Ever since the invention of Bitcoin in 2009, blockchains have wrestled with the problem of how to scale in order to meet the growing demand of digitally native users while maintaining enough decentralization to resist censorship from nation-states.
This highly delicate balancing act is commonly referred to as the scalability…
The disconnect between corporate structures and blockchains is decreasing with Accumulate. As an enterprise, you shouldn’t have to cater to the blockchain in order to use it. Instead, the blockchain can work for the corporation by replicating its structure as opposed to the other way around. With Accumulate, replicating corporate…
Decentralized prediction markets are a fascinating sector of the blockchain space that has yet to truly achieve their full potential in terms of adoption by the traditional economy.
Many people who trade futures and options today are unaware that these financial products were initially invented to enable businesses to hedge…
Paul Snow, the founding developer of Accumulate, is currently nominated by HackerNoon’s Annual Noonies Awards as Centralization Vanquisher of the Year. Learn more about Paul in the interview he completed below.
I have been deeply drawn to the blockchain sector since I first understood the idea that we can band…
Know Your Customer (KYC) is a vital element of Anti-Money Laundering (AML) regulations and compliance, and the banking and financial regulations around KYC grow more complex each year. In 2021, there was an unprecedented amount of online fraud as more businesses moved online to respond to the realities of the…
The rise of blockchain technology is forcing participants across many industries to rethink the way they store and manage data.
Naturally, the first use case for blockchains was to introduce decentralized monetary systems for accurately recording and validating transactions based on a consensus mechanism like proof of work and proof…
Accumulate enhances existing Layer 1 and 2 solutions by providing a path to high transaction rates, low predictable costs, enhanced security, URL addressing, and robust digital identity capabilities.
Using Accumulate, Dapps can funnel tens of thousands of transactions a second into their hosting Layer 1 and 2 platforms. Transactions recorded…
In a similar way to how a Kindle can minimize the weight load of carrying around millions of books, Merkle Trees allow for many transactions to be securely stored and accessed while reducing the amount of data that is required to be communicated for each validator.
Merkle Trees allow for…
2021 was a year of exponential growth for Accumulate. Some highlights include several successful testnet deployments, accelerated growth of our social communities, and of course the approval of the hard fork of Factom to Accumulate. While 2021 was a foundational time for Accumulate, it was built on top of many…
Accumulate uses a burn and mint equilibrium (BME) model for its native ACME token that trends deflationary with increasing network demand. A fixed percentage of ACME tokens are periodically minted from the unissued portion of its 500 million maximum supply and distributed to stakers and validators. Depending on transaction volume…
