Blockchain & crypto news from India
The former founder of Twitter, Jack Dorsey believes that bitcoin has the potential to help the entire world. In an undated video released by Documenting Bitcoin on Twitter, Dorsey was being interviewed at an event, and he shared his thoughts on what makes cryptocurrencies like Bitcoin revolutionary. According to Dorsey, Bitcoin is “incredible” for it…
Jack Dorsey, former Twitter CEO, has declared the latest platform in a tweet, called ‘Web5’, a combination of Web 3 and Web 2.0, developed on the Bitcoin blockchain. The platform assures to fix the issue of securing personal data. The firm said on its website that users struggle to protect personal data with several accounts…
Twitter founder Jack Dorsey’s first-ever tweet to be sold as an NFT (nonfungible token) was put up for sale by the buyer for a whopping $48 million – and drew an astoundingly measly maximum offer of less than $280 by the deadline this week. The the seller reached out to wanna-be Twitter owner Elon Musk,…
Ethereum, the primary blockchain backing Ether, is declaring a grand update, aiming to decrease the enormous energy consumed in Ether mining by 99.95 percent. In addition, the company announced a move to Proof-of-Stake (PoS) mechanism away from the existing Proof-of-work (PoW). For the uninformed, Blockchain is a virtual circulated database that records every transaction, making…
Just after giving up the chief executive position of Twitter Inc., Bitcoin lover Jack Dorsey has taken to the service he co-founded to express his annoyance with so-called Web3 technology and the participation of venture capital companies such as Andreesen Horowitz. A still vague term for decentralized, blockchain-based systems and tech that are curated to…