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Blockchain Voting and The American Elections

Blockchain technology might not be the panacea for all voting problems. But the benefits of Blockchain voting would go far in reducing voter apathy and even encourage more people to vote.

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Blockchain This Week – Ethereum Attacks

The week began with the news of a 51% attack on the Ethereum Classic network, which the attackers purportedly executed undetected over several days. The attackers managed to pocket the US $5.6 million through double-spending. The network was attacked again on Thursday, with the attackers ripping off US $1.6 million. The attackers were able to mount up sufficient resources for the attack by spending a mere 17.5 Bitcoins worth US $192,000 for renting the required hash power. This news and many more in this week’s newsletter.

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How Blockchain Can Revolutionize Micropayments?

Micropayments, as the name suggests, are transactions involving small amounts of money usually done electronically. Micropayments are an integral part of today’s subscription services and in-app payments. However, many factors, technological and economical, have hindered its widespread adoption. But, the dawn of Blockchain technology and the growing adoption of crypto and digital currencies have solved many of the longstanding issues with micropayments, leading to its increased acceptance.

Blockchain This Week – Twitter Breach to Mainstream Adoption

It was quite a roller-coaster week for Bitcoin and Blockchain. Twitter hack targeting several high-profile accounts with hackers masquerading as celebrities, politicians, crypto exchanges, and crypto news-outlets, among others, and asking people to send bitcoins with the promise of returning double the coins has grasped the world this week. This news and many more from the eventful week here.