Cointelegraph is reporting that Venezuela’s government might have performed a hardfork on its cryptocurrency the Petro, in order to make it more attractive to Venezuelans who massively depend on rival cryptocurrency Bitcoin. Source: https://cointelegraph.com/news/venezuela-appears-to-have-hard-forked-the-petro A hardfork is a blockchain programming process that often creates a new cryptocurrency. For instance, the Bitcoin Cash is the result…… Continue reading Cryptocurrencies: Did Venezuela Just Hardfork Petro To Challenge Bitcoin Dominance?
Tag: cryptocurrencies
STEEM Community Old Guard To Begin Great Trek From Steemit.com To Hive.io
The old guard of the STEEM community opposed to the new order of Justin Sun of Tron are preparing for a Great Trek away from Steemit to Hive.io, their new home. Community sources confirm there will be a hard fork away from Steemit on Friday. Hive.io comes with its own blockchain, the Hive. Snapshots of…… Continue reading STEEM Community Old Guard To Begin Great Trek From Steemit.com To Hive.io
Steemit’s Old Guard Recpature Concensus Network As Tron’s Sun Losses Exchange Support
Yesterday, we brought you news that forces aligned with Tron Network’s Justin Sun in a surprise move, took over the Consensus Network of the Steem blockchain, dislodging the top 20 witnesses that lead the online crypto community. Well, since then there has been a reverse, as 2 of the 3 big exchanges that enabled Sun…… Continue reading Steemit’s Old Guard Recpature Concensus Network As Tron’s Sun Losses Exchange Support
Despite Opposition From Governments, Facebook Goes Ahead With Libra Cryptocurrency
Despite massive opposition from Western Governments like France and the US Congress, Facebook has announced plans to go ahead with a new version of its planned cryptocurrency the Libra, reports the BBC.
Will Libra Make Bitcoin A Small Part Of An Expanding Pie?
Bitcoin has quietly jumped to $10,000 (so far) since the Libra announcement. But will that be enough to ensure its continued market dominance, or will become a small part of an expanding pie? Find out more here.