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Bitcoin Taproot upgrade finally locked-in, activation set for November
12.6.2021
With Taproot achieving the 90% critical consensus mark among mining nodes, all is now set for Bitcoin soft fork activation later in November
Vitalik Buterin Says People Difficulties Not Technical Difficulties Slowed the Ethereum 2.0 Rollout
3.6.2021
The cofounder of Ethereum, Vitalik Buterin, recently discussed the highly anticipated full transition from a proof-of-work (PoW) consensus model to proof-of-stake (PoS) as its replacement. Buterin admitted at Hong Kong’s Startmeup HK 2021 Festival that the transition was taking too long...
Why On-Chain Governance Is Critical for Blockchain Growth and Longevity
3.6.2021
The decentralized properties that make blockchain architecture unique can also be its Achilles heel, demonstrating the importance of bringing network governance on-chain to promote a more inclusive and democratized consensus on network upgrades. Governance Transformation Is the Key To Unlocking...
Crypto Long & Short: What I’ve Learned in the Past Five Years
30.5.2021
Seven main takeaways on crypto markets from my time at CoinDesk. Plus: the future of the Bitcoin Mining Council
Ripple Plans to Go Public After SEC Lawsuit Over XRP Is Resolved, CEO Says
29.5.2021
Ripple could go public after the SEC lawsuit is resolved, according to CEO Brad Garlinghouse. He reportedly explained that the likelihood of this happening is “very high at some point.” Ripple CEO Brad Garlinghouse was asked at the Consensus 2021 conference on Wednesday whether Ripple...
Vitalik argues that proof-of-stake is a 'solution' to Ethereum’s environmental woes
28.5.2021
The stakes are high for the chain to transition, as those that don't risk getting 'left behind.'
Veriblock Reveals Initiative to Recycle Bitcoin’s Energy Consumption by Securing Dogecoin
27.5.2021
On Wednesday, the Veriblock project, a blockchain that leverages the implementation of proof-of-proof (PoP) consensus, announced an initiative to secure the Dogecoin blockchain using Bitcoin. The Veriblock Foundation believes the effort counters the hostile ‘Blood Bitcoin’ narrative...
Paypal to Allow Cryptocurrency Withdrawals to Third-Party Wallets
27.5.2021
Payments giant Paypal will soon allow its users to transfer cryptocurrencies away from its platform to third-party wallets, the company’s head of cryptocurrency reportedly revealed. Paypal has been seeing tremendous growth in its crypto business. Paypal to Support Crypto Transfers...
Chia Is Eyeing to Launch an IPO This Year
27.5.2021
Chia, a cryptocurrency project created in 2018 that uses storage for its consensus, is eyeing a public offering this year, according to statements from its COO, Gene Hoffman. The company just received an influx of investments that are pointing it to become the next ‘green bitcoin...
DBS Bank CEO: We Have Twice as Many Engineers as Bankers
26.5.2021
Banks and financial regulators should facilitate the tokenization of the financial system, DBS CEO Piyush Gupta said during Consensus 2021
Foundry’s Mike Colyer on US-China Mining Rivalry and Why Clean Bitcoin ‘Makes No Sense’
18.5.2021
The New York miner says, "We're seeing a lot of hashrate start to come to the U.S." and many states have friendlier regulations these days
As Bitcoin Drops in Value, Proof-of-Stake Tokens That Use Less Energy See Double-Digit Gains
15.5.2021
Crypto markets have been very volatile in recent times and a great number of digital assets have dropped more than 30% in value during the last three days. Although, not all the coins in the crypto economy are doing badly, as coins that do not leverage proof-of-work (PoW) consensus algorithms have...
Avalanche Web Wallet Stalls For 6 Hours After Avalaunch Airdrop Snapshot
4.5.2021
The Avalanche cryptocurrency, the first cryptocurrency ever to implement the Avalanche consensus, experienced an outage of service yesterday when its web wallet presented an outage that lasted for six hours. This was the consequence of severe congestion due to an airdrop carried out by AvaLaunch...
Ripple’s Chris Larsen Believes Bitcoin Dominance Could Fall Over Proof-of-Work’s Energy Consumption
25.4.2021
Ripple Labs cofounder Chris Larsen has a bone to pick with bitcoin and crypto networks that leverage proof-of-work (PoW). Larsen’s latest write-up explains that the crypto industry needs to reconsider PoW because of the effects on the environment. The Ripple executive believes that other...
Bittorrent Creator Bram Cohen’s Crypto Project Chia Sparks Hard Drive and SSD Shortages
25.4.2021
On May 3, tokens stemming from the Chia network, a smart transaction blockchain created by the Bittorrent creator Bram Cohen, will start trading and transactions will be fully enabled. Rather than leveraging the proof-of-work consensus algorithm, Chia will utilize a model called proof-of-space...
Torum Closes Million Dollars Private Round to Create Social Media Platform With NFT and DeFi
23.4.2021
PRESS RELEASE. Torum, a social media platform specially designed for cryptocurrency users, is proud to announce that the project is now backed by some of the most promising VCs in the crypto industry. The $1.45M private round was participated by 13 private investors which consist of AU21 Capital...
Validator Entry Thresholds on the Decline as Cloud-Based Staking Challenges Surmounted
12.3.2021
Through the novel use of hardware security modules in conjunction with a communication module, a collaboration between Bluzelle and Equinix will significantly reduce the barriers preventing the equal distribution of opportunities for potential proof-of-stake (PoS) node validators. Lower Cloud...
US Library of Congress report highlights proof-of-stake tax blindspot
4.2.2021
The taxman still isn't wise to cryptocurrency earnings made through proof-of-stake. But that could change soon
IOST in the First Batch of Blockchains to Support HUSD Stablecoin
13.1.2021
PRESS RELEASE. IOST, an enterprise-grade, decentralized, and ultra-fast network oiled with the Proof-of Believability consensus algorithm, is integrating the HUSD stablecoin, according to an announcement on 13 Jan 2021. HUSD is a safe and secure dollar-pegged stablecoin issued by Stable Universal...
Mining Rig Makers Race to Create Next-Gen Ethereum Miner Before Staking-Only Kicks In
21.12.2020
The Ethereum network’s 2.0 transition has pushed the protocol to become one of the largest staking networks in the world with 1,683,905 ether locked into the contract worth $1 billion today. According to reports from China, while proof-of-work ethereum miners have two years left to mine...