Search Results for "consensus protocols"
TRON Credited with Powering Record USDT Growth
With all the speculation around future growth of cryptocurrency protocols, it can be hard to gauge fundamental network health accurately. However, one metric that never fails is user adoption, an indicator that can be measured onchain. When applied to TRON, this metric shows that the network’s user base is proliferating very rapidly, with USDT accounting for a significant tranche of all onchain activity.
Cardano’s Shelley Mainnet Code Launch at Virtual Summit Could be a Catalyst for ADA Price Rally
Prior to the bearish slump, Cardano’s ADA cryptocurrency has risen around 50% since late May 2020, in light of the news of its Shelley upgrade. The Shelley mainnet is a decentralized network of community nodes operating on a proof-of-stake consensus protocol, with less central governance coming from the developers.
Cardano Launches Project Catalyst—One Step Closer to Fully Decentralized Era Voltaire
IOHK, the blockchain engineering company behind Cardano has launched “Project Catalyst” in part of the network’s transformation into a self-sustaining system. Cardano aims to build a set of governance tools and processes that puts the future of the network in every ADA holder.
DeFi’s Smart Contract Risks: Cream Finance’s Input Error Led to CREAM Token Plunging 25%
The DeFi sector has attracted millions to billions of dollars worth of crypto to the industry, however, some protocols have shown issues.
Ethereum Breaks Past $2,000 for the First Time as DeFi's Total Revenue Hits $800 Million
Ethereum (ETH) is on fire as it continues making record-breaking moves. Ether has broken the record by surging past the $2,000 mark across major exchanges.
Exclusive: Why Sharding is a Bad Idea to Solve the Blockchain Trilemma?
In Part 2 of the interview, Fan Long shares with us the technical breakthrough of Conflux Chain, including the use of tree graph and directed acyclic graph! Long also compares Conflux Chain with competitors like Algorand and he explained to us why sharding is a bad idea to solve blockchain trilemma!
Why the World Needs a Blockchain Consensus Operating System
The true potential of blockchain to transform the lives of people around the world has clearly not been realised.
Ethereum Price on the Verge of Surpassing its All-Time High of $1400, Bitcoin Consolidates
Ethereum’s price has been on the rise, up 11% in the last 24 hours. On its end, Bitcoin has been consolidating and trading above the $35,500 level.
DeFi Protocol Harvest Finance Put Out $100K Bounty After $24M Attack, FARM Token Crashes
Harvest Finance is taking the offensive against an alleged attacker who exploited the DeFi protocols liquidity pools—putting a $100K bounty on the hacker.
What is VeChain?
VeChain was founded in Shanghai in 2015 by the former CIO of Luis Vuitton China, Sunny Lu, as a blockchain to improve business processes and supply chain management.
Ethereum Hits Major Bullish Milestones in Anticipation of the ETH 2.0 Staking Upgrade
Ethereum wallets containing 32 more or more ETH, the amount needed to stake a validator node under the upcoming ETH 2.0 upgrade has hit an all-time high. The number of Ethereum network balances with 32 ETH or more has been nearing 120,000, in anticipation of the proposed ETH 2.0 update. Validating nodes will be replacing miners in the current proof-of-work system to validate transactions to maintain the Ethereum blockchain. Over the year, the number of wallets holding at least 32 ETH has risen around 15 percent, according to Nansen AI. Although the ETH 2.0 upgrade has been delayed several times, the major upgrade is expected to be deployed in July.
Will DeFi Migrate to New Blockchain Platforms with the Surge in Ethereum Gas Prices?
The rise of DeFi in 2020 has made experts question whether Ethereum could sustain the sheer volume of transactions in the long run.