Proof of Work

Cryptocurrency Grin Follows Through With Anticipated July 17 Mainnet Hardfork

Privacy-focused cryptocurrency Grin has completed the first hardfork so far on its mainnet. The fork occurred at block height 262,080…

Hyundai’s Token Company Partners With CasperLabs to Build a PoS Blockchain

HDAC Technology, a blockchain company backed by automaker Hyundai, announced a partnership with blockchain startup CasperLabs to build and integrate…

Ethereum 2.0’s Phase Zero Scheduled to Launch on January 3, 2020: Devs

The first stage of the Ethereum network’s transition to Ethereum 2.0 is expected to take place on January 3, 2020,…

Cypherpunk Adam Back Speaks of Blockchain Benefits at G20 Meeting of Finance Ministers

Adam Back, who invented the hashcash proof-of-work system and was one of the first people to work on bitcoin (BTC), spoke…

Neo Announces New Consensus Mechanism For Its New Mainnet

Chinese-based blockchain platform Neo has implemented a new iteration of its consensus algorithm, the Byzantine Fault Tolerance mechanism (dBFT 2.0),…

Two Miners Purportedly Execute 51% Attack on Bitcoin Cash Blockchain

Two miners have reportedly executed a 51% attack on the bitcoin cash (BCH) blockchain, according to tweets by Cryptoconomy Podcast…

EOS BP, Explained

2. It is based on a consensus mechanism called delegated proof-of-stake (DPoS). On a PoW blockchain like bitcoin, miners employ…

Amazon Wins Patent for Proof-of-Work Cryptographic System

Tech giant Amazon has been granted a patent for various techniques to build a proof-of-work (PoW) cryptographic system similar to…

An Ethereum 2.0 Proof-of-Stake Testnet Blockchain Is Now Live

An Ethereum (ETH) 2.0 Proof-of-Stake (PoS) testnet beacon blockchain is now live. Preston Van Loon, co-founder of sharding development firm…

Phase Zero Code for Ethereum PoS Transition Can Be Completed by June 30: ETH Core Devs

A code for the Ethereum (ETH) blockchain’s first-stage transition to a proof-of-stake (PoS) consensus algorithm could be completed by June…

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