Months before Ethereum transitioned from proof-of-work (PoW) to proof-of-stake (PoS), a simulation of The Merge had shown the network’s issuance rate would drop following the ruleset change. Statistics now show that the simulation’s predictions have come to fruition as the network’s issuance rate has slowed significantly since September 15, following the Paris Upgrade that triggered […]
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On June 28, Bitcoin Cash proponent Javier Gonzalez announced the launch of an interesting protocol called the Bitcoin Mining Parliament (BMP). The theory behind BMP is backed by the concept of Nakamoto Consensus where “miners are the executive power of Bitcoin” and “any needed rules and incentives can be enforced with this consensus mechanism.” Also […]
The post Confronting Bitcoin Network Issues Using Nakamoto Consensus and a Mining Parliament appeared first on Bitcoin News.
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The Bitcoin Unlimited development team have published the full node clients’ Bitcoin Cash edition version 1.5.0, which includes an implementation of all the November 15 upgrade features from Bitcoin ABC. According to the development team, support for the Bitcoin SV team’s ruleset is “pending” and Bitcoin Unlimited’s lead programmer, Andrew Stone, has explained he would […]
The post Bitcoin Unlimited Adds ABC Client Upgrade Features for November’s Hard Fork appeared first on Bitcoin News.
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