2019-10-11 14:01 |
The network is set to drastically change it’s consensus algorithm from CryptoNight to Random X at the end of November. The goal of the new algorithm is to help remove ASICs from the network permanently by giving CPUs a competitive mining advantage. origin »
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The Monero network is due for a drastic change to its consensus algorithm, moving from CryptoNight to Random X over the course of the next week. The goal of the new algorithm is to help remove ASICs from the network permanently by giving CPUs a competitive mining advantage.
2019-11-25 14:01 | |
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At Devcon 5 in Osaka, Japan, Ethereum Co-founder Vitalik Buterin gave a keynote address and spoke about the plan to move to a proof-of-stake consensus algorithm over the next few years. In his comments, Buterin said that the new consensus algorithm will make the network safer and more expensive to attack.
2019-10-9 15:30 | |
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Another altcoin network is pivoting to a new algorithm to prevent mining centralization. . Ravencoin, a network for asset tokenization, is expected to implement a hard fork tomorrow over fears that nearly 50% of the network is controlled by ASIC miners.
2019-9-30 17:41 | |
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Cardano (ADA), the 12th largest distributed ledger technology (DLT) project in the world, has achieved another significant milestone in its journey towards full decentralization. The Cardano team has successfully launched the networked Shelley testnet, which it says is the first decentralized implementation of the Ouroboros Genesis consensus algorithm, according to a blog post on SeptemberRead MoreRead More.
2019-9-28 09:00 | |
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IOST partners with Asia co-work space firm JustCo on blockchain project incubator - CryptoNinjas IOST, a blockchain network based on the consensus algorithm “Proof of Believability” (PoB), has announced a new partnership with JustCo to unveil the IOST Launchpad, a global initiative to give blockchain founders building on IOST a platform to launch, market and accelerate their growth.
2019-9-18 21:13 | |
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Blockchain security and scalability are fundamental aspects of an asset’s decentralized network. Major digital currencies, including the likes of Bitcoin and Ethereum, received criticism largely because of their scalability issues.
2019-9-3 22:03 | |
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As most of our regular readers are well aware of, Bitcoin is a decentralized peer-to-peer network wherein each separate tx is secured using a SHA26 algorithm. Also, it is worth noting that peers on the network are required to invest a certain amount of their computational power (hash power) to verify each individual transaction. In […]
2019-8-12 19:50 | |
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A decade ago when Satoshi Nakamoto unleashed the Bitcoin network, the security behind the protocol was guarded by only a few miners. These days, mining the SHA-256 algorithm has become a thriving industry that hasn’t stopped growing.
2019-8-12 20:00 | |
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Bitcoin is a decentralized peer-to-peer financial network where all transactions on the network are verified by a peer, instead of a centralized authority. Each transaction on the Bitcoin network is encrypted with SHA26 algorithm with a predefined output.
2019-8-11 21:30 | |
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Earlier this year, Google teased a neural network-powered algorithm that could do speech-to-speech translation in real-time. As impressive as that might be, the app was mostly inaccessible to people with speech impediments.
2019-7-18 17:43 | |
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To ensure ASIC mining rigs aren't built for the network's GPU-friendly mining algorithm, privacy-focused cryptocurrency Grin executed the first of four planned hard forks spread out over the network's first two years.
2019-7-18 23:49 | |
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With Beam set to fork on August 15, the network upgrade will add a new minimum transaction fee and implement an ASIC-resistant proof-of-work algorithm dubbed Beam Hash II.
2019-7-17 18:38 | |
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The IOTA Foundation recently presented a research paper with a novel algorithm for improving the network’s ability to combat spam attacks and congestion. The algorithm takes elements from proof-of-work algorithms, like Bitcoin’s, and proof-of-stake algorithms, like that being developed for Ethereum.
2019-6-26 22:39 | |
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Monero (XMR) spikes 25. 3 percent RandomX under audit In Monero, decentralization is vital. As a result, the next enhancement of its mining algorithm, via RandomX, is a step in the right direction.
2019-6-22 10:04 | |
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Ethereum’s developers are working to deploy another hard fork called Istanbul. At the moment, there are 28 proposals (EIPs), which include changes to the mining algorithm, code execution, pricing mechanism, and data storage process.
2019-6-18 01:00 | |
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Pending a successful audit, the network will drastically change its consensus algorithm from CryptoNight to Random X this coming October, in a bid to remove ASICs from the network permanently.
2019-6-14 15:01 | |
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To stave off ASIC miners, Monero developers have regularly forked the network to middling success. Now that ASIC manufacturers can produce chips faster than Monero can hard fork, Monero developers are moving forward with a new mining algorithm dubbed "RandomX," which is designed to render ASICs non-competitive.
