ConsenSys, in collaboration with several crypto companies, is co-launching a climate platform for the world built on the Ethereum PoS consensus protocol. Regulatory authorities have constantly expressed their worries over…
Browsing: Proof of Work
The price of Ethereum Classic (ETC) has soared by over 170 percent since last month. Vitalik Buterin predicts when Ethereum (ETH) will be priced-in. A recent survey by the crypto…
Buterin disclosed that there are more plans for future upgrades after the Merge which he termed as surge,” “verge,” “purge,” and “splurge,”. The Proof-of-Stake or the Merge will combine the…
Ripple executive Chris Larsen has told Bitcoin miners that moving to the PoS could be a “net positive” in the long term. He proposes a plan as to how the…
According to Zooko Wilcox, it is necessary for Zcash to go from a proof-of-work consensus mechanism to a proof-of-stake. Wilcox said proof-of-work has many flaws, adding that proof-of-stake is more…
Ripple co-founder Chris Larsen has criticised the proof-of-work consensus mechanism for its energy consumption and called for Bitcoin to switch to proof-of-stake. Bitcoin’s massive energy consumption is eroding all the…
To understand Blockchain technology, it is important to understand the backgrounds and motivations behind the invention of the Blockchain. In this context, most people have probably already heard that the…