Promise: A Startup Based on an Anonymous Paper Plans to Replace ACH
With $47 trillion flowing through it every year, ACH is a juicy target for blockchain disruption. Can a new startup called Promise pull it off?
HDAC, issuer of the Hyundai-DAC token, is working with CasperLabs to move from proof-of-work.
Tech giant Amazon has been granted a patent for a proof-of-work (PoW) cryptographic system similar to those used by many blockchains.
"This is the first time anyone has ever scaled proof-of-work," said Kadena co-founder Will Martino.
Bounty0x CMO Pascal Thellman discusses some of the potential security and incentives issues with validators on proof-of-stake networks.
The proof-of-work algorithm used by bitcoin and some other cryptos is not viable in the long term, argues a Bank of International Settlements study.