Bitcoin Energy Consumption Is Far More Efficient and Greener Than Today’s Banking System

While bitcoin and a variety of digital currencies have swelled in value, a number of critics have spread fear, uncertainty, and doubt (FUD) in regard to the energy consumption proof-of-work (PoW) cryptocurrencies leverage to produce new units of currency.

Proof-of-Work and Yield Farming: Binance and Poolin Launch Tokens Backed by Bitcoin Hashrate

There’s a new type of token gaining popularity in the crypto space with the launch of coins that are backed by a specific amount of proof-of-work (PoW) hashrate.

Mining Rig Makers Race to Create Next-Gen Ethereum Miner Before Staking-Only Kicks In

The Ethereum network’s 2.0 transition has pushed the protocol to become one of the largest staking networks in the world with 1,683,905 ether locked into the contract worth $1 billion today.

Ripple CEO Says Bitcoin PoW Energy Use Makes Square Target of Biden’s Climate Change Agenda

Ripple CEO thinks Bitcoin’s PoW energy consumption makes public companies who invested heavily in BTC, like Square, potential targets of Joe Biden’s climate change agenda.

Ripple CTO: Why Ripple Ledger's consensus 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.

OECD calls out countries for their inconsistent rules on crypto taxation

The report suggests giving preferential tax treatment to PoS over PoW-based crypto assets. A study of cryptocurrency taxation regimes from around the world by the Organization for Economic Co-operation and Development, or OECD, found that global crypto taxation laws are highly inconsistent. Source: OECD Report. The way crypto assets are defined vary greatly by jurisdiction.

Energy Web Is Starting With Ripple in Its Bid to Make Crypto Provably Green

The non-profit is teaming up with Ripple and the XRP Foundation to show how blockchain ecosystems can be carbon-neutral.

Two major crypto exchanges are teaming up to push the industry forward

Crypto exchanges Poloniex and KuCoin are set to research the crypto industry together, hope to benefit the whole sector. Crypto exchange KuCoin has unveiled dealings with another exchange, Poloniex, in an effort to move the crypto industry forward.    "KuCoin and Poloniex will join hands in trading technology research and development, liquidity sharing, product iterations, PoS [proof-of-stake] and PoW [proof-of-work] mining pools, and other industrial exploration," said a statement provided to Cointelegraph.  Together, Poloniex and KuCoin aim to help the crypto industry progress as a whole, instead of competing against each other within the sector, the statement detailed.

Fight fire with fire: MIT scholar suggests ETC counters 51% attacks

Game theory suggests ways for Ethereum Classic to deter double-spend assaults, say MIT researchers. The recent 51% attacks on Ethereum Classic (ETC) have raised fresh questions about the security of proof-of-work blockchains.

Understanding Directed Acyclic Graphs in the Blockchain Landscape

DAGs present an encouraging approach, aimed to improve the existing speed, scalability and cost issues of blockchain technology. The more time you spend in the blockchain and cryptocurrency industry, the more you encounter some fairly arcane technologies and their accompanying terminologies.

(ready for review) Ethereum's Update to PoS? No, It May be a Degrade

The PoW is a solution to the Byzantine Generals' Problem.

Cryptocurrency Mining Profitability in 2020: Is It Possible?

In the emerging global crypto economy, crypto mining is probably going to remain and even become more profitable in the upcoming years. Miner profitability metrics are based on a handful of factors regulating difficulty and emission, which are hard-coded into the blockchain’s attributes, making it predictable to work with.

Over 90% of Ether Supply Is Now in 'State of Profit,' Says Glassnode

Glassnode states that over 90% of the Ether token supply was bought at a lower price than that at which it's currently trading.

2020 Is Becoming the Year of Staking With Some Major Achievements

While both PoW and PoS have a lot to offer, this year, in particular, is promising to be a special one for proof-of-stake. Proof-of-work and proof-of-stake have a lot of benefits to offer the community, and the discussion around these algorithms has dominated conversations in the cryptocurrency community.

Triple-Entry Bookkeeping: How Satoshi Nakamoto Solved the Byzantine Generals’ Problem

In 2008, Satoshi Nakamoto essentially solved the infamous computational issue called the “Byzantine generals’ problem” or the “Byzantine Fault.” Throughout the history of man, people used ledgers to record economic transactions and property ownership.

Gaming Industry Use of Blockchain May Lead to Mass Adoption

Blockchain technology has the potential to create a new era of gaming and drive true adoption in the industry. Blockchain technology has recently become a phenomenon in various areas of the economy, driving innovation, fostering growth and bringing added value.

Why Interoperability Is the Key to Future Innovation and Adoption

Blockchain interoperability has a big goal: to empower developers to choose what’s right for their application, not what is right for the platform they’re locked into. For years, tribalism has plagued the blockchain industry.

MIT Crypto Group Researcher Says PoW Attacks Not Always Obvious

James Lovejoy, a research assistant for Massachusetts Institute of Technology, or MIT, crypto and blockchain group the Digital Currency Initiative, explained blockchain attacks might not always be obvious.

JPMorgan’s Blockchain Offshoot Kadena Gets First Ever Token Listing

Kadena preps its first ever listing on Bittrex Global, with initial trading pairs including Bitcoin and Tether. Bittrex Global, one of the world’s most popular platforms for trading cryptocurrencies, is about to become the first crypto exchange to list a token by JPMorgan’s blockchain spin-off Kadena. Kadena token (KDA), is finally getting its first official listing on June 25.

Beam to Make Its First Move Towards Private DeFi With June 2020 Hard Fork

Beam updates details on its June 28 hard fork, laying out foundations for the firm’s future DeFi offering. Major privacy-oriented cryptocurrency, Beam (BEAM), is making its first official move towards decentralized finance, or DeFi. In anticipation of Beam’s soon-to-come hard fork, the team behind the project updated a number of relevant specifications, paving the way to the so-called “Confidential Defi,” Beam announced to Cointelegraph on June 24. Confidential Assets are at the core of Beam’s future DeFi offering Scheduled for June 28, the hard fork will enable Confidential Assets, or Beam CA — independent tokens on the Beam network.

Proof-of-Work vs. Proof-of-Stake for Scaling Blockchains

It’s no secret that cryptocurrency has a scaling issue, so we look at various ways either proof-of-work or proof-of-stake could be effective. Most people in the cryptocurrency world are aware that network validation often comes in one of two forms: proof-of-work or proof-of-stake.