Latest News on Blockchain Technology & Nodes | Nodes.com

Blocknet Update: 3.14.0 Wallet and 1.4.0 Block DX Launched

Blocknet wallet version 3.14.0 and the new 1.4.0 version of Block DX are now launched. They bring many improvements and new features. Continue reading for more details on the changes. Core Wallet 3.14.0 Update One of the main updates is the changes that will be coming to the Blocknet wallet with its new version. As we have covered the initial patch notes before, we will just give a rough overview of what to expect. The most notable improvement coming with the wallet is the change of the staking protocol. The new Proof of Stake protocol will be added to the 3.14.0 patch and it will require for the network to go through a hard fork. This makes the update mandatory...

11.09.2019

China Will Launch First Government-backed Cryptocurrency

People’s Bank of China central bank announces that they will be releasing a new digital currency that is backed by renminbi fiat in a ratio of 1 to 1. It will follow a two-tiered structure system with the central bank, commercial banks and the market participants. Continue reading for more information. The Layers and How They Work As mentioned earlier, the new cryptocurrency operating structure will be divided into two layers. The first layer will be featuring a direct interaction between the People’s Bank of China and the commercial banks. The Chinese Central Bank Digital Currency (CBDC) will be issued by the PBoC (People’s Bank of China) and then redeemed via commercial banks. The first institutions that are expected to...

04.09.2019

Initial Facebook Libra Project Backers in Doubt Over the Future of The Project

According to reports from “The Financial Times”, at least three out of the initial 27 companies that are backing Facebook’s new cryptocurrency project Libra, are considering backing out of it. This is due to the growing regulatory pressure, making the act of supporting libra a public liability according to one of the members. What are the Factors? Maybe the best-known reason for backers to be reconsidering their decision to support Libra is the fact that the cryptocurrency is created by a social media giant and it will be a centralized asset. Not only that but also the very harsh regulatory issues that the project is facing could put it on hold. The three companies that are reconsidering supporting Libra also...

28.08.2019

ICON: 3 Million ICX Token Giveaway at Node Holder Elections

ICON have announced that during the Node Holder elections, 3 million ICX tokens at a value of roughly $600,000 will be given away in order to promote voting and decentralization. The giveaway will be held between 26th August 2019 until 24th September 2019 and will affect token holders that participate in the Public Representative voting. The ICON Elections These elections will in the end determine which parties will be node holders, also known as P-Reps (Public Representatives) in the network. Both the pre-voting period and the token giveaway are a key factor of the project for the further improvement of decentralization under the name ICONSENSUS. The 3 million tokens will be rewarded to those ICX holders that participate in the...

21.08.2019

IOTA Announces $5 Million For Coordicide Research

One of the last announcements of IOTA was that $5 million in grants will be used for research on Coordicide, which is a system that’s aim is the distributed ledger technology (DLT) that is permissionless and scalable. The Goal Behind the Coordicide Research According to the IOTA team, the goal behind this research is to achieve a better understanding of how it works and how it can be implemented in the IOTA ecosystem. This merge will remove the IOTA network’s centralized coordinating node. Currently, this centralized node is owned by the IOTA Foundation and in theory they could harm the network in case they decide to prioritize or freeze transactions or funds. This node can also be considered a singular...

14.08.2019

US SEC Showing Interest in BTC/ETH/XRP Nodes

The United States Securities and Exchange Commission (US SEC) are looking for contractors that are willing to run Bitcoin, Ethereum and XRP nodes on their behalf. The SEC have stated that these nodes will help them monitor the risks and improve compliance even though there are free block explorers and other analytic tools available online. The SEC: Dipping its Toes in Blockchain Nodes The Securities Exchange Commission are famous for their attempts at regulating the crypto market and their tries at policing the whole blockchain sphere earned distrust from the community as a whole. According to Trustnodes, the SEC are making plans for running their own Bitcoin and Ethereum nodes and additionally to have as many more possible active on...

07.08.2019

Indmon- New Lightning Node Monitoring Tool Alpha Announced

A new node monitoring tool for the Lightning Network that provides fast transactions to Bitcoin and other networks was announced. According to the software dev working at Lightning Labs, Valentine Wallace, an open source “drop-in, dockerized monitoring solution” was released for alpha testing. This solution is called Indmon. What Will Indmon Bring? The main goal of this lightning node monitoring tool is to provide a way to manage the nodes and prevent network issues before they arise. According to the developers, there were issues with the peer-to-peer network that could’ve been prevented with a tool like this. Another use for this monitoring tool is for users to keep track of multiple channels if they get closed in rapid succession or...

31.07.2019

Chainlink Node Launch Announced by Certus One Inc.

Certus One Inc. announces the launch of the Chainlink Node, which will be serving as both an oracle and an off-chain data processor. This will bring Certus one step closer to their end goal to have the most reliable and trusted blockchain tech supported infrastructure. The Role of Chainlink Nodes The Chainlink node is Certus One Inc.’s way of adhering to the rising necessity of providers of institutional-grade data. In order for this to be achieved it is necessary for information to be coming from a third-party entity, also known as oracles, which is one of the positions that the new chainlink node will take. With the help of the new nodes, which bring accurate and dependable connectivity to crypto...

24.07.2019

Bitstamp Launches Its Own Bitcoin Lightning Node

The Europe-based exchange Bitstamp recently tweeted that it had established its own Bitcoin lightning node to facilitate transactions by enabling its users to benefit from zero-fee transactions and transferring small value transactions off the main chain. What Are Lightning Nodes? While it’s great news that one of the major crypto exchanges in the world has decided to support Bitcoin lightning nodes, some of you may be wondering what a lightning node is exactly. Put shortly, it’s a node that creates a second blockchain layer below that of BTC and enables validation of transactions between users themselves. Once the channel established between two parties is closed, all transactions made are bundled up and sent into the main blockchain for validation and...

17.07.2019

Sats – The Mobile Lightning Node App for Bitcoin by Casa

Earlier on the 3rd July, Casa launched their new mobile app that will make managing of your lightning nodes easier and on the go. The new Sats App will operate like a noncustodial wallet and will in the future have a rewards program with the idea to help fresh crypto enthusiasts from earning their first BTC up to managing their lightning node with just a mobile app. How Does Sats App Work The new app by Casa is making managing your lightning node even easier while still being lightweight software. It is a private and secure app that can connect over Tor. The idea behind the creation of the app was to attract more newbies into running and managing their...

10.07.2019