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Bitcoin Should ‘Depart’ From Proof-of-Work, Says Bank Of International Settlements

Bitcoin figures have dismissed the latest report on cryptocurrencies by the Bank of International Settlements (BIS) after it claimed Bitcoin must stop using its Proof-of-Work algorithm. BIS: Bitcoin Must Drop Proof-of-Work The report, ‘Beyond the doomsday economics of “proof-of-work” in cryptocurrencies,’ was released January 21. дальше »

2019-1-22 18:00


Barclays and Clearmatics Invite Coders to Increase Connection Between Enterprise Blockchains

Two firms, the recognized bank Barclays and the U. K. -based startup Clearmatics are calling coders to connect Ethereum with enterprise-blockchains, including Hyperledger Fabric. Although blockchain technology has expanded all over the world, there are still some operability issues that must be solved and enhanced in the future. дальше »

2019-1-18 22:59


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zk-SNARK Glitch Could Result In Crypto Double Take

Fundamental flaws with zk-SNARKs, the privacy algorithm used in Zcash (ZEC), may allow malicious agents to mint additional tokens, according to the COO of a rival privacy coin. Reuben Yap, the Chief Operating Officer at Zcoin (XZC), says that unproved cryptographic assumptions and possible bugs with zk-SNARKs place blockchains using the algorithm – like Zcash – […] The post zk-SNARK Glitch Could Result In Crypto Double Take appeared first on Crypto Briefing. дальше »

2019-1-17 18:53


Are VeriBlock Transactions on the Bitcoin Network Helping or Harming BTC?

According to reports from Bitcoin (BTC) developers, a startling amount of block space is being wasted on the Bitcoin network to secure the blockchains of other cryptos. A company called VeriBlock has been “borrowing” the hashing power of the Bitcoin network to increase security on vulnerable altcoin chains and filling up BTC block space in the. дальше »

2019-1-10 01:00


Syncing Bitcoin Nodes Instantly with Zero-Knowledge SNARKs

A new Bitcoin scaling solution, which leverages succinct blockchains and zero-knowledge cryptography, has been proposed by a developer earlier this month.   The scaling proposal incorporates aspects developed and implemented in cryptocurrency projects Coda as well as zk-proofs, resulting in an implementation which supports an innovative type of Bitcoin client. дальше »

2018-12-20 05:00


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Zcoin Releases Academic Paper on Lelantus Protocol to Tackle Privacy Blockchain Issues

Some of the challenges faced by privacy blockchains include scalability and useability. Yet, one privacy coin believes it has the answer to solving these with its new protocol. Zcoin, which in November had a Thai song added to its blockchain to fight censorship and government corruption, has released an academic paper for its Lelantus protocol. дальше »

2018-12-20 23:01


Benefits and drawbacks of permissioned blockchains

Permissioned blockchains are distributed databases that enable its members to decide who can participate in the consensus mechanism of the network and who can validate transactions on the network. Nodes on permissioned blockchains are given full authority over the network by verified and registered members of the permissioned blockchain. On public (permissionless) blockchains, there are […] дальше »

2018-12-15 07:00