PoW – Proof of Work

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.

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?

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 siloed nature of many older blockchains is holding back DeFi’s potential, writes Sarah Kim of Terra. But help with greater interoperability is on the horizon.

Other top blockchain and crypto news: Bill Gates on bitcoin. Nvidia protects gamers from crypto miners with separate CMP and GeForce RTX graphics cards.

Tesla’s bitcoin dive is recharging an already hot crypto market, worsening the run on new mining equipment and heating up the second-hand rig market.

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.

In this edition of Forkast Forecasts, the director of strategic initiatives at ConsenSys and author of “Block Kong” shares his views on CBDCs, stablecoins and Asia’s blockchain space.

Eth2 will run in parallel with Ethereum 1 for now. For how much longer, and will this affect ether inflation and block rewards? Konstantin Richter of Blockdaemon explains.

ETH 2.0 raises over $300 million from over 16,300 participants, putting it on track for release next week after whales make big investments in the last minute.

In a special interview, Konstantin Richter of Blockdaemon also discusses the critical role of government in encouraging greater blockchain adoption.

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

ETC’s recent hacks may be an occupational hazard of ‘proof-of-work’ blockchains, including BTC and ETH. Is going ‘proof of stake’ the answer?

Many blockchain protocols claim to be decentralized, but industry practices show the opposite. Even Bitcoin is largely controlled by a few.

Other top news: Teen accused of masterminding Twitter VIP hack heads to court. Huobi launches DeFi lab. Fintech VC in Singapore and Indonesia.

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.