Cardano (ADA) reached a major milestone in its roadmap on Sep. 13 as its blockchain launched Plutus-powered smart contracts as a part of the Alonzo hard fork. The Alonzo hard fork has been highly anticipated in the Cardano community as well as the cryptocurrency sphere at large. The smart contract functionality is meant to allow Cardano to become a platform on which developers can build decentralized applications (DApps) and even mint nonfungible tokens (NFTs). This milestone has been hailed as the point in the development of the network where the “mission truly begins.” However, the news of the execution of …
The bullish momentum across the cryptocurrency market continued to build on Friday as a market-wide rally lifted the prices of most altcoins and boosted Bitcoin (BTC) and Ether (ETH) above their respective resistance levels at $51,000 and $4,000, respectively. The recent price gains seen in the altcoin market show no sign of slowing down, and several altcoins gained more than 30% on Friday. Data from Cointelegraph Markets Pro and TradingView shows that the best performers over the past 24-hours were Polymath (POLY), Bitcoin Cash ABC (BCHA) and XYO Network. Polymath rallies as its “Polymesh” mainnet launch approaches Polymath is an …
Charles Hoskinson, co-founder and CEO of IOHK, the blockchain firm behind Cardano (ADA), said that he expects the coin to see a hard fork in mid-February. During a livestream on Jan. 17, Hoskinson noted that he expects Cardano’s consensus algorithm to be upgraded with a hard fork next month. He said that he has “pretty high certainty” that the Ouroboros Bizantine Fault-Tolerant Consensus Protocol (OBFT) will be implemented in mid-February: “Looks like February — at pretty high certainty — we’re going to have the OBFT hard fork occur. We’re still talking to our exchange partners about that and we just …
Following its hard fork on May 15, bitcoin cash (BCH) appears to have experienced a two-block chain reorganization resulting in a 3,392 BCH (about $1.35 million at press time) double spend. The claim was made in a report released by the research arm of cryptocurrency derivatives exchange BitMex on May 24. Per the report, the recent BCH hard fork experienced three interrelated issues. Firstly, an apparent bug evidently exploited by an attacker right after the hard fork. The attacker was able to “broadcast transactions which met the mempool validity conditions but failed the consensus checks.” Miners attempting to produce blocks …
This article has been updated to specify that SBI Holdings has made an announcement about the delisting of BCH, and not mentioned listing BSV. Japanese financial services giant SBI Holdings will delist bitcoin cash (BCH) from its virtual currency exchange in June 2019, Cointelegraph Japan reports on April 16. SBI Virtual Currencies has now officially announced its plans to delist bitcoin cash — a cryptocurrency created from a hard fork of bitcoin (BTC). Bitcoin cash is the first hard fork of the major cryptocurrency, created in August 2017. In turn, bitcoin SV is a hard fork version of bitcoin cash, …