Both of these methods are used to validate transactions on blockchain networks. One of the world’s biggest cryptocurrencies is transitioning from one to the other this year. One is known for security.

The consensus method is arguably the most crucial building block of distributed ledger networks because it defines how individuals reach agreement in a global and permissionless system. A key ...

Swedish financial regulators and the European Commission have discussed the possibility of banning the proof-of-work method that underpins bitcoin because of its impact on the environment, according ...

[Asia Economy Reporter Lee Jung-yoon] The Kobit Research Center, under the domestic cryptocurrency exchange Kobit, has released an analysis indicating that the ETHPow, an Ethereum chain based on the ...

Breakthroughs, discoveries, and DIY tips sent every weekday. Terms of Service and Privacy Policy. There was major news in the cryptocurrency world earlier this month ...

A blockchain consensus mechanism that determines which miner can add transactions to the blockchain based on the amount of crypto the miner holds. The more crypto and the longer it is held (the more ...

On Thursday, ethereum carried out what is being called the “Merge,” a highly anticipated change to the way the currency validates tokens within its system. “Happy merge all,” tweeted ethereum founder ...

PoR audits are cryptographic verifications used by cryptocurrency exchanges to prove they hold sufficient assets to cover customer deposits. Using methods like Merkle trees and zero-knowledge proofs, ...

Posts from this topic will be added to your daily email digest and your homepage feed. is a senior science reporter covering energy and the environment with more than a decade of experience. She is ...