Bookmarking Crypto Insights
Auto Added by WPeMatico
Since March 12, the Makerdao community has been struggling with the stablecoin DAI which has been over $4 million undercollaterized since the crypto market carnage started. On March 18, the developers plan to auction newly minted maker (MKR) tokens in order to remove the outstanding debt. However, the auction might not be enough and the … Read more
The price of ethereum dropping double digits on March 12 sent shockwaves through the decentralized finance (defi) community. Makerdao’s single collateral DAI has been struggling and the low price of ETH has left millions worth of DAI undercollateralized. The defi project’s undercollateralizition was also blamed on price oracle discrepancies. Also read: The 35 Most Influential … Read more
Interoperability between different blockchains and cryptocurrency ecosystem is very difficult to achieve. By default, there is no reason to interact with competing projects. The Aelf blockchain sees things a bit differently, and its latest update may usher in a new era of communication. Communicating with and relying on third-party data from other chains and data … Read more
With the launch of Bakkt’s bitcoin futures market and Binance’s revamped U.S. exchange, there’s been a lot of talk in the space about institutionalization and traditional money flowing into crypto. It’s almost as if some believe that Bitcoin can’t scale as a purely peer-to-peer electronic cash system and that third parties and regulators must be … Read more
On September 23, Bitcoin Cash (BCH) developer Gabriel Cardona revealed a project called Oracles.cash, a platform he constructed at the Wyohackathon. The application allows anyone to launch oracles on the BCH chain for things like prediction markets, trust-less wagers, and BCH contracts tethered to real-world events. Also read: Bitcoin Cash Acceptance and Community Growth Ramp … Read more
Software developers Rosco Kalis and Gabriel Cardona have been steadily working on Cashscript, a high-level programming language for Bitcoin Cash. When the language is tied to certain opcodes, specific schemes can be built that allow for autonomous and decision-based transactions. While testing Cashscript’s capabilities, the two engineers recently deployed an oracle, forfeits, an onchain wager, … Read more
Bitcoin core (BTC) prices have been rising sharply over the last few weeks and people have also noticed BTC transaction fees have spiked as well. Now there’s a new gaming site called Guess Bitcoinfees allowing people to bet on the 24-hour average transaction fee for the next day and the site pays out jackpots in … Read more
Lately, there’s been a lot of conversation directed at adding a canonical transaction ordering (CTOR) process to the Bitcoin Cash protocol. Then there’s the topic of whether or not the BCH developers should add the opcode OP_Checkdatasig (CDS) into the codebase. Some believe CDS will be beneficial to Bitcoin scripting applications and allow for all … Read more
