crypto

Devs at the Ethereum Foundation and at a start-up called Matter Inc have launched on testnet a Plasma scaling solution that uses ZKSNARKs to allow for 500 transactions a second or more. They say: “In Ignis verification of transactions by users is replaced by the following approach: operator(s) proposing blocks mustRead More →

crypto

According to data provided by Coin Metrics, there are an additional 2.04 million Bitcoin Private (BTCP) coins that were covertly premined. Coin Metrics is a company that provides digital currency analysis. The information was released on December 23rd by the cryptocurrency firm. The potential for backlash here is strong and could derailRead More →

crypto

Chinese cryptocurrency mining titan Bitmain confirmed the restructuring of the company in order to “build a long-term, sustainable and scalable business.” In a statement to CBNN, a Bitmain representative said: “There has been some adjustment to our staff this year as we continue to build a long-term, sustainable and scalable business. ARead More →

crypto

BitMEX Research — the research arm of the BitMEX exchange — recently released a report analyzing the effects the recent market downturn has had on the mining industry. BitMEX’s conclusions are drawn from analysis of miner profit margins and the declining hash rate in Bitcoin, among other factors. As the 2018 bearRead More →