On Thursday, Binance announced on its official Twitter page that it would support the hard fork and upgrade of the Monero network. The hard fork and network update will occur at block height 2,688,888, or around 2022-08-13 (UTC). #Binance will support the @Monero $XMR network upgrade & hard fork.https://t.co/0s0j47ZLQd — ...
During the ETH Seoul 2022 conference, an Ethereum and blockchain-focused event held in South Korea, Vitalik Buterin, co-founder of Ethereum (ETH), presented several ideas that he claims are worthwhile for developers to work on. The Ethereum creator first urged programmers to create rollups, a scaling solution that entails aggregating transactions ...
Different improvements in user experience have been introduced at various stages of the web's history. For example, in the early stages of the internet, or "Web1," only static websites that conveyed information were available. Given the buzz generated by the concept of a decentralized web, technical discussions have included topics ...
With the Ethereum blockchain experiencing scalability issues, more platforms have developed scaling solutions to address the issue. Typically, these scaling solutions are intended to improve transaction speed while reducing the high transaction costs associated with the Ethereum chain. The Ethereum network has recently been under increased pressure. Developers are building ...
Some blockchain networks are solving the blockchain trilemma, with different elements and versions of the PoS consensus mechanism. This article analyzes the history, structure, and utility of Near Protocol, Cardano, Polkadot, and Harmony One. Near Protocol Near Protocol is a network that is focused on solving the blockchain trilemma and ...
Solana Solana is a new generation blockchain designed to solve the issues identified on Ethereum. It, like other networks that emerged after the creation of Ethereum, seeks to solve the blockchain trilemma, without compromising an important element for others. Ethereum 1.0, a Proof of Work network, achieved security and decentralization ...
Blockchain technology has been altering different spheres of life, from traditional financial activities, through supply chain management structures and down to marriages. As an immutable and transparent technology, many industries are seeing the need to incorporate it into their operations, as a way of breeding efficiency in their systems. Trust ...
The high amount of energy consumed by Proof of Work (PoW) systems led to many in the cryptocurrency space looking for more efficient and greener alternatives. While Proof of Stake (PoS) systems emerged as a viable alternative to PoW, many believed that the system advocated cryptocurrency hoarding and hence was ...
What is Proof of Stake? The first generation of blockchains used the Proof of Work consensus mechanism, which is currently being used by Bitcoin. Proof of Stake was created to solve the issues noticed in the forerunner of blockchain like the complex validation process, which consumed a massive amount of ...
Cardano founder Charles Hoskinson recently conducted a "hypothetical poll" on the X (formely Twitter), sparking discussions about a potential integration between Cardano and Bitcoin Cash. In the poll, Hoskinson asked, "Would you like to see Bitcoin Cash become a Cardano Partnerchain upgraded with Useful Proof of Work Leios, NiPoPoWs, and ...
