Consensus – Page 8

What Is Proof-of-Assignment?

It has become rather apparent that there are many different blockchain consensus algorithms which can make a lasting impact in the coming years. Proof-of-Assignment is one of those concepts which seems rather unusual on paper, but it actually has a lot of merit when it comes to scaling and mainstream appeal. The Proof-of-Assignment Concept It […]

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Student Faces Charges for Stealing $5 Million in Crypto via “SIM Jacking”

Student Faces Charges for Stealing $5 Million in Crypto via "SIM Jacking" Motherboard has reportedly obtained court documents pertaining to the arrest of Joel Ortiz, a 20-year-old from Boston, who is accused of stealing $5 million USD in bitcoin and other cryptocurrencies. Mr. Ortiz and his currently unidentified accomplices stole crypto from roughly 40 victims through a hacking technique known as “SIM jacking.” Also Read: Archaeologists Argue Micronesian […]

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Bitcoin Cash Developers Debate an Idea Called Pre-Consensus

Bitcoin Cash Developers Debate an Idea Called Pre-Consensus This past Thursday, the lead developer of Bitcoin ABC, Amaury Séchet, published a paper on the social media platform Yours.org about a protocol technique called ‘pre-consensus.’ According to Séchet, and other BCH developers like Bitcoin Unlimited’s Peter Rizun, pre-consensus could improve block propagation time, benefit zero-confirmation reliability and help delegate decisions tethered to consensus conditions. […]

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PR: SoPay – Blockchain Payment Platform Lists on Three Major Exchanges to Create Digital Assets “Alipay”

SoPay - Blockchain Payment Platform Lists on Three Major Exchanges to Create Digital Assets “Alipay” SoPay has announced its arrival in three exchanges (CoinEx, Gate.io and BCEX) with an emphatic announcement of the trading contest that will feature 30 million SOP tokens.

SoPay is a new blockchain payment platform that brings a disruptive experience in the money market. Also, it has innovative operating models that it wants to leverage to make the digital asset trading environment more convenient.

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Omni Layer Fork Called ‘Wormhole’ Debuts for Bitcoin Cash

Omni Layer Fork Called 'Wormhole' Debuts for Bitcoin Cash According to a report on the social media platform Yours.org, software developers associated with the mining giant Bitmain plan on launching a smart contract protocol for the Bitcoin Cash (BCH) network. The project called ‘Wormhole’ will utilize the increased data-carrier-size and OP_Return transactions alongside a protocol based on the Omni Layer project. Also read: Group or […]

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Why Governance is the Greatest Problem That Blockchains Must Solve

Why Governance is the Greatest Problem That Blockchains Must Solve A chain is only as strong as its weakest link, and in a blockchain that link lies in the form of its founders. Getting nodes to achieve consensus is easy compared to the difficulty of getting humans to achieve consensus. The greatest challenge that new blockchains must solve isn’t speed or scaling – it’s governance. […]

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Blockchain Conferences Are the New Music Festivals

Cryptocurrency conferences provide a chance to absorb seminars, panel discussions, and keynote speeches from leading industry figures, and to conduct business face-to-face. At least that’s their official purpose. Unofficially, they’re an experiential extravaganza that puts some of the world’s most famous music festivals to shame. Also read: Japan’s GMO Upgrades Margin Services, Launches Wallet and In-Game […]

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DOJ Crypto Investigation Tanks Prices, Fundstrat Welcomes Adult Supervision

DOJ Crypto Investigation Tanks Prices, Fundstrat Welcomes Adult Supervision Investigations are all about the crypto ecosystem, but a recent report regarding a US Department of Justice price manipulation crackdown was widely said to be the cause of market caps falling, and by a lot. Fundstrat, the ecosystem’s favorite financial professional crypto bull, is on record as welcoming government regulation, what it calls “adult supervision.” […]

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Fundstrat’s Lee Admits Poor Prediction of Bitcoin Rally, Still Expects $25k Price by Year End

Fundstrat’s Tom Lee admits that his Consensus BTC rally prediction ‘did not happen,’ but still expects Bitcoin to reach $25k by year end

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Price of Bitcoin Slides Below $8,100 Amid Consensus Woes

This week has marked the duration of the fourth annual Consensus conference, the largest cryptocurrency conference in the world. As attendance more than quadrupled from 2017, to over 9,000 attendees, there was plenty of hype and heavy anticipation of the positive effect Consensus 2018 would have on cryptocurrency markets. Unfortunately, the conclusion of Consesnsus 2018 has not had the positive impact expected. Since local highs from May 15, the global cryptocurrency market has net a loss of over 10%, and this trend has not yet shown signs of slowing. In contrast, the previous three conferences had spawned massive bull runs,

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