Proof-of-work Financial News

20.09 / 10:27

Blockchain Ethereum Grayscale proof-of-work Proof-of-stake Grayscale officially abandons post-Merge PoW Ethereum tokens

Major cryptocurrency investment firm Grayscale has finally taken a decision to abandon all the rights to the post-Merge proof-of-work (PoW) Ethereum tokens (ETHPoW).

31.10 / 06:13

Blockchain Adoption White Paper Hash Rate proof-of-work Cryptography Bitcoin white paper turns 15 as Satoshi Nakamoto’s legacy lives on

Today marks 15 years since the pseudonymous creator of Bitcoin, Satoshi Nakamoto, shared the Bitcoin (BTC) white paper to a mailing list of cryptographers on Oct. 31, 2008 — a date also annually celebrated as Halloween.

28.09 / 17:03

Blockchain Ethereum Tokens proof-of-work Proof-of-stake Loans network Multichain Real-world asset-focused network hits key milestone in journey to multichain future

Creditcoin, a pioneering platform for real-world asset innovations that enables unbanked consumers to build a credit history on Web3, has announced the launch of the latest upgrade of its mainnet. This new release upgrades the RWA-focused blockchain consensus to nominated proof-of-stake (NPoS) and aims to improve on-chain liquidity for both borrowers and fintech lenders, emphasizing the principles of auditability, transparency and trust.

18.09 / 15:03

defi Analysis Opinion proof-of-work Proof-of-stake DLT Tech Decentralized finance needs alternatives to blockchain

One of the laziest and most frustrating criticisms of digital currencies — particularly Bitcoin (BTC) — is when pundits liken it to a pyramid scheme dependent on the “greater fool” joining to make a quick buck. While some people do indeed purchase digital assets purely for speculative purposes, it’s unfair to ignore many of the great services and achievements that are being made by developers in areas such as remittances, logistics, financial inclusion and intellectual property.

22.07 / 11:21

Blockchain Technology defi proof-of-work Proof-of-stake Tech What is the difference between DApps and protocols?

In recent years, the rise of blockchain technology has paved the way for groundbreaking innovations in the realm of decentralized systems. Among the revolutionary concepts are decentralized applications (DApps) and protocols. While both are integral components of the decentralized ecosystem, they serve distinct purposes and play different roles.

21.07 / 13:51

Adoption Mining proof-of-work Bitcoin Regulation Bitcoin Bitcoin Price The last Bitcoin: What will happen once all BTC are mined?

Satoshi Nakamoto mined the genesis block on Jan. 3, 2009, minting the first 50 Bitcoin (BTC) in history and kicking off what would become a billion-dollar industry centered around mining crypto. However, with a cap on Bitcoin supply, the fate of miners after the last coins are issued is unclear.

12.06 / 07:39

Blockchain Ethereum proof-of-work Decentralization Consensus Stanford University Bitcoin stake How Bitcoin can help secure proof-of-stake blockchain protocols

The proof-of-work consensus mechanism of Bitcoin (BTC) could become a useful means of securing a variety of proof-of-stake (PoS) smart contract blockchain protocols thanks to efforts from a Stanford University professor.

02.06 / 12:17

Blockchain UPS Twitter BLOCK Mining proof-of-work Bitcoin Future Quantum Computing Meets Blockchain: Scientists Propose New Version of Proof of Work Consensus – Future of Crypto?

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.

18.05 / 11:33

event Blockchain proof-of-work Proof-of-stake Bitcoin Community Stanford University Bitcoin stake Bitcoin and proof-of-stake have natural ‘synergy’: Bitcoin Builders 2023

Less than a year after proof-of-stake (PoS) became the consensus mechanism for the Ethereum blockchain — the industry’s largest blockchain network — researchers have found that PoS can complement Bitcoin.

08.04 / 21:45

Mining regulation proof-of-work Bitcoin rights Bill protecting Bitcoin mining rights passes in Arkansas Senate and House

A bill seeking to regulate Bitcoin mining activity in the State of Arkansas has passed in both the House of Representatives and Senate, moving now to the governor's office for approval.

