United States-based financial research firm Weiss Ratings downgraded its rating of crypto EOS because of serious centralization concerns. United States-based financial research firm Weiss Ratings announced that it has downgraded its rating of cryptocurrency EOS because of the blockchain’s “serious problems” with centralization. Weiss announced the report in a tweet published on June 7. In […]
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The success of Tezos’ self-amendment process and other recent events stress the relevance of the topic of governance in the crypto community. On May 30, Tezos implemented the amendment Athens A, as the result of a voting process that involved its baker nodes (the Tezos equivalent of “miners”) from Feb. 28 to May 30. Although […]
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Binance has released its official Trust Wallet on its decentralized trading platform Binance DEX. Binance, the world’s second largest crypto exchange by adjusted volume, has released its official Trust Wallet on its decentralized trading platform Binance DEX. The news was revealed in a press release shared with Cointelegraph on June 4. As previously reported, Binance […]
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A closer look at EOS Block Producers: What they are, their function and how to become one. How does the EOS governance model fit in with the blockchain ethos of decentralization? In the past, the EOS network has been forced to answer to allegations regarding this very question. In October 2018, when the EOS mainnet […]
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The Stellar network went offline for over an hour, raising concerns about decentralization. Recently, blockchain-powered network Stellar stopped confirming transactions for more than one hour, effectively going offline. Although no money was reportedly lost as a result, Stellar’s major issue has now been highlighted publicly: The project is not decentralized, at least not to the […]
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Ethereum co-founder Joseph Lubin said that the Ethereum blockchain will become about 1,000 times more scalable in 18 to 24 months. Ethereum (ETH) co-founder Joseph Lubin said that the Ethereum blockchain will become about 1,000 times more scalable in 18 to 24 months. Lubin made his remarks during an interview with Cointelegraph on May 11. […]
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Most of the top 20 cryptocurrencies are reporting moderate losses on the day as bitcoin hovers just over $7,000. Sunday, May 12 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) holds over the $7,000 mark. Market visualization courtesy of Coin360 Bitcoin is down […]
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The Ethereum Foundation is planning to spend $30 million on different projects in the next year, including research and development and bringing academia to Ethereum. The Ethereum Foundation is planning to spend $30 million on different projects across the ecosystem over the next 12 months, the company’s executive director Aya Miyaguchi revealed at the ConsenSys’ […]
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Messari CEO Ryan Selkis predicted that the proof-of-work algorithm will be the status quo for “at least two or three years.” The Ethereum (ETH) 2.0 proof-of-stake (PoS) transition will not take place until 2021, the CEO of crypto analytics firm Messari predicted at a panel of ConsenSys’ Ethereal Summit on May 10. During the panel […]
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An Ethereum 2.0 Proof-of-Stake testnet beacon blockchain is now live. An Ethereum (ETH) 2.0 Proof-of-Stake (PoS) testnet beacon blockchain is now live. Preston Van Loon, co-founder of sharding development firm Prysmatic Labs, announced the development in a Medium post on May 7. Ethereum 2.0 is an upcoming new Ethereum chain featuring improvements in security, scalability, […]
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