Proof-of-Work

Paribus: Next Steps

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Time Stamp: March 31, 2023 4:24 PM - Modified On: March 31, 2023 - Published By:
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Now that our Mainnet V1 is live some people may be thinking that it’s time for the team to put their feet up and enjoy a well earned rest. They couldn’t be further from the truth. Rather than this huge milestone signifying the end, it marks the beginning of our main work. Over the coming weeks we’ll be continuing our marketing and development at pace. As we progress we’ll be sharing more details of the next features and iterations we’ll be adding to the protocol. When we launched on mainnet

Krypto Miners Club Releases Revolutionary NFT Collection Backed by BTC Mining on Polygon Blockchain

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Time Stamp: March 25, 2023 3:03 PM - Modified On: March 26, 2023 - Published By:
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Now you can have your own Bitcoin Mining Through Krypto Miners Club(KMC) NFTS Highlights A community based NFT project backed by BTC mining is revolutionising the mining industry with their cutting edge technology and strategy. The Krypto Miners Club is a 4 phased project which includes 8888 NFT’s focusing on creating long term passive income from mining for their NFT holders The First Phase consisting of 2,222 NFT’s has been released on the Polygon Blockchain. 24 March, 2023, Dubai: Krypto Miners Club (KMC), a leading blockchain-based company, has released phase

What do You Need to Know About Bitcoin Mining

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Time Stamp: September 7, 2022 4:00 AM - Modified On: September 7, 2022 - Published By:
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While mining has become harder over the years, users still discover and earn ‘Bitcoin’ using a process called mining. Today, many sellers, businesses and even casinos like IgnitionCasino.eu accept Bitcoins as a payment method. So, can you mine Bitcoin yourself and pay for it? Well, you can, if you have the right hardware. How Does it Work for Miners? When it comes to Bitcoin, miners are responsible for keeping the Bitcoin blockchain consistent, unalterable and complete. Mining acts as a record-keeping service that utilises the processing power of the computer.

RippleX exec says ODL is ‘killer value proposition to Ripple Net’

Source Node: https://ambcrypto.com/ripplex-exec-says-odl-is-killer-value-proposition-to-ripple-net/
Time Stamp: November 20, 2021 12:30 AM - Modified On: November 20, 2021 - Published By:
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Despite the ongoing SEC vs Ripple Labs lawsuit and the market experiencing a dip, Ripple has been making waves in crypto news. During an episode of the Thinking Crypto podcast, RippleX General Manager Monica Long spoke to host Tony Edward about Ripple’s recent performance, multi-chain development, and the XRP Ledger technology. Water, water everywhere Calling ODL the “killer value proposition to Ripple Net,” Long explained, “So you know, ODL’s been in market for a few years now and Q3 was definitely, you know, the most outstanding…And the volume through ODL

Norway Considers Backing Swedish Crypto Ban Proposal, Hints Minister

Source Node: https://www.bitcoinnewsminer.com/norway-considers-backing-swedish-crypto-ban-proposal-hints-minister/
Time Stamp: November 19, 2021 5:39 AM - Modified On: November 19, 2021 - Published By:
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Norway is considering a crypto mining ban proposal put forth by two Swedish regulatory officials, Minister of Local Government and Regional Development Bjørn Arild Gram hinted in a Nov. 17 interview with Euronews. Norway is “currently considering potential policy measures” to address the “challenges related to crypto mining.” In this context, they are “looking at the solutions proposed by the Swedish regulators” with an eye on Europe-wide regulations, Gram said. In an open letter, officials from two of Sweden’s top regulators called for Europe to ban proof-of-work mining in order

IOV Labs Prepares to Aid Cryptocurrency Adoption in Asia

Source Node: https://bitpinas.com/feature/iov-adoption-asia/
Time Stamp: September 22, 2021 11:00 PM - Modified On: September 22, 2021 - Published By:
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Share some Bitpinas love:By Shiela BertilloIOV Labs, a Bitcoin merge-mined smart contracts platform, is arranging the adoption of cryptocurrency worldwide, starting from the emerging markets in Asia such as Vietnam and the Philippines. Through IOV Labs’ RSK, a bitcoin sidechain notable for how it has revamped the way users swap bitcoin for RBTC, and its new Powpeg system user transaction would be easier as the proof of transaction is automatically generated and vetted by a special hardware security module. And once these modules receive the proof, they distribute the RBTC to

100 years ago, Henry Ford proposed ‘energy currency’ to replace gold

Source Node: https://cointelegraph.com/news/100-years-ago-henry-ford-proposed-energy-currency-to-replace-gold
Time Stamp: September 18, 2021 2:41 PM - Modified On: September 18, 2021 - Published By:
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In 1921, American industrialist Henry Ford proposed the creation of an “energy currency” that could form the basis of a new monetary system — offering striking similarities to the peer-to-peer electronic cash system outlined in Satoshi Nakamoto’s 2008 Bitcoin (BTC) whitepaper. Front page of the New York Tribune dated Sunday, December 4, 1921. Source: Library of CongressBitcoin as an energy currencyOn Dec. 4, 1921, the New York Tribune published an article outlining Ford’s vision of replacing gold with an energy currency that he believed could break the banking elites’ grip on

What are the chances of these entities attacking the Bitcoin network

Source Node: https://ambcrypto.com/what-are-the-chances-of-these-entities-attacking-the-bitcoin-network/
Time Stamp: September 15, 2021 8:30 PM - Modified On: September 15, 2021 - Published By:
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A question that lingers in the minds of most traders is, what would happen if Bitcoin were hacked? During an episode of the Unchained podcast, host Laura Shin brought together Ethereum Foundation researcher Justin Drake and author Vijay Boyapati to debate whether a 51% attack on Bitcoin would be possible – and who could do it. A 51% attack. . .in dollars Boyapati began by proposing the idea that security was a spectrum and not a binary. For example, users and even networks might require a different number of transaction

Ethereum Competitor Solana Hits All-Time High As Market Continues to Rise

Source Node: https://decrypt.co/79093/ethereum-competitor-solana-hits-all-time-high-as-market-continues-to-rise
Time Stamp: August 21, 2021 7:11 AM - Modified On: August 21, 2021 - Published By:
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Having briefly entered the top ten cryptocurrencies by market capitalization earlier this week, Solana has set new all-time highs over the last few days, including today. The SOL token briefly set an ATH of $78.63 in the early hours of this morning UTC, according to crypto data aggregator Nomics. Solana’s price has since retreated a little. It currently sits at $78.17, though this still represents an overnight increase of 8.91%. Solana’s price was under $40 at the beginning of last week, so in the last fortnight SOL has blown up by