Monero was an instant hit back in 2014 because of its emphasis on adding anonymity to the existing blockchain networks. Launched in 2014, XMR has evolved a lot with increased concerns about agencies tracking the transactions made in digital currencies. This key advantage of XMR being obscuring of both sender and receiver of this coin, which is the unique proposition Monero added to the currently developed blockchain networks. While Bitcoin in circulation carries its serial number, allowing… Source link

Source: AdobeStock / Mahoa Creative   Ethereum (ETH)‘s price went up today along with most other cryptoassets after what has been a month of sluggish performance against bitcoin (BTC), and a prolonged period of falling interest in decentralized finance (DeFi) and non-fungible tokens (NFTs). As of Wednesday at 12:55 UTC, ETH traded at USD 2,750, up 6.9% for the past 24 hours and down 7.6% for the past 7 days. And although today’s… Source link

Blockchain Technology A quick technology review of Ethereum and their competition in the fast-paced cryptocurrency market By Jievani from Pexels What comes to your mind when you think of Ethereum? You might think revolutionary, game-changing, and the future of… Source link

As seen above, running a full node allows users to bypass third parties while interacting with Ethereum, but how could ordinary users spin up their own full node, especially as it will continue to become more memory and software intensive as Ethereum’s state grows? According to Ethereum developer Ben Edgington, you can fix this at the protocol level by making state storage somebody else’s problem. By introducing state providers, tasked with the core job of maintaining the history of… Source link

Top privacy coins like Monero and Zcash are surging in price today, with several of them posting overnight gains of 10 to 20%. The largest privacy coin Monero, which has a market capitalization of over $3.5 billion, shot up 18.8% in the last 24 hours and trades for around $195.43. Despite the rise, that’s still about 64% short of its former all-time high of $517, set back in May 2021, according to CoinMarketCap.  Zcash is up 17.6% today and trades for $131.87 at the time of writing. Like… Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

Got some Satoshi to send or Bitcoin (BTC) wallets to reorganize? It’s increasingly cheap to do so. According to an Arcane Research report, Bitcoin “transaction fees have stayed low since July 2021, showing no signs of rising.”  Bitcoin mean tx fees remaining very low despite small hike last week. Source: Arcane Research There was, however, a small bump in transaction fees last week. Shown as a small jump at the tail end of the graph, clustering of the mempool pushed “up the average… Source link

The crypto market has come roaring back as Bitcoin and Ethereum both posted healthy overnight gains.  Bitcoin, the largest cryptocurrency by market cap, breached $42,000 Wednesday morning. At time of going to press, Bitcoin’s price is hovering around $42,000, up over 8% on the day, per CoinMarketCap. The second-largest cryptocurrency Ethereum enjoyed similar bullish momentum, hitting $2,800 and marking a rise of 7.7% over the past 24 hours.  The bullish news comes amid an uncertain macro… Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link