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Nalezeno "Proof of Work": 422

Hash War: Mystery Miner’s Empty Block Attack Makes ABC’s New Blockchain Almost Unusable

28.11.2020
According to various reports, the Bitcoin ABC pro-IFP chain has been under ‘attack’ for a number of consecutive days now. The mystery miner has been mining a great number of sequential blocks, but almost all of them have been empty. The miner who calls himself...

Indian exchange offers ETH staking ahead of Ethereum 2.0 launch

11.11.2020
CoinDCX users to stake on ETH 2.0 with as low as 0.1 ETH, the exchange says

Ripple's Garlinghouse disses Bitcoin's energy use in advance of Biden administration

9.11.2020
With Joe Biden being declared the next President of the United States, Ripple CEO Brad Garlinghouse is making sure his company’s messaging aligns with the new administration

Bitcoin.com Exchange to List Aspire and Aspire Gas as Newest Digital Asset Creation Platform Comes to Market

30.9.2020
Aspire (ASP) is the first digital asset creation platform to resist both mining exploits and 51 percent attacks common to proof-of-work blockchains. Its fees are a tiny fraction of creating assets on Ethereum or other platforms due to its innovative Aspire Gas (GASP) blockchain Both tokens will...

The 51% Attack Nightmare Scenario (Isn’t That Bad)

27.9.2020
An accessible, in-depth look at what's really at risk when Proof-of-Work or Proof-of-Stake blockchains suffer the dreaded 51% attack

Hash Power Broker Nicehash Denies It Enables 51% Attacks on ETC Network

9.9.2020
Hash power broker Nicehash denies that it enables bad actors to use its hash renting platform to launch 51% attacks on blockchain networks. The broker insists that it does not have any way of monitoring or determining which blockchain is benefitting from a particular algorithm hash data. Only...

Ethereum Classic’s Terrible, Horrible, No Good, Very Bad Week

10.8.2020
Ethereum Classic suffered two 51% attacks in the same week. One week later, exchanges, investors and developers are split on the implications

US Congressmen Want IRS to Balance Taxation and Innovation in the Cryptocurrency Space

6.8.2020
A bipartisan quartet of US congressmen wants the IRS taxation policy not to dissuade taxpayers from participating in blockchain token staking. These politicians believe America’s ingenuity can help drive this promising staking technology. The four congressmen are Bill Foster (D) of Illinois...

2020 Is Becoming the Year of Staking With Some Major Achievements

3.8.2020
While both PoW and PoS have a lot to offer, this year, in particular, is promising to be a special one for proof-of-stake

Triple-Entry Bookkeeping: How Satoshi Nakamoto Solved the Byzantine Generals’ Problem

3.8.2020
In 2008, Satoshi Nakamoto essentially solved the infamous computational issue called the “Byzantine generals’ problem” or the “Byzantine Fault.” Throughout the history of man, people used ledgers to record economic transactions and property ownership. A ledger is often...

Single Miner Reorgs Ethereum Classic – Devs Report a Chain Split

1.8.2020
Members of the Ethereum Classic team reported that the network suffered a reorganization (reorg) today. The blockchain network is asking service providers to halt deposits while it carries out maintenance of the chain. The latest event follows a similar attack in January 2019, which led to some...

MIT Crypto Group Researcher Says PoW Attacks Not Always Obvious

9.7.2020
James Lovejoy, a research assistant for Massachusetts Institute of Technology, or MIT, crypto and blockchain group the Digital Currency Initiative, explained blockchain attacks might not always be obvious

Avalanche Launch Fumbles: ‘A Highly-Sophisticated DDoS Attack Derailed Token Sale’

9.7.2020
On July 8, 2020, some members of the cryptocurrency community were prepared to leverage the AVA Labs Avalanche (AVAX) token sale, in order to acquire some of the highly anticipated coin on Wednesday. However, due to “record-breaking demand” and a “highly-sophisticated DDOS...

Proof-of-Work vs. Proof-of-Stake for Scaling Blockchains

23.6.2020
It’s no secret that cryptocurrency has a scaling issue, so we look at various ways either proof-of-work or proof-of-stake could be effective

Meet Mistcoin – The First Mineable SLP Token Implementation Launched on Bitcoin Cash

22.6.2020
Bitcoin Cash proponents have been introduced to a new project built using the Simple Ledger Protocol (SLP) framework called mistcoin (MIST). The new token is essentially the first mineable implementation of colored coins on Bitcoin Cash. Mist allows participants to mine the SLP tokens “using...