Posts From June, 2019

Samsung intends to add the possibility of making crypto transactions to Samsung Pay. This company holds 80 percent of the payments market shares in South Korea and offers services similar to that of Apple Pay

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Well-known AT&T company has recently announced that it will be the first company to offer mobile network services which accepts paying with cryptocurrencies. The customers of this company can pay via cryptocurrencies by receiving BitPay.

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The improvement of the status of cryptocurrencies, especially Bitcoin, has set the scene for fraud and abuse recently. Some existing applications in Google play have been developed to defraud advocates, and the curious in the field of cryptocurrencies, and they have abused Android users. Two digital ledgers were among applications which took measure in defrauding users.

 

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Proof-of-work (POW) algorithm is the most widely used in Blockchain networks. For example, Bitcoin, Ethereum, and Counos Coin, three of the most well-known cryptocurrencies in the world, use proof-of-work. However, recently, Ethereum has decided to move from proof-of-work to proof-of-stake (POS) as part of their development map.

 

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