.
  • Financial applications such as Bitcoin on the Blockchain technology simply diminishes the need for a physical bank around to open a bank account and send or receive money.
  • Although it is true that the technology is still in its early beta stages with limited use cases within the Cryptocurrency industry, many projects are being introduced to help expand the use of this innovative technology.

The ever-increasing popularity of Cryptocurrencies has also helped shed light on what is known as the Blockchain technology. It is what helps decentraliz…
Continue reading “Is Blockchain the Future of Fin-Tech?”

Is Blockchain the Future of Fin-Tech?

Proof Suite might no longer be as much of a secret.  @HuffPost

  • Here are a few reasons why the Blockchain technology could really be the future of Financial Technology (FinTech): – – Part of the reason why the Blockchain technology is considered innovative is its ability to completely diminish the need for a central management system or a central authority.
  • However, more and more companies and institutions are realizing the true potentials of the Blockchain technology, which goes beyond the application of currencies.
  • Many Blockchain projects are helping people around the world to easily utilize and integrate the Blockchain technology into their existing financial data-keeping and data-recording systems.
  • Financial applications such as Bitcoin on the Blockchain technology simply diminishes the need for a physical bank around to open a bank account and send or receive money.
  • Although it is true that the technology is still in its early beta stages with limited use cases within the Cryptocurrency industry, many projects are being introduced to help expand the use of this innovative technology.

The ever-increasing popularity of Cryptocurrencies has also helped shed light on what is known as the Blockchain technology. It is what helps decentraliz…
Continue reading “Is Blockchain the Future of Fin-Tech?”

Archaeology and blockchain: a social science data revolution?

Archaeology and #BlockChain: a social science data revolution?

  • Why Consider Hadoop For Your Next Software Development Project?
  • To Hadoop or Not to Hadoop, that is the question?To Hadoop or Not to Hadoop, that is the question?
  • Hadoop is often called a framework your business needs to solve nearly all your problems.
  • In the following post, you will come across various reasons to consider Hadoop for your next software development project.


Blockchain technology is revolutionising financial systems. Could it do the same for archaeological data?

Continue reading “Archaeology and blockchain: a social science data revolution?”

Understanding Ethereum, Bitcoin’s Virtual Cousin

Understanding Ethereum, Bitcoin’s Virtual Cousin

  • The Ethereum network has its own virtual currency, Ether.
  • The shared records of the Ethereum network — of every transaction and computation it has ever performed — are known as a blockchain, just as the shared records of all Bitcoin transactions are known as a blockchain.
  • The versions of the Ethereum software that companies are building will most likely be used to set up private networks that would be totally separate from the public Ethereum network and that would not use the Ether currency.
  • Just as with Bitcoin, Ethereum are “mined,” or created by computers joined into the Ethereum network.
  • As with Bitcoin, Ethereum mining serves a dual process of getting new Ether into the world while providing an incentive for people to join the network and help maintain the Ethereum blockchain.

Ethereum has attracted broad interest from both hackers and corporations with its updates on Bitcoin.
Continue reading “Understanding Ethereum, Bitcoin’s Virtual Cousin”

How To Increase Your Success With ICOs

  • With basically everyone threatened by cyber attacks, password breaches, identity theft and IoT security risks, the Authoreon solutions are of great importance to those, who want to protect themselves, their families and businesses against enormous security risks and, in the end, massive financial losses.
  • Authoreon aims to reduce those numbers dramatically by introducing its unique and proprietary Synapse and Access Lock layers on top of the Ethereum blockchain which enables its customers to secure their privacy, identity and ownership against any cyber crimes.
  • Now you’ll want to give a taste test to their business model and the way they’ll be using their tokens and if there is any validity in what they’re doing.
  • Fourth, you’ll want to consider whether the value of the token at the time of ICO is worth it.
  • But they’ve just duct-taped the concept of a token onto the side of their business model and it doesn’t make much sense.

I’m not sure if you saw the news recently, but ICOs or Initial Coin Offerings have surpassed VC funding for the past two months. Which is kind of …
Continue reading “How To Increase Your Success With ICOs”

Blockchain Technology’s Next Big Superstar

  • First off, when doing an ICO, a company should develop its own tokens, which requires an in-depth understanding of blockchain principles and technology.
  • In order to further legitimize the ICO process, Sasha founded Waves in 2016, an open source cryptocurrency platform that allows individuals to issue and transfer custom blockchain tokens, and trade them on an integrated peer-to-peer exchange.
  • Other notable and unique ICOs hosted on the Waves Platform has been ZrCoin, which offers the first ever blockchain option for investing in the production of a high-demand industrial material.
  • Blackmoon Crypto [RW1] also launched their ICO on the Waves Platform, seeking to bridge the gap between cryptocurrency and conventional investments.
  • However, as more companies and individuals adopt blockchain technology, the benefits of doing an ICO will become more apparent.

ICOs (Initial Coin Offerings) are on the rise, as more startups turn towards blockchain-based platforms to raise funds. Just during the first half of 201…
Continue reading “Blockchain Technology’s Next Big Superstar”