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BITCOIN PRICE: 9,045.02     HIGH: 9,755.53     LOW: 8,751.00

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Blockchain Nation Miami • April 25-26, 2018

Blockchain Nation Conference an event organized by Crypto World Journal provides a unique platform to learn about the latest trends,…

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Tag: Proof of Stake

Ethereum’s Much Awaited Casper Update Is “Ready For Review”

Category: Blockchain, Commentary, Ethereum, News, Tech

Ethereum’s Much Awaited Casper Update Is “Ready For Review”

As per a developer meet on April 20, 2018, the much awaited consensus code for Ethereum is ready to be reviewed. Greener Pastures First mentioned in the Ethereum improvement proposal (EIP) 1011, the code marks a step away from energy-intensive mining operations for the ethereum network. The process, called “minting” instead of the energy-soaking crypto mining, is considered a ‘greener’…

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Proof of Stake Altcoins You Can Profit From Without a Mining Rig

Category: Altcoins, Blockchain, Finance, News, Tech

Proof of Stake Altcoins You Can Profit From Without a Mining Rig

Most cryptocurrencies usually validate transactions over their network with the help of miners, employing what is known as the Proof of Work (PoW) system.  A rival concept, however, named proof of stake, may finally change all of that and transfer the power of decentralization from miners to actual users of the cryptocurrency. Coins that are mined using PoW are termed…

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GoldMint’s Cryptoasset to Give Gold the Blockchain Makeover

Category: ICO News

GoldMint’s Cryptoasset to Give Gold the Blockchain Makeover

Cryptocurrency and gold are both valued for their resistance to inflation and preserving real wealth over the long term, but many crypto advocates point to two concerns. The lack of portability and physical seizure of the yellow metal. GoldMint will offer to cryptocurrency investors a 100 percent gold-backed token, hoping to ease these concerns. Cryptocurrency investors should be interested in…

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Ethereum: Winter is Coming!

Category: Blockchain, Ethereum, News

Ethereum: Winter is Coming!

Ethereum marches into the Ice Age; the Difficulty Bomb starts to become noticeable, as the miners need more time to find new blocks. This freezing of the network aims to help to master the switch to Proof of Stake. Currently, the Difficulty Bomb of Ethereum is hard to see. Since the beginning of 2017 the price of the second most…

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New Anonymous Cryptocurrency INTCoin to Launch in June

Category: Altcoins, News

New Anonymous Cryptocurrency INTCoin to Launch in June

New blockchain project INTCoin has announced its launch for the beginning of June and is currently undergoing a presale for its cryptocurrency targeted at early adopters. INTCoin leverages the blockchain’s capabilities to create a digital currency with instant transactions and minimum fees. The INTCoin project has developed a decentralized global cryptocurrency that provides secure low-cost instant financial transactions with complete…

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Ethereum’s Vitalik Buterin and Waves Platform’s Sasha Ivanov Collide

Category: Altcoins, Ethereum, Interviews, News

Ethereum’s Vitalik Buterin and Waves Platform’s Sasha Ivanov Collide

Vitalik Buterin co-founder of the decentralized smart contract application Ethereum and Waves Platform founder Sasha Ivanov had a chance to meet for the first time at an open lecture at the Digital October Center in Moscow. In an exclusive BTCManager interview with Ivanov, we asked him about his experience in meeting Buterin, where things stand regarding Ethereum’s inroads into Russia…

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A Chat With Qtum Team Leader, Patrick Dai

Category: Altcoins, Blockchain, Interviews, News

A Chat With Qtum Team Leader, Patrick Dai

Qtum is a new project which can be described as a hybrid of Bitcoin and Ethereum with a focus on mobile and business applications. Qtum puts the Ethereum Virtual Machine (EVM) on top of the Bitcoin UTXO model and joins the two with something called an Account Abstraction Layer. This enables execution of smart contracts and decentralized applications, comparable to…

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Vitalik Buterin Confirms Ethereum’s Proof of Stake 75 Percent Complete

Category: Blockchain, Ethereum, News, Tech

Vitalik Buterin Confirms Ethereum’s Proof of Stake 75 Percent Complete

At the Taipei Ethereum Meetup, Vitalik Buterin, one of the co-founders and lead developers of Ethereum, revealed that the development of a proof of stake protocol for the Ethereum network is 75 percent complete. Prior to the announcement of Buterin, in a recent interview, Ethereum Foundation member and Ethereum co-founder Hudson Jameson released the foundation’s official roadmap for Ethereum development…

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As Ethereum ‘Ice Age’ Approaches Community Votes on Mining Reward Cut

Category: Blockchain, Ethereum, News

As Ethereum ‘Ice Age’ Approaches Community Votes on Mining Reward Cut

The Ethereum blockchain currently uses a Proof-of-Work consensus mechanism to verify transactions and to produce new ether coins. That means that ether miners require large amounts of computational power to process and verify transactions to receive new coins. Running a blockchain using a Proof-of-Work consensus mechanism, however, creates the problem of scalability as can currently be witnessed by the Bitcoin…

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Proof of Work Flaws: Ethereum Lays Out Proof of Stake Philosophy

Category: Bitcoin, Commentary, Ethereum, News, Tech

Proof of Work Flaws: Ethereum Lays Out Proof of Stake Philosophy

From December 4, the bitcoin price was $749.99 and increased to a high of $1120.51 on January 6, settling around $880 at the time of writing. This continuous increase of the price of ‘digital gold’ has been attracting people around the globe to mine Bitcoin. Since mining provides an opportunity for people to create income, they are incentivized to facilitate…

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