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Following Ethereum’s Merge, a number of cryptocurrency community members have been discussing the proof-of-work (PoW) fork called ETHW as it dropped significantly in value during the past few days. However, a lot of people are unaware that there’s another Ethereum-based PoW fork called ethereumfair (ETF), and ETF has gathered a
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Cryptocurrency exchange Coinbase has updated its information related to Ethereum transitioning to proof-of-stake to include forks that could arise.In a Thursday update to an Aug. 16 blog post, Coinbase said it would evaluate any potential forks in the Ethereum blockchain on a “case by case basis.” The crypto exchange previously
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Whatever the inherent advantages and disadvantages of each system, Ethereum, if all goes to plan, will switch to PoS come September. But what’s to happen to all the PoW miners who invested in that fancy mining hardware? And what about those who think that PoW, despite its flaws, is more
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Ethereum co-founder Vitalik Buterin says that centralized stablecoins such as Tether (USDT) and Circle USD (USDC) could become “a significant decider in future contentious hard forks.”Buterin was speaking at the BUIDL Asia conference in Seoul on Aug. 3, along with Illia Polosukhin, the co-founder of Near Protocol (NEAR) to discuss
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When cryptocurrencies like Bitcoin (BTC) go through bear phases like the one we currently find ourselves in, the idea of earning passive income from one’s holdings becomes all the more attractive for long-term investors. Related: Decentralized finance: A beginner’s guide to earning passive income with DeFiDifferent methods such as staking, lending,
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A governance proposal floated by the Aave community centered around the platform’s code licensing ended on Tuesday, with 55% voting for the ecosystem to apply for a ‘business license.’“This vote is essentially a signal on whether or not the Aave community wants to protect its Intellectual Property from unauthorized use,
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A Citibank managing director thinks bitcoin could hit $318,000. MIT researchers resoundingly reject blockchain-based voting. And Bitcoin Cash’s latest fork looks set to fail.Top shelfTechnical comparison?A Citibank executive published a report predicting that bitcoin could reach $318,000 by December 2021. Using technical analysis, and a comparison to gold markets in
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There are still a lot of uncertainties around the scheduled Bitcoin Cash fork event on Nov. 15, but one thing is for sure: The cryptocurrency’s biggest advocate, Roger Ver, executive chairman of Cryptox.trade, is not a fan of the scheduled upgrades on the network, which take place every six months.“If
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The ongoing battle between the co-founders at Bitmain has now essentially hard forked the world’s largest bitcoin miner manufacturer into two different operations and supply chains for making its flagship AntMiner equipment. Wu Jihan, the co-founder who ousted his rival co-founder Micree Zhan Ketuan last year, registered a new entity on
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While bitcoin has outperformed gold and the S&P 500 index in 2020, data shows even better returns among leading bitcoin “fork” cryptocurrencies. These cryptocurrencies are created by copying the Bitcoin source code repository through a process called “forking.” Developers then adjust certain parameters and features in the copied code to
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