Tagged: proof of work

Bitcoin Mining Firm Marathon Digital Announces Kaspa Mining Operations

Marathon Digital Holdings, Inc. (NASDAQ:MARA), a global firm leveraging digital asset compute to support the energy transformation, announced that the company is mining Kaspa (KAS), a proof-of-work (PoW) digital asset, “to further diversify its portfolio of digital asset compute.” Kaspa is currently the fifth largest… Read More

Bitcoin, Ethereum, Larger Crypto Market on Track to Grow Despite FTX Collapse, Global Recession Fears

  Bitcoin (BTC), the flagship cryptocurrency, has fallen from a high of nearly $70,000, which it reached in late 2022, to just over $20,000 at the time of writing. Meanwhile, Ethereum (ETH), the second-largest crypto-asset by market cap and the largest smart contract platform, has… Read More

Li Jun: Founder of Ontology Says Ethereum Merge Performance Enhancements May Take A Few Years to Become Apparent

We recently connected with Li Jun, Founder of Ontology, the project that claims it is bringing trust, privacy, and security to Web3 through decentralized identity and data solutions. Li Jun has commented on the key developments in the crypto and blockchain space following the Ethereum… Read More

Ethereum (ETH) Merge Could Lead to Development of Scalable Applications: Report

Ethereum’s Merge is due to happen soon, and it might “impact both Ether and the larger crypto market in a big way,” the Okcoin team noted. Ethereum’s proof-of-work chain will merge with its proof-of-stake chain soon, the update from Okcoin noted while adding that the… Read More

Ethereum (ETH) MainNet Shadow Fork Now Live as Transition to Proof of Stake Continues

  Ethereum’s (ETH) very first mainnet shadow fork has gone live (as of April 11, 2022). This, as the developers of the second-largest digital currency by market capitalization continue the gradual transition to a proof-of-stake or PoS (blockchain) consensus model. The shadow fork is a… Read More

Blockchain Platform Qtum Discusses Benefits of Decentralization

Decentralization is one of the core tenets or value propositions of blockchain or distributed ledger technology (DLT). As explained in a blog post by Qtum (QTUM), decentralization is the process by which the “governance activities of an organization are distributed or delegated away from a… Read More

Caleb James DeLisle: Co-founder at PKT Explains how they’ve Used Blockchain Tech to Pay Users for Contributing Unused Internet Bandwidth

CJDNS SASU, a French software R&D start-up in the PKT ecosystem, recently announced its funding agreement with NGI-LEDGER, a European Commission’s initiative that aims “to shape the development and evolution of the Internet.” The agreement secures funding for SafePKT, an initiative that aims to bring… Read More

Hedera Hashgraph Devs Report Going Carbon Negative

The team at Hedera Hashgraph has shared an update on their plans to go Carbon negative. The Hedera Hashgraph team notes that public blockchain and distributed ledger technologies (DLT) have “ushered in a new era of the web.” We now have the infrastructure required to… Read More

Blockswap DeFi App to Improve Savings Account Access on Cardano

Blockswap’s Open Saver savings account allows eligible participants to benefit from holding green cryptocurrencies without needing advanced knowledge of the sector or even personal cryptocurrency holdings. It will also help users lessen their carbon footprint. Open Saver will offer a targeted return of seven per… Read More

Ethereum “Fee Burn Proposal” May Lead to ETH Price Skyrocketing, but Many Challenges Remain, YIELD App Team Explains

The developers of YIELD App, which allows users to deposit various crypto-assets and earn competitive returns, have published a blog post that covers the controversial Ethereum Improvement Proposal or EIP 1559, the ongoing Ethereum “miner revolt” and “what it all means” for decentralized finance (DeFi)…. Read More

Bitcoin (BTC) Mining Is A “Dirty Business” because it Wastes Massive Amounts of Energy, Industry Analyst Argues

