Digital Currency

With the surge of Bitcoin and Ethereum, the two major cryptocurrencies continued to hit record highs, and the crypto market was boiling. According to CoinMetrics data, Bitcoin miners set a record of $340 million in mid-December 2017 and $1.02 billion after the bear market in January 2018. It is expected that bit miners will set a higher record in the future. As the price of cryptocurrencies has soared, the continued high popularity and high yields have led to a mining boom. On February 8, 2019, the Internet company Ninth City…

Turing Labs, a UK-based non-profit research organisation, has announced its latest milestone, the RNG digital encryption algorithm and related solution, which has been adopted and cited by the official Ethernet community as one of the latter’s underlying application technologies, the Daily Mail reports. In the field of cryptography, there are two important judgements: first, it is considered computationally secure if it cannot be broken in an acceptable amount of time under present realistic conditions; second, it is considered unconditionally secure if it cannot be broken even with unlimited resources. Cryptography has…

Blockchain technology is derived from Bitcoin, as people know more about blockchain technology, the blockchain industry is also undergoing great changes. Whether at the level of capital or innovation, blockchain has always been a hot word in 2016. The technical characteristics of distributed general ledger, encryption algorithm and programmability based on blockchain are regarded as the cornerstone of future digital society.   Blockchain is expected to lead human society to evolve from information Internet to value Internet. Even, this most subversive technology after the Internet is likely to set off…