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Tag Archives: Reduce

Decentralized Platform to Substantially Reduce Streaming Commission Fees to 0.77 Percent

A new, decentralized global platform is aiming to help streamers keep more of their earnings — and create a blockchain-driven ecosystem where they will find it easier to receive donations from their loyal viewers. According to DeStream, the esports market is growing, and as a result, audiences on popular streaming services such as Twitch, YouTube and Mixer are increasing by ...

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Ethereum Core Devs Delay ‘Difficulty Bomb,’ Reduce Block Rewards to 2 ETH

Ethereum (ETH) core developers decided on their regular YouTube meeting August 31 to delay the “Difficulty Bomb” by agreeing to include the code for such a change into the upcoming Constantinople hard fork. One of the prime objectives of the Ethereum Foundation lies in the adoption of a new consensus algorithm – Proof-of-Stake (PoS). In order to implement it, the ...

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Ethereum Developers Strike Deal to Reduce Block Reward by 33%

A proposal that is expected to change how much ether enters the cryptocurrency economy was finalized on Friday, Aug. 31, as developers agreed to include the code for such a change into Ethereum’s next hard fork, Constantinople. Constantinople is designed to increase efficiency and lower transaction fees on the blockchain. It’s a protocol upgrade that seeks to smooth the transition ...

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Blockchain Expert Explains Tools to Reduce Token Circulation

One of the important factors that determine if a blockchain project makes a worthwhile investment is its token economy. When a project is set to hold a token sale, its white paper should specify how it will create a healthy balance between supply and demand of tokens. One that boosts their price. Blockchain investment expert Nick Evdokimov recently talked about ...

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IKEA Will Reduce 80% of Gas Emissions from Its Stores by 2030, Approved by SBTi

IKEA, the world’s largest furniture retail company based in Sweden which focuses on selling ready-to-assemble furniture and home accessories, has had the Science-Based Targets Initiative (SBTi) approve its plans to reduce greenhouse gas (GHG) emissions from its stores and other operations by 80 percent by 2030. Unrealistic Targets Are Difficult to Back up Scientifically Large conglomerates often resort to environmental ...

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if Implemented Right, Blockchain Will Dramatically Reduce Costs for Banks

Blockchain technology has the potential to revolutionize transaction banking according to a study by major global management consultancy firm Bain & Company, Cointelegraph auf Deutsch reports today, June 14. According to Bain, “transaction banking revenues tend to be less volatile than other types of banking revenues, and bankers can cross-sell products, which is critical for client loyalty.” Bain concludes in ...

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Blockchain Will Reduce Dominance of Tech Giants Over Consumers’ Daily Lives

Blockchain technology can transform many business models known today. Distributed ledgers are making vast inroads among various sectors and industries. Especially in the technology industry, powerhouses such as Google, Facebook and Amazon may be on the brink of losing their dominant position. Tech Companies Embrace Blockchain For most technology firms, innovative technologies are always worth checking out. This also means ...

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A Startup Uses Bitcoin to Reduce Friction of Doing Business in Africa

Bitcoin can make a positive impact on the financial industry. This is especially true when it comes to regions where financial hardship has become the new normal. Companies such as BitPesa try to disrupt the negative financial cycle in Africa by introducing Bitcoin-based solutions. Africa Needs Cryptocurrency Fighting financial hardship in Africa is no easy feat. Money is difficult to ...

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