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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 […]
When someone in his early twenties is called a millionaire, people often call him a rich heir. But that was not the case with Jeremy Gardner, a 25-year old entrepreneur from San Francisco. Today, he is one of the cryptocurrency millionaires who made their money by taking a chance investing in Bitcoin. How did he do it? In an interview with […]
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 […]
If you’ve been hearing or reading a lot about blockchain but you still aren’t entirely certain how to define it, you’re not alone. It’s something that Jack Dorsey, the chief executive officer and chairman of Square (and CEO of Twitter), describes as the “next big unlock,” something that, he notes, is normally applied to accounting […]
According to a recent study published by analyst firm Juniper Research, 6 out of 10 large corporations (57%) are either actively considering using blockchain technology, or are already in the process of deploying it. The study defines a large corporation as one with over 20,000 employees. Juniper Research surveyed almost 400 IT professionals, company founders, executives, […]