BitMEX, the crypto derivatives trading platform, has said that it will address the growing carbon footprint of Proof-of-Work (PoW) currencies like Bitcoin (BTC). It has been reported that the exchange said that while there are ostensibly “wildly divergent views and accuracy of information” regarding the climate risks posed by some cryptocurrencies, BitMEX feels it has a “responsibility to take positive action.” BitMex, the derivatives trading platform, has responded to allega

Proof of Work (PoW) and Proof of Stake (PoS) are the models that are called ‘consensus mechanisms’, which are a current requirement to confirm transactions that take place on a blockchain, without the need for a third party. There are currently discussions about Ethereum switching from Proof of Work to Proof of Stake. This change could affect the overall market related to crypto mining. This is an important risk factor that people, as an investor, should know. So, before we d

Cypherium blockchain joins the Microsoft for Startups program as a part of becoming the company’s blockchain-as-a-service, or BaaS, offering in the coming months. Cypherium blockchain uses a combination: Proof-of-work or PoW HotStuff consensus algorithms (used by Facebook’s Libra project) Proud to be partnered with @Microsoft to explore new #blockchain use cases with @Azure @msft4startups . Read more @Cointelegraph : https://t.co/o30gXfLuXT — Cypherium Blockchain (@CypheriumC

Blockchain is a distributed database that uses cryptography to enforce consensus about its content and rules that defines when and how something becomes part of a database and/or is executed. This Blockchain basics guide attempts to sort things up and provide an overview of the families and trees of blockchains. Applications Of Blockchain In Cryptocurrencies Cryptocurrencies use blockchain technology to create a decentralized monetary system by building a consensus about a sh

Ethereum’s Foundation Team lead, Péter Szilágyi has confirmed Dec. 4 as the expected date for the network’s forthcoming Istanbul hard fork. Szilágyi indicated that Istanbul will commence at block 9069000. 🔥 Geth v1.9.7 (Quad Kicker) out, enabling the Istanbul hardfork for #Ethereum mainnet (block 9069000, targeted for the 4th of December) 🔥 Among others we've shipped eth/64, a faster EVM, #golang 1.13.4 on all PPAs and almost done with DNS discovery! 🤓https://t.co/vlYHrSB