Tag: Proof-of-Stake

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Part 4 Will Wall Street Coopt and Strangle Etherum?

Bitcoin is radical and disruptive. In addition to being a totally decentralized, permissionless system, there are no human managers that you can talk to. Ethereum is different. You can talk to Vitalik Buterin and Joseph Lubin. Techies may prefer Vitalik Buterin and biz types maybe more comfortable with Joseph Lubin, but both are humans that…
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26 October 2021 0

Part 3 Competition to Ether from Bitcoin and “wannabees”.

Ethereum is perceived as better than Bitcoin because it can run smart contracts. The inconvenient truth for Ethereum fans is that you can also run smart contracts on the Bitcoin blockchain and the innovation in this space looks vibrant with projects such as Sphinx on the Lightning Network and Stacks (fka Blockstack). There are also…
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19 October 2021 0

Part 2 Ethereum’s big transition to Proof Of Stake

A much heralded part of Ethereum 2.0 is the transition to Proof Of Stake. It may happen during 2021 or 2022. With Proof Of Stake, users validate transactions based on the number of coins they hold. For example, the more ETH a user has, the more power they possess. This is not mining, it is…
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12 October 2021 0

Part 1 what is Ethereum 2.0?

Ethereum is a blockchain platform born in 2014 that enables programmers to build decentralized ledger applications (DApps). Confusingly there is both a native currency/token “ether,” only for  transactions on the platform, and an investable asset called ETH. The Ethereum 2.0 upgrade began many years ago and got some reality with Beacon Chain in December 2020,  existing alongside…
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5 October 2021 0

Solana, a blockchain platform followed by top crypto investors, says it’s far faster than Ethereum

Solana isn’t widely known yet outside of the crypto community. But insiders think the blockchain platform is interesting for a wide variety of reasons, beginning with its amiable founder, Anatoly Yakovenko, who spent more than a dozen years as an engineer working on wireless protocols at Qualcomm and who says he had a lightbulb moment…
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15 May 2021 0

Gaming giant Ubisoft to become corporate baker on Tezos network

Ubisoft, the video game studio behind popular titles such as Assassin’s Creed, Prince of Persia and the Tom Clancy series, will become a corporate Tezos baker, or validator node. In a statement issued on Tuesday, Ubisoft announced its partnership with Tezos-backed Nomadic Labs that will see the latter creating a validator node on the Tezos…
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20 April 2021 0

Bitmain’s new Ether ASIC mining rig may not fix GPU shortage after all

Cryptocurrency mining rig manufacturer Bitmain announced the pending release of a new Ether (ETH) miner on April 16. The Antminer E9 model is an application-specific integrated circuit chip, which will run on the Ethereum blockchain’s Ethash algorithm. No official release date has yet been announced for the E9, however, the machine’s arrival may not be…
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16 April 2021 0