Cryptocurrency Analysis and News Portal
While Ethereum has brought about a whole new realm of possibilities due to its native token Ether (ETH) and its smart contract and tokenization capabilities, it is often faced with challenges such as network congestion, relatively low transaction times and throughput, large blockchain size and excessive electricity use for mining
Read More
As Ethereum is finally set to launch its Ethereum 2.0 upgrade later this year, putting an end to a long streak of delays, the network will start moving toward a proof-of-stake model. Consequently, the network will abandon the proof-of-work consensus algorithm, leaving Ether (ETH) miners with very few options. Since their
Read More
Investing in Bitcoin (BTC) is now expensive, and getting your own through mining is nearly impossible for the average person. However, a new opportunity can be found in Bitcoin PoS. BitcoinPoS: The Best of Bitcoin and PoS Bitcoin Proof of Stake (BTP) was created by a team of developers that recognized the
Read More
Venezuelans will now be able to use bitcoin to pay for goods and services at more than 20,000 point-of-sale (PoS) terminals throughout the struggling South American country.This follows a deal between Panamanian crypto exchange Cryptobuyer and local payments processor Mega Soft to connect some of Venezuela’s biggest retail chains
Read More
Blockchain payments provider BitPay is now taking its service into bricks-and-mortar stores.Through a new partnership announced Tuesday, the firm will be offering cryptocurrency payments at merchants' point-of-sale (POS) terminals.The effort comes via BitPay's new tie-up with open commerce platform Poynt, which the announcement says already has a network of POS
Read More
Pool-X, the next generation POS mining platform supporting lockup crypto transactions backed by KuCoin, today announced the launch of its BETA version and the opening of the Staking function. The first four staking products include KCS-30, TRX-30, XTZ-30, and ATOM-Flexible. In addition to receiving Staking rewards, participating users can also
Read More
Ethereum development firm CasperLabs announced “Highway,” allegedly the first correct-by-construction Casper Proof of Stake (PoS) implementation that is provably live and safe.Provably safe and liveAccording to a press release shared with CryptoX on Nov. 1, a protocol is safe if it is consistent in its decision and live if
Read More
After the proof-of-stake (PoS) consensus algorithm will be implemented in Ethereum’s (ETH) blockchain, it would become more secure and costly to attack than Bitcoin (BTC), co-founder Vitalik Buterin has stated.Buterin has voiced this opinion during Devcon 5, the Ethereum developers conference that took place in Osaka on Oct. 8–11.
Read More
The payments and technology provider Alchemy recently announced the launch of the startup’s hybrid payment solution, a platform that aims to connect cryptocurrency with retailers worldwide. Alchemy’s crypto solution features
Read More