Amazon May Soon Accept Bitcoin (And Sell the Data to Law Enforcement)
Companies

Amazon Files Proof-Of-Work Patent Using Cryptography

Amazon this week filed a US patent for a Proof-of-Work system which uses cryptography to generate Merkle trees. The Bitcoin and Ethereum networks use such ‘hash trees’ to...

Emilio Janus | May 16, 2019 | 13:00
Bank of International Settlements (BIS)
News

Bitcoin Should ‘Depart’ From Proof-of-Work, Says Bank Of...

Bitcoin figures have dismissed the latest report on cryptocurrencies by the Bank of International Settlements (BIS) after it claimed Bitcoin must stop using its Proof-of-Work...

Esther Kim | Jan 22, 2019 | 10:00
Ethereum

‘Ethereum 2.0’ PoS Blockchain Aims to Cut Energy Use by...

Ethereum not only hopes to maintain its position as one of the world’s largest cryptocurrencies but also to achieve supremacy by becoming more energy efficient. Ethereum leadership...

Julio Gil-Pulgar | Jan 04, 2019 | 03:00
News

Bank of Canada: Proof-of-Work Beats Alternative Consensus Systems

Canada’s central bank has championed proof-of-work (PoW) algorithms as part of a new research paper on Blockchain consensus. ‘Irretrievable Sunk Costs’ In its Staff...

Wilma Woo | Jul 25, 2018 | 11:00
News

Proof of Burn: A Better Alternative to Proof of Work?

One emerging development that we are seeing within blockchain architecture is the growing need to construct the optimal consensus algorithm. These algorithms are fundamental in...

Bisade Asolo | Apr 06, 2018 | 01:00
Coinage CEO: Market Needs to Move Beyond Bitcoin
News

Bitcoin.org Co-Owner: I Will Support New PoW Fork After SegWit2x

The co-owner of Bitcoin.org and Bitcointalk has said he will support a new Bitcoin proof-of-work (PoW) chain after SegWit2x – even if the Core chain survives. ‘Prepare To...

Wilma Woo | Nov 06, 2017 | 16:15
Algorithm
News

Reckless or Doable? Bitcoin Algorithm Change Sparks Backlash

The latest turn for the Bitcoin scaling debate has seen rumors abound of potential support for changing the virtual currency’s proof-of-work (PoW) algorithm. PoW Algorithm Change...

Wilma Woo | Mar 21, 2017 | 06:00
HEAT ledger
Interviews

Blockchain 3.0 Technology: Project Leader on the New HEAT Ledger

Svante Lehtinen sat down with Bitcoinist to talk about the proposed HEAT ledger. Billed as a ‘blockchain 3.0 technology,’ The project claims to improve upon current...

Trevor Hill | Aug 04, 2016 | 12:38
Creditbit
Altcoins

Creditbit Claims to Be ‘Ten Times Faster’ Than Bitcoin

Creditbit, an “open source digital currency protocol,” reports that it is “10 times better than Bitcoin when it comes to the speed and rate of transactions.” The team behind...

Bitcoin PR Buzz | May 14, 2016 | 14:18
Antonopoulos
News

Andreas Antonopoulos Makes Bold Prediction on Bitcoin Consensus

Andreas Antonopoulos surprised a crowd at a Berlin Bitcoin conference last week by claiming that, by the end of this year, Bitcoin’s consensus algorithm will be totally changed...

Justin OConnell | Apr 28, 2016 | 06:00

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