Search results: proof of work

Top blockchain and crypto news: PoW spared as Europe revamps MiCA rules. Yuga Labs acquires CryptoPunks rights. China’s Mango TV makes NFT debut.

IOHK and Cardano’s founder also explains why new US Treasury Secretary Janet Yellen is the ‘single biggest development’ for the crypto industry’s future.

Forkast.News explains ‘proof of work’ — the DNA of Bitcoin — and and why most of the world’s cryptocurrency miners will soon be sweating a lot more for their coins.

Three Ethereum chains that support mining — Ethereum Classic, ETHPoW and Ethereum Fair — together accounted for about 30% of the peak hashrate of Ethereum before “the Merge.”

Casper Network goes big on its ‘first of many’ expansion ambitions in Asia by receiving the nod to join both BSN China and BSN International.

Ethereum Classic Labs CEO Terry Culver calls the hash rental market shady “like under a rock somewhere…. They’re basically money laundering operations.”

Calls for tougher rules on cryptocurrency have been echoing ever louder through the offices of global financial regulators since the collapse of the FTX exchange. But the firm did not invent dodgy business practices, so what can regulators and the industry do?

When is a cryptocurrency a security and when is it not? Financial regulators around the world are raising that question. The answer that comes out of the U.S. may set the tone, but South Korea is also ahead in tackling it.

Ethereum’s transition to proof-of-stake promises to dramatically lower energy consumption, curbing greenhouse gas emissions that would require an annual offset by a forest roughly the size of Belgium.

ETH 2.0 is expected to address transaction speeds and gas fees on the world’s number two blockchain, but a growing number of layer-2 protocols are looking to solve those issues today.

SOL had been on a tear but is now losing ground. Is Solana a victim of its own success — or does the network have deeper problems?

A network patch designed to fix a bug on the Geth network has led to the world’s second-largest blockchain splitting in two.

India crypto bill awaits approval while Poly Network hack saga continues

How China’s deployment of the digital yuan intertwines economics with geopolitics and concrete with virtual infrastructure, from Cambodia to the Caribbean.

One of DeFi’s hottest trends, yield farming can bring riches but is not for crypto beginners or those who can’t afford to lose. Forkast.News explains why.

Founded by BitTorrent creator Bram Cohen, Chia Network’s new ‘proof of space and time’ blockchain aims to be a more sustainable alternative to bitcoin.

Other top news: $50 billion in cryptocurrency leaves China. Severe flooding in Sichuan destroys bitcoin mining farms. DeFi in India.

Here are our favorite and best-in-class apps for the decentralized work place. Plus, the Web3 dApps that could disrupt them.

Innovations in privacy-enhancing technology can address the challenges confronting enterprises from a regulatory, security and competitive perspective, writes Jonathan Rouach, CEO and cofounder of QEDIT.

Blockchain applications have been a highly debatable topic since the rise of Bitcoin and later Ethereum. Opinions vary from “blockchain will solve most of humanity’s problems” to “this technology works only for money” and even “it is useless”. I’ve been working in the industry since 2017 and have seen and analyzed many blockchain use cases. […]

Introduction The blockchain revolution is happening so fast, that it too is being revolutionized. Until now, the de facto mechanism to reach consensus on distributed ledgers has been Proof of Work (PoW), in which computers compete to solve fictitious mathematical problems. However, this system wastes a lot of energy and computer power. But now a […]

Crypto exchange Bybit is launching cloud mining to provide exposure to Ether. What happens when Ethereum moves from proof of work to proof of stake?

Europe’s new MiCA framework for regulating crypto shows the good that can happen when government works with and not against the industry, writes Nick Saponaro of Divi Labs.

This isn’t the first time the bloc has examined cracking down on Bitcoin mining, and it comes amid a growing push from regulators to examine the industry’s carbon footprint.

Vitalik Buterin identified Ethereum’s next big challenges as scalability and layer 2 implementations at the Converge22 conference.

