ConsenSys Unveils Ethereum-Based Satellite Tracker

Blockchain software technology company ConsenSys has unveiled Trusat, a satellite tracking application based on the Ethereum (ETH) network. According to the firm’s tweet posted on Oct. 22, Trusat aims to tackle the problem of space debris that could damage Earth’s space infrastructure. Tackling space debris with blockchain The initiative hopes that its app’s users will…

Litecoin Foundation Pitches Opt-In MimbleWimble Via Extension Blocks

The Litecoin Foundation has published two new draft Litecoin Improvement Proposals that work toward establishing privacy features for the network. On Oct. 22, the Foundation shared links to details of the draft proposals on GitHub: LIP-0002 EB and LIP-0003 MW. Protecting Litecoin’s functional fungibility from government As the Foundation outlines, both proposals are targeted at…

TBCASoft, IBM and SoftBank Announce a Mobile Payment Blockchain

Blockchain platform TBCASoft, technology behemoth IBM and telecommunications conglomerate SoftBank announced on Oct. 22 a collaboration to adopt a cross-carrier telecommunications blockchain payment solution. New cross-carrier system Per the release, the partnership aims to allow carriers to use blockchain through the Carrier Blockchain Study Group (CBSG) Consortium — founded by TBCASoft and SoftBank. TBCASoft reportedly…

New DLT Protocol Scalable, Secure Without Consensus, Researchers Claim

Researchers have developed a new algorithm for distributed ledger protocols, which reporters claim could achieve security without the high power consumption of Bitcoin (BTC) mining. The algorithm, “Scalable Byzantine Reliable Broadcast,” was outlined in a paper first published this August and being presented today, Oct. 16, at the International Symposium on Distributed Computing (DISC 2019)…