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A crypto project is bringing apps and smart contracts to Bitcoin — and offers the first consensus algorithm to span two blockchains.
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Proof of Work News
Proof-of-work is a consensus algorithm developed to protect decentralized networks from any malicious activities. The initial concept of PoW was first described in 1993. The two steps of a proof-of-work algorithm are to solve difficult and time consuming tasks and to check the results. Despite the fact those tasks can be solved, they required a large amount of computer power. The difficulty of the tasks varies in order to control the frequency of discovery of the new blocks, which can be found approximately one block in 10 minutes because of the need to synchronize all discovered blocks among the users holding the blockchain. Due to the fact that the process is energy consuming and random, it is impossible to say for sure which Bitcoin-miner will solve the task and discover the block.
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A platform is billing itself as a one-stop-shop for DeFi that delivers interoperability across multiple blockchains.
2717 - News
The U.S. exchange plans to roll out support in early 2021.
48505 - Sponsored
The launch of Ethereum 2.0 has challenges — but this Web3 specialist has launched a new protocol that will allow people with less than 32 ETH to get involved in staking.
24564 - News
CoinDCX users to stake on ETH 2.0 with as low as 0.1 ETH, the exchange says.
8041 - News
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.
13527 - News
The report suggests giving preferential tax treatment to PoS over PoW-based crypto assets.
3519 - News
Steemit veterans vow to improve blockchain upgradeability and avoid damaging hard forks
4435 - Analysis
Game theory suggests ways for Ethereum Classic to deter double-spend assaults, say MIT researchers.
12637 - Opinion
DAGs present an encouraging approach, aimed to improve the existing speed, scalability and cost issues of blockchain technology.
5424 - Opinion
In the emerging global crypto economy, crypto mining is probably going to remain and even become more profitable in the upcoming years.
55540 - News
Glassnode states that over 90% of the Ether token supply was bought at a lower price than that at which it's currently trading.
3683 - Opinion
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.
12245 - Opinion
Blockchain technology has the potential to create a new era of gaming and drive true adoption in the industry.
15730 - Opinion
Blockchain interoperability has a big goal: to empower developers to choose what’s right for their application, not what is right for the platform they’re locked into.
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