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Crypto Mass Adoption Depends On Usability And Cross Currency Cooperation

After emerging to prominence as a byproduct of the cryptocurrency movement, blockchain technology is definitely having a moment of its own. In many ways, it arrived at the perfect time. While news headlines reflect the mounting concerns about the current internet structure’s viability in the digital age, the blockchain brings needed security and usability upgrades to the forefront of the tech scene. For this reason, many people consider the blockchain to be the third iteration of the internet, or the internet 3.0. Although it’s still an early-stage technology, the blockchain is anything but new. The first blockchain originated as the...

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The Fast And Furious Future Of Exchanging Cryptocurrency

The most substantial issues facing the cryptocurrency world are liquidity, scalability and cashing out. Exchanging crypto to fiat remains costly, delayed, insecure and limited. The rise of Bitcoin is what popularized cryptocurrency and what brought us to where we are today, but there are many issues within the Bitcoin legacy system, and the entire financial legacy system for that matter, that limit the extreme potential of cryptocurrencies and other altcoins. The inefficiencies and the flaws associated with cryptocurrency are deterring investors from all backgrounds, which is preventing digital currencies from reaching mass adoption. Cryptocurrency has endless benefits, including simplifying international...

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Freewallet Users Saved Over $500K

Freewallet users saved over $520.000 on free internal transactions during the period between July 2017 and July 2018. That includes $400.000 in XMR transactions, $60.000 in Ethereum and ​$63.000 in Bitcoin. As a hosted wallet, Freewallet is able to provide free and instant transactions between Freewallet users. Those transactions are not registered in the blockchain which saves users from paying a network fee. The largest share of the funds saved on network commissions are in XMR. The absence of fees brought a great economy of $400k. Bitcoin ($63k) and Ethereum ($60k) also brought a tangible benefit to Freewallet users. Doge...

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Russia Continue To Explore Blockchain, This Time It’s Pensions

Russia, they are on the fence about cryptocurrencies, but when it comes to blockchain technology, authorities and services over there see blockchain as a favourable innovation. Latest reports from Russia suggest that the Russian State Pension Fund (PFR), a social service within Russia, are set to start working with blockchain technologies in order to make the most of smart contracts, to issue employment contracts between employers and new employees. According to Cointelegraph, this new project plans to: “Introduce smart contracts to be used as employment contracts between employers and employees. Such agreements could be made in any of the numerous...

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EOS See’s Biggest Boost For Months With New Referendum Announcement

EOS has been pretty quiet recently. Best known as the first major cryptocurrency to beat it’s previous crypto boom all time high later on in the year, EOS has shown strength and the capacity to grow, away from the general trend of the markets. The reign of EOS came as the EOS coin offering (arguably the longest ever ICO) came to an end. This, led to a bunch of hype and a drive for investment that saw EOS exceed $20.00 for the first time ever. Now, valued at around $6.00, you could say that we are a little way off...

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