Work

Staking, Consensus and the Pursuit of Decentralization

Source Node: https://cointelegraph.com/news/staking-consensus-and-the-pursuit-of-decentralization
Time Stamp: April 4, 2020 3:02 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Oh, the wonders of decentralized consensus — that dream of permissionless blockchains to be censorship-resistant, trustless, collaborative and egalitarian for a potentially global community of users. While lofty in ideals, consensus is foundational for each crypto network, which must agree upon that most basic question of who decides what on the network.Decentralized consensus in the form of a proof-of-work mechanism was at the core of Satoshi Nakamoto’s innovation when creating Bitcoin — all additional protocol elements stem from PoW’s ability to reach consensus regarding the digital ledger through the computational work

Talking Digital Future: Smart Cities

Source Node: https://cointelegraph.com/news/talking-digital-future-smart-cities
Time Stamp: April 4, 2020 11:04 AM - Modified On: May 21, 2021 - Published By:
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My journey into smart cities and their future development was a really big surprise, as the way I arrived there was not something that I had planned. I was working as the chief information officer for a company in Northern California called O'Reilly Media when I got a call from a headhunter who asked if I would consider being the chief information office for the City of Palo Alto. I can vividly remember — it was only about eight years ago — my feeling when she asked the question. The

Binance Shelters Against Job Losses During Global Pandemic

Source Node: https://cointelegraph.com/news/binance-shelters-against-job-losses-during-global-pandemic
Time Stamp: April 3, 2020 6:03 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

While global unemployment continues hitting new highs amid the coronavirus pandemic, the cryptocurrency industry is stepping in to shelter job losses, with some of the biggest companies in the space announcing their intention to hire new employees.Binance, the world’s largest cryptocurrency exchange, has just announced that it is seeking to hire more than 100 new employees, despite the ongoing economic downturn.In an April 3 tweet, Binance invited people around the world to build a career in the Blockchain space, offering a crucial opportunity to “work from home” as global jurisdictions

Exchange CEO Forecasts Crypto Market Uptick in Coming Weeks

Source Node: https://cointelegraph.com/news/exchange-ceo-forecasts-crypto-market-uptick-in-coming-weeks
Time Stamp: April 3, 2020 4:21 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

As the world sits in flux between coronavirus and financial market concerns, AAX crypto exchange CEO, Thor Chan, thinks cryptocurrencies will ultimately make out ok.“During a period of intense panic, many investors fled the markets in search of cash, or to defend their positions elsewhere,” Chan told The Merkle in a March 30 interview, referencing recent plunging crypto and mainstream markets. “Cryptocurrency markets suffered together with all other markets,” he continued, adding:“But over the coming weeks and months, as governments cut interest rates, I think we will see the crypto

Past Halvings in Review: Case for an Immediate Bitcoin Upsurge Is Flawed

Source Node: https://cointelegraph.com/news/past-halvings-in-review-case-for-an-immediate-bitcoin-upsurge-is-flawed
Time Stamp: April 3, 2020 2:15 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The block reward halving of Bitcoin (BTC) has long been touted as an optimistic factor to drive the short-term price trend of BTC in the first half of 2020. Historical data, however, shows that the halving does not necessarily coincide with an immediate upsurge in the price of Bitcoin.On the Bitcoin network, miners create blocks that record Bitcoin transactions to essentially verify and confirm payment data using computing power. Through large-scale mining centers filled with ASIC mining chips and sophisticated equipment, miners use a large amount of electricity and have

South African National Blockchain Alliance Holds Online Launch

Source Node: https://cointelegraph.com/news/south-african-national-blockchain-alliance-holds-online-launch
Time Stamp: April 3, 2020 1:56 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The South African National Blockchain Alliance carried out an online livestream launch while the country is in the midst of a 21-day lockdown to curb the spread of the coronavirus pandemic. The organization was due to be launched at the beginning of April in Johannesburg but had to be taken online as South Africa and the world tackles a global health crisis.The launch happened during a livestream on YouTube on April 3, which included a panel of speakers elaborating on how SANBA will help nurture blockchain-focused startups and companies that

