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Bitcoin Stands Apart From The Pack As Exodus To PoS Networks Grow — What This Means For The Future Of BTC
The growing popularity of Proof-of-Stake blockchains leaves Bitcoin as an unlikely outlier. Solana, Cardano, and Binance have adopted the Proof-of-Stake consensus mechanism with other networks following suit. дальше »
2021-11-24 22:06 | |
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Here’s All You Need to Know About Ether’s First Deflationary Week
Ether (ETH) may achieve a deflationary asset status sooner than expected, as more and more ETH continues to get burnt each day via the gas fee burn mechanism implemented during the London upgrade. Ether’s First Deflationary Week While Satoshi Nakamoto’s bitcoin (BTC) remains the world’s number one deflationary cryptocurrency, ether (ETH) is making steady progressRead More дальше »
2021-11-4 16:00 | |
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Ethereum Miner Revenue Outpaces Bitcoin In 2021
Ethereum has so far put up a tremendous run in 2021. Its price has hit multiple all-time highs this year, cementing it as one of the best digital assets to be invested in for the year. Major upgrades to the network like the London hard fork have seen the project move towards a deflationary mechanism, creating scarcity in the asset by burning one-third of the fees issued on the network. дальше »
2021-11-3 20:00 | |
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Tezos Staking Guide – 4 Ways & Places To Stake XTZ
One of the benefits of bitcoin and other cryptocurrencies is their decentralized system. They have no central authority, and you can earn passively through a process called Mining. Mining, which is also called ‘proof of work,’ is a consensus mechanism that requires users to guess a random number. дальше »
2021-8-21 15:17 | |
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Charles Hoskinson Finds Fault With Bitcoin Maxis, Looks Forward to Tesla, Square Adopting Cardano
It is illogical for Tesla to truly care about alternative energy, sustainability, carbon reduction, and neutrality and still be so closely associated with Bitcoin, whose system doesn’t have a built-in mechanism to constraint energy consumption. дальше »
2021-6-20 19:19 | |
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The luxurious rings inspired by UniSocks and empowered by Bitcoin
Back in 2019, UniSocks launched a limited edition pair of socks that utilized a bonding curve as a pricing mechanism. To facilitate trading, Uniswap created an ERC-20 token, called SOCKS, to representThe post The luxurious rings inspired by UniSocks and empowered by Bitcoin appeared first on AMBCrypto. дальше »
2021-6-15 12:18 | |
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Bitmain to Launch A New Ethereum ASIC Miner, Antminer E9, Later This Year
The largest Bitcoin mining rigs manufacturer, Bitmain, announces a new proof-of-work mining rig for Ethereum. This follows accelerated plans by developers to launch Ethereum 2. 0, which will use a proof-of-stake (PoS) consensus mechanism. дальше »
2021-4-29 21:30 | |
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Ripple co-founder thinks Bitcoin should move away from proof-of-work
Bitcoin needs to move away from the proof-of-work consensus mechanism to remain the world’s dominant cryptocurrency, Ripple’s Chris Larsen said. дальше »
2021-4-22 11:20 | |
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Why Bitcoin Could Be The Key For The Future Of Clean Energy
Much has been said lately about Bitcoin’s impact on the environment. Mainstream media has been especially keen on declaring BTC’s consensus mechanism (Proof-of-Work) a potential danger for the future of the planet. дальше »
2021-4-22 22:13 | |
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PayPal Launches Crypto Checkout Payment Solution
In an article released before the official announcement, Reuters reports that PayPal will let users pay with bitcoin (BTC), ether (ETH), Bitcoin Cash (BCH), and Litecoin (LTC). The mechanism is called “Checkout with Crypto. дальше »
2021-3-30 15:19 | |
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Bitcoin Trend Strength Suggests No End In Sight, Second Most Poweful Historically
Crypto enthusiasts expected Bitcoin to pick up momentum in 2020 thanks to the asset’s block reward halving mechanism. At best, investors anticipated a repeat of the 2017 rally, but the law of diminishing returns made such a scenario an unlikely reality. дальше »
2021-1-8 23:00 | |
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Blackrock’s Chief Investment Officer: Cryptocurrency Is Here to Stay, Bitcoin Could Replace Gold
