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. Ripple CEO Brad Garlinghouse thinks corporations converting cash to Bitcoin (BTC) could be making a costly mistake as a more environmentally-conscious Biden administration takes the White House in…
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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. Speaking on a Unitize digital conference panel about proof-of-work, or PoW, attacks, James Lovejoy of MIT’s Digital Currency Initiative, or DCI, said 51% attacks might not be…
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Once Ethereum becomes a proof-of-stake blockchain, what will happen to the ETH miners, and what will they do? As Ethereum is finally set to launch its Ethereum 2.0 upgrade later this year, putting an end to a long streak of delays, the network will start moving toward a proof-of-stake model. Consequently, the network will abandon…
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An analysis of the advantages and disadvantages of the blockchain protocols that are the basis of the entire industry. Bitcoin (BTC) is the largest decentralized digital currency in the world, with an estimated market capitalization of around $169 billion. In the nearly 12 years since the publication of Satoshi Nakamoto’s famous white paper in 2008,…
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One analyst suggests staking may trigger a bull run for ETH, but how likely is ETH 2.0 to generate this amount of demand? Ethereum 2.0 has dragged its feet. But when it does finally ship, it could provide the “largest economic shift in society” — or so it’s believed. The launch of ETH 2.0 is…
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This is the first part of a deep dive into the years-long debate between proponents of Proof of Work and Proof of Stake. Which one is better and why? This is the first of two articles providing a deeper dive into the eternal debate between the Proof of Stake (PoS) and Proof of Work (PoW)…
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Chinese mining ASIC manufacturer Canaan will launch new, improved mining machines with 5-nanometer chips in Q1 2020. Chinese mining application-specific integrated circuit (ASIC) manufacturer Canaan will launch new, improved mining machines with 5-nanometer chips in Q1 2020. Chinese industry news outlet 8BTC reported on Dec. 24 that the new ASICs will have significant advantages compared…
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Ethereum co-founder Vitalik Buterin has recently published an alternative proposal for an early transition to Ethereum 2.0. Ethereum co-founder Vitalik Buterin has recently published an alternative proposal for an early transition to Ethereum 2.0. In a Dec. 23 post on the ETH Research forum, Buterin has set out an “accelerated schedule” for the transition from…
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Forgoing crypto’s main principles, proof-of-authority is used by world giants and tech companies for better efficiency and scalability. While the proof-of-authority consensus algorithm is turning into perhaps one of the most mature versions of blockchain technology. It is faster than other algorithms, more scalable, and does not depend on mining. Market leaders Walmart and GE…
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The Aragon community voted against Ethereum changing its proof-of-work mining algorithm before the release of Ethereum 2.0. The Aragon community has officially proclaimed itself against ProgPOW. ProgPOW is a proposed protocol change to the Ehereum network that would close the efficiency gap available to application-specific integrated circuits. In a tweet on Nov. 2, the official…
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