Security, scalability, decentralization: What will the first proof-of-stake blockchain by MIT look like and why might it become a threat to Ethereum? As reported by Cointelegraph on Jan. 24, the press service of the Massachusetts Technical Institute (MIT) announced the development of a new cryptocurrency based on the proof-of-stake (PoS) protocol. It is expected that the […]
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Market interest in the Ethereum’s Constantinople and Serenity hard forks has reportedly led to the underestimation of other more important proposals. The market was too focused on the Ethereum’s (ETH) Constantinople and Serenity (Ethereum 2.0) hard forks, overshadowing more important upgrades, according to a recent report by cryptoassets trading firm Cumberland Research shared with Cointelegraph. […]
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U.S. crypto exchange Coinbase adds BTC support to its Coinbase Wallet — a secure app that allows users to store their own crypto. United States cryptocurrency exchange and wallet Coinbase has added Bitcoin (BTC) to its Coinbase Wallet app, according to an announcement published Tuesday, Feb. 5. In August 2018, Coinbase had announced that Toshi, […]
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Ethereum has launched its first pre-release for phase zero of the network’s evolving transition to Ethereum 2.0, also known as Serenity Ethereum (ETH) has launched its first pre-release for phase zero of the network’s evolving transition to Ethereum 2.0, according to new post published to Ethereum’s github on Jan. 31. The post notes that “this […]
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A developer at blockchain tech company ConsenSys has joined the Ethereum Classic Cooperative as its executive director. Bob Summerwill, a developer at blockchain tech company ConsenSys, has joined the Ethereum Classic Cooperative as its executive director, according to an official announcement on Jan. 29. The Ethereum Classic Cooperative manages the development and growth of the […]
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Enterprise blockchain platform Insolar has launched its testnet, recording over 10,000 transactions per second. Enterprise blockchain platform Insolar (INS) has successfully launched its testnet on Jan. 22, recording over 10,000 transactions per second (TPS), according to data from its block explorer Insolar Explorer. As the company announced on Sunday, Insolar set up its private testnet […]
Continue ReadingBlockstream has announced the Beta version of its Satellite API designed to broadcast encrypted data. Blockchain technology company Blockstream is launching the beta version of its Blockstream Satellite API, designed to help developers broadcast data via the company’s satellite network. The launch was revealed in the official announcement published Jan. 16. The move follows the […]
Continue ReadingEthereum’s Constantinople hard fork has been reportedly postponed until at least the next week over a newly discovered vulnerability. Ethereum’s (ETH) Constantinople hard fork faces a delay over a newly discovered security vulnerability allowing a reentrancy attack. The critical issue was detected by smart contract audit firm ChainSecurity and reported in a blog post Jan. […]
Continue Readingsponsored This service is aiming to switch to a “zero percent commission on retail bookings” model by utilizing smart contracts. The Europe-based company LockTrip wants to put the accommodation industry on the blockchain by creating “the first functional blockchain-based travel service.” The team says it already offers 100,000 hotels and more than 1,500 vacation rentals […]
Continue ReadingEthereum core developers have reached a tentative consensus to implement a new proof-of-work algorithm that would increase the efficiency of GPU-based mining on the network. Ethereum (ETH) core developers have reached a tentative consensus to implement a new proof-of-work (PoW) algorithm that would increase the efficiency of GPU-based — as opposed to ASIC-based — mining […]
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