2020-12-3 19:53 |
A new paper formally analyzing XRP’s network has concluded that there is “no consensus in the ripple network.” “Ripple’s protocol does not achieve consensus and may violate safety and liveness,... origin »
2020-12-3 19:53 |
A new paper formally analyzing XRP’s network has concluded that there is “no consensus in the ripple network.” “Ripple’s protocol does not achieve consensus and may violate safety and liveness,... origin »
Oracle platform Switchboard becomes the first crypto startup to launch a Jito node consensus network. The on-chain oracle provider announced on Jan.16 that it was launching the first Jito (JTO) node consensus network on the Solana (SOL) mainnet. An NCN…
2025-1-17 18:10 | |
When it comes to Proof-of-Stake (PoS), its primary merit of scaling the blockchain is also a critical point of weakness for it. The consensus mechanism somehow manages to challenge the very idea that The post Become an equal stakeholder in consensus with PoW on Jax.network appeared first on AMBCrypto.
2021-6-21 16:15 | |
Ethereum blockchain is in a transition period where the network is moving from a Proof-of-Work consensus to Proof-of-Stake (PoS) consensus, in order to improve the network’s scalability and efficiency.
2020-4-28 18:53 | |
The Ethereum network is experiencing a high increase of potential ETH validators in anticipation of Ethereum 2.0, an evolution that will abandon the typical PoW algorithm of blockchains such as Bitcoin and Litecoin in favor of PoS, offering a new consensus mechanism that will reduce the network complexity, making it possible to execute faster and […]
2020-4-27 15:21 | |
Bitcoin's decentralized network and its Proof of Work consensus algorithm are all fundamentally based on this intrinsic lack of trust. However, as Bitcoin has grown into the world's best-performing asThe post Is Bitcoin's trustless nature at stake in the Lightning network? appeared first on AMBCrypto.
2020-4-26 11:00 | |
Vitalik Buterin has an interesting take on how Ethereum’s proof-of-work hardware can be used once the network switches consensus algorithms
2020-4-27 01:00 | |
Two days after the unprecedented 16% Bitcoin (BTC) network difficulty adjustment and massive hashrate drop, traders lack a consensus on how it will affect the price
2020-3-27 16:05 | |
Conflux Network, a high-performance PoW public blockchain protocol, after two years of intensive work, will soon launch its mainnet. Conflux is a next-generation blockchain system with a novel consensus protocol, powering highly-scalable cryptocurrency and smart contracts.
2020-3-27 21:01 | |
The EOS Worker Proposal, which is famous for being very controversial, was announced by the most important EOS block producers that it went into its first execution stage and is supported by many participants to the network.
2020-3-26 22:41 | |
IOST, a decentralized blockchain network based on next-generation consensus algorithm “Proof of Believability” (PoB); today announced the launch of its Blockchain-as-a-service (BaaS) platform. The one-stop BaaS platform helps developers and enterprises quickly provide and establish professional and targeted blockchain solutions.
2020-3-18 18:52 | |
The Cardano network update scheduled for 20 February will be an enhanced consensus mechanism, Ouroboros BFT. A median step between the current Byron era and Shelley, the network upgrade allows stakingThe post Cardano network's OBFT hardfork receives Binance support appeared first on AMBCrypto.
2020-2-21 02:00 | |
Telegram’s blockchain network, TON announced a new whitepaper, Catchain, which outlines a new block validation process to reach a consensus. The development community successfully tested the testnet kick starting a new wave of growth on the blockchain.
2020-2-6 19:13 | |
Blockstack is rolling out a consensus mechanism that presents a fresh use case for the world's most popular cryptocurrency.
2020-2-6 19:00 | |
Сооснователь Telegram Николай Дуров описал схему работы алгоритма консенсуса Catchain Consensus Protocol, лежащего в основе блокчейн-платформы Telegram Open Network (TON). Catchain Consensus: An Outline by ForkLog on Scribd Catchain является алгоритмом Byzantine Fault Tolerant (BFT), то есть поддерживает функциональность сети даже в тех случаях, когда некоторые ее узлы ненадежны или вредоносны. Catchain будет работать до […]
2020-2-6 12:05 | |
This spring, three of the largest crypto networks, BTC, BCH, and BSV, will undergo their halvings around the same time for the first time in history. During the last halving in 2016, only one network existed, but now three protocols share the same consensus algorithm.
