The Ethereum network has been on a years-long path to switch its energy-hungry proof-of-work blockchain to a more efficient proof-of-stake system, and now its developers are suggesting a date to make the switch. It’s not final yet, but on a call streamed via the Ethereum Foundation’s YouTube page, they decided to submit this pull request…
Tag: proof of stake
Ethereum’s London Hard Fork Expected to Launch on August 4
Ethereum’s long-awaited London hard fork is likely to launch on Aug. 4 between 13:00 UTC (9 a.m. ET) and 17:00 UTC, with block 12,965,000. Many Ethereum enthusiasts are excited for the delayed release, while some are watching on with “cautious optimism.” As a part of a roadmap designed to lead up to the release of…
Blockchain Project Of The Week – EOS
EOS is a blockchain protocol based on the cryptocurrency EOS. The smart contract platform claims to eliminate transaction fees and also conduct millions of transactions per second. Its a platform that’s designed to allow developers to build decentralized apps (otherwise known as DApps for short.) The project’s goal is relatively simple: to make it as…
Blockchain Project Of The Week – Theta (THETA)
Theta Network is the leading video delivery network powered by blockchain technology. Theta allows users to simultaneously watch video content and earn token rewards for relaying video to other users who are also watching the same content. In the same vein as other sharing economy models, users opt-in to volunteering their spare bandwidth and computing…
Blockchain Project Of The Week – Cardano (ADA)
Cardano is a blockchain platform for changemakers, innovators, and visionaries, with the tools and technologies required to create possibility for the many, as well as the few, and bring about positive global change. According to its founders, its the first to be founded on peer-reviewed research and developed through evidence-based methods. It combines pioneering technologies…
Crypto Exchange Binance Is Setting Up Shop in Singapore
Cryptocurrency exchange Binance is launching a new fiat-to-crypto exchange in Singapore later this month. The news was announced Thursday by Binance CEO Changpeng “CZ” Zhao at the Deconomy event in Seoul, South Korea, in a tweet on the exchange’s account that said: “#Binance Singapore will come online in April. It will be our next Fiat…
Cosmos – A Blockchain to Connect All Blockchains
Cosmos, a highly anticipated blockchain itself designed to improve the interoperability between any number of other blockchains, has officially released a live software. With the mining of its first block at 23:00 UTC, the project has launched Cosmos Hub, the first in a series of proof-of-stake (PoS) blockchains that will be created in the Cosmos…
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