Institutional investors have been gaining more exposure to alternative assets such as Bitcoin — particularly large hedge funds. These clients are now willing to aggressively promote or defend Bitcoin’s (BTC) unpredictable and wild price fluctuations. Large publicly listed firms such as MicroStrategy believe or claim… Read More

Ethereum Is Arguably the Most Important DLT Project, but Time Will Tell if ETH2 Succeeds, Huobi Says

Huobi Global, a leading digital asset exchange, claims that when it comes to the blockchain and crypto sector, there are “arguably no blockchain projects more important than Ethereum.” The second-largest digital currency by market cap has also been credited with being “the mother of ‘Generation… Read More

Stuart Popejoy: Founder at Kadena Explains How Blockchain Will Become an Industrial Scale Technology

Kadena, the first blockchain tech-focused firm to come out of J.P. Morgan’s Blockchain Center for Excellence, confirmed in August 2020 that they had performed major updates to their scalable layer-1 public blockchain network. Kadena’s developers claim that they have one of the fastest blockchain platforms… Read More

Ethereum 2.0 Development Going Steady with Ethereum Foundation Introducing “Attack Networks” Bounty Program for Hackers for Testing Purposes

The Ethereum Foundation, an organization that supports the ongoing development of Ethereum (ETH), the largest blockchain-based network for building decentralized applications (dApps), has introduced several public “attack networks” for Ethereum 2.0, which is based on existing stable clients of the smart contract platform. These attack… Read More

As Ethereum 2.0 Mainnet Gets Ready to Launch, Co-founder Vitalik Buterin Admits Developers Overlooked Sharding, Proof of Stake Design Issues

Vitalik Buterin, the co-founder of Ethereum (ETH), the world’s largest smart contract platform, recently admitted that he would have approached the ongoing development of Ethereum a lot differently if he started building it now from scratch. Buterin, whose comments came during a recent episode of… Read More

Blockchain Infrastructure Developer Bison Trails to Add Support for Eth2, a Major System-wide Upgrade to Ethereum (ETH)

Bison Trails, a blockchain “infrastructure-as-a-service” company, revealed on July 1, 2020 that it will be adding support for Eth2, a major upcoming system-wide upgrade for the Ethereum (ETH) blockchain. Ethereum Version 2.0 (or Eth2) will involve a gradual transition from its current Proof-of-Work (PoW) consensus… Read More

ConsenSys Codefi Introduces Ethereum 2.0 Staking Pilot with Binance, Crypto.com, Huobi, Others

Binance, Crypto.com, DARMA Capital, Huobi Wallet, Matrixport, and Trustology will reportedly join the ConsenSys Codefi Staking Pilot Program, in order to gain early access to the Ethereum 2.0 staking solution. Ethereum 2.0 or Eth2 is a major system-wide upgrade to Ethereum (ETH), the world’s largest… Read More

Ethereum 2.0 has “Fatal Flaws” in the Way Staking Ended up being Implemented, Konstantin Kladko from SKALE Network Claims

The developers of Ethereum (ETH), the world’s largest smart contract platform, have been working for many years on the ongoing development of Ethereum 2.0 or Eth2, which is a major systemwide upgrade that will involve a transition from the current proof of work (PoW) consensus… Read More

New Analysis Claims that Ethereum (ETH) Price Might be Manipulated by Certain Large Crypto Exchanges and “Whales”

A recent analysis of the top 10,000 Ethereum (ETH) wallet addresses suggests that the world’s second-largest digital asset (by market cap and overall adoption) could potentially see its value increase significantly in the foreseeable future. This, as the blockchain network prepares to transition from proof-of-work… Read More

Food for Thought: Will Ethereum’s Shift to Proof of Stake, from Proof of Work, Turn it Into a Security?

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

Here is an interesting thread I was following recently on Twitter. As we all know, Ethereum is planning to change from Proof of Work (PoW) to Proof of Stake (PoS). There is no need to dive into the pros/cons .. shoulda coulda debate now, but… Read More

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