Anatoly Yakovenko, one of the co-founders of Solana, the proof-of-stake based, smart contracts enabled blockchain, issued a series of statements criticizing bitcoin’s consensus algorithm. In an interv...
Tag: consensus
Solana Co-Founder Believes Bitcoin Needs to Change to Proof-of-Stake Consensus to Remain Relevant – News Bitcoin News
Anatoly Yakovenko, one of the co-founders of Solana, the proof-of-stake based, smart contracts enabled blockchain, issued a series of statements criticizing bitcoin’s consensus algorithm. In an interv...
What 12M ETH staked in Ethereum consensus layer reveals about price
Momentum around Ethereum, the largest altcoin has significantly increased or remained bullish of late thanks to the much-anticipated ‘Merge‘. Last month, the Ethereum consensus layer deposit contract ...
10% of ETH’s Supply Locked in Consensus Layer Deposit Contract
Key Takeaways Ethereum’s consensus layer deposit contract now contains over 12 million Ethereum, over 10% of the entire supply. Over 360,000 validators have each locked at least 32 ETH in the co...
Layer-0 Omnichain Powered by Proof-of-Time Consensus
Analog was born as a creative solution to a problem Victor Young, a computer science graduate from University of Waterloo, identified while developing algorithmic trading bots in Decentralized Finance...
Ethereum Proof of Stake vs. Proof-of-Work: What is a better consensus mechanism?
Ethereum is moving to a consensus mechanism called Ethereum Proof-of-Stake (PoS) from Proof-of-Work (PoW). This development was always the plan as it’s a key part of the community’s strategy to scale ...
Monero community passes consensus to initiate mainnet hard fork
Monero (XMR) developers have announced that the network has passed a community consensus to implement a mainnet hard fork. The hard fork will come with multiple changes for the Monero network. Monero ...
Monero Network Reaches Community Consensus For July Hard Fork
Developers of the Monero Network have announced that the privacy-focused blockchain protocol has reached a community consensus in which a mainnet hard fork will be implemented at block height 2,668,88...
XMR reaches consensus for July hard fork, could this lead to an increased value?
Monero XMR/USD is a decentralized, privacy-enhancing blockchain network. The main goal of this blockchain network is to make transaction details, such as the amount of every transaction, anonymous thr...
Monero community reaches consensus for July hard fork
As told by Monero (XMR) developers over the weekend, on July 16, the Monero network passed a community consensus to initiate a mainnet hard fork at block height 2,668,888. The popular privacy coinR...
Polygon Consensus 2022 Aims to Build a Multi-Edged Future of Web3.0 » NullTX
The first Polygon Consensus Conference was organized by BitKeep, the world’s largest Web3.0 multi-chain crypto wallet, and Polygon will be officially opened on May 1st, 2022. BitKeep, as the recommend...
Citigroup beats Q1 2022 revenue and earnings consensus estimates
Citigroup Inc. (NYSE: C) has announced a net income of $4.3 billion or $2.02 per share in Q1 2022, beating analyst estimates of $1.55 per share. The company had revenue of $19.2 billion which equally ...
Consensus on CBDC design among central banks not a priority, Bank of Canada says
As central banks around the world explore central bank digital currencies (CBDCs), the Bank of Canada (BOC) is keen to stress that rollout efforts don’t require coordination between nations — an...
What Is A Blockchain Consensus Mechanism?
Blockchain consensus mechanisms allow distributed networks of computers to work together and agree on the state of the network. Blockchain consensus is important as it establishes that at least 51% o...
How PoW Consensus Can Be Made Sustainable
In recent years, the questions surrounding the impact of cryptocurrencies on the environment have taken center stage. Several studies conducted in the past couple of years have indicated that mining, ...
India Will Wait for a Global Consensus on Crypto to Regulate the Industry (Report)
The second-most populated nation will reportedly implement a regulatory framework on cryptocurrencies only after a global consensus on the matter. According to a person familiar with the matter, the I...
