Tag: blockchain technology

Key takeaways: Starting a crypto exchange business is now free due to open-source crypto technology and exchange software Crypto technology is getting exponentially better for builders Building with the technology is getting easier as more blockchains become standardized and widely adopted People are building a preference for crypto exchanges as their personal bank DeFi is also challenging this notion of a bank HollaEx Kit is a white label solution to deploy a crypto exchange developed by bitHolla. This software has 2 main options: the open source “DIY” option which is completely free or the cloud service that assists with hosting and server management for a small fee. The first version of the kit was launched in January 2020 and the second version has been released earlier this year and...

Designed by Toscanini Heitor As soon as NFTs exploded, the criticism (with just a teeny, tiny bit of virtue signalling) did, too.  While Beeple and other artists selling their work for thousands (and even millions) of dollars hit the spotlight, doubters were quick to point out that the blockchain technology used to power NFTs used carbon-producing proof-of-work consensus algorithms. The Ethereum network, currently moving away from proof-of-work and towards a proof-of-stake mechanism, was among the main targets of these complaints. Designed by Toscanini Heitor Just as the markets demonstrated a real-world demand for crypto art, the engines of innovation started turning: The request for a place to store the products of the musings of thousands of artists worldwide in a manner that w...

Facebook decided to rebrand and rename the initial Calibra cryptocurrency wallet as the now new Novi cryptocurrency wallet. According to Facebook, the name Novi was inspired by the Latin words “novus” for “new” and “via” for “way.” according to the press release issued by the company on May 26th, 2020. Libra, as of the date of publishing is not yet available for public use, but according to the information, Novi will be the first (and perhaps only) wallet that will be used with the Libra cryptocurrency.   The wallet is presented as an easy-to-use integration that will be compatible with all of Facebook’s products, i.e. Messenger, Whatsapp, and a proprietary Novi application. It is expected that sending and receiving money through the Novi wallet will be free of charge, with no hidden costs...