TCR TOP STORIES

Aeternity (AE)

Aeternity is an open-source decentralized computing and digital asset platform which aims to improve upon cryptocurrency governance, scalability, scripting safety and cheap access to real-world data on the blockchain. Aeternity plans to solve the issue of network scalability by keeping transactions off the blockchain and on what they refer to as “state-channels”, until there is a discrepancy or the data needs to be enforced.

The real-world data is processed through Ethereum smart contracts and what Aeternity refers to as “smart oracles”. These oracles are meant to reduce some of the high costs and inefficiencies which Aeternity believes are complicating or even preventing the realization of many applications.

Aeternity argues that other projects which are attempting to bring real-world data into the blockchain will fail because they are building the consensus mechanism inside of the smart contract itself, which in turn jeopardizes security and sacrifices efficiency.

Aeternity looks to solve this problem by creating an improved consensus mechanism designed to process information pulled from outside the blockchain, in addition to what is inside.

Top News

Telegram’s Ton Case Postponed To 2020 By Un District Court

  The UN district court, New York postpones the case hearing against Telegram Open Network (TON) which was filed by the Securities and Exchange Commission (SEC). The case will now be heard on February 2020. In accordance with the TRO filed, Telegram should have been in front of the court …

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Ripple CEO Reveals, They Sign more than 30 Deals a Quarter

Ripple is very popular among financial institutions and banks for its multinational blockchain remittance service. Previously, Ripple has collaborated with a lot of famous banks and institutions around the globe. Also, recently the CEO of Ripple, Brad Garlinghouse has stated that the blockchain remittance company Ripple has signed over 30 …

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Bitcoin Shows No Sign of Recovery, In Verge of Dropping Below $7000

Current Price of Bitcoin: Currently, the currency trading at the value of $7,938.43 and its value is decreasing by 2.03%. The market capitalization of the currency is $142,883,413,333 and the 24-hour volume of the currency is $15,138,668,727. The circulating supply is 17,998,962 BTC and the ROI of Bitcoin is 5,767.28%. …

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Cryptos Under Green Signal After CFTC Head Speaks For Ethereum Future

Heath Tarbert, head of the United States Commodity Futures Trading Commission (CFTC) talked about the future of cryptocurrency and the government regulations on cryptocurrency as well in the recently held  Yahoo Finance’s All Markets Summit in New York City on October 10. The native derivative cryptocurrency of the Ethereum ecosphere, …

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