Joseph SpezzanoJoseph Spezzano received a Masters Degree in computer science from The University of Massachusetts. Joseph has been working as a full-time blockchain programmer for the past 5 years. In his spare time, Joseph enjoys writing for CryptocurrencyInvestments.com and traveling.
Litecoin (LTC) has relaunched its MimbleWimble testnet — a protocol designed to enhance privacy and obfuscate the traceability of distributed ledger transactions. MimbleWimble is a modified implementation of the proof-of-work algorithm underpinning Bitcoin (BTC) in which blocks appear as a single large transaction, preventing the individual inputs and outputs relating to the transactions from being
Coming every Sunday, Hodler’s Digest tracks every important crypto news story from the previous week. Essential reading for all Hodlers! Top Stories This Week European Commission unveils digital finance package for crypto and blockchain The days of murky legal waters and uncertainty for the crypto industry could be coming to an end if the European
Throughout the short history of cryptocurrency, hundreds of coins have debuted and then died. Digital altcoin graveyards are filled with coins who thought they may one day challenge Bitcoin but are now nothing more than a distant memory–a forgotten file on a few former users’ hard drives. Throughout this tumultuous time, two coins have consistently
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In Bitcoin, there is much discussion about alt-coins, as if many of these are actually legitimate. Many alt-coins are pre-mined, causing them to lose much of their legitimacy. If a coin has been pre-mined, it should automatically be crossed off your digital currency investment list. Further, many quite simply don’t have the adoption rate to
Jiang Zhuoer, the founder of LTC1BTC, a Litecoin pool that currently controls around 12% of the network, told CCN.com in an interview that his pool won’t upgrade to soft fork segwit, nor will any primary Litecoin pool, adding that he has contacted them. Litecoin is meant to begin the Segwit soft fork activation process in
OpenBazaar, an open-source market that allows buyers and sellers of goods to directly create shops and sell goods without fees, restrictions or accounts, is looking to layer multiple cryptocurrencies into its wallet in the interest of offering lower transaction fees. The online market already allows users to pay for purchases in multiple cryptocurrencies via an
Litecoin is the biggest digital currency to successfully activate segwit which went live around 6 PM London time on the 10th of May 2017 with segwit transactions now available for use depending on the litecoin wallet. The upgrade was overall smooth, despite a slight hiccup with one miner, F2Pool, which for a brief period returned
Among the many current and upcoming blockchain-enabled gaming titles, LiteBringer promises something different. It claims to be the first game running entirely on the Litecoin blockchain. But can it live up to its name, and bring players Litecoin (LTC)? There was only one way to find out… Pay to play The first thing to note
In an online event prepared by the Litecoin Foundation on Sept. 15, Litecoin (LTC) creator Charlie Lee and CipSoft CEO Stephan Vogler announced the release of LiteBringer, a role-playing fantasy game which runs on top of the Litecoin blockchain. “It’s the first major game that utilizes the Litecoin blockchain for all of its interactions,” Lee
The President of the European Central Bank (ECB) Christine Lagarde said that the coronavirus pandemic has acted as a catalyst in boosting the adoption of digital payments in the European Union. Lagarde expects the majority of the consumers to continue using digital services even in the future. In order to support the digitalization, the ECB
The short-term gyrations in crypto and stock prices are usually based on sentiment and technicals, while the long-term trends generally follow stronger underlying fundamentals. Therefore, if the fundamentals do not weaken, smart investors view short sharp corrections as a buying opportunity. Data suggests that large investors, oftentimes dubbed ‘whales’, have been accumulating Bitcoin (BTC) since
The Nasdaq, S&P500 and Dow all corrected sharply on Sep. 3 and opened today with additional downside, suggesting that traders are rushing to the exit. Bitcoin (BTC) and several other major altcoins have also witnessed a strong bout of profit booking that has pulled down the total crypto market capitalization from $394 billion on Sep.
The U.S. stock market continues to hit new all-time highs while gold, which acts as a safe haven asset has retreated from it’s all-time highs. This suggests that there sentiment is to own risky assets. Meanwhile, Bitcoin (BTC), which at times behaves as an uncorrelated asset, remains stuck in a range. However, with the U.S.
In his speech on Aug. 27, U.S. Federal Reserve chairman Jerome Powell said that the central bank will allow inflation to stay above its 2% target level if the figure has been languishing below that level for a long time. Some analysts believe that this could mean no rate hikes for at least five years.