08.04 / 10:21

Ethereum defi privacy Web3 proof-of-work Proof-of-stake Defi Security Missing DeFi security layer found in a new company release

Blockchain tokenization experiments began in 2012 with “colored coins.” However, despite this initial release, many agree that it wasn’t until 2014 that tokenization’s full potential was achieved with the release of the scripting language that allowed complex programs and applications on Ethereum to interact with each other and with the Ethereum network. With the ability to issue custom assets without the burden of maintaining an entire blockchain infrastructure, over 600,000 token contracts were deployed on the Ethereum mainnet, initiating an up-and-coming digital token economy.

31.03 / 19:23

Blockchain proof-of-work Research MIT Bitcoin MIT Space Force major proposes Bitcoin mining as cybersecurity tool

An active-duty United States Space Force astronautical engineer is proposing to the Pentagon a cybersecurity tool capable of transforming the country's national security and even the base-layer architecture of the internet: Bitcoin (BTC).

17.03 / 13:21

business Ethereum SEC Grayscale proof-of-work Proof-of-stake Post-Merge Ethereum: Grayscale extends review of ETHPoW decision

Cryptocurrency investment firm Grayscale Investments is taking more time to decide whether it should acquire and sell post-Merge forked Ethereum tokens.

16.03 / 22:57

Blockchain Ethereum proof-of-work Proof-of-stake Hard Fork Ethereum core developers set April 12 for Shanghai hard fork

A target date for the highly anticipated Shanghai hard fork has now been set: April 12. Ethereum core developers approved the target deadline during the All Core Developers Execution Layer #157 call on March 16.

10.03 / 04:03

business Mining proof-of-work ASIC Bitcoin 'Bad batch' or flawed design? Compass Mining flags problems with new ASIC miners

Bitcoin mining company Compass Mining claims to have found “three issues” in the ASIC design of the two new Antminer S19 miners, units that are primarily used to mine Bitcoin (BTC).

04.02 / 14:15

Blockchain Technology proof-of-work Proof-of-stake Ecosystem stake Proof-of-Stake-and-Activity (PoSA): A consensus mechanism for the new era in Web3

Blockchain technology has disrupted various industries by providing a secure decentralized platform for transactions and data storage. The consensus mechanism is one of the most critical components of any blockchain out there, as it ensures its reliability and security. In recent years, new consensus mechanisms have been introduced, and existing ones have been improved to cater to the growing demands of the industry.

01.02 / 00:47

regulation proof-of-work Energy Consumption lawmakers US lawmakers Bitcoin mining advocate is going state-to-state to educate US lawmakers

Dennis Porter, chief executive officer of the Satoshi Action Fund, is taking the fight for hearts and minds on Bitcoin mining to Washington, D.C. and beyond in an effort to support friendly legislation.

31.01 / 22:27

Dogecoin markets Blockchain litecoin proof-of-work POW Bitmain stake Rumor has it that Dogecoin could shift to proof-of-stake — What does that mean for miners?

There are rumors that Dogecoin could switch from proof-of-work to proof-of-stake (PoS).

26.01 / 14:33

Blockchain Mining wallet proof-of-work Electricity Smartphone Bitcoin How to mine Bitcoin at home

Bitcoin mining (BTC) is the process of adding transactions to the Bitcoin blockchain, a decentralized public ledger of all Bitcoin transactions. Miners use powerful computers to solve complex mathematical puzzles, known as proof-of-work (PoW), to validate transactions and add them to the blockchain. In return, miners receive newly minted BTC as a reward for their work.

18.01 / 15:35

markets Ethereum Ethereum 2.0 proof-of-work Ethereum price technicals hint at 35% gains versus Bitcoin in 2023

Ethereum’s native token, Ether (ETH), could grow by 35% versus Bitcoin (BTC) this year to hit 0.1 BTC for the first time since 2018 as it forms a classic bullish continuation pattern.

16.01 / 13:53

MARKET Mining proof-of-work Bitcoin Hive Blockchain Shares Are Up 100% YTD, Deploys Intel’s Blockscale Chip For Bitcoin Mining Machines

The shares of Bitcoin (BTC) mining firm Hive Blockchain (HIVE) are up more than 100% since the year began, while it just recently deployed its first machines based on Intel's (INTC) Blockscale chips.

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