Latest News on Blockchain Technology & Nodes | Nodes.com

The New Raspberry Pi: The $35 Bitcoin Full Node

On the 24th of June, The Raspberry Pi Foundation released a new model of their famous single-board computer, the Raspberry Pi, which costs just $35 and is able to run a full node on the Bitcoin network at a very low price. This makes the de-centralization of the BTC network all the easier to maintain and even increase. The New Model The new Raspberry Pi is meant to improve the process and costs of running a full node while being more efficient for all network participants. This new model, referred to as the 4th version, is a significant upgrade when compared to the previous one. The 4th gen Pi at its most expensive with up to 4GB of RAM, would...

03.07.2019

Facebook’s Cryptocurrencies: The Investment Token and Libra

After their announcement of the plan to create a global blockchain cryptocurrency network that is backed by real fiat assets, Facebook revealed their new plan which includes a new Investment Token. It will exist on the blockchain along with the Libra currency and it will be available only to “much more exclusive” members. Facebook Investment Token As previously revealed, there will be 28 major companies that will be supporting Facebook with this project which will run their own validating nodes. Each founder company has invested at least $10 million and will receive an investment token as a financial reward and a single vote to use for future updates and changes. The reward will be meaningful only in the network really...

26.06.2019

Facebook’s Libra Nodes To Cost Over $10 Million

After a long wait, Facebook has finally released the whitepaper for its Libra project shedding some light on their block production and validation of transactions. Facebook has persuaded some of the largest companies, including PayPal and Uber, to back its new cryptocurrency project. The Scale of Facebook’s cryptocurrency With the release of the white paper of the Libra project, Facebook has been actively targeting high profile companies and brands to support it in its new cryptocurrency project. It has successfully acquired the trust and backing of large names like Visa, Mastercard, Paypal, Uber, Stripe, Booking.com and even Mercado Libre in order to join the consortium to govern and fund the creation of this new Facebook cryptocurrency. This stablecoin, also known...

19.06.2019

Samourai-Nodl Hardware Wallet Partnership

In a recent CoinDesk exclusive, Nodl co-founder Michel Luczak announced a partnership with Samourai, aiming to bring increased privacy and security to users who operate with Samourai’s mobile wallet. This new hardware device will serve as a sync feed for the mobile wallet, thus eliminating the need to store data on Samourai’s servers. Hardware Wallet With Bitcoin Lightning Node and Coin Mixing One of the main critiques towards Samourai and its mobile wallet application is the fact that data is stored remotely, on the project’s private servers. As such, its centralized nature leaves it vulnerable to attacks and poses the question of whether people’s data is secured and accessible only by each individual that stores it. To levy these concerns,...

12.06.2019

Crypto Startup BluZelle Leads the War on Gamer Latency

The focus of today’s news is the introduction of a new blockchain protocol Bluzelle. The startup aims to provide a solution to gamers’ latency and commit the industry to decentralized, P2P caching servers, a new piece of technology that could prove beneficial not only for the competitive gaming industry but other service providers around the globe. What is Data Caching? The most common application of data caching is used in game servers. Take for example two people playing together but they’re located in the USA and Europe. To reduce the latency and allow for a smooth experience, the company behind the game establishes servers in locations close to the respective gamers. This allows for a better connection and an overall...

05.06.2019

HTC Exodus 1s – Bitcoin Full Node Phone for the Masses

The Magic Crypto Conference recently took place in New York and during the event, HTC took the stage to announce the budget successor HTC Exodus 1s to their original cryptocurrency smartphone – the HTC Exodus. This new model will be able to run a Bitcoin full node for maximum independence of users. The expected release date is some time in Q3 of 2019 with prices starting from $250. Crypto Phones – How Did We Get Here? HTC was the first smartphone producer to introduce Android to the masses with the launch of their HTC Dream device back in 2008. That “dream” is what launched the full pledged Android Ecosystem that we have today, thus it’s safe to say that HTC...

29.05.2019

Stellar Nodes Down – Not So Decentralized After All?

On 15th May 2019 the Stellar blockchain suffered a major failure when developers took down Stellar Development Foundation (SDF) nodes. For a period of over 2 hours, the network was unable to validate any transactions as most users have put their trust in those same nodes. One could argue that XLM is having issues decentralization and the community is pushing for a debate on how this issue will be combatted. What Caused the Stellar Network Outage? Let’s take a step back and explain what nodes are in the first place. In the Stellar network, you have basic validator nodes or your average user and full validator nodes – the ones that actually approve transactions and maintain consensus. Full validator nodes...

22.05.2019

Qtum Launches Development Tools Suite on Google Cloud

Following a recent official announcement by the development team over at Qtum, you can now access their full suite of blockchain development tools on Google Cloud. Contrary to the previous hassle of sourcing all the software, searching for the most up-to-date version and updating manually, you can now avoid all that and get everything in one place with automated updates. Qtum Developer Toolkit – What Does It Do? The Qtum toolkit contains all the resources you’ll need to either launch your own node, develop dApps on the QTUM blockchain or even start staking. Depending on your needs, you can find the following software included: Qtum Core Solidity Compiler Qmix IDE Solar (smart contracts deployment tool) Qt-dev libraries dApp development libraries...

15.05.2019

Bitcoin Nodes Total 100,000 and Potential Vulnerabilities

Over the years, there’s been much speculation about the number of actual Bitcoin nodes on the network. Many have mistakenly thought that it’s around the 10,000 mark but a recent statement by Luke Dash Jr, one of the longest time developer of Bitcoin Core, gave us detailed insight and showed us that the actual number is closer to 100,000. Why Such Discrepancies in the Number of Nodes? According to Luke Jr, as he’s widely known in the Bitcoin development community, most major platforms be that information providers or exchanges, use an algorithm that scans the network for listening nodes. These nodes are easily traceable and in general, are not of no value statistically speaking. They do not represent the actual...

08.05.2019

Binance Chain Allegedly Doesn’t Provide Their Source Code to Users

The Binance chain fell under severe scrutiny on the 24th of April, just a day after its supposed launch. Udi Wertheimer, an independent developer and Bitcoin enthusiast, tweeted out a few times criticizing Binance Chain after calling out Binance developers for not providing the source code of their alleged “open source” project. What Exactly Is the Problem with Binance Chain There is always speculation and criticism when it comes to cryptocurrency projects and mostly, those accusations towards a certain project turn out to be mostly FUDs (Fear, Uncertainty and Doubt). In the case of Binance Chain, Udi Wertheimer seems to have a solid point to bring out to the community. He states that Binance have not updated the binaries or...

01.05.2019