Category: Consensus

As Miners Leave Bitcoin In Droves, Space Allocation Dedicated To Filecoin And Chia Surges

While a large quantity of hashrate has stopped dedicating resources to the Bitcoin network, a great number of alternative mining ecosystems are swelling with new participants. China’s ASIC exodus has…

Vitalik Buterin Says People Difficulties Not Technical Difficulties Slowed The Ethereum 2.0 Rollout

The cofounder of Ethereum, Vitalik Buterin, recently discussed the highly anticipated full transition from a proof-of-work (PoW) consensus model to proof-of-stake (PoS) as its replacement. Buterin admitted at Hong Kong’s…

Ripple’s Chris Larsen Believes Bitcoin Dominance Could Fall Over Proof-Of-Work’s Energy Consumption

Ripple Labs cofounder Chris Larsen has a bone to pick with bitcoin and crypto networks that leverage proof-of-work (PoW). Larsen’s latest write-up explains that the crypto industry needs to reconsider…