Latest News on Blockchain Technology & Nodes | Nodes.com

Lightning Network Reached a New Milestone Surpassing 4000 Nodes

How does it sound to you more than 4000 nodes and $1.2 million capacity of Bitcoin? Familiar maybe a bit overacting? Not at all. This is Lightning Network’s latest record as one of the most fast and stable growing networks in the crypto sphere. Enhancing BTC’s scalability Capacity (BTC): 223.63 BTCs Capacity (USD): more than $1.2 million Nodes: 4000+ Average node age: 138 days Payment channels: 12 500+ Capacity per channel: $663 / 0.114 BTCs Established in less than one year, the Lightning network achieves an enormous success on the crypto market. AS you might see from the statistics it’s welcoming new nodes during the last six months all the time, that the average node age has significantly decreased. Built for...

20.11.2018

Blockstream’s Liquid Bitcoin Sidechain: All You Need to Know

As a company orientated in developing Bitcoin’s technology, Blockstream launched a Liquid network in October 2018. Last week, we became witnesses to the very first Liquid Bitcoin sidechain available on the market. The code and the duplicated full nodes are now available for all the users. This release includes trading and managing liquid assets and also a wallet for the sidechain’s utility L-BTC token. What is Liquid ? This is a sidechain of the original Bitcoin network with innovative nature. It performs faster transactions between both single users and companies. What is more here is the ability to operate with privacy functions and hide your transactions. There’s no condition to perform always anonymous but if you want to, you can....

14.11.2018

NEO presenting consensus nodes

Nowadays, consensus nodes have become a popular part of the crypto thematic. Today, we would like to introduce on your attention the NEO blockchain and its two tokens. My aim will be to present you how to become a consensus node and everything you need to know to do so. NEO tokens – NEO & GAS The fifteenth largest crypto project worldwide offers two different tokens. The first one NEO possess around 100 million tokens and half of them are distinguished between the users. The other half part is handled by the NEO Council for long-term supporting of the ecosystem. This second half of 59 million token won’t enter the exchanges. 10 million will motivate developers and go to the...

07.11.2018

Blockchain Technology in the Automotive Industry

You’re a passionate automotive enthusiast? Meanwhile desperately addicted to blockchain solutions? It’s all about you now. A Memorandum of understanding has been signed during the very fist Cybersecurity forum in Munich. Blockchain and cars The so-called blockchain finds a large field to demonstrate its multiple usage nature. Implemented in most of the modern sectors, this technology finally finds its road to the automobile industry. We’re speaking of information, stored in a decentralized manner in a database. This is more or less a network, where validity doesn’t rely on trust, but constant verifications from all the participants. All this provides an additional security layer, which helps to avoid any manipulations. For the purpose of achieving glorious and legendary functionality, two companies...

31.10.2018

Dutch telecom KPN Joins NEO MainNet as a Consensus Node Operator

Furthering decentralization, NEO added the KPN telecom company as a consensus node operator on the NEO MainNet. Why? NEO Foundation decided to delegate consensus nodes to different partners. Who? KPN is a company with Dutch origin, which offers phone services and Internet to more than 30 million users in Western Europe. How? Officially voting on nodes to join the NEO MainNet, powered by the NEO Foundation. NEO Smart Economy If we’re observing NEO’s timeline, we would start with noting the launching of the TestNet in 2015. Since this moment, a voting algorithm has been modified and optimized to adapt in the network. This year a website was released in order to accept candidatures for consensus nodes. Finally, nodes took three...

24.10.2018

The New Cryptocurrency Coda Will Allow You to Run Full Nodes in Your Browser

A new era developing the area of decentralization and scalability is starting on. Future crypto projects can all redirect their efforts in the conception created by the Coda Protocol. It all comes to compressing the blockchain to a size giving the users the opportunity to run a node in their web browser. Welcome Coda What this project aims for, is a constant-sized blockchain, which is happening by simply compressing the ledger into snapshots as big as a few tweets. This will offer the possibility to perform thousands of transactions per second, keeping it all decentralized. Do you know what this means? Any device will be able to check the balance, no matter of their small bandwidth. You’ll be able to...

17.10.2018

You Can Now Run BItcoin Full Nodes on Android with ABCore

The long-waited Android Bitcoin Core launched an Alpha Proof of Concept v0.68 last week. Expanding the Bitcoin full nodes to smart devices users is the project’s main purpose. This means every individual will be able to run a BTC full node on their Android, including mobile smart-phones, smart TVs, etc. The idea behind it all Using your cell phone’s comfort is the top priority behind Lawrence Nahum’s conception. His aim is to implement a completely secure network of nodes, validating transactions and blocks, applicable for all kind of blockchains – in this particular case the Bitcoin’s one. Complete nodes interact with others of the same origin to increase the security level. Both code and alpha versions are available in Github...

10.10.2018

Enigma Secret Nodes: What They Are and Their Role in the Network

Familiar with the Enigma project? Are you aware of its recently implemented feature, called Secret nodes? In fact, it’s an amazing improvement, we would love to share in a few words. Let’s first give you a background of the Enigma project to proceed with the topic’s core. The world of Enigma Facing the blockchain’s characteristics such as scalability and privacy, Enigma project aims to fulfil the picture, supporting the decentralization ideology. Enigma’s protocol is the very first enabling processes with sensitive data. Some time ago, the project presented the Secret Contacts, which are kind of smart contracts, using inputs, which are encrypted. This leads to avoid revealing any data to the participants in the computation process. In a word, this...

03.10.2018

Bitcoin repairs the DDoS attack vulnerability

Ever since Bitcoin was created in 2008, it is known as the most secure and hard to hack blockchain. Anyway, each brilliant idea has its cons and here is comes to the Bitcoin Core wallet. This article is going to lead you through the process’ timeline – from the discovery of the particular vulnerability in March last year to the final solution of Bitcoin’s developers, which came up this week. Stay tuned – keep reading. DDoS vulnerability on board Let’s start with the basic. DDoS (Distributed Denial-of-Service) attack brings down the blockchain by simply overflowing nodes with traffic. As a matter of fact, miners are duplicating transactions, which over-use the network’s bandwidth. Therefore, it crashes when trying to validate all...

27.09.2018

AURA staking nodes to support IDEX

IDEX network First, let’s start with a basic explanation of what IDEX represents. This is a decentralized exchange for those willing to trade Ethereum assets. The news here is that AURA staking nodes are going to back it up. What does this mean? Node operators are going to gain staking rewards for their contribution in the securing process of the Aurora network. The reward’s origin is relied on fees, collected from the AURA network, which are about to be proportional to the staking percentage of nodes. AURA token Pretty similar to other tokens, AURA is gaining its value from the market, but unlike them – it’s used extensively. This led to exceeding the market cap of the token on a...

21.09.2018