Blackrock’s Chief Investment Officer, Rick Rieder, said cryptocurrency, including bitcoin, “is here to stay. ” In addition, he said bitcoin is a durable mechanism that could replace gold. дальше »
2020-11-22 19:15 | |
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Outgoing SEC Chairman Says Inefficiencies In Current Payment Systems Are Boosting Bitcoin’s Growth
United States Securities and Exchange Commission (SEC) Chairman Jay Clayton, who is stepping down from his role by the end of this year, recently reiterated that he does not think bitcoin is security but more of a store of value and a payment mechanism. дальше »
2020-11-23 23:02 | |
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Iran to Use Bitcoin for International Trade, Bypassing the Dollar Due to US Sanctions
With the latest amendment to the legislation, Iran has become the first country to use cryptocurrencies at a state level for import funding. The Iranian Cabinet amended legislation to redirect digital currencies into the funding mechanism of the Central Bank of Iran (CBI) for imports, as per the report by the official The Islamic Republic […] The post Iran to Use Bitcoin for International Trade, Bypassing the Dollar Due to US Sanctions first appeared on BitcoinExchangeGuide. дальше »
2020-10-31 19:08 | |
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Ethereum hit a $46b valuation with 1 value accrual mechanism. Wait until there are three
Ethereum is by far the largest cryptocurrency behind Bitcoin. The post Ethereum hit a $46b valuation with 1 value accrual mechanism. Wait until there are three appeared first on CryptoSlate. дальше »
2020-10-26 13:01 | |
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Top 5 tokens for Staking in 2020
If you know how Bitcoin works, you probably are well aware of the fact that every blockchain uses some kind of consensus mechanism for transaction validation. Some of the most commonly used consensus mechanisms are Proof-of-Work (PoW) and Proof-of-Stake (PoS). дальше »
2020-10-3 10:01 | |
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Daemon Technologies launches to bring new use case for Blockstack and bitcoin mining to Asia
Today, Daemon Technologies officially launched to serve the thriving cryptocurrency mining community in Asia. Daemon Technologies will help bring Blockstack’s mining mechanism, Proof-of-Transfer to the Asian market, giving miners a new way to earn bitcoin yield as well as a new use case for Bitcoin. дальше »
2020-9-1 17:31 | |
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Velas Enters the Top 100 Coinmarketcap and Launches on Bitcoin.Com Exchange
The blockchain network that is self-learning and self-optimizing and claims to be able to deliver up to 30,000 transactions per second with a speed of anywhere from 1 second to 2 minutes. Velas is a blockchain ecosystem that implements an AI-powered Delegated Proof-of-Stake (AIDPOS) consensus mechanism for dramatically improved scalability, high security, and interoperability. дальше »
2020-7-21 20:30 | |
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Why blockchain gets attention?
"Blockchain" refers to the name of its mechanism and technology. It is sometimes combined with Bitcoin (virtual currency) or used as a decentralized ledger, but it is different from Bitcoin and is notThe post Why blockchain gets attention? appeared first on AMBCrypto. дальше »
2020-7-15 17:00 | |
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Ripple CTO David Schwartz Criticizes Bitcoin For Not Being Eco-Friendly Like XRP
Ripple CTO David Schwartz criticized Bitcoin in a new blog post that claims XRP’s consensus mechanism is more environmental-friendly than BTC’s proof-of-work (POW), which ‘consumes a lot of energy and ultimately harms the environment’. дальше »
2020-7-11 18:16 | |
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Bitcoin is Money, But Not a New Type of Money; It’s An Exchange Mechanism: NY Fed Reserve
“Bitcoin Is Not a New Type of Money,” says the Federal Reserve Bank of New York in its latest paper, where it talks about bitcoin instead of being a new type of exchange mechanism that can support the transfer of monies and other things. дальше »
2020-6-20 17:51 | |
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“The Chainsmokers”-backed Bitcoin Wallet Goes into Play for Everyday Crypto Investors
Casa, the VC-backed firm focused on increasing privacy for Bitcoin storage, launched its wallet product on June 15. Increasing Bitcoin Adoption Casa Wallet is different than the firm’s institutional storage product, one that uses a complex mechanism to ensure large amounts for BTC are stored on a multi-signature, “premium” subscription service. дальше »
2020-6-17 17:00 | |
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Does Bitcoin's layered solutions threaten its competition or its decentralization?
