consensus protocols
Understanding Consensus Protocols: A Comparative Study of PBFT and BBCA-Chain by Chainlink (LINK)
An exploration of sequential and parallel consensus protocols, focusing on the differences between PBFT and BBCA-Chain.
In Blockchain We Trust? New Paths to Religious Consensus
Religion, technology, blockchain, and AI. Deep, far-reaching concepts come together in mysterious and fascinating ways to form the basis of new religious and faith movements.
Ripple CTO: Why Ripple Ledger's Consensus Algorithm is More Reliable and Energy Efficient than PoW
Ripple CTO David Schwartz talks about reasons why Ripple Ledger (XRPL)'s consensus is more reliable and energy-efficient than Proof of Work (PoW) Consensus.
Exclusive: How Significant is Consensus As-a-service Model?
While Amazon and Microsoft launched Blockchain as-a-service (BaaS) platform in 1H 2019, Hedera Hashgraph collaborated with IBM to launch consensus as-a-service model! Is this the next upcoming tech trend for giants to follow?
What You Need to Know About Jae Kwon’s Cosmos (ATOM) Blockchain
The blockchain network Cosmos is unlike any other that has been created so far, offering interoperable solutions across many digital decentralized protocols.
Blockstack Breaks New Ground with Proof of Transfer (PoX) Consensus Mechanism, like PoS Without the Risk
Blockstack recently released a white paper for a new blockchain consensus mechanism called Proof of Transfer (PoX). The mechanism is for blockchains piggybacking off the Bitcoin blockchain or other PoW networks, and would require miners to commit BTC to secure the block rather than proof of work.
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.
Exclusive: How to Ensure Random Numbers in Public Blockchain?
Following Part 1 of our interview, Jing Chen of Algorand further teaches our readers on how to ensure the randomness of a number in public blockchain! She also evaluates the existing Proof-of-Stake (POS) protocols: Delegated VS Bonded VS Pure POS!
Ethereum Founder Vitalik Buterin Says Layer 2 Scaling Solution Has ‘Basically’ Succeeded
Ethereum has been seeing an upward trend, and demand may increase further in anticipation of the upcoming ETH 2.0 update expected in Q3 2020. Ethereum is scheduled to undergo a major change of its consensus mechanism, transitioning from proof-of-work (PoW) to proof-of-stake (PoS). Ethereum has been expecting its scaling to occur for some time, and according to Ethereum’s creator, Vitalik Buterin, it could already be happening. Vitalik Buterin recently tweeted that the Ethereum blockchain network’s “layer 2 strategy has basically succeeded.”
Bringing Bitcoin to Ethereum: Wrapped Bitcoin Surpasses $1 Billion in Total Value Locked
Decentralized finance (DeFi) keeps booming as one of its Bitcoin tokenization protocols recently skyrocketed by 900% in a span of two months.
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.
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.
Could DeFi’s Yield Farming Craze Hinder Ethereum 2.0’s Upcoming Launch?
According to a report by ConsenSys, high yields gained from DeFi protocols running on the Ethereum blockchain may be problematic for ETH 2.0 in the long run.