Blockchain 

Massive Indian Telecommunication Provider Develops Blockchain Network

There are plenty of trends in the technology sector that will fade over time. Blockchain does not appear to be one of them, however. Just as more countries are warming up to cryptocurrency—New Zealand just gave the go-ahead for employers to pay staff in digital currencies—more and more countries are starting to use this innovative technology. India is the latest. Here’s what we know. India Moves into Blockchain Technology At the start of this week, news came out that Reliance Jio Infocomm, a massive telecommunications provider in India, has decided…

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Blockchain 

TRON (TRX) Launches the Sun Network V1.0 Sidechain Scaling Solution

TRON (TRX) has announced the release of the Sun Network V1.0, which is a sidechain scaling solution officially being introduced by the TRON Foundation. Sun Network V1.0 to Offer Unlimited Scaling Capability The Sun Network V1.0 released is expected to enhance and offer unlimited scaling capacity to the platform’s mainnet. This will supposedly ensure dApps are running efficiently with high security while at the same time consuming less energy on TRON. Since the Sun Network V1.0 integrates several scaling projects such as smart contracts, cross-chain communications, dAppChain, and optimized application…

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Blockchain 

TRON (TRX) to Release Version 1.0 of the Sun Network on August 10

According to TRON (TRX) founder Justin Sun, the company is planning to launch Version 1.0 of the Sun Network on August 10. The founder took to Twitter to make the revelations, indicating the Sun Network was one of the 100X scalability solutions of TRON. The network is expected to be optimized on September 15. Scalability Solution to Enhance Transfers The Sun Network is a fast blockchain solution for smart contracts, distributed apps, and cross-chain activity. Justin Sun indicated that the solution will also include the DappChain that will allow developers…

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Blockchain 

BitTorrent Token (BTT) to Power Expedited File Sharing on TRON Network

BitTorrent Token (BTT) has taken a significant hit in recent weeks after hitting peak levels in May. While a crash to new lows against Bitcoin (BTC) is a point of concern, the software company behind the token is already looking into the future. BitTorrent Speed The TRON subsidiary has launched BitTorrent Speed, a new crypto powered approach designed to enhance peer-to-peer file sharing. The speedy software seeks to scale up upload and download speeds within the TRON network. Millions of users stand to enjoy fast and uninterrupted access to files…

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Blockchain 

LiteLink Enters Into Strategic Alliance with SPARE to Bring the Virtual ATM Network to uBUCK Customers in the US

VANCOUVER, British Columbia, June 24, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(FRA:C0B)(OTC:LLNKF), a key player in logistics platforms and payment solutions, is pleased to announce that its wholly-owned subsidiary uBUCK Technologies SEZC (“uBUCK”) has signed a strategic alliance with Spare CS, Inc. (“SPARE”) to bring virtual ATM capabilities to uBUCK customers. SPARE is a mobile ATM app that allows users to convert their digital balance into cash at registered merchants without the need for a debit card, credit card, or a brick and mortar bank. The agreement will…

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Blockchain 

Samsung Blockchain? Tech Giant Developing Blockchain Network

South Korean tech giant Samsung is reportedly developing its own blockchain network. It’s expected the venture will lead to a Samsung token in the near future. Samsung Blockchain According to an internal source “familiar with Samsung’s internal situation,” the company’s wireless division is building a mainnet based on the Ethereum blockchain. Led by its blockchain task force, the new network is still at the “internal experimental” stage. According to the source: “Currently, we are thinking of private blockchain, though it is not yet confirmed. It could also be public blockchain in…

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Ethereum 

Sharding Improvement Coming to Ethereum Network?

There’s a lot of news floating around about the Ethereum network this week. Some bad, some good. This article, however, is going to focus primarily on the latter news.  Ethereum Network to Add Sharding Scaling Yesterday, the co-founder of Ethereum hinted that sharding scaling is coming to the Ethereum network. He tweeted this to his 747K followers. This would be pretty significant if it were to happen. Why? Because it means the transaction processing capacity on the Ethereum network could soon increase.  For those who don’t know, sharding is defined as…

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Ethereum 

Ethereum [ETH] Ranked World’s Top Blockchain Network by Chinese Govt

Ethereum [ETH] – Just this morning, China’s Ministry of Industry and Information Technology released blockchain ratings. These ratings were based on three criteria technology, innovation, and application. 1/ Public blockchain ratings by China’s ministry is out: #Ethereum ranks top of the 28 cryptos evaluatedSource (in Chinese): https://t.co/9jStIiFKcc — cnLedger (@cnLedger) May 17, 2018 As shown by the chart below, 28 different cryptocurrencies were included in the crypto rankings. 4/ Detailed scores of the first crypto ratings by CCID Research, China’s Ministry of Industry & Information Technology pic.twitter.com/7LiJIWokge — cnLedger (@cnLedger)…

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Ethereum 

Is Liquidity Network the Golden Key for Ethereum [ETH]

Liquidity Network and Ethereum [ETH] – Scalability has been a prolonged issue surrounding Ethereum [ETH] for almost a year. Back in November at the Devcon3 conference in Cancun, it was the primary topic of discussion, but the weekend ended with no clear solution. There have been various projects to emerge that have the potential to solve the issue, but none have succeeded – yet. Vitalik Buterin, Ethereum’s co-founder has some serious clout when it comes to the blockchain space and just recently, he endorsed a new project that offers instant off-chain…

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Bitcoin 

Small Bitcoin Fee | Only 10 Cents for $194 Million on the Bitcoin Network

According to sources, on October 16th, a Bitcoin user managed to transfer 29,999 BTC with a transaction fee of only $0.10. This amount of Bitcoin equates to $194 million, and a transaction of this magnitude would usually incur bank fees in the tens of thousands of dollars. With such a small Bitcoin fee for such a large transaction, will we see widespread adoption for big over-sea payments? Small Bitcoin Fee Bitcoin transactions are a funny one. Often, complaints roll in by the dozen about the cost of transaction fees because…

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