Recently we learned that Brisbane International Airport became the first airport in the world to accept cryptocurrency payments in all of their stores. Last week, further positive news emerged when the small coastal town of Agnes Water, just north of Brisbane in Queensland, took the lead to become the first cryptocurrency friendly town in Australia. […]
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Loki Project Melbourne Launch Party
Loki is a new transaction protocol that focuses on private, untraceable and decentralised communication. It’s an Open Source project that uses the concept of SNApps that run on incentivised “Service Nodes” (like Masternodes). Loki Messenger is the first SNApp, but it’s an open platform, running on their own blockchain, where developers can build and deploy […]
Leading the Way: Brisbane Airport Now Accepting Cryptocurrency
When it comes to cryptocurrency adoption, I’m always keen to hear more about how it’s being used locally, in real world and everyday scenarios. Local Australian startup TravelbyBit has made worldwide news with their partnership with the Brisbane International Airport in helping them to become the first airport in the world to accept payments using […]
What is a 51% Attack?
Newcomers to crypto may hear of the expression a “51% attack”. In simple terms a 51% attack is when someone controls 51% or more of a cryptocurrency’s network and can manipulate transactions. Once in control, an attacker can do what’s called “double spend”, essentially being able to spend twice (for those interested, check out the […]
Utility Tokens Versus Security Tokens: The Important Differences
When looking to launch a cryptocurrency, there are several important decisions to make. Possibly one of the most important is whether the currency (known as a token) will be utility or security-based. What’s the Difference? In short, a utility token is one that grants the user access to something. Whether it’s part of a website […]