Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Quantum Computing
The Rise and Fall of IOTA (mIOTA) – A Bittersweet Story
IOTA - A Brief History IOTA is a cryptographic protocol that runs on a unique form of Distributed Ledger Technology (DLT), significantly different from most cryptocurrency projects. It is different for one vital reason; IOTA doesn’t run on a blockchain! As we have tried to iterate multiple times, blockchain, the distributed database technology, is just a subset of DLT. So then, what kind of database technology does IOTA use? IOTA was developed and initiated by David Sønstebø, Dominik Schiener, Sergey…
5 years ago
Introduction to Quantum Cryptography – Everything You Need to Know
To explain what I mean by Quantum Cryptography, I would first dive into what Quantum Computing is. Then, I could say what "Expert" websites say: Quantum computers use the fundamentals of quantum mechanics to speed up the process of solving complex computations. As a result, they can process massive and complex datasets more efficiently than classical computers. But that sounds like a whole lot of gibberish and no talk. So, let's take a bold step and try to break down…
5 years ago
Unbreakable Encryption Chips – How this Concerns Bitcoin
Recently, researchers at the University of St. Andrew’s, King Abdullah University of Science and Technology in Saudi Arabia, and the Center for Unconventional Processes of Sciences in California introduced a prototype silicon chip. These developers claim the chips provide unbreakable encryption. Nature Communications published an article concerning this new system and pointed out that it utilizes chaotic wavepackets in conventional silicon-based semiconductors. Cryptocurrencies depend on traditional encryption standards, which may soon become outdated due to innovations in quantum computing. There…
5 years ago