Privacy Crypto Monero Celebrates Its 5th Birthday

news One of the most popular cryptocurrencies for privacy protection, monero, celebrated five years of existence this week. Launched in April 2014, monero has, since its inception, been entirely crowdfunded. And in tune with this decentralized, grassroots structure, monero is almost entirely developed by volunteers. “Monero is very committed to its decentralized, grassroots structure meaning we…

Ethereum Core Developers Debate Benefits of More Frequent Hard Forks

news How often is too often to alter consensus? A group of ethereum’s veteran open-source developers discussed the subject in a bi-weekly meeting Friday, wherein they aired the possibility that system-wide upgrades, also called hard forks, to the software could be enacted as often as every three months. Wanting to “check the temperature,” the developer asking the…

MakerDAO to Increase Fees Above 10% in Bid to Stabilize DAI Stablecoin

news Investors who hold tokens in the programmatic lending protocol MakerDAO appear likely to approve a fifth fee increase that would further raise the cost of platform’s US dollar-backed stablecoin DAI. Since Monday, five different options have been presented to MakerDAO token holders, all of which suggested different possible increases to the platform’s “stability fee,” the most…

Bitrefill’s ‘Thor Turbo’ Lets You Get Started With Bitcoin’s Lightning Faster

news Bitrefill has launched a new service that seeks to simplify the process of setting up payment channels on the lightning network, the experimental, layer-two initiative being built on top of bitcoin. Demoed for the first time Friday at the Understanding Bitcoin conference in Malta, the new service – dubbed “Thor Turbo” – helps users…

Ethereum Scaling Tech Monoplasma Wants to Let Dapps Broadcast Crypto

news Blockchain data platform Streamr has officially released a new open-source ethereum scaling technology called Monoplasma. Inspired by a pre-existing scaling solution called plasma, Monoplasma is different in that it focuses specifically on “one-to-many payments” in which users would need to “repeatedly distribute value to a large and dynamic set of ethereum addresses,” explained Henri Pihkala, CEO…

Decentralized Finance Emerges as Banner Topic at Ethereum Denver Conference

news “We always needs to ask, ‘Who are we building for?’” Kicking off the annual ethereum hackathon ETHDenver, Aave CEO Stani Kulechov shared an opening address on on “leaping decentralized finance [into the] mainstream.” Aave is a Swiss-based blockchain technology company that officially launched in September of last year. Acting as the parent company to ETHLend…