Tag: PoW

Ethereum Community Gears Up For The Long-Awaited London Fork Set To Go Live On August 5

The Ethereum community has been gearing up for the highly anticipated London Network Upgrade which should take place on August 5 around 9: 00 a.m. (EDT). Node operators have been…

Blockchain ‘Immutability’ Dispute Sparked By Ethereum Request For Reorg Contract

Just recently, a software developer and “Solidity nerd” called Bunny Girl has sparked heated conversations within the cryptocurrency community over a smart contract that reveals a process called a “Request…

Ethereum’s London Hard Fork Scheduled To Commence On August 4

The highly anticipated Ethereum hard fork is expected to launch on August 4 at block height 12,965,000 according to Ethereum core developers. The London hard fork will add five Ethereum…

Elon Musk’s ‘50% Clean Energy’ Bitcoin Mining Goal Will Be Complicated To Verify

On Sunday, Tesla’s CEO Elon Musk tweeted that when there’s “confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.” However,…

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…

As Bitcoin Drops In Value, Proof-Of-Stake Tokens That Use Less Energy See Double-Digit Gains

Crypto markets have been very volatile in recent times and a great number of digital assets have dropped more than 30% in value during the last three days. Although, not…

Low Energy Proof-Of-Work: Bitcoin Improvement Proposal Wants To Change Network’s Algorithm

The most topical conversation in the world of cryptocurrencies right now is the effects of bitcoin mining on the global environment after Elon Musk heated up the conversation. Following the…

Bitcoin Markets Blood Red After Tesla Announcement, Crypto Economy Sheds Billions

Digital currency markets have seen better days, as billions of dollars were shaved off the entire crypto-economy after Tesla revealed it would not be accepting bitcoin over environmental concerns. The…