Ethereum scaling solution Optimism upgrades governance structure

The Optimism Foundation has unveiled a new governance structure and token as part of its ongoing efforts to bring scalability and cost efficiency to Ethereum (ETH), the world’s largest smart contract platform.  The “Optimism Collective” was introduced Tuesday afternoon in a lengthy post that outlined its mission and governance mandate. Described as a “large-scale experiment […]

Crypto wallet firm Ledger integrates tax solution to simplify reporting

Major cryptocurrency hardware wallet provider Ledger is moving to help crypto investors keep track of their taxes by integrating a new crypto tax-related solution. Ledger has partnered with cryptocurrency tax software platform ZenLedger to integrate its crypto tax reporting solution into Ledger’s interface application Ledger Live, the firm announced to Cointelegraph on Thursday. The new […]

Blockchains Are an Excellent Solution for Privacy, Part 2

From a technical viewpoint, blockchain is a growing records list that is cryptographically tied to and managed by a peer-to-peer network. At the same time, they join a protocol of communication among nodes to validate new blocks. Essentially, a blockchain is a way of validating data transactions in a permanent and immutable manner to guarantee […]

Blockchains Are an Excellent Solution for Privacy, Part 1

Several data violations, like the Cambridge Analytica scandal, have brought forth questions regarding how companies and governments should deal with the data entrusted to them, and they have also increased the search for the development of new technologies to preserve the privacy of companies and users. Consequently, countries and regulators have rushed to set new […]

Reddit Seeks Scaling Solution for Ethereum-Based ‘Community Points’

Reddit is anticipating big demand for its Ethereum-based “Community Points” system only one month after rolling out the product. Now the social media site is looking for a scaling solution. Posted in the r/Ethereum subreddit Thursday, Reddit announced a partnership with the Ethereum Foundation to find a Layer 2 (L2) scaling technique for the site’s […]

Ripple Adds 5 New Clients to Its RippleNet Cloud Solution

As part of its expansion of global customer-base, Ripple Labs has added five new clients to its RippleNet Cloud solutions which give banks and financial institutions a possibility to offer payment services using the RippleNet network. San Francisco-based blockchain startup Ripple has added five new clients to its cross-border payments network – RippleNet. The company […]

New Decentralized Cybersecurity Solution Enables Passwordless Logins

Blockchain cybersecurity firm Unbound Tech launched a new login solution meant to enable businesses to go passwordless. According to an announcement on June 17, Unbound Tech’s new identity solution removes the dependence on traditional authentication methods with a decentralized key management system. The system can also be used to access blockchain wallets. The system is […]

Mysterious ETH 2.0 Staking Solution Author Claims No Pursuit of Glory

An anonymous blockchain industry participant going by the name heyheeyheeey recently dropped an Ethereum 2.0 (ETH 2.0) staking solution on Medium in Satoshi-like fashion. The pseudonymous character did not do it for the fame, according to his recent comments to Cointelegraph.  “The only thing that I’d like to clarify is that I wasn’t paid, but […]

IBM Pilots Blockchain Solution For Primary Teachers’ Pensions in Bangladesh

IBM has announced an initiative to build a distributed ledger technology, or DLT, based architecture to underpin the digital pension system for Bangladeshi primary school teachers. The proof-of-concept comprises a permissioned network of teachers and other stakeholders powered by the IBM Blockchain Platform, with pension information uploaded to the blockchain to ensure tamper-resistant record-keeping and […]

Someone Just Anonymously Dropped an ETH 2.0 Scaling Solution On Medium

As the world awaits Ethereum (ETH) 2.0 staking implementation, someone operating under the pseudonym “heyheeyheeey” posted a Medium article with a solution based on the protocol.   The concept is a “design for an ETH2 staking solution on top of Argent, that is fast and simple to use so that users with less time, knowledge or […]