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Advertisement This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Token development platform enables utility token creation, tapping into Ethereum’s flaws with faster, more secure Blockchain based on the PoA protocol. Modern enterprises and corporations worldwide still have the greatest interest in Blockchains. Although ICOs managed to raise more than $5.6 billion throughout 2017, 52% proved to be unsuccessful due to reasons such as weak business models, improper tokenomics, or unrealistic goals. Sadly, Ethereum has limitations that don’t allow entrepreneurs or developers to reap all the benefits of a fully decentralized network. Security breaches, high gas fees, low transactional speed, and technical requirements come in the way of building a transparent utility token with real adoption chances. In the absence of a universal Blockchain platform, in order to str..
XRP has been on fire for the last 48 hours. In fact, yesterday, the coin briefly took Ethereum’s place as the second largest cryptocurrency per market capitalization after it surged by 20%. While the cryptocurrency is currently correcting lower. This move is another evidence that it is indeed a worthy competitor and the effort by Ripple and the entire XRP community is reflecting on the coin. Why Did XRP Surge? There are two speculations regarding why the price of XRP surged. For starters, the leading cryptocurrency per market capitalization, Bitcoin was green against the USD. Everyone know this has a ripple effect on other coins. Secondly, XRP has had strong fundamentals for the past few months. Ripple Labs has been working tirelessly to promote mass adoption of its technology and the XRP token. XRP (XRP) Price Today – XRP / USD Name Price24H (%)$0.458824 -0.22% Ethereum, the long-time second largest cryptocurrency per market capitalization had fallen from $1,400 to $215 within this..
Most of the 20 top cryptocurrencies by market cap are seeing red, NEM continues to grow more than 4 percent today. Tuesday, October 2: crypto markets are seeing mixed signals, with up and down fluctuations for the last few hours and most of the top 20 cryptocurrencies by market cap seeing losses, according to CoinMarketCap. However, in terms of the 100 top cryptocurrencies, around half of the markets are in the green today. Market visualization from Coin360 After seeing a slight growth on September 30, Bitcoin (BTC) continues seeing losses. The major cryptocurrency is up around .015 percent over the past 24 hours, trading at $6,564 at press time. While Bitcoin has managed to trade above $6,600 for a while within the day, the coin has seen its intraday low of $6,499. According to Cointelegraph’s price price index, Bitcoin is still up almost 2 percent over the past 7 days. Bitcoin’s market share has seen a small growth of around 0.3 percent over the past 24 hours, according to CoinMark..
Red Belly Blockchain reaches 30,000 transactions per second while tested on Amazon Cloud, according to an Australian science agency report. A blockchain system developed by Australia’s national science agency (CSIRO) and Sydney University claims to have set a benchmark of 30,000 transactions per second during a test on Amazon Cloud, according to CSIRO’s Tuesday, September 25 press release. The technology arm of CSIRO, Data61, and the Concurrent Systems Research Group at the University of Sydney created Red Belly Blockchain as a “graduate” from CSIRO’s Pre-accelerator program ON prime. CSIRO and the Concurrent Systems Research Group announced the first outcome of its experiment held on Amazon Web Services (AWS) cloud infrastructure. Red Belly Blockchain was tested on 1,000 machines in 18 regions, including North and South Americas, Australia, and Europe. As per the CSIRO report, Red Belly Blockchain was reportedly able to operate 30,000 transactions per second from different locations,..
Advertisement This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. On September 14, Credits performed a capacity test of its blockchain platform in a real life environment using thirty two geographically distributed nodes and broadcasted it live on Youtube. The test showed that the Credits blockchain platform can perform a peak number of 1,327,152 transactions per second with the average load of 130,400 transactions per second, a result that so far has not been reached by any other blockchain platform. The test was aimed to showcase a stable operation of the platform and provide an indication of transactions per second. The environment was designed to fully imitate real-life conditions. Thirty two nodes operating on both Windows and Linux systems exhibited cross-platform interoperability. The nodes, equipped with transaction generators to simulate network loading, w..
Advertisement This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Blockchain and cryptocurrency, once unknown quantities, are really starting to hit their stride. There are many digital cryptocurrency wallets on the market and talk of crypto and blockchain solutions are not just linked to the tech fringe, but are now ubiquitous in the mainstream. Having gained currency, so to speak, in the wider community, the obvious question arises; how can we improve the speed of transactions to suit the needs of users? The New Blockchain Saviour There is more than one answer to this complex question. First, public blockchains experience slow transaction speeds and confirmations, and..