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 work
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 – 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…
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…