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What Is Bitcoin Gold
What Is Bitcoin Gold
Bitcoin Gold is the second project to fork away from the Bitcoin blockchain to create a new coin this year; on August 1, Bitcoin Cash (Bcash) was the first. Both forks aim to acheive different purpose, Bcash attempted to offer an on-chain scaling solution by increasing Bitcoin’s block size limit while, Bgold is an attempt to counter Bitcoin’s mining centralization. The most important difference…
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What is Blockchain?
Blockchain is an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way. The ledger itself can also be programmed to trigger transactions automatically. A block is the ‘current’ part of a blockchain, which records some or all of the recent transactions. Once completed, a block goes into the blockchain as a permanent database.…
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Grab Crosses The 1 Billion Ride Milestone
Grab Crosses The 1 Billion Ride Milestone
Grab, one of southeast Asia taxi hailing service announced that it has offered his 1 billionth ride with 66 Grab rides starting concurrently across 7 countries. Founded in 2012 out of Malaysia, today it spans 142 cities in 7 countries and has expand its service offerings to include private hire, carpooling, motorbike taxis. It has over 2 million drivers and 68 million app downloads. Softbank and…
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Bitcoin is in a bubble - Warren Buffet, Tidjane Thiam
Bitcoin is in a bubble – Warren Buffet, Tidjane Thiam
During an annual question & answer session held in Omaha last month. Buffett took a swipe at the cryptocurrency market during his remarks. He said “People get excited from big price movements, and Wall Street accommodates.” Describing bitcoin as a “real bubble,” according to the publication, Buffett also criticized the idea of applying a value to bitcoin. “You can’t value bitcoin because it’s not…
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