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Why MIT Implemented Bitcoin Blockchain to Distribute Diplomas Instead of Permissioned Ledgers

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Massachusetts Institute of Technology (MIT) has started to issue diplomas through its Blockcerts platform, a Bitcoin Blockchain-based application which provides a tamper-resistant and immutable ledger for the distribution of academic credentials. Blockcerts, which was first introduced in 2016, was developed by Learning Machine in collaboration with the MIT Registrar’s Office, with the vision of creating an open […]

ERC20 Token Standard Officially Formalized by Ethereum Developers

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Most Ethereum and cryptocurrency enthusiasts have become familiar with ERC20 tokens. This token standard is used to create new forms of currency on the Ethereum blockchain. Now that Ethereum Improvement Proposal 20 has been formally adopted, the ERC20 token standard is officially instituted. This is a major development for the ecosystem as a whole, as the proposal […]

Bitcoin Cash just exploded in Value

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Bitcoin Cash is the latest major cryptocurrency to surge in value, with prices more than doubling over the past two days. Following Bitcoin’s split on August 1, the alternative Bitcoin Cash traded consistently at around $US300. Demand then spiked and a short time ago, prices had shot up to more than $US700: The price surge means […]