Top blockchain and crypto news: Binance bets on Ethereum Merge. What does Terra’s sudden resurgence mean? China seeks to expand e-CNY ecosystem.

The Merge, one of this year’s biggest crypto events, is now due to happen next month. Why is it so hotly anticipated — and feared?

The ‘Merge’ will have a major impact on the Ethereum ecosystem and beyond, and getting it right is more important than speed, writes Kevin Loo of IDEG.

Can blockchain embody the values of Earth Day? Consider its growing role in ESG and the energy-efficiency of newer crypto, writes Eddie Hui of MVGX.

How has layer-2 innovation saved Bitcoin from becoming a victim of its own success? Blockstream chief Adam Back explains.

Bitcoin’s current price is not indicative of the crypto’s future prospects, says Mark Yusko, who looks forward to the tokenization of everything.

Stablecoins, US dollar primacy and energy consumption were among the topics in the questioning homing in on how to regulate the crypto industry.

OpenSea IPO plans in choppy waters. Crypto markets crumble. Bitcoin mining power struggles.

Crypto is ‘a behavioral economics experiment,’ says Real Vision co-founder Raoul Pal. ‘Your incentive system is not a like button on Facebook, it’s money.’

Solana prices keep cresting to new heights, making SOL a top-five cryptocurrency by size. What makes Solana and its ecosystem stand out? Forkast.News explains.

How the crypto economy is engaging with legislators, what policy makers need to know about Web 3.0 and what role the U.S. infrastructure bill has played in kickstarting better cryptocurrency education.

As Cardano’s Alonzo upgrade goes live, founder Charles Hoskinson of IOHK calls DeFi a ‘bubble.’ How does he think the regulation that is sure to come will reshape DeFi in the future?

Despite significant losses across the board, industry experts are not too concerned, seeing the plunge as normal market behavior.

What are the different kinds of blockchain, and how do they compare? Learn all about public, private and permissioned platforms in this Forkast.News explainer.

As ESG drives more corporate agendas, Sonic Capital’s Sphere aims to provide access to blockchain investment opportunities toward a greener future.

Solana prices are soaring to all-time highs and SOL is now a top-10 crypto. In this Forkast.News explainer, learn why investors are heaping love on this Ethereum rival.

Ethereum upgrade closely watched also India launches e-RUPI voucher

The DigitalArt4Climate NFT initiative aims to promote art via blockchain technology to inspire environmental activism around the world.

As the world grapples with crypto mining’s carbon footprint, Nischal Shetty of WazirX examines the technical and regulatory solutions.

Top blockchain and crypto news: Ethereum upgrade, torque of the town. SEC in snafu over Bitcoin ETFs. Crypto miners flourish amid China fallout.

El Salvador recently became the first country to recognize Bitcoin as legal tender, and it seems unlikely to be the last. Samson Mow, chief strategy officer of Bitcoin technology company Blockstream, looks forward to a future in which Bitcoin edges out fiat currency.

Vitalik Buterin sets a green future for the Ethereum network while Bitdeer becomes the latest to block Chinese miners.

Is Binance Smart Chain’s meteoric rise from PancakeSwap and cryptocurrency SafeMoon sustainable, and is an ‘Ethereum killer’ now finally closer to reality?

As we observe Earth Day, let’s not scapegoat cryptocurrency. The truth about renewable energy and electricity use by banking and gold may surprise you.

The recent steep rise in Bitcoin and Ethereum prices has also led to more crypto mining and energy-consumption, much of it still powered by coal.

Cardano blockchain, a so-called ‘Ethereum killer,’ completes its Mary hard fork upgrade as ADA becomes 3rd largest cryptocurrency behind bitcoin and ether.

CasperLabs, a new smart contract blockchain network, announces its CSPR token sale — which CTO Medha Parlikar likens to a ‘gas futures market.’

CEO of CasperLabs, part of the Blockchain Service Network’s China and international versions, gives an insider’s view of blockchain’s future on the mainland.