Ethereum founder Vitalik Buterin, Ethereum will surpass Visa transactions in 2 years time

  Ethereum founder Vitalik Buterin was at the Techcrunch Disrupt SF 2017, he was asked about Ethereum, and he was quoted as saying, “You basically need to have some system that keeps track of how much money you have at any given time, how much money you have the right to spend,” Buterin said. “You can very easily do it with centralized servers, but if you want to do it in a … [Read more...]

SMART CONTRACTS : WHAT ARE SMART CONTRACT AND HOW BENEFICIAL IS IT TO BLOCKCHAIN TECHNOLOGY

Technology is fast advancing into 8th generation future applications, new terms are coined, some terms researched or done as class work are put into use , some theory put into play 1996, becoming a reality show in today’s application.   This is where smart contract come in; Smart Contracts became popular when contracts needed to be decentralized, or in simple terms be smarter. In simple … [Read more...]

China Stops 60 ICOs companies and this sends Bitcoin and Ether crashing

Yes, the result and influence of China, has sent the price of Bitcoin from achieving $5000 mark and ensuring Ethereum slip below $300 the first time in almost a month. So why did China shutdown 60 companies on embarking on an ICO mission not 6, 60 ? Well, according to reports China see's some of these companies coming with their ICO as scammish companies, simply put, illegal fundraising for … [Read more...]