2019-6-13 19:17 | |
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While the crypto world was on disarray on January 7, 2019, following a 51 percent attack on the Ethereum Classic network, the XRP Army was on a Ripple marketing spree. Ripple’s top brass, beginning with.
2019-6-5 11:46 | |
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The anonymous cryptocurrency Monero plans to carry out a hard fork to make the network resistant to ASIC miners in an attempt to promote network decentralization. The erstwhile Cryptonight algorithm is likely to be removed in favor of RandomX to keep mining centralization at bay, June 4, 2019.
2019-6-4 17:00 | |
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Monero plans to switch to a proof-of-work algorithm in October in order to replace the current system, which involves hard forking the network once every six months.
2019-5-28 23:44 | |
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Zoptax is truly decetralized VOIP application which provide complete security for its user when they are connected to each other using Zoptax Network. Becuase of blockchain there is no possiblity of centralized authorities to intercept between a connection.
2019-5-23 17:44 | |
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Facebook’s biggest money-spinner is its News Feed, and the company has announced yet another key change to the algorithm. In a fresh announcement, the social network said that it’s leveraging new signals such as user surveys to prioritize posts from close friends and content you might find worthwhile.
2019-5-17 16:28 | |
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Facebook’s biggest money-spinner is its News Feed, and the company has announced yet another key change to the algorithm. In a fresh announcement, the social network said that it’s leveraging new signals such as user surveys to prioritize posts from close friends and content you might find worthwhile.
2019-5-17 16:28 | |
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GitHub was run through a reputation algorithm to get the network value of each project hosted there. Check the top 100 projects
2019-5-16 09:54 | |
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Bitcoin is a peer-to-peer payment system created in 2009. It is the first open source digital currency, managed by an open source software algorithm that uses the global internet network both to create the Bitcoins as well as to record and verify transactions.
2019-5-15 01:47 | |
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Coinspeaker DENcoin Uplifts E-Commerce and Referral Platforms with DenMartDENcoin is introducing a brand-new digital payment system. It is a utility token that links buyers, sellers and investors in the Denmart marketplace.
2019-5-13 12:47 | |
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On Wednesday, May 15, the Bitcoin Cash (BCH) network will be upgraded to incorporate the highly anticipated Schnorr signature algorithm, a digital signature scheme widely known for its simplicity.
2019-5-12 18:55 | |
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When assessing the seemingly countless blockchain platforms appearing in recent years, neither users nor critics fail to emphasize scalability. Recently, with the development of sharding technology, real improvements are being made in the area of blockchain scalability.
2019-5-10 15:44 | |
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Coinspeaker Alephium Pushes the Boundaries of Blockchain Performance & ScalabilityAlephium, the brainchild project of Cheng Wang, aims to scale blockchains to handle tens of thousands of transactions per second in an open, permissionless network.
2019-5-10 11:06 | |
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Two years ago, engineers released DeepBach, a neural network that generates Baroque anthems almost indistinguishable from Bach’s, but still nobody can decide if it’s really music. DeepBach is so skilled at replicating Bach that more than half of those surveyed had attributed its computer-generated melodies to the man himself — despite music students and professionals making up 25 percent of respondents.
2019-5-8 19:08 | |
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Ontology introduced its VBFT consensus algorithm last year and the project has continued to build momentum over the past several months. This is big news in the world of blockchain as the PoW and BFT consensus algorithms are what most mainstream public chains are using today.
2019-4-24 10:34 | |
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CryptoNinjas IOST, a recently launched blockchain network based on the next-generation consensus algorithm “Proof of Believability” (PoB), today announced a strategic partnership with Force Protocol.
2019-4-22 20:48 | |
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POA is underrated. Period. Let’s Explore why? Strong Fundamentals POA Network is an open-source, public sidechain of the Ethereum protocol, which uses a Proof-of-Authority algorithm as its consensus system.
2019-4-13 11:45 | |
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If you ask its official website, Bram Cohen’s Chia project is the first “enterprise” digital currency. Forget Ripple, Stellar, or the host of stablecoins launched over the past couple years. It’s Chia – the “green” crypto project developed in answer to the question of Bitcoin’s high resource usage, which is the first enterprise-grade cryptocurrency.
2019-4-3 11:30 | |
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A new ProgPoW algorithm which has the potential to make Ethereum network resistant to ASIC mining recently started gaining a lot of support from ETH network participants. However, the new situation has also inspired a number of rumors, debates, and even conspiracy theories.
