The Unique Consensus Mechanism of Decred–Is This True Decentralization?

Decred has a unique consensus mechanism many regard as closer to true decentralization than most other cryptocurrencies. With the pros and cons of different consensus mechanisms being in focus recently, we thought Decred’s unusual hybrid consensus mechanism was worthy of examination. Also read: Paper Outlines Proof-of-Stake Sidechains for Cardano Ouroboros, Beyond The Consensus Mechanism of Decred…

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Crypto Exchange Gate.io Confirms 51% Attack on Ethereum Classic, Promises Refunds

Researchers from crypto exchange Gate.io report they have confirmed that a 51 percent attack successfully occurred on the Ethereum Classic (ETC) blockchain. The company published an analysis of their findings Jan. 8. Gate.io Research has published its analysis of ETC transactions on its platform during the alleged attack, claiming it has detected seven rollback transactions…

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PR: Bitcoin Fork Bithereum Launches Coin to Revolutionize Cryptocurrency Mining

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Dubai, UAE. – The Bithereum (BTH) team is officially launching…

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Chatter Report: Buy Walls, Miner Anonymity and Bitcoin vs. the State

In today’s edition of Chatter Report, crypto influencers debate the importance of buy walls to support crypto prices, reason for and against miner anonymity and ponder the outcome of governments attacking bitcoin. Hodlers of Last Resort and Buy Walls Early bitcoin adopter and investor in Kraken, Trace Mayer, argues that crypto market capitalizations are important,…

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Daily Byte: October 30, 2018

Ethereum’s family reunion kicks off, OKEx prunes some trading pairs, and SC Johnson fights to clean the ocean but researchers say it’s too late. Here is some of what’s happening on Tuesday, October 30, 2018: Devcon 4 Opens Today The Ethereum Foundation is kicking off DevCon 4 today in Prague, Czech Republic. A four-day gathering…

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Debunking Bitcoin Mining Myths : Proof Of Work Cryptocurrency Subsidizes Alternative Energy

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Bitcoin Tutorial #8 – Das Double Spend Problem

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Ethereum Upgrades its Upgrade – What is Casper Version 2?

The long-anticipated Ethereum update known as ‘Casper FFG’ has been replaced by a hybrid update called ‘Casper v2’. It will combine two different kinds of upgrade – ‘sharding’ and ‘proof-of-work’. I will explain. Explanation Etherium is a blockchain that allows anyone to write and run their own smart contracts upon it. These can be used…

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Bitcoin Mining’s Electricity Bill: Is It Worth It?

They say it takes money to make money; in order to make a profit off Bitcoin mining, you have to buy mining equipment and pay your electricity bill first. As more miners join the Bitcoin network, some individuals fear that the amount of electricity consumed by mining will have a negative impact on the environment….

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Bitcoin Network Energy Demand To Skyrocket By End Of Year

Bitcoin mining is potentially lucrative, but it’s also increasing the world’s energy consumption. This week, economist Alex de Vries published some eye-popping estimates. In a society concerned with energy conservation and the human toll on our environment, the energy consumption required to successfully mine bitcoin is a rising concern. On May 16, economist Alex de…

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How does Crypto and Blockchain work?

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This weekend's Bitcoin debate could be a classic

They may not have the fighting physiques to warrant a pay-per-view licence but the Bitcoin debate between hedge fund manager Erik Townsend and Adamant Research editor Tuur Demester is an intellectual battle worth paying for. Thanks to The Investing Podcast the face-off is scheduled for release this weekend in the latest episode.   In the Bitcoin…

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