Tag: network

Bitcoin Network Sets New Daily Transaction Record

The year 2017 can become quite a good one for Bitcoin, although it is still a bit early to tell. One milestone has already been reached, as a new record has been set on January 6th. On that day, the Bitcoin network processed a record-high number of transactions, which indicates Bitcoin is coming to maturity. Although this number pales in comparison to traditional financial systems, things are looking positive. A …
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A Consensus Issue Between The Geth and Parity Ethereum Clients Caused an Unintentional Fork of the Network

An issue in the Geth implementation of the Ethereum protocol, maintained by the foundation of the same name, caused an unintentional fork in the network. Nick Johnson, an ETH developer, confirmed the problem on reddit and said that the foundation has identified the root cause.  Ethereum developers can’t catch a break. After successfully performing its #4 hard fork, Ethereum was set to clear the path of roadblocks such as the ongoing DDoS …
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The Next Ethereum Hard Fork Date Will be Announced on Monday

The upcoming Ethereum hard fork date will be announced on Monday after the group of core developers reached an agreement on the proposed specifications. This hard fork will be the second after the network experienced a series of DDoS (spam) attacks. Several developers and foundation members argued that the quickest, most effective way to address the issue was to fork the network, introducing changes in the cost schedule of several instructions …
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Ripple Has Secured Nearly US$100m In Funding To Date

Ripple is once again making headlines due to a new round of funding. Various investors pumped another US$55m into the project. Moreover, five new banks have joined its distributed ledger network. Exciting things are on the horizon for Ripple, as some big names have come on board this week. The Good News Keeps Piling On For Ripple Ripple has garnered a lot of funding throughout the years. Many financial institutions …
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