2019-3-15 21:42 | |
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As ASIC-resistant ProgPoW gets the users support, more questions appear on whether the algorithm introduction will protect the Ethereum network from centralization
2019-3-14 13:14 | |
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The code designed to enact ethereum’s next system-wide upgrade, Istanbul, may feature the inclusion of a controversial mining algorithm said to allow for broader participation in its network. Discussed Tuesday during a meeting of project managers working on the world’s second-largest blockchain, Ethereum Improvement Proposal (EIP) 1057, also known as Progressive Proof-of-Work (ProgPoW), has been long debated. […]
2019-3-13 23:15 | |
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There’s a monumental shift planned for the second largest cryptocurrency by market cap. Ethereum is edging closer to its new consensus algorithm, which promises to fix the platform’s scalability and transaction throughput bottlenecks – but a new industry report claims it might not work.
2019-3-7 18:15 | |
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Coinbase’s Director of Institutional Sales, Christine Sandler, said in an interview last week that, in part, the exchange acquired controversial software firm Neutrino because its prior blockchain analysis providers were selling customer data.
2019-3-5 23:58 | |
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Mining is a crucial part of any Proof-of-Work protocol and is integral in maintaining the decentralized, secure nature of a blockchain. Bitcoin employs a typical PoW algorithm which has miners maintaining and verifying the network, making sure that the network is secure, democratic, immutable, trustless, and in theory more scalable than the average centralized database.
2019-2-24 14:59 | |
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Some three million eth are currently voting in favor of a proposed algorithmic change of ethereum’s Proof of Work (PoW) with the aim of removing asics from the network. 2,926,304... The post Half a Billion Worth of ETH Vote in Favor of ProgPoW, is Ethereum Really Changing its Algorithm? appeared first on Trustnodes.
2019-2-22 21:38 | |
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China-based mining giant Bitmain has announced a new mining rig that uses less power. The hardware mining manufacturer has launched a 7nm application-specific integrated circuit (ASIC) processor dubbed the BM1397.
2019-2-19 00:53 | |
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Since it came to life in early 2009, Bitcoin has begun disrupting the world of finance. Over the years, this decentralized digital currency came to mean different things for different people.
2019-2-18 18:30 | |
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Monero developers are set to fork the network in their continued efforts to brick application specific integrated circuit (miners) on the blockchain. The move should significantly lower hash rate allowing small-scale mining operations running graphics processing units (GPUs) to compete favorably and make the network’s PoW algorithm less ASIC-friendly.
2019-2-14 02:00 | |
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The share of miners using ASICs still accounts for the bulk of the Monero network hashrate. ASIC miners dominate the Monero blockchain, despite changing the algorithm and hard forks.
2019-2-17 14:52 | |
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After Ethereum core developers expressed broad support in January for ProgPoW—an ASIC resistant upgrade to the Ethereum network—the Ethereum community raised concerns that the highly anticipated patch may cause the same problem it was intended to solve.
2019-2-3 12:36 | |
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Blockchain startup Blockstack has revealed the company is in the midst of developing a new distributed ledger protocol called Stacks, a chain that leverages the hash power from the Bitcoin Core (BTC) network.
2019-2-3 03:17 | |
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During a public call Friday, a tentative decision on whether to implement the ethereum network's ProgPoW update was postponed.
2019-2-2 21:00 | |
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In a recent blog post, Michael Dubrovsky, the founder of PoWx, explains how the Optical Proof-of-Work (oPoW) works and how it can help Bitcoin (BTC) scale and reduce energy consumption. At the moment, Proof-of-Work (PoW) activities to secure the Bitcoin network require a lot of energy to power the ASIC mining hardware. This is something […]
2019-1-28 23:19 | |
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Gennaro D'Urso is the founder of Pharma Collective and Israel Mersky is the Director at Pharma Collective. Gennaro has a background in science and entrepreneurship, while Israel comes from the advertising industry and has experience in the pharmaceutical psychedelic space.
Jasper De Gooyer is the co-founder and CTO at SEDA, a multichain, permissionless protocol connecting real-world data to any network on-chain.
Bitget, top global cryptocurrency exchange and Web3 company, is responding to trader demand and is to list SKALE (SKL). The SKALE Network is designed to enhance the scalability and efficiency of Ethereum-compatible applications.
VALR, Africa's largest cryptocurrency exchange by trading volume, has launched perpetual futures trading, featuring the world's first Bitcoin and USDT perpetual futures paired against the South African Rand.
Controversial crypto exchange Binance has appointed Richard Teng as its new CEO. The appointment follows the resignation of former CEO Changpeng “CZ” Zhao who pleaded guilty to charges levied against him by the U.S. Department of Justice.
Binance founder Changpeng “CZ” Zhao will reportedly step down as CEO of the world's largest cryptocurrency exchange as part of a $4.3 billion settlement with the United States Department of Justice (DOJ).
Since its 2009 inception, Bitcoin has heralded a shift from traditional to decentralized finance (DeFi), signaling the future of financial markets. Today, the crypto landscape extends beyond Bitcoin, with multiple projects contributing to a dynamic ecosystem of financial innovation.