India: No Crypto Law Till Global Consensus
According to sources, the Indian government is waiting to devise any set cryptocurrency law till a global consensus emerges on regulating such assets. Crypto Laws Undefined; Waiting For ‘Uniform Appr...
How sustainable is this ‘Proof of Air’ consensus and attractive ROI in Planetwatch? –
You must be ready every time as evolving technology could bring you anything that could be beyond your imagination, take, for instance, most talked proof of air consensus mechanism If you closely foll...
Fed Raises Rates But Lacks Consensus, Seeing Moderation In Inflation In 2022
Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing, … [+] Thursday, March 3, 2022 on Capitol Hill in Washington. (Tom Williams, Pool via AP) ASSOCIATED ...
EU votes against a de-facto ban on Bitcoin’s POW consensus method in MiCA draft
The ECON committee of the European Union voted against a de-facto ban on cryptocurrencies that rely on the proof of work consensus protocol, like Bitcoin, that was included in the latest draft of the ...
Ethereum Consensus Layer Contract Or Eth 2.0, Surpassed More Than 10 million ETH Staked
The Ethereum consensus layer, referred to as the “Ethereum 2.0” deposit contract, has outperformed 10 million in ETH staked, a supply of roughly 8% of the entire Ethereum supply. The ̶...
Ethereum’s ‘consensus layer’ contract hits 10M ETH staked
Quantitative analysis conducted on popular blockchain site Etherscan indicates that 184,441 transactions have been responsible for 10.2 million Ether (ETH) staked into the Eth2 (consensus layer) depos...
10M ETH Staked in Ethereum Consensus Layer Contract
Key Takeaways The Ethereum consensus layer—formerly referred to as “Ethereum 2.0″—deposit contract has surpassed 10 million Ethereum. The deposit contract allows for funds to be moved to E...
The Ultimate Guide to Blockchain Consensus Mechanisms
Proof-of-work, proof-of-stake, or rather proof-of-authority? To guarantee the trustworthiness of a blockchain, participants need to reach an agreement on the status of the network. To achieve this, ma...
RUNE Price Analysis: Technical indicators maintain a bearish consensus for THORChain
•RUNE/USD is currently priced at $3.62 and has increased by 4.11% over the past day •The trading volumes have decreased by 41.10% over the past day •The technical indicators suggest a bearish outlook ...
Directed Acyclic Graph (DAG) Consensus: What is It, Why Does It Matter, and What Can It Do for Blockchain?
Scalability has become one of the most concerning problems when it comes to the blockchain ecosystem. Legacy networks like Bitcoin and Ethereum have been facing extreme network congestion and low thro...
Is Russian Crypto Regulation Under Threat; Govt. Officials Fail to Reach A Consensus
Top Russian officials have failed to reach a deal on how to regulate crypto despite President Vladimir Putin’s request for them to find a compromise. Russia’s Central Bank Chief Elvira Nabiullina has ...
Prepares Presale for Governance, Consensus, and Block Rewards
[PRESS RELEASE – Miami, United States, Florida, 8th February 2022] ReserveBlock Foundation (RBX Network), the first Open-Source, Decentralized, and Autonomous NFT Centric Blockchain for Everyone, is r...
ReserveBlock Foundation Announces the RBX Network Masternode Release & Presale for Governance, Consensus, and Block Rewards in conjunction with the Networks Public Testnet.
Miami, United States, Florida, 8th February, 2022, Chainwire ReserveBlock Foundation (RBX Network), the first Open-Source, Decentralized, and Autonomous NFT Centric Blockchain for Everyone, is releasi...
a New Consensus Layer Scaling Solution
Cardano recently upgraded its plumbing method with the latest consensus layer scaling solution, pipelining. It will be a major part of Cardano’s scaling plan in 2022 to assist the ever-growing Cardano...
UPS’ Q4 2021 earnings top consensus estimates
UPS (NYSE: UPS) has announced its Q4 2021 consolidated revenue of $27.8 billion, representing a YoY increase of 11.5%. The company beat consensus revenue estimates of $27.01 billion. Consolidated oper...