One of the most interesting things about the Ethereum Blockchain, is that its core software allows developers to create Smart Contracts which are run in computers around the world. And just like your tablet, smartphone or laptop need to be updated every once in awhile, so does the Ethereum software.
On August 1st, 2017 there is a proposal to fork the current Bitcoin protocol into a new protocol known as Bitcoin Cash. This means that after August 1st, 2017 there is a chance that there’s going to be two versions of the Bitcoin blockchain and two separate digital currencies. A hard fork successfully occurred just one year before for the Ethereum blockchain, which happened due to the DAO being hacked. A hard fork splits the current blockchain in to two blockchains, which was necessary rid Ethereum of vulnerability.
Imagine making a living just from your predictions. Got a hunch your favourite sports team will win on the weekend? What about Leonardo DiCaprio winning an oscar? Research it, think it through – if you’re correct, you’re rewarded. If you’re wrong? You just lose your initial investment.
Cryptocurrencies (Bitcoin/Altcoins) are continuing to gain widespread adoption; the Indian market has begun to blossom, and Genesis Mining has been there to sow the first seeds with the launch of BlockSpeak. Our goal was to create a conference where we could create awareness regarding cryptocurrencies, mining, and Blockchain technology in untapped markets and also provide the community a platform for networking and discussing investment opportunities.
You may have heard a few unfamiliar terms in the news recently – things involving silverware and the word unlimited. The community seems to be split on an issue, and the who’s who of the cryptocurrency world are twitterpated over the entire ordeal. But, what exactly is causing a divide in the world of Bitcoin? Well, it all starts with a little thing called a block – see, they’re filling up, and fast.