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Mining Difficulty (MD) Influences Behavior of Miners on the Bitcoin (BTC) Network
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 […] дальше »
2019-8-12 19:50 | |
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Bitcoin Mining Industry’s Exponential Growth Just Won’t Stop
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. дальше »
2019-8-12 20:00 | |
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Bitcoin’s mining difficulty is crucial to determining the behaviour of miners on the network
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. дальше »
2019-8-11 21:30 | |
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Google’s Parrotron AI helps people with speech impediments talk freely
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. дальше »
2019-7-18 17:43 | |
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IOTA Foundation showcases improved algorithm with better security and scalability
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. дальше »
2019-6-26 22:39 | |
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28 Ethereum EIPs Are Preparing for Istanbul Hardfork
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. дальше »
2019-6-18 01:00 | |
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Monero Price Analysis - Consensus algorithm change slated for October
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. дальше »
2019-6-14 15:01 | |
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Monero Looks For More Permanent Solution To Push Back Against ASIC Miners
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. дальше »
2019-6-13 19:17 | |
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Monero Hard Fork: Battling Mining Centralization with ASIC Resistance
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. дальше »
2019-6-4 17:00 | |
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Monero Partners With Arweave To Implement Proof-Of-Work Algorithm
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.
дальше »2019-5-28 23:44 | |
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Facebook tweaks News Feed to favor close friends and ‘worthwhile’ content
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. дальше »
2019-5-17 16:28 | |
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Facebook changes its News Feed algorithm to favor close friends
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. дальше »
2019-5-17 16:28 | |
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Bitcoin Tax Free Countries – In These Countries You Pay 0% Tax On Your Bitcoin And Crypto
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. дальше »
2019-5-15 01:47 | |
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DENcoin Uplifts E-Commerce and Referral Platforms with DenMart
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. дальше »
2019-5-13 12:47 | |
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Schnorr Signatures Are Coming to Bitcoin Cash – Here’s What You Should Know
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. дальше »
2019-5-12 18:55 | |
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Alephium Pushes the Boundaries of Blockchain Performance & Scalability
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. дальше »
2019-5-10 15:44 | |
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Alephium Pushes the Boundaries of Blockchain Performance & Scalability
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. дальше »
2019-5-10 11:06 | |
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Who are the creators of AI-generated art — programmers or machines?
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. дальше »
2019-5-8 19:08 | |
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Ontology’s VBFT Algorithm Sets New Standard for Blockchain Consensus
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. дальше »
2019-4-24 10:34 | |
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IOST partners with The Force Protocol to support cross-blockchain capabilities
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. дальше »
2019-4-22 20:48 | |
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Bitcoin Killer? What’s New And Old With BitTorrent Inventor Bram Cohen’s ‘Chia’
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. дальше »
2019-4-3 11:30 | |
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New ProgPoW for Stopping ASIC Mining on Ethereum Network Gains Support Within Community
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. дальше »
2019-3-15 21:42 | |
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Ethereum’s ProgPoW Mining Change to Be Considered for Istanbul Upgrade
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. […] дальше »
2019-3-13 23:15 | |
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Research: Ethereum’s new economic model not ‘lucrative enough’ to keep it secure
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. дальше »
2019-3-7 18:15 | |
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Coinbase Bought Neutrino Because Its Old Analysis Providers Sold User Data
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. дальше »
2019-3-5 23:58 | |
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Best Bitcoin Mining Pools 2019
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. дальше »
2019-2-24 14:59 | |
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Half a Billion Worth of ETH Vote in Favor of ProgPoW, is Ethereum Really Changing its Algorithm?
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. дальше »
2019-2-22 21:38 | |
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Bitmain Unveils Its Latest Energy-Efficient Mining Chip for Bitcoin
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. дальше »
2019-2-19 00:53 | |
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Monero Set for Hard Fork to Brick ASIC Miners
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. дальше »
2019-2-14 02:00 | |
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Will Ethereum Adopt ‘ProgPoW,’ the ASIC-Resistant Mining Algorithm?
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. дальше »
2019-2-3 12:36 | |
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Stacks Network Plans to Leverage BTC’s Proof of Work and Burn Bitcoins
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. дальше »
2019-2-3 03:17 | |
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Michael Dubrovsky Explains What Optical Proof-of-Work (PoWx Algorithm) Is
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 […] дальше »
2019-1-28 23:19 | |
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Distributed Digest: Tuesday, January 22, 2019
Polkadot’s newest proof of concept implements the GRANDPA consensus algorithm, EIP 1717 proposes to delay the difficulty bomb by 640 times the age of the universe, and the Ethereum Cat Herders are here to wrangle projects and push forward network upgrades. дальше »
2019-1-23 19:36 | |
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Ethereum (ETH) Core Developers Propose an ASIC Resistant Upgrade
The Ethereum (ETH) Core Developers had a meeting on the 4th of January that discussed several developments on the network such as the upcoming Constantinople and Istanbul hard forks. Another EIP (Ethereum Improvement Proposal) that was discussed, was one meant to update the current hashing algorithm to reduce the incentive to mine Ethereum using ASICs […] The post Ethereum (ETH) Core Developers Propose an ASIC Resistant Upgrade appeared first on Ethereum World News. дальше »
2019-1-8 16:15 | |
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Vertcoin (VTC) plans hardfork against ASICs
In the late second half of 2018, ASICs were made available for Vertcoin’s algorithm, Lyra2REv2. Due to the centralizing influence of these asics, a majority of network hashrate was collected by renting them to execute various majority hashrate attacks on the network. дальше »
2019-1-8 12:08 | |
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XCOYNZ: Set Your Own Fee Crypto Exchange Platform?
Discover XCOYNZ, a blooming crypto platform that will enable every user, whether crypto savvy or not, to operate easily in the industry. The platform will enable users to set their own fee on the exchange and define a consolidated Smart Algorithm Wallet that will minimize network fees and maximize profits. Additionally, XCOYNZ will enable users […] дальше »
2019-1-5 21:02 | |
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Ethereum (ETH) Blockchain Developers Could Look to Block ASIC Mining on the Network
It seems that Ethereum developers could soon implement a new algorithm that would block ASIC miners from participating in the network. However, the new proposal has to be tested and reviewed before being implemented. дальше »
2019-1-5 03:31 | |
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3 surprising ways social ‘neighborhood’ apps could boost your business
Have you ever logged onto Facebook, only to be inundated with mundane status updates from your ex-high school classmate or photos of your great-aunt’s cat? The impersonal, irrelevant news that seems to clog up most our newsfeeds is turning people away from traditional social networks and toward a new breed of local network that allows you to tune in to your neighborhood gossip. дальше »
2018-12-29 22:00 | |
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