While Bitcoin was initially positioned as the future currency that would make traditional fiat currencies obsolete, the king coin's decentralized nature and its consensus mechanism have stood in the wThe post Does Bitcoin's layered solutions threaten its competition or its decentralization? appeared first on AMBCrypto. дальше »
2020-5-25 19:00 | |
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The Bitcoin halving is just days away, but after a tumultuous first quarter, Bitcoin miners face an uncertain future
The Bitcoin network is secured by miners which are specialized computers that use a consensus mechanism called “proof of work” to verify each block of bitcoin transactions. дальше »
2020-5-7 12:00 | |
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Ethereum 2.0 on the Right Path as Number of Hodlers Accelerate
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 […] дальше »
2020-4-27 15:21 | |
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Bitcoin mining: A 'self-correcting' mechanism
Bitcoin halving is only 39 days away. The event decreases the block reward resulting in the scarcity of coins. This, in turn, causes many to speculate that after the May halving, bitcoin's price will The post Bitcoin mining: A 'self-correcting' mechanism appeared first on AMBCrypto. дальше »
2020-4-6 14:00 | |
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Huobi Introduces New Features to Cushion Negative Volatility for Traders
Huobi DM, the Bitcoin futures and derivatives trading platform of Huobi Group, has announced the introduction of its new liquidation mechanism designed to help traders to systematically minimize their exposure and cushion the effects of negative market volatility, according to a press release on March 18, 2020. дальше »
2020-3-20 20:00 | |
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Blockstack Introduces New Consensus Mechanism, Proof Of Transfer (PoX), For Miners
Blockstack, a blockchain-based solutions company, released its whitepaper on a new consensus mechanism, the Proof of Transfer (PoX). The consensus mechanism is set to integrate the Blockstack onto blockchain allowing users to gain returns by “stacking” their Bitcoin (BTC) and gaining Stacks (STX) token. дальше »
2020-2-8 03:43 | |
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Echo Launches Bitcoin Sidechain, a Weighted Approach to More Functionality
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. дальше »
2019-12-10 19:41 | |
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A History of Blockchain Consensus Mechanisms
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. дальше »
2019-11-26 03:30 | |
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Hard Problems in Cryptocurrency: Five Years Later
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. дальше »
2019-11-25 04:03 | |
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Blockchain Platform FLETA Launches Mainnet
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. дальше »
2019-11-12 22:00 | |
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Russia plans to introduce 'legal mechanism' to confiscate Bitcoin by 2021
The key fundamentals of Bitcoin are security, and its characteristics of being borderless and 'un-confiscatable'. Time and again, several influencers and leaders of the crypto-space have emphasized onThe post Russia plans to introduce 'legal mechanism' to confiscate Bitcoin by 2021 appeared first on AMBCrypto. дальше »
2019-11-7 17:30 | |
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Merged Mining on Bitcoin: Expanding Bitcoin’s Capabilities [with RSK Sidechain]
What is merged mining on Bitcoin? Simply put, merged mining is a mechanism that allows different cryptocurrencies that use the same algorithm, to be mined together. When analyzing the study on the profitability of bitcoin merged mined blockchains, we found […] The post Merged Mining on Bitcoin: Expanding Bitcoin’s Capabilities [with RSK Sidechain] appeared first on CoinMarketCap. дальше »
2019-11-7 17:09 | |
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New CasperLabs Proof of Stake Blockchain Specification Announced as ‘CasperLabs Highway’
According to a recent announcement published by CasperLabs, the company managed to create a new specification for a much more secure, live, PoS (Proof-of-Stake) protocol. The new specs are named CasperLabs Highway. дальше »
2019-11-2 21:12 | |
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Capital Controls to Push Bitcoin Demand: Lebanon Bans Large Dollar Cash Outs
Lebanon Public Prosecutor Ghassan Oueidat released an order that has imposed a ban on traders and money exchangers from taking significant amounts of dollar currency out of the country. This is until a new mechanism is determined for regulating such transfers. дальше »
2019-10-28 16:17 | |
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