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Nalezeno "Proof of Work": 422

Top 10 PoW Dominance Evaporates 9 Years Later, Only Two Proof-of-Work Coins Will Remain After The Merge

20.8.2022
The crypto community is patiently waiting for the highly anticipated Ethereum network upgrade from proof-of-work (PoW) to proof-of-stake (PoS) as The Merge is expected to happen 27 days from now. After Ethereum transitions from PoW to PoS, only two crypto assets in the top ten market cap rankings...

Data Validation and the Problem of Standards: Why it is Difficult and How to Fix it in a Decentralized Way

19.8.2022
Fabian Riewe is the Co-founder of Web3 data lake solution KYVE.__________ Data validation has always been a key factor in analyzing and clarifying data. From financial transactions completed online to approvals across computer programs, having the correct data is key. Conducting transactions...

End-of-Week Ethereum: Developers Firm Up Merge Date, Hedge Fund Investor Says Merge is ‘Not Priced In’, Aave Proposes Strongly Signaling Support for PoS

19.8.2022
Ethereum (ETH) developers firmed up September 15 as the date when the highly anticipated Merge is estimated to happen, while Aave (AAVE) seeks to "strongly signal" its support for the PoS chain instead of PoW. Meanwhile, a crypto hedge fund manager says the Merge is not yet priced in by...

CME Group to Offer Market Participants Ethereum Options 3 Days Before the Merge

19.8.2022
Three days before Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS), the world’s largest derivatives marketplace in terms of volume, CME Group, announced plans to list ethereum options. While CME’s ether options product prepares for regulatory review,...

Coinbase Could Be a Material ‘Beneficiary’ of Ethereum’s Merge Transition, JPMorgan Analyst Says

18.8.2022
JPMorgan analyst Kenneth Worthington says digital currency exchanges like Coinbase will end up being a meaningful “beneficiary” of Ethereum’s long-awaited transition from proof-of-work (PoW) to proof-of-stake (PoW). Based on $2K ethereum prices and a 5% ethereum yield...

Coinbase would rather shut down staking than enable on-chain censorship — Brian Armstrong

18.8.2022
With a ban on Tornado Cash, many DeFi proponents were worried that crypto exchanges, which are also key validators of Ethereum, would succumb to pressure and impose protocol-level censorship

Ethereum Foundation Makes It Clear The Merge Will Not Improve Fees and Throughput

17.8.2022
On Wednesday the Ethereum Foundation clarified that The Merge will not reduce onchain fees as the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoW) is now 29 days away. Amid The Merge update from the Ethereum Foundation, during the last month, Ethereum network costs...

EthereumPoW team plans to freeze selected contracts, community pushes back

17.8.2022
The PoW hard fork of Ethereum is being propagated by a set of miners, but many experts believe that the chances of it succeeding is very less

PoW Miners Rake in Profits Mining ETH Until the End, Ethash Networks Expect a Boost, JPMorgan Strategists Say ETC Could Benefit

15.8.2022
In just over a month’s time, The Merge is likely to be implemented on the Ethereum blockchain and the network’s proof-of-work (PoW) miners will be forced to mine another coin. So far, it seems ethereum miners are sticking with the PoW Ethereum chain until the very end as profits have...

The Investor’s Definitive Guide to Proof-of-Work and Proof-of-Stake (Abridged)

14.8.2022
Ethereum is moving from proof-of-work to proof-of-stake soon. In this guide, we first defend PoW (in the context of Bitcoin); second, defend PoS (in the context of Ethereum); and third, outline (some of) the trade-offs

Proposed Ethereum PoW Fork Token Loses Half Its Market Value in Less Than 6 Days

14.8.2022
In 32 days, Ethereum is expected to upgrade from a proof-of-work (PoW) consensus algorithm to a proof-of-stake (PoS) system after the network used PoW for seven years. While the testnets have implemented the new rules, most people envision a relatively smooth mainnet transition. However, another...

Ethereum Developers Looking for Potential Merge Dates

12.8.2022
During a call on Thursday, Ethereum (ETH) developers mentioned potential dates for the Merge – the massive and much-anticipated event when Ethereum moves from the proof-of-work (PoW) consensus mechanism to proof-of-stake (PoS). The dates mentioned in the document shared during the call include...

ETH PoS Upgrade to Transition on September 15 to 16 — Ethereum Devs Reveal ‘Tentative Mainnet TTD’ for The Merge

11.8.2022
Following the successful implementation of The Merge into Ethereum’s Goerli testnet, Ethereum developers confirmed during a Consensus Layer Call livestream that the highly anticipated proof-of-stake (PoS) upgrade is coming this next month on or around September 15th to the 16th. After...

No ‘Black and White’ Answer to the Proof-of-Work vs. Proof-of-Stake Question, Says Kraken

11.8.2022
The proof-of-work versus proof-of-stake face-off does not need to be a fight to the death, a new report has suggested – and a more nuanced approach could pay off for crypto players now fretting about which side of the fence they should be on. The claims were made in a report on PoW and PoS from...

Ethereum’s Goerli Testnet Implements The Merge, ETH Price Jumps 74% Higher During the Past 30 Days

11.8.2022
The Merge has successfully been implemented into Ethereum’s third and final testnet, Goerli, after previously adding Merge support to the testnets Sepolia and Ropsten. The Merge was added to Goerli at approximately 9:45 p.m. (EST) on Wednesday, transitioning to a full proof-of-stake (PoS)...