August 2, 2021 by Walt
Since the launch of the Bitcoin network, the blockchain community encountered a so-called trilemma. Namely, developers could not build a blockchain which would simultaneously be secure, scalable, and decentralized. Maxing out two of the aspects was possible but the third component was difficult to squeeze in into one package. For example, the Ethereum network despite utilizing a novel approach to blockchain failed to deliver on the scalability facet. As a result, Ethereum transactions still take too much time, especially in the era when speed is vital.
Harmony is a project which aims at becoming a…
July 26, 2021 by NOWPayments.io
Cryptocurrency is innovative, inspiring, intriguing, intricate, immensely imaginative, ideaistic even and idealistic, impactful.
Crypto is still in its early stage, it’s a bit eccentric, very economic, educational, effective, efficient, elaborate, enthralling even.
But is it eco-friendly? Environmentally-conscious? Energy-efficient?
Yes, it is.
Here is a list of 6 eco-friendly cryptocurrencies for 2021. Most sustainable crypto for 2021 and their short descriptions can be found below with links to bigger descriptions.This is not just any list — as the articles you will find were written in a collaboration with the coin foundations and were shared together with…
July 15, 2021 by Walt
The crypto industry is advancing rapidly and every year new technologies emerge which seek to solve and improve various aspects of the current finance system. Nevertheless, everyone would agree that the supply substantially outgrows the demand. In other words, while there are numerous blockchains, people, in general, seem reluctant to use them. As a result, certain projects begin to offer products that can facilitate the process of mass adoption of cryptocurrencies and establish a bridge between the legacy and crypto finance.
Swipe is one of such platforms since it features cryptocurrency exchange cards and enables…
July 14, 2021 by Walt
As the crypto industry gets more diverse and more projects appear proposing their unique solutions, it becomes harder for them to impress investors. Today, people who are trading cryptocurrencies are presented with so many possible options for investment that new blockchains have a hard time competing against one another for users.
Yet, networks that truly deliver utility and transform the finance industry for the better always remain in demand. One of them is Harmony. This platform provides unlimited scalability and impressive speeds thanks to its innovative approach to sharding. …
July 13, 2021 by NOWPayments.io
Everyone who faces the need to make a cross-border transaction knows that it is not always as fast and low-fee as you want it to be. Thankfully, there is Ripple — a digital network that provides a better international payments experience for their customers in real-time.
The idea of Ripple payment system, initially conceived as global fee-free, appeared way before Bitcoin. The first version of RipplePay P2P-network was launched in 2004. In 2012, Ripple Transaction Protocol appeared that let customers instantly exchange fiat money and cryptocurrencies. In 2014, Ripple Labs was founded, concentrating on working…
July 12, 2021 by Walt
We are now used to seeing dozens of blockchain projects being created every year. Yet, the majority of them are commercial since they propose their unique solutions for different spheres and industries and wish to make profits. At the same time, there are instances of blockchain-based initiatives which are purely non-profit.
Elongate is one of the best examples of such projects. Initially created as a joke, Elongate has managed to become a sensation in the crypto world as the leading blockchain charity. …
May 31, 2021 by Walt
Blockchain and distributed ledger technologies (DLTs) have given rise to fast and secure transactions which do not require any involvement of centralized third-party intermediaries, such as banks or brokers. Today, cryptocurrencies constitute perfect means of value exchange and are sought after by investors. Yet, there is a catch — blockchains demand large resources to operate properly. For instance, proof-of-work consensus mechanisms used by Bitcoin and Ethereum utilize terawatts of electricity which translates into a gigantic carbon footprint. …
May 17, 2021 by Walt
The trend for sustainable development and green technology has been particularly popular for the past decade and by now has encompassed perhaps all possible spheres, including the crypto industry. Algorand is definitely on the list of the most environment-friendly cryptocurrencies, thanks to its core technology and commitment to becoming a carbon-negative network, as it has low carbon footprint.
May 13, 2021 by NOWPayments.io
Cardano is a great payment method. Its stated aim is “to bring about positive global change”, and that is what Mass Adoption is all about!
Launched in 2015 by a Hong Kong company named IOHK, it’s an open-source, decentralized project that uses proof-of-stake transaction validation. Compared to Bitcoin’s 7 transactions a second, Cardano can achieve 1000 per second.
The payment benefits of ADA are plenty, besides its speed and scalability, and it has a great many of use cases: payments, donations, payouts, digital identity, decentralized finance, property rights, legal contracts and more.
April 29, 2021 by Walt
Cryptocurrencies have evolved over the past decade from a province of geeks to a multi-billion-dollar industry. Recently, the crypto sphere has seen a rise in innovative platforms and solutions inspired by Bitcoin and seeking to resolve the existing issues and implement new approaches. Stablecoins have become one of the most successful projects which considerably facilitated the process of using cryptocurrencies. They were introduced as a response to the problem of volatility of the crypto market with an intention to minimize the risks for investors. …