Ross Peili, Publisher at CoinCodex
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Although blockchain technology has entered the international financial system, IT, IoT and other industrial sectors, we don't often hear about blockchain used in the undeniably important healthcare sector.
Ever since cryptocurrency exchange Binance launched in the summer of 2017, it had implemented its own native digital currency BNB which wasn't just an alternative to Bitcoin, but rather a utility token tailored for the exchange itself.
Essentially, an altcoin is any functioning cryptocurrency that has been created after Bitcoin, the first global digital currency. Hence, "altcoin" is a combination of "alternative" and "coin". Often, people will use the abbreviation "alts" to refer to altcoins.
There are various types of consensus mechanisms used in modern distributed ledger systems, and they are meant to make sure the operating platform is running smoothly, all transactions are confirmed or processing under 'defined' laws and malicious actors are punished, or even blocked from the network.
The most common way to succeed with a double-spending attack is to own or manipulate at least 51% of the entire network, which requires a tremendous amounts of processing/computational power when we're talking about major blockchain networks such as Bitcoin.
Whether we’re talking about newbies in the blockchain sector or hardened veterans, there’s still often confusion about accurately describing key concepts of cryptocurrencies and blockchain platforms.
Florida's federal Judge Brice Reinhart filed a 'request for international judicial assistance' with the Queen's Bench Division of the City of London, on July 24th in order to better understand the current position of Ramona Watts, Craig Wright's wife, who is apparently the main suspect to various fraud-related incidents in the crypto scene lately.
Chinese blockchain and cryptocurrency entrepreneur Justin Sun has postponed his lunch with investing tycoon Warren Buffet due to kidney stones condition that is still under evaluation by medical experts.
Inventors Brandon Matthew Castagna and Bethe Anne Warner published a patent assigned to Bank of America Corporation on June 6th, earlier this year, and while it is still under evaluation (pending), the Google patent doc gives us a clear look on what it's all about.
In modern times, pretty much everyone is aware of Bitcoin, Blockchain, Decentralization and all the fancy words that come with the Distributed Ledger Technology scene.