Latest News Of proof of work Tag
Tech 5 March 2019
Dr. Craig Wright on the downsides of proof of stake
Dr. Craig Wright has tried for several years to help the cryptocurrency community understand the differences between proof of work (PoW) and proof of stake (PoS).
Tech 26 December 2018
Vitalik Buterin doesn’t believe in proof of work
Vitalik Buterin does not believe in the proof-of-work (PoW) system which Ethereum, the platform he co-founded, uses.
Tech 20 December 2018
Next self-proclaimed ‘Bitcoin Killer’? Chia crypto yet to win over critics
The creator of BitTorrent, Bram Cohen, thinks he’s got a solution to the negligible climate impact of mining cryptocurrencies, with his new Chia token.
Events 11 December 2018
7nm ASICs coming to market by 2019, MicroBT’s Jordan Chen says
At CoinGeek Week, MicroBT Technology Vice-President Jordan Chen presented current market leaders and projected trends for ASIC miners.
Tech 26 November 2018
ABC’s Avalanche plan signals end to proof of work
ABC is expected to release its ‘pre-consensus’ Avalanche feature for the ABC chain in the near future, even as opinion remains contentious.
Tech 19 September 2018
Why Satoshi’s original proof-of-work model works
A Medium post details the original proof-of-work (POW) concept that is an integral part of the cryptocurrency model. Many crypto opponents have deemed the POW concept as being wasteful, but author Dan Held is able to show the fallacy in their argument.
Editorial 5 September 2018
How ‘Black Mirror’ helps explain Bitcoin as a proof of work system
In a Medium post, Dr. Craig Wright explained the significance of CoinGeek as the first independent corporate miner of Bitcoin, and how this would offset what he describes as ‘proof of social media'—with consequences that can be lifted directly from an episode of the dystopian drama series.
Editorial 6 July 2018
Crypto coins compared: Why Bitcoin Cash is world’s functional cryptocurrency
CoinGeek compares eight cryptocurrencies—Bitcoin Cash (BCH), BTC, ETH, XMR, LTC, XRP, DASH, and IOTA—from the top 15 coins by market capitalization to find out which of these cryptos has the best attributes of a functional cryptocurrency.
Tech 28 June 2018
Coinshares study debunks Bitcoin mining energy consumption scares
According to the research, hydro-power dominates the Bitcoin mining energy source, and the energy consumption figures previously fed to the public are massively overblown.
Tech 31 May 2018
Quantum computers not a threat to Bitcoin, paper says
Researchers say that the race between developing quantum computers and improving mining hardware work against the whole “quantum computer threat” argument.
Editorial 28 May 2018
Proof of Work vs Proof of Stake
One of the primary tenets that underpins Bitcoin’s operation is its Proof Of Work algorithm, but there’s been a snowballing movement among many crypto enthusiasts to what is now known as Proof Of Stake (PoS).
Tech 23 May 2018
Japan’s Monacoin falls victim to malicious mining attack
Japanese-developed Monacoin cryptocurrency has become the latest to fall victim to a so-called selfish mining attack, resulting in an estimate $90,000 of damage across their network.