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Since 2011, just after Satoshi Nakamoto left the Bitcoin project for good, networks have emerged that leverage the BTC chain in some way. A variety of projects over the last nine years have found value in anchoring some sort of feature set to BTC in order to bolster the satellite’s underlying network. The following article […]
The post How Merge Mining and Anchored Blockchain Projects Capitalize on Bitcoin’s Security Model appeared first on Bitcoin News.
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Blockchain startup Blockstack has revealed the company is in the midst of developing a new distributed ledger protocol called Stacks, a chain that leverages the hash power from the Bitcoin Core (BTC) network. Not only is the Stacks network secured by over 45 exahash of distributed hashrate, but its consensus algorithm also burns BTC by […]
The post Stacks Network Plans to Leverage BTC’s Proof of Work and Burn Bitcoins appeared first on Bitcoin News.
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