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US Congress Considers Blockchain-Based Voting

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US Congress Considers Blockchain-Based Voting
cointelegraph
 Published Few hours ago
US Congress Considers Blockchain-Based Voting 
A staff memo has revealed that the U.S. Congress is considering blockchain technology as a means for the Senate to conduct remote voting amid the coronavirus pandemic. The report states that blockchain may be deployed alongside end-to-end encrypted, or E2EE, applications to facilitate voting. Blockchain can provide a secure and transparent environment for transactions and a tamper-free electronic record of all the votes, It also reduces the risks of incorrect vote tallies, the memo states. Read Full on cointelegraph

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Popular TV Show "Billions" Mentioned Bitcoin
Bitcoinist.com
 Published Few hours ago
Popular TV Show "Billions" Mentioned Bitcoin 
On Sunday night, supersized finance drama Billions had its season five premiere on Showtime. The character that is a U.S. state attorney rants about how absurd he finds the concept of mining and the value of BTC: “So your multitude of computers and services solve some abstract math equations resulting in the mining of what, Bitcoin? Worth millions right now, backed by what?” Those he asked the question to, like many Bitcoiners, responded by noting how the U.S. dollar is also “not backed” by anything but the government. Read Full on Bitcoinist.com

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Majority of Bitcoiners Use Hardware Wallet and Have Backup Key
reddit
 Published Few hours ago
Majority of Bitcoiners Use Hardware Wallet and Have Backup Key 
A survey posted to Reddit shows that most crypto holders store the majority of their Bitcoin in hardware wallets and keep a backup of the private keys on a sheet of paper. Reddit user gunnaj posted the results of the survey as part of his PhD thesis to Reddit on April 30. The doctoral student asked 339 people five questions related to Bitcoin (BTC) security, focusing on how crypto holders handle their private keys. Roughly 88% of those surveyed said they kept backups of their keys, admitting their backup was on a scrap of paper. Read Full on reddit

bitcoinledgertrezor
Cardano Successfully Tests Shelley Network
BTCMANAGER
 Published Today
Cardano Successfully Tests Shelley Network 
Cardano recently shared the latest developments to take place in the rapidly budding ADA ecosystem. Most notably, the Cardano team stated that it had run its first successful tests of a completely decentralized Shelley network, with blocks issued by stake pool operators. This milestone is particularly significant for the ADA ecosystem as Cardano is steadily moving toward the highly-anticipated Shelley upgrade which is poised to bring a slew of performance improvement changes to the network. Read Full on BTCMANAGER

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Bitcoin Hashrate Hits New All-Time High
twitter
 Published Today
Bitcoin Hashrate Hits New All-Time High 
According to data provided by on-chain research firm Glassnode, Bitcoin’s hashrate, which measures the cumulative computational power within the network, has reached a new all-time high. It has surged above the 140 EH/s level, with a little more than ten days left until the much-hyped May halving. The most obvious reason for the skyrocketing hashrate is that miners are trying to hoard more coins ahead of the third Bitcoin (BTC) halving that is slated to happen on May 12. The event, will programmatically reduces the mining reward by 50 percent. Read Full on twitter

bitcoincryptoblockchain
IOTA-Powered Decentralized Social Media Platform
BTCMANAGER
 Published Today
IOTA-Powered Decentralized Social Media Platform 
An IOTA-based social network dubbed SOCIETY2, has been announced that gives back users control over their privacy and content ownership. The newly announced social network leverages IOTA’s distributed ledger technology (DLT) to give users an alternative to traditional social media and put control of personal data, social media content, and communication back into the hands of users. Users can choose to view ads as pe

r their preference for which they also get paid. Data shared on the platform is stored on IOTA’s cutting-edge Tangle network. Read Full on BTCMANAGER

iotablockchain
Wrapped Bitcoin added as DAI Collateral Asset
The Block
 Published Today
Wrapped Bitcoin added as DAI Collateral Asset 
Maker governance token holders have approved a proposal that adds Wrapped Bitcoin (WBTC), an Ethereum-based token backed 1-to-1 by bitcoins, as the lending protocol's latest collateral type. With the move, WBTC becomes the fourth collateral type on Maker (joining ETH, USDC and BAT) for the creation of the stablecoin DAI. The addition of WBTC means that Bitcoin holders can now turn their BTC into WBTC (bring Bitcoin to the Ethereum blockchain), and then use it to generate Dai. Read Full on The Block

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Block.one Wins Patent To Incentivize Feedback On Social Media Platforms
The Block
 Published Today
Block.one Wins Patent To Incentivize Feedback On Social Media Platforms 
Block.one, the publisher of the EOS blockchain protocol, has won a patent for a blockchain-based method for bidding on social media posts. Specifically, the system would first verify the authenticity of a post through a blockchain to make sure that the content is the original work of the author. Then, users wishing to be associated with the post could bid on it with tokens distributed by the social media platform. Tokens obtained through the bidding process will be distributed to the author, a previous highest bidder, and the administrator. Read Full on The Block

blockchaincrypto
Bitcoin Usage Nears All Time High
Trustnodes
 Published 1 Day ago
Bitcoin Usage Nears All Time High 
Demand for the bitcoin network is near the highest level it has ever been with 1.27 megabyte of transaction data now processed every ten minutes. The highest that has ever been processed is in February 2019 at 1.3 MB, with bitcoin currently having about 2MB of capacity per ten minutes. That’s double the current capacity of Ethereum. Bitcoin transactions are also not far off from all time high, currently at 340,000 a day compared to the 400,000 in December 2017. Read Full on Trustnodes

bitcoinbtccrypto
Ethereum projects have received nearly $25 million in grant money to date
The Block
 Published 1 Day ago
Ethereum projects have received nearly $25 million in grant money to date 
More than 150 Ethereum projects have received nearly $25 million in total grant money to date. The Ethereum Foundation is the biggest donor, awarding over $21 million of the total amount. The foundation is followed by the Ethereum Community Fund, Aragon Foundation, ConsenSys and Protocol Labs. The foundation has given out a total of 94 grants to date. The most funded category is Ethereum scaling initiatives, including as ETH 2.0 or ETH 1.x. Read Full on The Block

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