Defi Educator Says $22 Billion in ETH 2.0 Funds Won’t Be Liquid Immediately After PoS Transition

As Ethereum’s transition to proof-of-stake (PoS) gets closer and the network’s hashrate taps another all-time high, the Ethereum 2.0 contract is close to nearing 13 million ether worth $22.6 billion using today’s ether exchange rates. Moreover, according to a decentralized finance (defi) educator, the $22.6 billion worth of ethereum that continues to grow won’t be […]

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Terra Whistleblower Publishes Alleged Chat Log Between Do Kwon and Network Validators

Over two weeks after the Terra LUNA and UST fallout, a whistleblower dubbed “Fatman” published an alleged chat log between the project’s co-founder Do Kwon, Terra validators, and infrastructure providers from the Terra blockchain community. If the chat log is legitimate, Fatman claims the document proves over 50 people “knew about the [network] halt before […]

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Terra Blockchain Temporarily Stops Block Production, Aims to Restart Network With a Patch

At 12:14 p.m. (ET), the Twitter account operated by the Terra team announced that the Terra blockchain network had been halted. According to the Terra developers’ tweet, Terra validators needed to apply a patch to further disable delegations. Terra Blockchain Halts in Order to Prevent Governance Attacks, Team Says Restart Coming Soon At the time […]

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Ethereum Devs Implement Merge Testnet Kiln, Testing Ground Expected to Be the Last Before PoS Transition

After implementing the merge testnet Kiln, Ethereum is seemingly getting closer to transitioning to a full proof-of-stake (PoS) network. According to developers Kiln’s execution layer was initially launched leveraging proof-of-work (PoW) and since March 15, Kiln is running entirely under a proof-of-stake consensus algorithm. Ethereum’s Kiln Merge Testnet Goes Live Ethereum developers are making progress […]

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Ethereum Beacon Chain Surpasses 300K Validators, Over $28 Billion in Ether Deposits Locked

The Ethereum protocol has reached another milestone as the number of Ethereum 2.0 validators has surpassed 300,000. At the time of writing, the Ethereum 2.0 contract has over 9.6 million ether deposited worth more than $28.4 billion. Ethereum Beacon Chain Validators Jump Past the 300,000 Mark For quite some time now, Ethereum (ETH) network participants […]

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Validator Entry Thresholds on the Decline as Cloud-Based Staking Challenges Surmounted

Validator Entry Thresholds on the Decline as Cloud-Based Staking Challenges SurmountedThrough the novel use of hardware security modules in conjunction with a communication module, a collaboration between Bluzelle and Equinix will significantly reduce the barriers preventing the equal distribution of opportunities for potential proof-of-stake (PoS) node validators. Lower Cloud Hosting Barriers Transform The Validator Landscape The gradual transition to proof-of-stake (PoS) consensus algorithms has tackled […]

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DAOBet iGaming Solution Mainnet is Now Live

DAOBet iGaming Solution Mainnet is Now LiveDAOBet (ex DAO.Casino) is a blockchain for the iGaming 3.0 industry, with the mainnet launched by validators on November 27th, 2019. The mainnet was launched by 21 leading block producers with eight more validators on standby. The development will further realise the full scope of DAOGroup’s decentralized iGaming products.

The post DAOBet iGaming Solution Mainnet is Now Live appeared first on Bitcoin News.

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What Is Proof-of-Authority?

Blockchain consensus algorithms can be very confusing. Even proof-of-work throws people for a loop more often than not. In the case of proof-of-authority, the algorithm is very different from what one would expect. Now is a good time to see what it is all about. The Proof-of-Authority Concept Compared to proof-of-work, which relies on mining, […]

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PR: ValueCash Launches ICO That Allows Users to Earn as They Spend While Using Crypto to Pay for Goods & Services

ValueCash Pay for Goods & Services in CryptoMany credit card companies offer the moon to consumers such as free gifts or reward spending programs, but those perks seemed to be missing in the world of Cryptocurrency, that is, until now. ValueCash is the first Cryptocurrency exchange ecosystem that rewards its users’ earnings and spending.

Los Angeles, ValueCash announced this week that they will be launching an Initial Coin Offering that is sure to stir up the competition in the world of cryptocurrency trading. ValueCash is a decentralized cryptocurrency and exchange where its token holders can make payments for goods and services while simultaneously earning new ValueCash through their purchase and acceptance. ValueCash is doing something never done before by offering rewards based on spending and other ICO’s are taking notice.

The post PR: ValueCash Launches ICO That Allows Users to Earn as They Spend While Using Crypto to Pay for Goods & Services appeared first on Bitcoin News.

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