While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit

In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, some of the world’s top bitcoin mining pools are also using their hashrate to merge-mine other coins, and these networks have benefited from bitcoin’s increased hashrate. How Bitcoin’s […]

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Hathor Merge Mining Pool Commands 33% of the Bitcoin Cash Hashrate

Hathor Merge Mining Pool Commands 33% of the Bitcoin Cash HashrateBitcoin Cash proponents have been recently discussing a new mining entity with a large amount of hashrate joined the network. The merge mining operation called HathorMM currently captures 33% of the Bitcoin Cash hashrate and the miners are also mining Bitcoinsv as well. The Bitcoin Cash (BCH) network currently has 2.77 exahash (EH/s) of SHA256 […]

The post Hathor Merge Mining Pool Commands 33% of the Bitcoin Cash Hashrate appeared first on Bitcoin News.

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How Merge Mining and Anchored Blockchain Projects Capitalize on Bitcoin’s Security Model

An In-Depth Look at Merge Mining and Anchored Blockchain ProjectsSince 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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More Than 30% of BTC Traffic Stems from the Veriblock Project

More Than 30% of BTC Traffic Stems from the Veriblock ProjectOver the last few weeks, a blockchain project called Veriblock whose protocol piggybacks off the Bitcoin Core (BTC) network has sparked debate. More than a quarter of BTC’s transaction numbers stem from the Veriblock system and the project has been criticized for using the blockchain in this manner. Also Read: Orca Pool Mining Operation Aims to Defend […]

The post More Than 30% of BTC Traffic Stems from the Veriblock Project appeared first on Bitcoin News.

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RSK Sidechain Is Now Secured by 45% of BTC’s Hashrate

RSK Sidechain Is Now Secured by 45% of BTC's Network HashrateOn Feb. 14, the cryptocurrency infrastructure organization led by RSK Labs announced the one-year anniversary of the RSK network and highlighted several notable achievements. Over the last 12 months, the project’s merge mining has managed to gather 45 percent of the Bitcoin Core (BTC) network hashrate, making the RSK smart contract system more secure than […]

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Is Merge Mining the Solution to Proof-of-Work Woes?

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Although Proof-of-Work (PoW) has proven through Bitcoin to be the most secure mechanism for securing a blockchain, this past year has shown that mining as we know it is not secure. As PoW problems be continuously revealed and amplified over the course of 2018, the value and success of mining has been increasingly contended. When […]

The post Is Merge Mining the Solution to Proof-of-Work Woes? appeared first on NullTX.

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Bizarro World: Federated Sidechain Technology Promoted Over Nakamoto Consensus

Bizarro World: Federated Sidechain Technology Promoted Over Nakamoto ConsensusOn Oct. 10, Blockstream revealed that the company’s new product, Liquid, generated its first block on Sept. 27 and noted that a lot of the crypto-economy’s “biggest players” participated. Since Blockstream announced the launch of its federated sidechain, the technology has been praised by some and dismissed by others. Also read: BCH Devcon Streamlines Bitcoin Innovation […]

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