Month: July 2018

Presidential Decree Sets the Stage for Legalizing Cryptocurrencies in Uzbekistan

The executive power in Uzbekistan has advanced towards legalizing cryptocurrencies and implementing blockchain technology in both government and economy. A new decree signed by President Mirziyoyev mandates licensing for trading and other activities related to the circulation of digital coins. The document also calls for regulating crypto mining and smart contracts. Also read: No License …

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Decentral Launches Its New Cryptocurrency Wallet Jaxx Liberty in Beta

One of the main parts in the vision many Bitcoin supporters have is that the cryptocurrency will become the de facto single currency of the future. But for now its success has brought an explosion of altcoins and ICO tokens. Hoping to tap into the challenge to handle all this crypto cacophony, Decentral developed Jaxx Liberty. …

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What is Delegated Proof of Stake? | Exploring the Consensus Algorithm

Delegated Proof of Stake (DPoS) is a variation of the Proof of Stake (POS) consensus algorithm that introduces a voting element into the cryptocurrency’s network. DPOS is a bit reminiscent of a reality tv show. Mess with the community and you are most likely to get voted off.  It’s democracy on the blockchain! By now, …

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Segregated Witness Removes One of Bitcoin’s Data Integrity Checks

The following opinion piece on Segregated Witness was written by Jonald Fyookball In 2017, Dr. Peter Rizun noted that Segregated Witness (Segwit) changes the very definition of a Bitcoin as per the whitepaper: “We define an electronic coin as a chain of digital signatures.” In this article, I would like to expand on that topic …

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