Blockchain network Solana has disclosed key findings highlighting the network’s fast processing and minimal energy consumption in its energy report for November. Solana foundation claimed that a transaction processed on Solana consumes less energy than two Google searches, making it one of the fastest networks for conducting crypto transactions. Founded in 2019, Solana’s (SOL) … [Read more...] about Solana (SOL) consumes less energy than two Google searches, report claims
Claims
EOS under fire over claims its ICO was a shady “pump scheme”
During a year-long initial coin offering (ICO) that ended in 2018, EOS raised a record $4.2 billion, making it the biggest ICO in history. Combined with its Delegated Proof-of-Stake (DPoS) consensus mechanism, which has throughput thousands of times greater than Ethereum’s, expectations were high.But these expectations continue to go unfulfilled. A look at EOS’s stagnant dapp … [Read more...] about EOS under fire over claims its ICO was a shady “pump scheme”
Economist claims a $500,000 Bitcoin would be disastrous for CO2 emissions
The founder of Digiconomist, Alex de Vries, predicts that, in the long run, the cost of mining a Bitcoin will rise to the price of a Bitcoin. de Vries was referring to economic theory, which states competition will drive profits down over time.de Vries, whose website studies the consequences of digital trends from an economic perspective, says, under this scenario, competitive … [Read more...] about Economist claims a $500,000 Bitcoin would be disastrous for CO2 emissions
Tokenized real estate market could hit $1.4T despite a slow start, report claims
Tokenized property remains niche, largely due to its relative novelty and remaining regulatory uncertainties. Yet a new report has noted that even if just 0.5% of the total global property market were to be tokenized in the next five years, it would be on track to become a $1.4 trillion marketIn recent years, the total value of the global real estate market has hit a staggering … [Read more...] about Tokenized real estate market could hit $1.4T despite a slow start, report claims
Blockchain identity market to grow $3.58B by 2025, report claims
A new report on the potential for blockchain identity management solutions to become integrated across sectors has forecast strong growth for its global market, at a compound annual rate of close to 71%.The report grounds its predictions on a study broken down into segments: by sector – e.g., government, healthcare, banking, financial services and insurance (BFSI) – geography, … [Read more...] about Blockchain identity market to grow $3.58B by 2025, report claims