On the myth of proof of stake systems
Dr. Craig Wright recently published a blog post titled “Decentralization,” where he discussed the common misconceptions surrounding the topic and argued why proof of stake system tokens are just securities.
Dr. Craig Wright recently published a blog post titled “Decentralization,” where he discussed the common misconceptions surrounding the topic and argued why proof of stake system tokens are just securities.
New York State Assembly's Environmental Conservation Committee has voted in favor of a bill that establishes a moratorium on block reward mining operations that use proof-of-work authentication.
The United Arab Emirates is moving steadily forward towards becoming one of the world’s leading digital asset hubs with the first virtual asset law adopted in Dubai.
The European Parliament’s economic and monetary affairs committee has voted to exclude the provision in the Crypto Assets (MiCA) framework that would have banned proof of work mining.
In part five of his "Tiny Payments are a big deal" video series, Isaac Morehouse talks to BitPing's Dean Little about micropayments, which Bitcoin protocol works best, and more.
Bitcoin mining under Proof-of-Work is less likely to result in a monopoly. On the other hand, Proof-of-Stake has natural gravitation toward forming a monopoly or a cartel.
Jerry Chan examines Nvidia employee and OpenBSD hacker David Rosenthal's article, which details a lecture he gave at Stanford University on digital currencies and the problem he saw with it.
The top executive suggests a proof of work (PoW) mining ban as well as a switch to proof of stake (PoS) mining, which he believes "has a significantly lower energy profile."
Building things on blockchain leads inevitably to questions about the latest hotness, and there’s always the latest hotness, Greg Bledsoe writes.
Bitcoin is a consensus network designed to solve the Byzantine Generals Problem with proof of work. If that sounds insane, sorry. Fortunately, it’s not as crazy as it sounds.
The project to upgrade Ethereum has transformed into organizing a "consensus layer" and "execution layer" as ETH edges toward its goal of becoming a useful, scalable, network based on proof of stake (PoS) block confirmations.
Here we are at the end of 2021—was it a good year? In many ways, it was, and in many ways, it wasn't. But it was definitely a year full of major changes that will impact the blockchain industry for a long time to come.