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Surge in Bitcoin energy consumption sparks debate in crypto community
5.2.2021
Bitcoin energy consumption has been at its highest historical levels since late 2020, according to Digiconomist’s Bitcoin Energy Consumption Index
US Library of Congress report highlights proof-of-stake tax blindspot
4.2.2021
The taxman still isn't wise to cryptocurrency earnings made through proof-of-stake. But that could change soon
Privacy-Centric Cryptocurrency Firo Suffers 51% Attack on Its Network
23.1.2021
The proof-of-work (PoW) cryptocurrency Firo announced that its protocol came under a 51% attack, notifying its holders to stop transactions. Formerly known as Zcoin, the privacy coin was reportedly subject of a blockchain reorganization attack. Firo Team Clarified the Attack Cannot Be Attributed...
Bitcoin Energy Consumption Is Far More Efficient and Greener Than Today’s Banking System
20.1.2021
While bitcoin and a variety of digital currencies have swelled in value, a number of critics have spread fear, uncertainty, and doubt (FUD) in regard to the energy consumption proof-of-work (PoW) cryptocurrencies leverage to produce new units of currency. Just recently the software engineer Stephen...
Proof-of-Work and Yield Farming: Binance and Poolin Launch Tokens Backed by Bitcoin Hashrate
14.1.2021
There’s a new type of token gaining popularity in the crypto space with the launch of coins that are backed by a specific amount of proof-of-work (PoW) hashrate. On January 6, 2021, Binance launched a new project called the bitcoin standard hashrate token (BTCST), a coin that represents...
Mining Rig Makers Race to Create Next-Gen Ethereum Miner Before Staking-Only Kicks In
21.12.2020
The Ethereum network’s 2.0 transition has pushed the protocol to become one of the largest staking networks in the world with 1,683,905 ether locked into the contract worth $1 billion today. According to reports from China, while proof-of-work ethereum miners have two years left to mine...
How Many Users Have Already Locked Up $20K to Join Ethereum 2.0?
1.12.2020
Ethereum is moving from a proof-of-work blockchain, where computing power determines rewards, to a proof-of-stake platform (dubbed Ethereum 2.0), whereContinue Reading
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Ethereum 2.0 staking is coming to Coinbase
30.11.2020
The U.S. exchange plans to roll out support in early 2021
Indian exchange offers ETH staking ahead of Ethereum 2.0 launch
11.11.2020
CoinDCX users to stake on ETH 2.0 with as low as 0.1 ETH, the exchange says
Ripple's Garlinghouse disses Bitcoin's energy use in advance of Biden administration
9.11.2020
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
Bitcoin.com Exchange to List Aspire and Aspire Gas as Newest Digital Asset Creation Platform Comes to Market
30.9.2020
Aspire (ASP) is the first digital asset creation platform to resist both mining exploits and 51 percent attacks common to proof-of-work blockchains. Its fees are a tiny fraction of creating assets on Ethereum or other platforms due to its innovative Aspire Gas (GASP) blockchain Both tokens will...
The 51% Attack Nightmare Scenario (Isn’t That Bad)
27.9.2020
An accessible, in-depth look at what's really at risk when Proof-of-Work or Proof-of-Stake blockchains suffer the dreaded 51% attack
Ethereum Classic’s Terrible, Horrible, No Good, Very Bad Week
10.8.2020
Ethereum Classic suffered two 51% attacks in the same week. One week later, exchanges, investors and developers are split on the implications
2020 Is Becoming the Year of Staking With Some Major Achievements
3.8.2020
While both PoW and PoS have a lot to offer, this year, in particular, is promising to be a special one for proof-of-stake
MIT Crypto Group Researcher Says PoW Attacks Not Always Obvious
9.7.2020
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
Avalanche Launch Fumbles: ‘A Highly-Sophisticated DDoS Attack Derailed Token Sale’
9.7.2020
On July 8, 2020, some members of the cryptocurrency community were prepared to leverage the AVA Labs Avalanche (AVAX) token sale, in order to acquire some of the highly anticipated coin on Wednesday. However, due to “record-breaking demand” and a “highly-sophisticated DDOS...
Proof-of-Work vs. Proof-of-Stake for Scaling Blockchains
23.6.2020
It’s no secret that cryptocurrency has a scaling issue, so we look at various ways either proof-of-work or proof-of-stake could be effective
Meet Mistcoin – The First Mineable SLP Token Implementation Launched on Bitcoin Cash
22.6.2020
Bitcoin Cash proponents have been introduced to a new project built using the Simple Ledger Protocol (SLP) framework called mistcoin (MIST). The new token is essentially the first mineable implementation of colored coins on Bitcoin Cash. Mist allows participants to mine the SLP tokens “using...
ETH Miners Will Have Little Choice Once Ethereum 2.0 Launches With PoS
13.6.2020
Once Ethereum becomes a proof-of-stake blockchain, what will happen to the ETH miners, and what will they do?
Hard Fork Sets Stage for Ethereum Classic’s Second Major Departure From Ethereum
3.6.2020
Ethereum Classic has largely followed Ethereum in lockstep. But as the larger chain goes toward Proof-of-Stake, ETC is sticking with Proof-of-Work