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proof-of-work

cryptocurrency March 3, 2020

Advertisements There has always been a lot of tribalism in the cryptocurrency industry, especially when it comes to consensus methods. Power-hungry proof-of-work protocols are slowly being replaced by proof-of-stake (Pos) by many major digital currency platforms — but this too is not without its own set of potential drawbacks. Recent studies have delved into the […]

cryptocurrency July 8, 2019

HDAC Technology, a blockchain company backed by automaker Hyundai, announced a partnership with blockchain startup CasperLabs to build and integrate a customized Proof-of-Stake (PoS) consensus protocol. The companies signed a memorandum of understanding (MOU) on June 28, a small initial step toward further cooperation. Advertisements HDAC, issuer of the Hyundai-DAC token, is reportedly looking to switch from […]

cryptocurrency February 24, 2019

Pascal Thellman is CMO at Bounty0x, a simple service for earning crypto, and an advisor at PolyGrowth, a crypto PR firm. Advertisements — As proof-of-stake (PoS) networks gear up in an effort to compete with proof-of-work (PoW) blockchains, significant attention has been placed on their validator mechanisms and incentive structures for maintaining valid consensus. In […]

cryptocurrency April 24, 2018

Ranked number two in Google’s world news search in 2017, most have heard of Bitcoin (BTC), yet remain puzzled by the concept of Bitcoin mining. Recent headlines illustrate Bitcoin miners hacking computers through YouTube ads, being banned by state governments, and overcharged by electric companies. Yet, it is entirely understandable if you are still asking […]