AlphaBay is one of the largest dark-net marketplace in the world. In March 2017 it announced [https://etherworld.co/topic/14/ethereum-in-alphabay-soon] that they are working on Ether payment functionality in AlphaBay Marketplace and will start accepting Ethereum [http://etherworld.co/topic/17/ethereum-ecosystem-part-1] as one of its payment methods
SEC approved review of Bitcoin ETF The Securities and Exchange Commission (SEC) has rejected an application to create an Exchange-Traded Fund [http://etherworld.co/topic/8/ethereum-reaches-all-time-high-price-is-it-bitcoin-s-etf-rejection-or-enterprise-ethereum-alliance] (ETF) tied to the price of Bitcoin proposed by Cameron and Tyler Winklevoss on Friday, March 10, 2017. A couple of weeks later,
The Minimal Slashing Condition is a set of rules to work with many hashes and some number of nodes to finalize a block. It is carefully designed that if two incompatible blocks are finalized, then no matter how such a situation arises, there MUST exist some set of validators, with
Proof of Work Existing Blockchain technology [https://etherworld.co/topic/15/blockchain-beginner-s-guide-part-1] is working on the core concept of 'Proof Of Work' (POW). A proof-of-work (PoW) is a protocol that is difficult to compute but easy to verify. It can be verified in far less time than it
Digital currency is seeking attention of government of various countries. With blockchain [https://etherworld.co/topic/15/blockchain-beginner-s-guide-part-1] as the core technology underneath, virtual currency is growing fast across the globe. Central bank of few countries has already agreed to study the technology and its legal structure governing the value
Overview Casper is the idea of Proof of Stake (POS) in Ethereum. It is being designed by Vlad Zamfir, Vitalik B. and other community members. Vlad came in touch with Ethereum community in September 2014. Ethereum foundation team had wanted to have Proof of Stake (POS) even before the Ethereum
'Living Room of Satoshi [https://www.livingroomofsatoshi.com]' is a payments company based out of Australia that enables payment of any bill using cryptocurrency (Bitcoin mostly). Their customers can pay phone bills, electricity bills, school fees, credit cards, tax payments and more. They can also pay to any
Octagon Strategy, a Hong Kong based commodities and digital assets trading house announced on March 30, 2017 that it has formally commenced trading Ethereum digital assets on its OTC trading desk. For the first time, Ethereum will be easily and simply available in Hong Kong for trading over the counter
Project Amply [http://amply.tech] is one of the best use cases of Ethereum ( blockchain technology [http://etherworld.co/topic/15/blockchain-beginner-s-guide-part-1]). Govt. of South Africa has been working through various policy, documents and laws to support early childhood program. In the year 2005, UNICEF came up with a program
In a recent press release, Deloitte [https://www2.deloitte.com/cn/en/pages/about-deloitte/articles/pr-deloitte-hkma-dlt-proof-of-concept-for-trade-finance.html] announced developing a Distributed Ledger Technology (blockchain [http://etherworld.co/topic/15/blockchain-beginner-s-guide-part-1]) proof of concept (PoC) for Trade Finance in association with the Hong Kong Monetary Authority (HKMA) and the leading trade
Bitcoin has a unique mining block reward strategy. Each time a miner successfully solves Bitcoin’s proof of work algorithm, he is rewarded a set amount of bitcoins agreed upon by the network. The bitcoins included in the block reward are all new bitcoins. This is the only way that
Republic of Singapore, an island city-state off southern Malaysia, is a global financial center with a tropical climate and multicultural population. According to WEF (World Economic Forum), it is the most “technology ready” nation. Singapore has third largest financial centre and foreign exchange market and has also been identified as
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