Home Tags PoS

Tag: PoS

Ethereum Istanbul Hard Fork Release Date Confirmed By Core Developer

News Team lead at the Ethereum (ETH) Foundation Péter Szilágyi has confirmed Dec. 4 as the expected date for the network’s forthcoming Istanbul hard fork. In two tweets posted on Nov. 7, Szilágyi indicated that Istanbul will commence at block 9069000. He provided Geth mainnet node operators with a..

Crypto Exchange OKEx Is Listing Tezos With Bitcoin, Tether Pairs

News The world’s 3rd largest crypto exchange OKEx has announced it will be listing Tezos (XTZ) later this week. In an announcement shared with Cointelegraph on Nov. 4, OKeX said that XTZ deposits will be available as of 09.000 UTC on Nov. 6, with XTZ spot trading against Bitcoin (BTC) and Tether (..

CasperLabs Shows First ‘Provably Safe’ Ethereum PoS Protocol ‘Highway’

News Ethereum development firm CasperLabs announced “Highway,” allegedly the first correct-by-construction Casper Proof of Stake (PoS) implementation that is provably live and safe. Provably safe and liveAccording to a press release shared with Cointelegraph on Nov. 1, a protocol is safe if it is ..

Bakkt Teases Launch of Consumer Payments App Scheduled for 2020

News Cryptocurrency custody and futures trading platform Bakkt has announced its coming entry into mobile payments with a consumer app. Per an Oct. 28 blog post from the company, Bakkt will follow its recent successes in trading Bitcoin (BTC) futures with a consumer app. According to the company, ..

Researcher: Google Quantum Breakthrough Could Improve Proof-of-Stake

News The application of Google’s quantum computing technology could purportedly help improve the technology which underpins proof-of-stake (PoS) cryptocurrencies. Quantum computing would create truly random numbersPoS is a type of consensus algorithm where block creators are randomly chosen with p..

If Bitcoin Fails, Crypto Industry in for a Bad Time: Cardano Founder

News Ethereum (ETH) co-founder turned Cardano (ADA) creator Charles Hoskinson believes that if Bitcoin (BTC) fails, the entire cryptocurrency industry could fail. Hoskinson made his remarks during an interview for the Off the Chain podcast on Oct. 10, hosted by Morgan Creek Digital Assets co-found..

Major South Korean Store Chain Supports Blockchain Payments App

News Mobile payments app CHAI is launching mobile blockchain-based payments at 13,500 CU convenience stores in South Korea. According to an Oct. 7 press release shared with Cointelegraph by blockchain startup Terra, CHAI — which operates on the Terra blockchain — will now be accepted as a means of..

Ethereum Istanbul Imminent But ETH Price Still Plunging

A major network upgrade or hard fork is usually bullish for a crypto project. Ethereum has long been subject to indignation from its adversaries for its lack of scalability and network problems when under pressure. The first phases of a long awaited protocol upgrade are about to be rolled out but wi..

Nuls and Aleph Test New Staking Service, Introduce New Reward Model

News Enterprise-grade blockchain platform Nuls and cross-blockchain layer-2 network Aleph have jointly completed testing of a new staking service dubbed staked coin output (SCO), which applies a new type of reward model. Per a press release published on Aug. 13, the new service allows community me..

PIVX, Possibly Other PoS Chains Vulnerable to Bug, Attackers Profit

News Private transactions cryptocurrency PIVX and over 200 other blockchains are vulnerable to a vulnerability allowing the attacker to obtain disproportionately high staking rewards. A major staking vulnerabilityCryptocurrency consulting firm Lunar Digital Assets claimed in a post published on it..

Get in touch