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Stellar’s Blockchain Briefly Goes Offline, Confirming the Project Lacks Decentralization

Recently, blockchain-powered network Stellar stopped confirming transactions for more than one hour, effectively going offline.Although no money was reportedly lost as a result, Stellar’s major issue has now been highlighted publicly: The project is not decentralized, at least not to the extent expected at this point. Notably, the offline

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Digital Money Is Imminent, But No Decentralization in Sight

The custodians of global financial order have been prominent in crypto news recently. The weekend kicked off with the announcement of the International Monetary Fund (IMF) joining forces with the World Bank to launch a private blockchain coupled with a “quasi-cryptocurrency” for training purposes, then continued with the Spring Meetings of the

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‘Decentralization Is the Essential Foundation of Blockchain’, Exclusive Interview With Cudo Ventures’ Matt Hawkins

‘Decentralization Is the Essential Foundation of Blockchain’, Exclusive Interview With Cudo Ventures’ Matt Hawkins March 21, 2019 by Paul de Havilland Matt Hawkins is a serial entrepreneur and founder and CEO of Cudo Ventures, a company whose GPU mining software is running on machines in over 130 countries around the world.

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New Report Highlights Increasing Decentralization of Bitcoin Mining

Bitcoin (BTC) mining has become more decentralized and continues to diversify, a new report from Canadian wealth management company Canaccord claimed on Feb. 6.Canaccord, which tracks the blockchain and digital currency sectors along with its other financial operations, highlighted the increasingly wide distribution of Bitcoin’s hash rate over the past

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The Unique Consensus Mechanism of Decred–Is This True Decentralization?

The Unique Consensus Mechanism of Decred–Is This True Decentralization? January 16, 2019 by Paul de Havilland Decred has a unique consensus mechanism many regard as closer to true decentralization than most other cryptocurrencies. With the pros and cons of different consensus mechanisms being in focus recently, we thought Decred’s unusual hybrid

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Samsung NEXT Technical Director Values Decentralization Above Blockchain

Decentralization is a more important phenomenon than blockchain, a senior executive at South Korean tech giant Samsung said in an interview with computing magazine JAX Jan. 10.  Speaking about the future of blockchain, Ricardo J. Méndez, Technical Director at the firm’s innovative technology arm Samsung NEXT, forecast a consolidation of

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Jimmy Song Highlights Decentralization as Key to Success of Bitcoin Over Altcoins

Perceptions of Bitcoin (BTC) versus altcoins changed forever in 2018, as the largest cryptocurrency separated itself from the rest, Bitcoin developer Jimmy Song wrote in a blog post on Dec. 31.An ardent defender of Bitcoin’s decentralized values, Song, who is also a frequent social media commentator, argued that last year

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