Category: Blockchain

Oyster Testnet Launch

It was announced today that the Oyster Protocol testnet will be launched no later than January 31st. This puts them on schedule to meet the expectations set forth in their roadmap. Once the test net is launched, users will be able to upload and download files to the IOTA Tangle. Oyster Testnet A release date announced. $PRL #IOTA pic.twitter.com/ztW71Wjbfj — Oyster Protocol (@OysterProtocol) January 24, 2018 Symbol: PRL Current Price: $1.21 Circulating Supply: 62,366,927 PRL Exchanges: EtherDelta, U-Coinex, Kucoin, CoinExchange, Cryptopia What Is The Oyster Protocol? According to the white paper: The Oyster Protocol enables websites to silently generate...

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Blockchain for Property

Within the legal industry, blockchain is being evaluated as a mechanism for minimizing disputes regarding property rights. Property rights are a division of law that establish the responsibilities which come with owning an asset. Property ownership rights include the right to use or profit from an asset. They also include the right to profit from an asset, transfer the asset to someone else, and control who can use the asset. Tax liability for the asset, maintenance and repair costs, or payment for injuries caused by unsafe or defective conditions of the asset can also be applied. Ownership for a...

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Blockchain For Business

Within the last few months, the cryptocurrency space has seen tremendous growth. Every day an article can be found touting the analysis from another enterprise or economic mogul weighing in on the debate; is this a bubble? Many liken the phenomenon to tulip mania, the first recorded speculative bubble. A couple years ago, everyone dismissed my enthusiasm for cryptocurrency and blockchain technology, writing me off as a weirdo nerd, but recently it seems as if I’ve been regarded as some sort of savant. I think it’s safe for me to assume that 90% or more of the people I’ve encountered...

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Blockchain For Networking

Blockchain, also referred to as distributed ledger, is the concept behind the success of Bitcoin and provides a dynamic digital register of transactions. Think of it as a database that’s distributed throughout a network. Information is continually shared and reconciled throughout multiple nodes and each one has an identical copy of the database. Transactions within this database are audited and agreed upon by consensus. This decentralized method of keeping track of changes ensures the ledger can’t be practically controlled by any one entity, eliminates the possibility of single-points of failure, and allows for the verification of transactions without the need for...

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An Interview With Ripple’s Jed McCaleb

Jed McCaleb is the co-founder and CTO of OpenCoin Inc. and the original developer of Ripple. Previously, Jed created eDonkey in 2000 (one of the largest p2p file sharing network at the time) and Mt. Gox in 2010 (the largest Bitcoin exchange). Jed dropped out of UC Berkeley in his freshman year to start building things. Why does the world need Ripple? The internet has changed many things, but finance and payments have never really changed. What we have now is just a hack to what existed in the ’60s—checks, banking, stuff like that. It’s overdue. So you see...

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