Central bank digital currencies (CBDC) have been the talk of the town ever since the idea of a government-controlled blockchain came into prominence. The democratic ideas that blockchain technology is supposed to be a reminder for now run the risk of being compromised due to its rising popularity among government institutions the world over. AsRead MoreRead More. The post by Aisshwarya Tiwari appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

The number of bitcoins locked in decentralized finance (DeFi) token, WBTC has now greatly surpassed the number of bitcoins in the Lightning Network protocol which was designed to scale the Bitcoin network. At the time of writing, data from DeFi Pulse shows that the USD value of bitcoins wrapped in WBTC was $21.9 million (2,300 BTC) with bitcoins on the Lightning Network channels only amounting to only $8.8 million (923 BTC). As the charts below also show, the value of bitcoins on the Lightning Network has dipped in recent weeks, even though in theory, there should be increased usage with

As the hype over the third bitcoin halving fades, the crypto community is turning its attention to the next major milestone in the development of the ecosystem – Ethereum’s Serenity upgrade, also known as Ethereum 2.0. Serenity is the biggest shift in the blockchain’s short lifetime and will see Ethereum transition from a hybrid Proof-of-Work and Proof-of-Stake consensus algorithm to solely Proof-of-Stake. This opens up new horizons of scalability by implementing new blockchain architectures like Sharding. For the burgeoning DeFi ecosystem, which currently boasts around $844.9M worth of Ether (ETH) locked in smart contracts, the transition to the new-and-improved Ethereum

One of the biggest challenges for blockchains right now, if not the biggest challenge, is scalability, or the ability to process more transactions...

Reddit is experimenting with cryptocurrency, and though it's currently only a trial, it might turn out to be one of the most important developments in the space. 

The social news site launched a new feature called Community Points, which are earned by submitting quality content and can be spent on premium features such as badges and emoji (as well as being used for bragging rights). This, in itself, isn't new for Reddit, but these new Community Points are essentially cryptocurrency tokens built on the Ethereum network. 

Ethereum, which is both a cryptocurrency like Bitcoin and a platform for decentralized apps, has a standard called ERC-20 that allows for simple creation of new cryptocurrencies called tokens. These have all the basic properties of Ethereum itself — namely, they're near-impossible to counterfeit, and they are fully controlled by their owners. This means that, once the tokens have been created and transferred to a user, not even Reddit can take them back.  Read more...

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A single transaction today has created more Wrapped Bitcoin on the Ethereum network, than the total amount of BTC locked in the Lightning Network.

Most people try to make money through crypto by finding some coin that rallies by 100x. However, there is a much more stable...

Binance USD is a dollar backed stablecoin that is backed by Binance, one of the worlds largest cryptocurrency exchanges. Indeed, there has been...

The Matic Network (MATIC) is a project that’s been working on a solution to the scalability issues of the Ethereum blockchain. Their vision is to...

Like normal ordinary applications, dApps are a type of blockchain-based applications that can be applied over a variety of use cases, including freelancing...

Some of the features to look for when looking for a blockchain on which to develop a dApp include decentralization, high speed of...

In 2013, Vitalik Buterin proposed Ethereum: a decentralized application platform, it was officially launched in 2015 funded by crowdsale. Ethereum is a blockchain-based...