2020-1-28 22:05 | |
Following the implementation of a new consensus algorithm, as part of a network wide hard fork in November, Monero's hash rate has hit a new all time high. The new RandomX algorithm offers CPU mining at a competitive advantage over both GPUs and ASICs.
2020-1-27 14:00 | |
The team of Blockstack, a decentralized computing network and app ecosystem, recently proposed a potentially major improvement to the Stacks consensus algorithm. Stacks 2. 0 is expected to launch in Q2 this year and is a major upgrade of the Stacks blockchain with a new Rust implementation.
2020-1-22 13:22 | |
A blockchain is a decentralized peer-to-peer network that stores append-only (add to the end of) data and verifies the integrity of that information across the network. Collectively validating the accuracy of said data (reaching consensus) is one of the defining features of a blockchain.
2020-1-23 02:01 | |
The DApp network Echo has launched its Bitcoin sidechain in testnet, which uses a “weighted randomness” consensus mechanism to build new functionality. The post Echo Launches Bitcoin Sidechain, a Weighted Approach to More Functionality appeared first on Bitcoin Magazine.
2019-12-10 19:41 | |
Ethereum network is currently undergoing a series of upgrades which is lined up to 2021 when the Ethereum network would completely move to Proof-of-Stake (PoS) consensus from its current Proof-of-work (PoW) mining consensus.
2019-12-8 18:03 | |
BTCMANAGER recently spoke to Terrence Wang, co-founder of IOST, an ultra-fast, decentralized blockchain network based on the next-generation consensus algorithm, Proof of Believability (PoB). Wang summarized IOST’s key milestones & achievements for the year of 2019 & discussed the company’s focus in 2020.
2019-12-6 13:30 | |
The consensus mechanism is a critical blockchain component, providing a non-partisan means of establishing agreement as to the network’s current state. But ever since Bitcoin emerged in 2008, its original consensus mechanism – Proof of Work (PoW) – has been emulated and iterated, paving the way for a series of alternative algorithms with their own […] The post A History of Blockchain Consensus Mechanisms appeared first on Bitcoin News.
2019-11-26 03:30 | |
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 | |
Special thanks to Justin Drake and Jinglan Wang for feedback In 2014, I made a post and a presentation with a list of hard problems in math, computer science and economics that I thought were important for the cryptocurrency space (as I then called it) to be able to reach maturity.
2019-11-25 04:03 | |
Block reward on the Ethereum network is currently down by 1,000 ETH amid a slight increase in block time, signaling the emergence of yet another ‘difficulty bomb. ’ Miners, dApp projects, and hodlers will have some decisions to make regarding the difficulty bomb even as Ethereum moves towards a pivot to proof-of-stake (PoS) consensus.
2019-11-23 10:30 | |
Bitcoin Cash will be undergoing a planned update tomorrow on the network’s consensus rules. The upgrade will add two new features. Bitcoin Cash will be having an update tomorrow which has been planned and discussed meticulously for months.
2019-11-14 22:38 | |
FLETA, a new blockchain platform that aims to solve scalability, speed and decentralization issues, launched its mainnet on November 11. Among the innovative features, Fleta includes a novel consensus mechanism, Proof of Formulation (PoF), multi-chain architecture, and sharding.
2019-11-12 22:00 | |
Ethereum's shift from Proof-of-Work to Proof-of-Stake has been one of the most awaited network upgrades in the community for years now. The shift that would introduce Casper consensus algorithm has, hThe post Ethereum's Buterin says he was 'over-optimistic' about Serenity timeline appeared first on AMBCrypto.
2019-11-11 23:00 | |
On November 15, shortly after 12 p. m. , Bitcoin Cash (BCH) will execute an upgrade of the network’s consensus rules. After the upgrade is locked in, the next block will enforce minimal pushdata in script and the opcodes OP_Checkmultisig and OP_Checkmultisigverify will be upgraded to accept Schnorr signatures.
2019-11-9 21:30 | |
Evidenced by growing initiatives such as Lightning Network, the crypto-community has made more efforts towards improving the Bitcoin ecosystem. A recent Longhash report highlighted two currently-in-review Bitcoin Improvement Proposals (BIP) known as Schnorr and Taproot, which could push the needle further in the right direction, if they gain consensus among the nodes on the network.
