2018-7-27 12:30 |
Central bank-issued cryptocurrency could bring economic welfare gains for Canada and the U.S., according to a researcher from Canada's central bank.
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Canada’s Central Bank (BOC) released a working paper this month, Incentive Compatibility on the Blockchain. In it, BOC seems to argue the world’s most popular cryptocurrency, Bitcoin, is safe from a 51% attack, double spend scenario through the right incentive structure and proof of work (POW).
2018-7-27 22:45 | |
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The Central Bank of Canada has pioneered new research using the PoW or Proof of Work consensus in a new article on blockchain technology. The Bank of Canada or BoC has labeled Bitcoin’s Proof of Work system the best consensus algorithm used by any cryptocurrency.
2018-7-26 16:36 | |
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Canada’s central bank has championed proof-of-work (PoW) algorithms as part of a new research paper on Blockchain consensus. ‘Irretrievable Sunk Costs’ In its Staff Working Paper released this week, Bank of Canada (BoC) said PoW, used by Bitcoin, held more promise than alternative proof-of-script (PoS) algorithms found in various altcoins.
2018-7-25 18:00 | |
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A recent report from Canada’s central bank discusses “cheating” on a blockchain through double spending and likens the potential issue to classic incentive compatibility constraints within game theory.
2018-7-24 23:31 | |
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Analysts of the Canadian central bank published a report describing risks of blockchain systems. The research paper calls unrealistic the possibility of 51% attack and double spending.
2018-7-23 11:35 | |
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G20 (Group of 20) is a worldwide platform for Central Banks and Governments which includes authorities from countries all over the world. G20 membership consists of; Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States of America and the European Union.
2018-7-16 18:30 | |
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Canada has seen an increase in its bitcoin ownership rate from 2. 9 percent in 2016 to 5. 0 percent in 2017. Usage trends have also shifted, with most Canadians now holding bitcoin primarily for investment purposes.
2018-7-13 08:00 | |
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A recent staff analytical note from Canada’s central bank points to increased bitcoin knowledge and utilization across the country.
2018-7-13 21:50 | |
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Moscow's government is planning to use ethereum as part of a system for allotting trading spots during weekend farmers markets.
The SEC will approve or disapprove a rule change proposal to list the ProShares Bitcoin ETFs sometime this week.
The U.K. is on the cusp of leaving the E.U., sparking concern for blockchain startups working within a government-run regulatory sandbox.
In a patent filing released Thursday, Capital One set out a blockchain system its says allows secure user authentication across multiple platforms.
Coinbase is looking into creating more secure digital payment platforms to help merchants accept bitcoin, a patent filing reveals.
Candidates for public office in California may soon be able to accept cryptocurrencies as donations, though the practice has not yet been codified.
The legal woes of biotech company-turned-crypto miner Riot Blockchain don't appear to be slowing down.
