Bitcoin’s System is The Only Way to Build Cryptocurrency: Investment Firm Exec
Founder of Morgan Creek Capital, Mark Yusko, believes Bitcoin’s Proof of Work (PoW) consensus is the only viable protocol on ...
Tag: proof of work
The Bitcoin Network Uses as Much Electricity as Ireland: Study
According to a new study, the Bitcoin network could be consuming as much as 0.5% of the world’s total electricity ...
Verge Cryptocurrency Hit By 51% Attack, Loses 250,000 Tokens
The cryptocurrency Verge — which prides itself on "security/anonymity/privacy" — was hacked yesterday. In a short period of time, the ...
BitTorrent creator Bram Cohen Developing Cryptocurrency Chia Without ICO
Bram Cohen — the inventor of file sharing service BitTorrent — is behind an up and coming cryptocurrency called Chia. Chia, ...
Is Proof-of-Work a Major Problem for Bitcoin’s Future?
Bitcoin is a very energy-inefficient project as of right now. The proof-of-work aspect has been discussed many times over. It ...
PoW Blockchains Could Be Vulnerable to Balance Attack
The Proof of Work blockchains may have an Achilles Heel that makes them vulnerable to a “Balance Attack.” A group ...
Bitcoin vs Ethereum! Is the Comparison Exaggerated?
The phenomenal rise in the value of Ethereum a few weeks ago had people speculating about Ethereum turning out to ...
Ethereum and Litecoin: Apples and Oranges
In the past few months, Ethereum has climbed up the ranks to become the second largest cryptocurrency. Ethereum efficiently displaced ...
Bitcoins Will Change the Power Dynamics of the World | Longform
Power Dynamics are comprised of three elements — Authority, Information & Money. The three elements of power dynamics just mentioned are often interrelated. Achieving any ...
