This week the Zcash Foundation and researchers from the University of Luxembourg have released a study that finds the presence of ASIC and FPGA miners may be controlling around 30 percent of the overall Equihash mining hashrate. The study speaks volumes to cryptocurrency developers and communities who have attempted to produce proof-of-work mechanisms that were […]
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Obelisk, a new ASIC manufacturer led by Siacoin developer David Vorick, has released plans for an ASIC launchpad for Proof of Work coins. Its aim is to provide new and existing cryptocurrencies with an ASIC-friendly algorithm that will mitigate the rising threat of 51% attacks. Although initially devised with the company’s own ASIC miner in […]
The drama surrounding the Verge cryptocurrency seemingly will not end. There is a lot to talk about when it comes to this particular cryptocurrency, for obvious reasons. However, there are also a fair few concerns to contend with, especially given the recent attacks against the network. It now seems some of the code used to patch the latest problem was “borrowed” from a different cryptocurrency. More Verge Drama to Feast on Whenever any discussion related to Verge arises, there will be people who oppose new information and others who think the truth needs to be shared as quickly as possible. Allegations always tell just
Even though a lot of people are still shocked that Pornhub actually took the plunge on Verge, it seems that decision may come back to bite the company. Due to the ongoing attacks against the Verge network, Pornhub and its cohorts are at risk of seeing transactions reversed or spoofed. It is a very big problem and an example of why solid technology should always be the foundation of any payment method. Pornhub and Verge Have Issues While one has to commend an entity such as Pornhub for accepting cryptocurrency payments, the decision to go with Verge still raises a lot
First it happened to verge. $1.8m of cryptocurrency swiped in a matter of hours. Then to bitcoin gold, plundered in an $18m double spend attack. Then to verge again, this time to the tune of $1.7 million. Along the way, monacoin is also believed to have been hit. Someone is methodically working their way through […]
There is never a shortage of drama or excitement surrounding the Verge cryptocurrency. Despite having made a lot of positive headlines over the past few weeks, Verge continues to stumble. Unfortunately, it is the second time an exploit associated with this project has been discovered. So far, over $1.7 million worth of XVG has been stolen, although the full impact remains to be determined. Another Verge Exploit Causes Trouble Earlier this year, it became apparent that the Verge blockchain had fallen victim to a massive exploit. At the time, hackers stole an undisclosed amount of XVG which was subsequently converted to fiat currencies through various exchanges. It
Even though not everyone likes the Verge currency or its ecosystem, the success of this project cannot be denied. It appears Verge is of great interest to all kinds of industries, ranging from adult entertainment networks to the health sector. It’s the latter development which is especially surprising, albeit very intriguing. The Health Sector and Verge It is rather interesting to see cryptocurrencies making inroads in so many different sectors all of a sudden. For Verge, one of the privacy-oriented cryptocurrency projects, things are headed in a positive direction. After a major deal was struck with Pornhub and Brazzers, it seems a completely different industry
Accident-prone altcoin verge has been crippled by yet another mining attack. A little over a month after being subjected to a 51% attack, the network is once again at the mercy of a malevolent attacker who is rejecting blocks and profiting handsomely off the carnage caused. The repeat attack illustrates the risks faced by low […]
After delving into the world of cryptocurrencies one can see that good majority of digital asset proponents are big fans of privacy and anonymity. Just recently a spreadsheet document was published that lists the top privacy-centric coins and the various differences between them. The paper called “Privacy Coin Matrix,” allows enthusiasts to see a comprehensive […]
Ever since Verge partnered with Pornhub, things seemingly have made little sense when it comes to the latter platform. Even so, it shows they are genuinely interested in cryptocurrency for various reasons. Pornhub’s latest venture involves paying models in the Verge cryptocurrency. It’s a surprising decision, and one that raises a lot of questions. Pornhub has an Ambitious Plan Verge surprised the entire cryptocurrency ecosystem when they announced a partnership with Pornhub not that long ago. At first, some enthusiasts assumed it was ‘fake news’, as there is very little reason for a respected entity such as Pornhub to partner with one of the