Remembering Hal Finney’s Vision: The 20th Anniversary of Reusable Proofs of Work

August 17, 2024 Bitcoin.com

Bitcoin

This week marks the 20th anniversary of Hal Finney’s introduction of Reusable Proofs of Work (RPOW), a groundbreaking concept that paved the way for today’s digital currencies. Finney’s visionary work continues to echo throughout the cryptocurrency community, underscoring his deep insight into the development of digital cash systems. From RPOW to Bitcoin Hal Finney was […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Unveiling the Titans of Crypto Mining: A Deep Dive Into 5 Consensus Algorithms

July 1, 2024 Bitcoin.com

bitcoin.com

In the intricate world of cryptocurrency, not all algorithms are forged equal. The proof-of-work (PoW) consensus algorithms like Kheavyhash, Scrypt, Blake3, SHA-256, and Ethash are the linchpins that not only secure but also empower the blockchain with the integrity and trust that underpin several of today’s leading digital currencies. Understanding Proof-of-Work and Its Variants Proof-of-work […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Proof-of-Work Altcoin Defies Market Doldrums and Surges by 25% This Week Ahead of New Token Standard Launch

June 28, 2024 The Daily Hodl

Altcoins

A proof-of-work, layer-1 altcoin has defied the crypto market doldrums and surged by 25% this week ahead of an upcoming protocol launch. Kaspa (KAS), which bills itself as “the fastest, open-source, decentralized and fully scalable layer-1 in the world,” is trading around $0.18 at time of writing, up from $0.144 seven days ago. The 27th-ranked […]

The post Proof-of-Work Altcoin Defies Market Doldrums and Surges by 25% This Week Ahead of New Token Standard Launch appeared first on The Daily Hodl.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Bitcoin uses more renewable energy, but will Tesla accept it again?

June 16, 2024 Coin Telegraph

Coin Telegraph

Tesla removed Bitcoin payments citing environmental concerns, but Elon Musk pledged to reinstate them if renewable energy use on the network increased.

Four years have passed since Tesla stopped accepting Bitcoin, citing environmental concerns. While the Bitcoin mining industry has reportedly increased its share of renewable energy consumption, Tesla doesn’t appear ready to return to Bitcoin payments anytime soon.

On Feb. 8, 2021, Tesla disclosed a $1.5 billion investment in Bitcoin (BTC) in a filing with the United States Securities and Exchange Commission (SEC).

Tesla CEO Elon Musk also decided to include the cryptocurrency in the company’s treasury and began accepting BTC as a form of payment for the company’s electric vehicles.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

EOS Network Foundation Founder: Bitcoin Halving Spurs Development of Solutions Enhancing Network Efficiency

May 16, 2024 Bitcoin.com

bitcoin miner

With Bitcoin transaction fees recently becoming a more critical component of miner revenue, Yves La Rose, CEO of Exsat, believes there is “an increased incentive to adopt and develop solutions that enhance transaction throughput and network efficiency.” According to La Rose, this can be achieved by integrating advanced layer two (L2) solutions which expand the […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Crypto Teams May Exit Space Due to Ethereum Security Classification, Amina Bank Report Suggests

May 13, 2024 Bitcoin.com

bitcoin.com

The classification of ethereum as a security poses not only risks to the entire crypto market, but it could also likely lead to many crypto teams exiting the space. This designation might hinder progress and potentially reverse years of advancements in the cryptocurrency market. The U.S. Securities and Exchange Commission has likely delayed its decision […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Consensys to SEC: Recognize the Advanced Safeguards Inherent in Ethereum’s Design

March 31, 2024 Bitcoin.com

bitcoin etf

Consensys has told the U.S. Securities and Exchange Commission that Ethereum’s proof of stake implementation “meets and even exceeds the security of Bitcoin’s Proof of Work (PoW).” The blockchain software company said the commission should recognize the advanced safeguards inherent in Ethereum’s design which exceed the “security and resilience safeguards underlying bitcoin-based exchange-traded products.” The […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Want to work in crypto? University programs can give job seekers a leg up

December 15, 2023 Coin Telegraph

Analysis

There is a skills gap in the blockchain industry, and universities worldwide have created programs to help produce the next generation of blockchain professionals.

As talk of the Bitcoin halving, exchange-traded funds and other macro factors seem to point to the beginning of the next bull market cycle for crypto, many might be considering starting a career in this space. It happens to many people involved with Bitcoin (BTC), blockchain or cryptocurrencies.

At first, they are “investors” researching and buying assets in a new digital asset class. For some, this turns into a desire to enter the decentralized ledger technology and blockchain industry. Many have decided to find paths to employment and acquire the skills necessary to jump into careers in this space.

Since the beginning of the blockchain and cryptocurrency industry, most people have found jobs through informal connections or demonstrable skills.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

One-hour Bitcoin block times: What do they mean and are they frequent?

December 11, 2023 Coin Telegraph

Bitcoin Price

Extended Bitcoin block times have been in the headlines recently, but are they really that big of a deal — or even very common?

A Bitcoin (BTC) block that took over an hour to mine made headlines earlier in November. This is despite Bitcoin’s core protocol being written to aim to mine a block every 10 minutes.

Block 815,690 is the latest outlier to generate press speculation. This block took one hour and nine minutes to mine on Nov. 7. Public interest in an hour-plus confirmation time is not a singular event. Roughly once or twice a year, a media outlet picks up on a long block validation event and decides to run with the story.

On Oct. 17, 2022, a prominent crypto news site reported on a block that took one hour and 25 minutes to mine, which spurred a flurry of similar reports. As the story spread widely on social media, some fans reveled in the relative speed of their favored centralized altcoin.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Bitcoin’s many deaths: Is crypto market past ‘point of no return?’

December 8, 2023 Coin Telegraph

Bitcoin Price

Bitcoin has been declared dead more times than you’d think amid downswings in the market, but it’s always managed to bounce back.

Bitcoin and the broader crypto market have been gleefully declared dead more than a few times during bear markets, but some experts say it would take a genuinely extreme set of events for it to truly die.

According to 99Bitcoins — a website that, among other things, tracks how many times Bitcoin (BTC) has been declared dead by mainstream media outlets — the largest crypto by market cap has died 474 times since 2010.

Often, the proclamation is met with cheering by crypto skeptics as evidence that BTC is not a viable asset, but it might not be so simple to kill off crypto — at least according to some experts in the space.

Proof-of-Work

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