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Proof-of-Work

BIS headquarters in Basel
Markets
Proof-of-work
Bitcoin's Proof-of-Work Algorithm Needs Replacing, Argues BIS Study
The proof-of-work algorithm used by bitcoin and some other cryptos is not viable in the long term, argues a Bank for International Settlements study.
BIS headquarters in Basel
By Yogita Khatri
Jan 22, 2019 at 12:01 p.m. UTC
Jan 22, 2019
Proof-of-WorkResearchBitcoinNewsCentral BankingBISBank for International SettlementsTechnology News
combination lock promise
Markets
Privacy
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?
combination lock promise
By David Floyd
Oct 31, 2018 at 2:15 p.m. UTC
Oct 31, 2018
PrivacyProof-of-WorkpaymentsstartupsBankingEnterprisesQuantum ComputersPromiseACHFeaturesuse-cases-verticalsbusiness news
lightoff
Markets
Proof-of-work
When Blockchains Go Down: Why Crypto Outages Are on the Rise
It used to be that downtime was unheard of on blockchain networks. As new protocols and new trade-offs emerge, that’s no longer the case.
lightoff
By David Floyd
Sep 23, 2018 at 10:00 a.m. UTC
Sep 23, 2018
Proof-of-WorkProof-of-StakeEthereumBitcoinSteemhard-forksEOSNeoFeaturesother-public-protocolsTechnology News
razor
Markets
Asics
Grin Is Hard Forking Every Six Months to Keep ASICs Off the Network
Amid crypto's war on ASICs, the Grin community is taking a new approach – shut them out for a limited time with consistent hard forks.
razor
By Alyssa Hertig
Sep 15, 2018 at 9:15 a.m. UTC
Sep 15, 2018
ASICsProof-of-WorkMiningMimbleWimbleGrinFeaturesother-public-protocolsTechnology News
how bitcoin mining works
Markets
Bitcoin mining
PoWx: The New Effort to Change Bitcoin Mining Explained
Technologists unveiled a foundation dedicated to rewriting bitcoin's underlying tech, giving the long-controversial idea new wings.
how bitcoin mining works
By Alyssa Hertig
Jul 6, 2018 at 1:30 a.m. UTC
Jul 6, 2018
Bitcoin MiningSecurityProof-of-WorkBitcoinDecentralizationFeaturesother-public-protocolsTechnology News
stars
Markets
Proof-of-work
Startup Raises $3 Million to Build 'Proof-of-Space-Time' Blockchains
Spacemesh's "proof-of-space-time" (PoST) consensus protocol hopes to do away with mining pools and expensive GPU or ASIC-based miners.
stars
By Nikhilesh De
May 8, 2018 at 10:00 a.m. UTC
May 8, 2018
Proof-of-WorkProof-of-StakeNewsSpacemeshProof-of-Space-Time
light, bulb
Markets
Proof-of-work
The Sidechains Breakthrough Almost Everyone in Bitcoin Missed
Though it's garnered little attention, "non-interactive proofs of proofs of work" may clear a roadblock for sidechains, a potential "altcoin killer."
light, bulb
By Alyssa Hertig
Jan 17, 2018 at 5:00 a.m. UTC
Jan 17, 2018
Proof-of-WorkBitcoinSidechainsFeaturesTechnology News
bitcoin, gold
Markets
Proof-of-work
First Cash, Now Gold? Another Bitcoin Hard Fork Is on the Way
A plan to hard fork the bitcoin blockchain, and change its mining algorithm, is emerging. Still in its early stages, what does the new coin offer?
bitcoin, gold
By Alyssa Hertig
Sep 27, 2017 at 8:00 a.m. UTC
Sep 27, 2017
Proof-of-WorkMiningBitcoinDecentralizationBitcoin CashBitcoin GoldFeaturesTechnology News
Brad Cohen via Larry Kless_YT
Markets
Environment
Space & Time: How BitTorrent's Creator is Attacking Bitcoin Waste
Bitcoin's 'proof of work' validation mechanism burns a huge amount of energy, but this novel solution from developer Bram Cohen aims to change that.
Brad Cohen via Larry Kless_YT
By Corin Faife
Mar 15, 2017 at 11:00 a.m. UTC
Mar 15, 2017
EnvironmentProof-of-WorkMiningTechnologyAltcoinsProof-of-SpaceFeaturesTechnology News
gum, candy
Markets
Proof-of-work
A (Short) Guide to Blockchain Consensus Protocols
Bitcoin's consensus mechanism is great, but it isn't perfect. This article looks at some of the more viable public blockchain alternatives.
gum, candy
By Amy Castor
Mar 4, 2017 at 11:50 a.m. UTC
Mar 4, 2017
Proof-of-WorkTechnologyProof-of-StakeFeaturesTechnology News