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Bitcoin Storage Costs On The Rise, Now At 2.1% Annually Plus Transaction Fees

Bitcoin storage costs have been increasing steadily in the last few years and at the moment it is estimated to be 2.1% per year for Bitcoin, reported BTC developer Tamas Blummer. According to an independent Bitcoin developer and researcher, Tamas Blummer, the costs of storing Bitcoin is mostly overlooked. In a post published by Medium, […] дальше »

2019-10-15 00:04


‘Facebook’s Libra has better chance of adoption in the U.S than Bitcoin’

eToro crypto-exchange’s Market Analyst, Mati Greenspan recently featured in an interview to provide a glance within the mysterious crypto ecosystem. While speaking about Bitcoin nearing its 21 million cap, Greenspan highlighted that the current ecosystem incentivises the miners “to deliver the computing power at whatever costs. дальше »

2019-10-5 01:30


SegWit Transactions Are On The Rise; Bitcoiner Makes A Deal With Binance’s CZ To Increase Adoption

Segregated Witness (SegWit) transactions on the Bitcoin network have recently increased. According to data taken from the network, the use of SegWit has spiked to 55% in September. This is an optional protocol that helps the blockchain transactions to lower costs because it can accommodate more transactions in a single block. The SegWit protocol creates […] дальше »

2019-10-5 00:08


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CoinExchange.io Shuts Its Doors, Bear Market Claims Another Victim

Altcoin trading platform CoinExchange. io has announced it’s shutting its doors due to financial issues. It will remain operational until December 1, 2019. Costs Outweigh Earnings A post published on the exchange’s website yesterday states that the decision to shut up shop was purely business-related and not the result of a “security breach or any other type of incident. дальше »

2019-10-2 16:53


Unilever Executive Vice President: Blockchain Use Saved 2-3% of Ad Costs

Fast moving consumer goods giant, Unilever’s new blockchain based pilot ad buying platform has been a resounding success according to the executive vice president for global media, Luis Di Como. Speaking to media news outlet, Campaign, Luis confirmed the blockchain saved the company about 2-3% of their ad costs through reconciliation. The platform also recorded […] дальше »

2019-9-28 20:47


Wells Fargo’s Blockchain-based Stablecoin Will Be Faster, Cost Less Than SWIFT

The world's fourth-largest bank said cryptocurrency will allow near real-time money movement and cut out settlement middlemen, thus reducing costs from fees. Regarding the technical aspects of this new product, Wells Fargo has built their own blockchain using Corda Enterprise, the enterprise version of R3’s blockchain technology. While we will not see this product in […] дальше »

2019-9-21 19:26


Tron Foundation Reveals the Future Plan for Tron: How Will it Impact the TRX Coin Price?

In its latest FAQ session, Tron shared its future plan with the community where Tron Foundation reveals the idea is to build a Tron ecosystem that “everyone can participate in and benefit from.” Users, it stated gets to enjoy convenience, reduced costs, and “build fortunes,” by using different decentralized applications (DApp) functions deployed on Tron […] дальше »

2019-9-19 19:18


Bitcoin’s old mining rigs are still profitable investments, claims report

Bitcoin continued to remain in the spotlight today. This time however, it grabbed the attention of crypto-paparazzi for the mining rigs used to mine it. According to a report, overall costs including initiation costs and the rental of older mining rigs still makes BTC mining a profitable venture, with the king coin priced at $10,288. дальше »

2019-9-11 23:30


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Venezuela Launches Cryptocurrency Remittance Platform to Boost Capital Inflow in the Country

According to official news published by the Venezuelan government on August 26, the state-run remittance platform Patria Remesa is officially operational. Crypto Remittances Thousands of Venezuelan migrants fled their homeland years ago to find work and send remittances to their relatives since a few dollars could bear the costs of living. дальше »

2019-8-27 17:00


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Rwanda Studies CBDCs To Minimize Transaction Cost and Maximize Output

The Rwandan Central Bank is interested in exploring central bank digital currencies to reduce the costs associated with transacting by optimizing efficiency. As per BNN Bloomberg, August 22, 2019, Rwanda’s Central Bank looks to authorities in Canada, Singapore, and Holland for inspiration as they have successfully studied the applications of blockchain. дальше »

2019-8-23 11:00