ether

The cryptocurrency industry is usually under development as the tech underpinning blockchain is still very new. One such project that may undergo an important update to its mining algorithm is Ethereum. On January 4th, members of Ethereum’s open-source development community came to a preliminary agreement to implement an important new algorithmRead More →

Ethereum (ETH) core devs have reached a tentative consensus to implement a new proof-of-work (PoW) algorithm that would increase the efficiency of GPU-based mining on the network. The development was discussed in a meeting on Jan. 4th. During the meeting, developer Hudson Jameson noted he had heard “very little dissent” to implementingRead More →

crypto

He has hinted at it several times before, but Vitalik Buterin has finally declared that he does not believe in the proof-of-work (PoW) system which Ethereum, the platform he co-founded, uses. The self-proclaimed “non-giver of Ether” tweeted on Christmas Day that “I don’t believe in proof of work!” When pressedRead More →

crypto

Ontology is a blockchain platform built to accommodate other blockchains, in both private as well as public sectors so that enterprises can utilize its technological innovation. This guide to Ontology will introduce the ways in which the project plans to accomplish this. With the ONT blockchain targeting enterprises, it gives businessesRead More →