Comparing Bitcoin Blockchain Data Size To Today’s Hottest Tech
Bitcoin is about as innovative of a technology as it gets. It quite possibly is the most important technology to ever exist, potentially more impactful than the internet before it. Without the internet, cryptocurrencies might never exist, but Bitcoin could forever change the face of money – and with it, control. As powerful and potentially […]
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Chrono.Tech is turning many heads by its venture into disrupting the HR and recruitment industry. The team aims to leverage blockchain technology to streamline the many day-to-day processes in this segment. That vision has attracted over $30 million in funding, according to today’s press release. Chrono.Tech Spans Many Solutions Blockchain technology can, in theory, disrupt […]
Blockchain is the ledger in Bitcoin network which records all transaction details. These transactions are registered in 10 minute blocks of 1 megabyte each. The Blockchain grows as the number of blocks increase. New blocks are created each time after the previous block exceeds the block size. The block size was limited to 1 MB during the initial days of Bitcoin when the number of transactions were less and the Blockchain didn't have much use apart from recording the transactions. But now, as the number of bitcoins and bitcoin users increase, the number of transactions also rise. Apart from....
Today, Bitcoin Classic released code that could double the block size. The concept is crucial, the timing is interesting, the repercussions massive. At CCN, we have covered block size conversations and opinions. Bitfury’s Vavilov has an opinion. Dash has addressed the limitations. But now the debate is in full swing and the intensity is increasing. After Mike Hearn’s recent departure, the discourse in the community was mostly centered around the question of “What does it mean?” Of course not to imply that today’s release is at all correlated with Hern’s exit, but at least now we know what....
A new report from Ovum has found that 75 percent of corporate treasures in Africa and Latin America are interested in the solutions that blockchain can deliver to banks. Developed in partnership with Temenos, a Swiss financial services software specialist, the report, Understanding Today’s Corporate Treasurer: The Implications for Corporate Banking Services [PDF], looked at how the priorities and attitudes of today’s corporate treasurer across four main areas of responsibility are changing. These are cash and liquidity management, forecasting and analytics, risk and compliance, and cost....
Global tech giant IBM took its latest step in leveraging its existing brand power to position itself as an enterprise blockchain solutions leader today, appearing at the The Block Chain Conference in San Francisco. There, IBM’s Global Blockchain Offering Director John Wolpert gave a keynote speech, his half hour talk covering the deficiencies in the approaches being taken by today’s blockchain developers and why he believes a more collaborative approach is needed to bring the tech to market. The talk follows the news that IBM is participating in the Hyperledger Project, an open-source....