The cryptocurrency exchange Gate.io reportedly received $100.000 from the Ethereum Classic 51 percent attacker
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Ethereum Classic 51% Attackers Allegedly Returned $100,000 to Crypto Exchange
Category: PoW
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Ethereum Core Devs to Move Forward With ASIC-Resistant PoW Algorithm
Ethereum core developers have reached a tentative consensus to implement a new proof-of-work algorithm that would reduce the efficiency of ASIC-based mining on the network
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Ethereum Price Watch: Stagnating Financial Trend Observed For Premier Digital Asset During Last 5 Days
At press time, Ether, the world’s second most sought after crypto asset after Bitcoin, is trading at a price point of $211.85. As can be seen from the chart below, the premier digital token has continued to hover around the $210 region for more than 72-hours— a stagnating trend which many crypto experts find alarming. […]
The post Ethereum Price Watch: Stagnating Financial Trend Observed For Premier Digital Asset During Last 5 Days appeared first on NullTX.
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Mischief-Maker Promises to Livestream a 51% Altcoin Attack
“On Oct 13, 3:00 CDT I will be doing a 51% attack against the cryptocurrency Einsteinium,” began the call-to-arms. As promises go, this one was as bold as it was brazen. The anonymous attacker has promised to assume majority hashrate control of an altcoin to demonstrate how easy the process is. As proof, they’ve not […]
The post Mischief-Maker Promises to Livestream a 51% Altcoin Attack appeared first on Bitcoin News.
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Australian Blockchain Test on Amazon Cloud Reaches 30,000 Transactions per Second
Australia’s national science agency has claimed its blockchain platform was able to scale 30,000 transactions per second during a test on Amazon Cloud
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Proof-of-Stake is a Rebranded Version of the Old Financial System
Over the last few years, there’s been a lot of projects, both public and private, that are attempting to create a next-generation blockchain or something better than Satoshi’s Bitcoin. A great majority of these projects have condemned proof-of-work (PoW) cryptocurrencies because they think they waste resources, and many of these new blockchains have chosen to […]
The post Proof-of-Stake is a Rebranded Version of the Old Financial System appeared first on Bitcoin News.
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New Study Highlights the Many Positives of Bitcoin Mining
It’s become fashionable in public circles to bash Bitcoin on account of its energy consumption. Virtually every week, mainstream media (MSM) attacks bitcoin mining, painting alarmist pictures of a planet burning due to the ‘wasteful’ design of Proof of Work. The reality is less cut-and-dried. Bitcoin’s defenders have been hitting back lately, with one new […]
The post New Study Highlights the Many Positives of Bitcoin Mining appeared first on Bitcoin News.
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Ethereum Core Devs Delay ‘Difficulty Bomb,’ Reduce Block Rewards to 2 ETH
Ethereum core developers have decided to delay the “Difficulty Bomb” and reduce block rewards
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Ethereum Core Devs Debate Constantinople Hard Fork and “Difficulty Bomb” During Meeting
Ethereum core developers decide to release a hard fork every eight months, as opposed to the proposed six, at a meeting on YouTube
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Bitprim Launches Keoken — A Token and Smart Contract Platform for BCH
Over the past few months, many Bitcoin Cash (BCH) proponents have been discussing ideas such as representative tokens and smart contracts powered by the BCH network. Further, a few well-known organizations like Bitmain, Cryptonize.it and other BCH developers have introduced their own tokenization ideas. Now the firm Bitprim has announced the launch of a new […]
The post Bitprim Launches Keoken — A Token and Smart Contract Platform for BCH appeared first on Bitcoin News.
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