Search

Nalezeno "Proof-of-work": 351

Centralized Mining Pools ‘Antithetical to the Ideals That Gave Rise to BTC and the Blockchain Movement’ — Tomer Afek

22.10.2023
The apparent centralization in both proof-of-work and proof-of-stake protocols is “tragic because it’s antithetical to the cypherpunk ideals” that birthed the the bitcoin and blockchain movement, Tomer Afek, the CEO at the crypto platform Spacemesh, has argued. To back this assertion...

EU Seeks More Data on Crypto’s ‘Significant’ Environmental Harm

28.9.2023
The bloc’s executive arm is commissioning a $842K study as it considers what to do about energy-hungry proof-of-work technology

Grayscale officially abandons post-Merge PoW Ethereum tokens

20.9.2023
One year after the Ethereum Merge, Grayscale has finally taken a decision to abandon all the rights to proof-of-work Ethereum tokens

Deciphering the Differences Between Proof-of-Stake and Proof-of-Work

17.9.2023
As cryptocurrencies continue to evolve, two key consensus mechanisms have emerged for validating transactions on the blockchain: proof-of-work (PoW) and proof-of-stake (PoS). This explainer will examine how these protocols differ and the unique benefits and drawbacks of each. Consensus Mechanisms...

Ethereum Hard Fork Coin ETHW Down More Than 95% Since The Merge

13.9.2023
Nearly a year after Chandler Guo — the instigator of the Ethereum blockchain’s last hard fork — predicted its rise, the native coin of the breakaway Ethereum proof-of-work blockchain has plummeted by more than 95%. Ethereumpow (ETHW) now trades at a price less than 1% of...

All about the ‘Proof-of-Work Summit’, taking place in Prague on September 25-27, 2023!

22.8.2023
The ETC Cooperative and Litecoin Foundation have joined forces to bring the first ‘Proof-of-Work Summit’ to life in Prague, Czech Republic, from September 25 to 27, 2023. It seemed fitting that the first Proof-of-Work (POW) Summit be hosted in Prague – the birthplace of...

The last Bitcoin: What will happen once all BTC are mined?

21.7.2023
According to some experts, miners will always be essential to the Bitcoin ecosystem, even after mining the last coins

Microstrategy’s Saylor Envisions Bitcoin-Only Future for Crypto Industry as US Regulators Hammer the Sector

15.6.2023
According to Microstrategy founder Michael Saylor, regulators perceive no “legitimate path forward” for cryptocurrencies such as stablecoins, crypto securities, and tokens. In an interview with Bloomberg on Tuesday, Saylor emphasized that the entire industry is bound...

Crypto industry 'destined' to be BTC-focused due to regulators: Michael Saylor

14.6.2023
The MicroStrategy co-founder believes crypto-related regulatory enforcement action will play in Bitcoin's favor

Quantum Computing Meets Blockchain: Scientists Propose New Version of Proof of Work Consensus – Future of Crypto?

2.6.2023
A newly published research paper from a team of researchers from Australian and American universities, in collaboration with quantum technology company BTQ, has proposed a new approach to the proof-of-work (PoW) consensus mechanism based on boson sampling. The proposed proof-of-work system, known...

Scientists propose quantum proof-of-work consensus for blockchain

1.6.2023
Boson sampling was once considered a problem looking for a solution. Now, it might be the bridge that brings quantum computing to the blockchain

ASIC Heavyweights: These Are the Most Profitable Proof-of-Work Algorithms in 2023

24.5.2023
Eight months ago, there was a significant transformation in the realm of lucrative proof-of-work (PoW) mining algorithms when Ethereum made the transition from PoW to proof-of-stake (PoS). During that period, the prevailing consensus algorithms for mining were Kadena, Scrypt, and Cuckatoo32....

Bitcoin and proof-of-stake have natural ‘synergy’: Bitcoin Builders 2023

18.5.2023
Stanford University professor David Tsè said his team’s research had revealed a security property between Bitcoin and proof-of-stake protocols

Ethereum’s Shapella Upgrade to Enable Staking Withdrawals Set to Go Live on April 12

12.4.2023
The Ethereum blockchain is set to undergo its next major update since the network switched from proof-of-work to proof-of-stake through The Merge. The upcoming upgrade, dubbed “Shapella,” which combines the Shanghai and Capella validator changes, is expected to take place on April...

Bill protecting Bitcoin mining rights passes in Arkansas Senate and House

8.4.2023
The Arkansas Data Centers Act is moving now to the governor's office for approval. It grants crypto miners in the State the same rights as data centers

Everstake CEO: Many Delegators Fail to Understand What Staking Is - And It May Lead to Trouble

2.4.2023
Sergey Vasylchuk is the Co-founder & CEO of the staking provider Everstake.__________ Our company, Everstake, has been in the validation business for almost five years. And while our revenue model heavily relies on incentivizing people to stake their crypto, seeing that some of them don’t really...