Author of peer-to-peer BitTorrent protocol Bram Cohen says ASIC-resistant proof-of-work is both “a pipe dream and a bad idea.” Bran Cohen, best known as author of the peer-to-peer (P2P) BitTorrent protocol, has responded to some of Vitalik Buterin’s opinions about the state of technology around cryptocurrencies. On Nov. 25, Cohen, also the current CEO of […]
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The developers of privacy-centric cryptocurrency Grin have hit back at the fundamental claims of an article purporting to have “broken” the coin’s privacy model. The developers of privacy-centric cryptocurrency Grin (GRIN) have hit back at the fundamental claims of an article purporting to have “broken” the coin’s privacy model. In a Medium blog post published […]
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Ahead of its hard fork, Bitcoin Cash sees suspicious hashing power sources cause a ruckus. An upcoming planned hard fork in Bitcoin Cash (BCH) will impose relatively simple technical changes to its consensus mechanism that will not split the chain, despite some turbulent undercurrents in the coin’s community regarding issues which have recently become difficult […]
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Grin received an anonymous 50 BTC donation to its General Fund on Nov. 11, sparking a bizarre rumor that it was from Bitcoin creator Satoshi Nakamoto. Privacy-centric coin Grin received an anonymous 50 Bitcoin (BTC) donation to its General Fund on Nov. 11, sparking a bizarre rumor that the generous soul behind it was Satoshi. […]
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Ethereum Foundation Developer Péter Szilágyi has confirmed Dec. 4 as the launch date for the network’s Istanbul hard fork. Team lead at the Ethereum (ETH) Foundation Péter Szilágyi has confirmed Dec. 4 as the expected date for the network’s forthcoming Istanbul hard fork. In two tweets posted on Nov. 7, Szilágyi indicated that Istanbul will […]
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Bitcoin mining has become a multibillion-dollar industry — but with 85% of Bitcoin extracted, is it still profitable? Back in the early days, when Bitcoin (BTC) was but a niche experiment for cypherpunks and basement-dwelling hobbyists, the process of its creation required little more than a budget CPU. Since that time, however, an entire industry […]
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U.K.-based Bitcoin mining firm Argo Blockchain has doubled its order of new cryptocurrency miners as it eyes “significant expansion” of its capacities. United Kingdom-based mining firm Argo Blockchain has doubled its order of new cryptocurrency miners as it eyes “significant expansion” of its capacities. An Oct. 30 report from Proactive Investors revealed that the firm […]
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The Litecoin Foundation has published two new draft Litecoin Improvement Proposals that work toward establishing privacy features for the network. The Litecoin Foundation has published two new draft Litecoin Improvement Proposals that work toward establishing privacy features for the network. On Oct. 22, the Foundation shared links to details of the draft proposals on GitHub: […]
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Ethereum co-founder turned Cardano creator Charles Hoskinson believes that if Bitcoin fails, the entire cryptocurrency industry could fail. Ethereum (ETH) co-founder turned Cardano (ADA) creator Charles Hoskinson believes that if Bitcoin (BTC) fails, the entire cryptocurrency industry could fail. Hoskinson made his remarks during an interview for the Off the Chain podcast on Oct. 10, […]
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Jihan Wu, co-founder of leading ASIC miner producer Bitmain, announced two new series 17 Bitcoin mining machines. Leading Application Specific Integrated Circuit (ASIC) producer Bitmain announced two new series 17 Bitcoin (BTC) mining machines in a blog post published on Oct. 9. Bitmain: higher efficiency and hashrate Bitmain co-founder Jihan Wu announced the S17+ and […]
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