2019-10-31 00:30 | |
Network consensus is one of the most important aspects of running a decentralized blockchain. Bitcoin utilizes the Proof-of-Work (PoW) consensus mechanism, and so does Ethereum – but not for long.
2019-10-29 20:00 | |
Special thanks to the Gitcoin team and especially Frank Chen for working with me through these numbers The next round of Gitcoin Grants quadratic funding has just finished, and we the numbers for how much each project has received were just released.
2019-10-30 04:03 | |
Conflux, a public blockchain system combining its unique and advanced algorithm with a novel Tree Graph (TG) structure, announced today a partnership with bloXroute Labs, creators of the first Layer-0 blockchain scalability solution.
2019-10-25 23:23 | |
Jelurida, developers of the Nxt and Ardor blockchain platforms, today announced the launch of a new package of the Ardor software, allowing users to run a full node on Android OS devices. The Ardor blockchain enables users to join the network and participate on an equal basis in the proof-of-stake consensus, creating new blocks and […] CryptoNinjas: Ardor blockchain users can now run a full node on Android OS
2019-10-22 11:43 | |
Cardstack launches Githereum live on testnet - CryptoNinjas Cardstack, an open-source framework and consensus protocol for scaling blockchain applications, announced today it has launched the first instance of Githereum on the Rinkeby test network.
2019-10-17 19:25 | |
The dreaded hard fork; a point of no return for many contentious blockchain splits in the past. But in the case of the QTUM network, it’s all a part of the plan. While Ethereum and Cardano developers continue to wrestle with questions surrounding their approach to Proof-of-Stake (PoS) consensus, QTUM developers are charging ahead with […] The post QTUM Performs First Proof of Stake Hard Fork appeared first on Crypto Briefing.
2019-10-17 17:59 | |
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.
2019-10-11 14:01 | |
In an effort to boost network growth and stability, Reddcoin announced the rollout of a New Enhanced Proof of Stake Velocity Protocol, or Enhanced PoSV v2. The latest revision of the protocol is set to go live in late October at block three million of the RDD blockchain.
2019-10-10 17:32 | |
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 | |
Block. one is planning to phase out free network resources on EOSIO after the feature allowed an attacker to exploit a smart contract for 30,000 EOS. On the heels of v1. 8, network’s first consensus hard fork upgrade, Block.
2019-10-6 20:30 | |
Blockchain interoperability platform Cosmos discloses a “high-severity security vulnerability” in consensus engine Tendermint Core
2019-10-4 14:33 | |
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 | |
Binance has formally announced they will launch a staking service for networks such as NEO, Ontology, Stellar Lumens, and Komodo, September 26, 2019. Staking has been gaining an increasing amount of attention of late as more and more network look at Proof of Stake (PoS) as a replacement for consensus through the energy-intensive Proof ofRead MoreRead More.
2019-9-27 19:00 | |
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 | |
Binance, the world's largest cryptocurrency exchange has announced a new project dubbed “Venus” that will develop digital assets pegged to fiat currencies around the world aka stablecoins. This stablecoin initiative of the exchange will see the firm utilizing its proprietary Binance Chain network— that uses “distributed proof of stake” consensus model” — and international payment […]
2019-8-19 16:19 | |
Active Stellar users have declined slightly over the past six months despite new incentive schemes for adoption. Perceptions of the project have also taken a hit due to issues regarding the Stellar consensus model - and a full network outage that occurred in May.
2019-8-13 17:00 | |
The Dash (DASH) network is now more secure than Bitcoin (BTC), according to several executives of the core team. An upgraded consensus protocol and instant-by-default transactions are expected give Dash significant advantages in user experience and the network’s utility.
2019-8-10 20:46 | |
Binance Research has published a detailed report on the newest addition to their Launchpad. Perlin is a decentralized protocol that utilizes the Proof of Stake (PoS) consensus protocol to offer high throughput and zero-confirmation transactions.
2019-8-8 13:00 | |
There is a recent global movement for policymakers to put together their heads with industry stalwarts as mass adoption is the key for blockchain to proliferate. #MetaHash, the high-performance blockchain network, is doing a great job with the #MetaGather Program, a targeted campaign to stimulate massive familiarization with blockchain.
2019-7-21 22:43 | |