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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Reddtors in r/Fortnite have adopted crypto-based Community Points in a trial even more enthusiastically than r/CryptoCurrency (Photo: EpicGames)Reddit asks blockchain developers for help—but is it too big an ask?
The social network wants to hear from scaling projects for its crypto Community Points project that are cheap, fast, and able to handle 400 million-plus users. Oh, and there’s no prize for the successful developers
Reddit began experimenting with a crypto-based points system to much fanfare in April. But now, as the social network has realized that there’s a major stumbling block if it wants to roll the feature out to all 430 million of its monthly users: Ethereum has scalability issues.
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The World Economic Forum wants to bring order to the chaotic world of blockchain development (Photo: WEF)World Economic Forum unveils ‘Blockchain Bill of Rights’—will it work?
Achieving consensus in a fragmented landscape isn’t easy. Despite the proposal getting several significant signatories, plenty of hurdles remain
The blockchain industry is a fragmented one—with countless projects forging their own way as they try to find compelling use cases for this technology. But now, the World Economic Forum’s Global Blockchain Council is attempting to ratify some universal standards in a so-called “Blockchain Bill of Rights.”
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Virgil Griffith pleads not guilty to violating sanctions on North Korea
Unless the Ethereum developer changes his plea, he could face a lengthy trial
Virgil Griffith, the former head of special projects for the Ethereum Foundation, stood before a judge in the Southern District of New York courthouse Thursday and entered a plea of not guilty.
