The most popular decentralized application (DApp) on Steem — a crypto-powered card trading game called Splinterlands — has become the latest high profile migration to rebel Steem fork, Hive. As a result, the number of daily transactions on Steem has fallen by a third to drop below Hive’s for the first time. Hive is a community run fork of Steem, set up following the purchase of Steemit Inc by Tron founder Justin Sun. The migration was a response to a surprise hard fork initiated in late May to freeze the tokens of former Steem block validators. Splinterlands wrote at the …

Changpeng Zhao, or CZ, the chief executive of top crypto exchange Binance, has issued a statement regarding the recent Steem hard fork that sought to freeze 23.6 million STEEM tokens associated with 64 wallet addresses. Binance will support the fork, however, indicating that they will support future forks executed by those affected within the Steem community. Steem fork attracts controversy The latest fork was ostensibly intended to protect against malicious actors in the Steem network, however, critics have accused the project of seeking to punish proponents of the Hive hard fork and detractors of Steemit’s owner as of February, Justin …

Despite zero downtime since its inception, Bitcoin (BTC), still has some catching up to do with New York City’s subway system. Wednesday was the first time in its 115-year history that New York City purposely shut down its main transportation artery. The downtime will allow workers to deep clean all transit cars in an effort to prevent the further spread of COVID-19. Subway Map of Bitcoin Forks. Source: Bitcoin Magazine Meanwhile, Bitcoin has been clogging along without any interruptions since its genesis block. Mined on January 3, 2009, the genesis block held the now-famous Coinbase transaction: “The Times 03/Jan/2009 Chancellor …

Free TON Community, an independent group of developers and users, have just launched a free version of the Telegram Open Network, or TON. During the launch event on May 7, community members answered major questions about the Free TON Blockchain launch. At the launch Zoom call, a number of users were wondering whether the Free TON Blockchain represents a fork of Telegram’s original TON. According to a key community member, the Free TON Blockchain should not be referred to as a fork. “There is no network to fork” Mitja Goroshevsky, CTO at TON Labs — a third-party group of TON …

The Bitcoin Association, which promotes Bitcoin SV, says the BSV network now rivals credit card processor VISA in terms of transactions per second. It also claims BSV transaction processors (miners) receive “better returns” than on BTC. In its first annual report, the Bitcoin Association (BA) said the Bitcoin SV scaling test network had “consistently sustained 1,300 transactions per second for a prolonged period, in addition to handling a peak load of 6,400 transactions per second” “To put the transaction capacity in perspective, the VISA network, which has long been viewed as the gold-standard for payment processors, handles an average of …

After successfully forking from the Steem blockchain, Hive (HIVE) secured a listing on Bittrex — where it is trading for a 20% premium over Steem (STEEM). In a blow to Justin Sun, the cryptocurrency market appears to have chosen which chain it believes to be more valuable after Hive forked off from Steem on March 20. HIVE trades for 20% premium over Steem On Bittrex, HIVE is currently trading for $0.193, while STEEM is changing hands for roughly $0.154 on the same platform. HIVE’s 24-volume on Bittrex of $28,500 equates to 60% of Steem’s $49,500. In just a few days, …

Following weeks of conflict between the Steem (STEEM) community and Justin Sun, the community-led Hive hard fork was successful. On March 20, Hive hard forked the Steem network, airdropping HIVE tokens to STEEM holders 1:1, excluding the founder’s reward. The founder’s reward comprises 20% of the total STEEM supply. The tokens were acquired by Tron’s founder, Justin Sun, when he purchased Steemit Inc — the largest front-end interface for the decentralized blogging platform — on Feb. 14. A quick search through Twitter shows that many content creators are already posting on Hive. Steempeak rebrands to Peakd Many of the Hive …

Charles Hoskinson, co-founder and CEO of IOHK, the blockchain firm behind Cardano (ADA), said that he expects the coin to see a hard fork in mid-February. During a livestream on Jan. 17, Hoskinson noted that he expects Cardano’s consensus algorithm to be upgraded with a hard fork next month. He said that he has “pretty high certainty” that the Ouroboros Bizantine Fault-Tolerant Consensus Protocol (OBFT) will be implemented in mid-February: “Looks like February — at pretty high certainty — we’re going to have the OBFT hard fork occur. We’re still talking to our exchange partners about that and we just …

As of press time, Ethereum has passed block #9068000, putting it within 1000 blocks of the scheduled Istanbul hard fork, which should take place at around 23:30 UTC. The much-anticipated shift to Istanbul will be the Ethereum network’s first hard fork since February’s Constantinople. Both are stages of a broader phase of ongoing development that began in 2017 called Metropolis. What is changing? Cointelegraph has covered Ethereum’s ongoing developments extensively, as have the developers. Broadly speaking, Istanbul should be streamlining the network in accordance with Metropolis’s overall goals of scaling the network. Specifically, Istanbul will expand interoperability with privacy token …

The threat of an XRP fork is looming over Ripple, the San Francisco-headquartered startup behind the third-largest asset on the cryptocurrency market. Twitter user @Crypto_Bitlord, who has over 100,000 followers and claims to own XRP, is rallying XRP investors disappointed with the token’s performance to split from the original ledger due to Ripple’s alleged XRP dumping. The plan follows a moderately popular Change.org petition submitted by the same Twitter persona titled “Stop Ripple Dumping,” which has amassed more than 3,500 signatures over the last four weeks. Crypto Bitlord’s comment to Cointelegraph shows that his plan largely appears to be a …

Parity, a blockchain infrastructure company that runs the core of the Ethereum network, is delaying the Ethereum core devs’ planned hardfork until Sept. 6. Waiting on Parity EtherWorld founder Pooja Ranjan provided notes from Ethereum Core Devs Meeting 69 via GitHub on Aug. 24 — a day after the dev meeting occurred. According to Parity core developer Wei Tang, the organization needs two more weeks before devs can proceed in selecting a block number for the Istanbul fork. According to Ranjan’s notes, Tang said that Parity will need until Sept. 6 for its implementation: “We need time till 6th September …

Developers of the private transactions cryptocurrency PIVX replied to crypto consulting firm Lunar Digital Assets regarding claims its blockchain was vulnerable to a bug. In a reply published on Aug. 13, PIVX developers addressed claims made by Lunar Digital Assets CEO Han Yoon. They argued that there has been no resurgence of attacks on its proof-of-stake (PoS) algorithm, and that neither PIVX nor its users’ funds are at risk. According to the post, PIVX fixed its “fake stake” exploit in February, and its network stability and chain trust are not currently compromised. However, the post did note that there is …