$50K Set To Be Distributed In Indonesia by Huobi Charity

Source Node: https://insidebitcoins.com/news/50k-set-to-be-distributed-in-indonesia-by-huobi-charity/256370
Time Stamp: April 3, 2020 8:34 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The charity arm of the Huobi exchange has made an announcement today. This announcement is in regards to the initiative it launched in order to distribute aid in Indonesia as it fights the COVID-19 pandemic.Working Alongside ICAESCCThe Huobi Charity will work in partnership with the Indonesia-China Association of Economic, Social and Cultural Cooperation, or ICAESCC. This partnership will distribute aid to the country through the medical supply donation, monetary contributions, as well as the use of blockchain technology to help healthcare organizations.As an immediate measure, Huobi Charity will donate an

Google Chrome Leads the Pack, but Privacy-Oriented Browsers Gain Traction

Source Node: https://cointelegraph.com/news/google-chrome-leads-the-pack-but-privacy-oriented-browsers-gain-traction
Time Stamp: April 3, 2020 8:12 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

In recent months, big-name players like Google and Apple have been going the extra mile to showcase their privacy features to the world. However, as most people are now aware, these multinational companies have business models that are centered around collecting and aggregating the data of their customers. In this regard, growing interest in privacy-first browsers like Brave clearly suggests a collective increase in internet users’ concern over how their personal information is being accumulated, stored and utilized on a day-to-day basis.Individuals all over the globe have become so accustomed to

Is Blockchain Necessary? An Unbiased Perspective

Source Node: https://cointelegraph.com/news/is-blockchain-necessary-an-unbiased-perspective
Time Stamp: April 3, 2020 3:42 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Yes, that’s the question we are asking today. Is blockchain technology necessary? The answer is tricky. To arrive at the conclusion takes an unbiased perspective. Bankers and people in the stock market will tell you that it’s the epitome of evil. Blockchain engineers and enthusiasts will tell you it’s the future of the world. The government, as usual, will be indecisive.Both are overly eager in their opinions, and both are unfortunately wrong. Blockchain is wonderful and revolutionary, no doubt there. But it has some very serious cons that are underplayed

Staked Token Supply Doesn’t Correlate with Price, Says Messari Analyst

Source Node: https://cointelegraph.com/news/staked-token-supply-doesnt-correlate-with-price-says-messari-analyst
Time Stamp: April 3, 2020 3:31 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

As cryptocurrency markets are highly volatile, crypto players can’t stop arguing about what really impacts the price of certain coins and what does not.Some crypto pundits believe a larger amount of tokens staked in Proof-of-Stake (PoS) blockchains could push the price upwards by reducing the circulating supply, making the remaining tokens more valuable. But blockchain and crypto analytics firm Messari has crunched the numbers and reports that there is little correlation between the two.Announcements correlate with price thoughIn an April 1 blog post, Wilson Withiam, a researcher at the Messari

As Hospital’s Crumble, Venezuela’s President Airdrops Petros to Doctors

Source Node: https://cointelegraph.com/news/as-hospitals-crumble-venezuelas-president-airdrops-petros-to-doctors
Time Stamp: April 3, 2020 1:30 AM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

Nicolas Maduro, a former bus driver and Venezuela’s sitting president, has announced a campaign to support his country’s medical staff amid the coronavirus pandemic by airdropping one Petro to each doctor.The ‘Doctors of the Homeland’ initiative will see each Venezuelan doctor air-dropped one of the administration’s oil-backed Petro cryptocurrency tokens, as per an April 2 tweet published by a government official. Venezuela to issue Petro bonus to doctorsThe tokens will be distributed using Venezuela’s ‘Patria System’ — a platform launched by the government to bypass the nation’s failing banking system and