Staking, Sharding, and Other Strange Stuff.

Ethereum 2.0. will change the cryptocurrency world forever.
Ethereum 2.0. will change the cryptocurrency world forever.
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The second-largest blockchain in the world, Ethereum, is preparing for a big shift in their model of operation. The switch to ETH 2.0 was planned right from the Ethereum launch five years ago, but it took a lot of time and the efforts of many development teams to reach this critical point when everything can start to unfold.

The entire crypto world is anticipating the Ethereum 2.0 beacon chain launch, confirmed for December 1st after 16,834 validators transferred the necessary 524,288 ETH into a deposit contract. This amount satisfies the threshold requirement for the upcoming ETH 2.0 launch. Only a…

Crypto Missive

A Chinese flag overhanding and urban street with snow falling.
A Chinese flag overhanding and urban street with snow falling.
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I’ve been getting lots of questions recently about a “digital Yuan,” both from customers of BitPrime and the general public. The internet is buzzing with talk of governments getting into crypto. Outlets from and to have all been interested in the developments. But things aren’t as they seem, or as crypto investors might want them to be.

A digital Yuan is the “next big thing” you say

Because central bank backing of cryptocurrency lends legitimacy to the whole crypto-sphere, people want to believe that it’s a game-changer. It is, but not for cryptocurrency. …

Climate & Sustainability

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Climate change is perhaps the most widely-discussed topic of the 21st century. Sadly, the devastation to our planet is increasingly clear. The ice caps are melting, sea levels are rising, and not enough is being done to prevent further damage.

The Australian of 2019/20 serves as a stark demonstration of the impact that climate change can have. Fires are a natural part of the Australian weather cycle, but the 2019/20 fire season was far more severe than usual. During the ‘Black Summer’, temperatures in Australia were 1.52 °C above average; 2019 was one of the hottest years on…

The internet has been awash with talk of the recent update to Tether‘s terms of service. It was quietly updated on the 26th of February and announced via a recent Reddit post.

Not only is it in the statement in their terms of service but also on their homepage.

” 1.1.32 “Reserves” means traditional currency and cash equivalents and, from time to time, may include other assets and receivables from loans made by Tether to third parties, which may include affiliated entities;” -

Dodgy Loans

So what exactly do they mean by ”may include other assets and receivables from loans made…

Private Digital Currencies Will Lead To Cryptocurrency Mass Adoption

I know lots of you rolled your eyes when you read my headline. Bear with me while I play devil’s advocate for a while. JP Morgan Chase and Facebook are both working on private digital currency projects. Private digital currencies are permissioned blockchains, meaning they’re governed by a central entity. on February 14th the launch of their own cryptocurrency, JPM Coin. While Facebook had signaled its’ entry into the market as early as 2018.

Cryptocurrencies or Digital Assets?

These corporate coins have been widely termed as cryptocurrencies. But calling a private digital currency a cryptocurrency is an oxymoron. …

Ross Carter-Brown

CEO of BitPrime. A devotee of blockchain, crypto, entrepreneurship, life, and literature. A proud father, perennial student, and dreamer. “Question everything”.

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