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Cybersecurity Protocol Naoris Raises $11.5M to Build Decentralized Proof-of-Security Consensus Mechanism
27.7.2022
Bitcoin whale Tim Draper was one of the lead investors in the round
BNDES Director Offers New Insights on Development of Brazilian Blockchain Network
16.3.2022
Gladstone Arantes, a director of the Brazilian Development Bank (BNDES), gave new details about the progress of the Brazilian Blockchain Network, a project that has been in development since 2018. The network will be created on top of the Hyperledger Besu 2.0, which uses a proof-of-authority...
VeChain upgrades to Proof of Authority 2.0 consensus mechanism
17.11.2021
The latest consensus mechanism upgrade is expected to improve several aspects of the network’s security and key operations while making it even more environmentally friendly
Velas Enters the Top 100 Coinmarketcap and Launches on Bitcoin.Com Exchange
20.7.2020
The blockchain network that is self-learning and self-optimizing and claims to be able to deliver up to 30,000 transactions per second with a speed of anywhere from 1 second to 2 minutes. Velas is a blockchain ecosystem that implements an AI-powered Delegated Proof-of-Stake (AIDPOS) consensus...
Blockstack Opens Testnet for New Bitcoin-Linked Consensus Mechanism
23.4.2020
Announced today, the Blockstack testnet is open. Developers can now simulate the Stacks blockchain's new, hybrid consensus mechanism, which Blockstack calls Proof-of-Transfer (PoX)
A History of Blockchain Consensus Mechanisms
26.11.2019
The consensus mechanism is a critical blockchain component, providing a non-partisan means of establishing agreement as to the network’s current state. But ever since Bitcoin emerged in 2008, its original consensus mechanism – Proof of Work (PoW) – has been emulated and iterated...
Confronting Bitcoin Network Issues Using Nakamoto Consensus and a Mining Parliament
1.7.2019
On June 28, Bitcoin Cash proponent Javier Gonzalez announced the launch of an interesting protocol called the Bitcoin Mining Parliament (BMP). The theory behind BMP is backed by the concept of Nakamoto Consensus where “miners are the executive power of Bitcoin” and “any needed...
Neo Announces New Consensus Mechanism For Its New Mainnet
4.6.2019
Neo has developed a new consensus algorithm for its mainnet v2.10.2, the delegated Byzantine Fault Tolerance mechanism 2.0