Ethereum 2.0 will move the No. 2 cryptocurrency’s blockchain from a Bitcoin-style, energy-hungry, proof-of-work (PoW) consensus mechanism to a faster, more energy efficient proof-of-stake (PoS), in which blocks are confirmed by validators who essentially post a bond to ensure good behavior.
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- Eliminate single points of failure before you have to go all "Office Space" on them (Photo: YouTube)
Algorand supports platform designed to make life cheaper, easier for DApp developers
The DeFi-focused blockchain firm says Pocket Network will make creating decentralized applications up to 10 times less expensive than it is now
The infrastructure eliminates the risk of there being a single point of failure for a DApp—crucial in an age where tech companies live and die by how reliable they are.
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Business, blockchain firms push token standards
The InterWork Alliance says uniformity is badly needed if asset tokenization is going to achieve its potential and disrupt the global economy
Big names including ING, Microsoft, and Nasdaq have joined forces with blockchain leaders like Hedera Hashgraph, Neo, and Hyperledger in a new alliance that aims to create global standards for tokenizing real-world assets.
- Where did it come from and how was it made? Restaurant Toks is betting customers want to know (Photo: TripAdvisor).
Mexico’s Restaurant Toks tracking coffee on blockchain
Simba Chain’s smart-contract-as-a-service platform is helping the casual dining chain track the source and sustainability of the coffee it serves
Restaurant Toks, a casual dining chain with 208 locations across Mexico, has teamed up with blockchain provider Simba Chain and the University of Notre Dame to create a distributed application to register and track every coffee bean it has "purchased, processed, packaged, and sold."