News about CONSENSUS

News about Consensus

Ethereum Proof of Stake consensus explained

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Question about Consensus

Hi there, I'm currently learning all about Bitcoins functionality for a school paper. However I can't quite grasp the concept of consensus, probably because I don't understand the definition. I understand consensus as the general agreemen...

After the merge will tokens on the consensus layer have the same functionality and potential uses as tokens on the execution layer?

So I am trying to understand how the flow of funds on Ethereum will change after the merge. https://www.bloxstaking.com/documents/eth2/ In the article above they state that "All ETH deposited onto the Beacon Chain in Phase 0 is from a one-way t...

Ethereum's Pivot to Proof-of-Stake Consensus Worries Users About the Possibility of Protocol Level Censorship – News Bitcoin News - Bitcoin News

Ethereum's Pivot to Proof-of-Stake Consensus Worries Users About the Possibility of Protocol Level Censorship – News Bitcoin News& & Bitcoin News

Ethereum’s Pivot to Proof-of-Stake Consensus Worries Users About the Possibility of Protocol Level Censorship

The upcoming consensus change that Ethereum, the second largest cryptocurrency by market cap, is planning to execute in September has worried many users about the possibility of censorship happening at a protocol level. This means that, even by inter...

Understanding of Consensus Mechanisms POW and POS

I am going to write a description of my understand of the POW and POS mechanisms. I would appreciate any corrections to any flaws in my understanding which might appear below. These concepts have been tricky for me for a while, and I want to solidify...

Peercoin and Proof-of-Stake consensus turn 10 years old today! ????????

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The Ethereum blockchain will be switched from its current proof of work consensus to proof of stake. Among other things, this will result in huge energy savings and a smaller carbon footprint.

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Deeper questions about Ethereum Consensus and Execution Layers

I'm trying to better understand the current connection between the Consensus Layer (PoS Chain) and the Execution Layer (PoW Chain), so that I can move on to better understanding the Merge. I understand that the Consensus Layer is running parallel to...

Helium network team resolves consensus error after 4-hour outage

The Internet of Things (IoT) blockchain Helium shut down for about 4 hours on Monday due to validator outages from a software update, causing delayed transaction finality. During the outage, devices transferring data over the network were not affect...

Consensus Conversations 2022: Bitcoin Professor Phil Snyder - CoinDesk

University of Houston Professor Phil Snyder teaches a class about bitcoin. Of note, the title of the course doesn’t have the word “bitcoin” in it. CoinDesk podcast producer Rob Mitchell talks to Phil about the class and bitcoin maximalism, but not...

Cardano Creator Joins Vitalik Buterin to Berate Top Bitcoiner for Criticizing Proof-Of-Stake (PoS) Consensus

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CoinEx Charity Sponsors Consensus2022 MetaGala with Donations to Charitable Education

On June 11, Consensus hosted MetaGala, one of the major events of Consensus 2022 that brings together crypto investors, influencers, and artists from the cultural sector, the crypto space, and the fashion industry. For the last seven years from 2015...

VeChain Heads For Consensus Update, Can VET Price Lessen Bearish Pressure?

VeChain follows the general sentiment in the market and has experienced some relief across low timeframes. The crypto market trended below the critical support zone during the weekend but saw it bounce during today’s trading session. Related Reading...

CONSENSUS 2022 HIGHLIGHTS: PlayDapp Makes 3 Major Announcements at the World’s Largest Blockchain Conference

Wilmington, Delaware, 15th June, 2022, Chainwire At The recent Consensus 2022 Conference, The Blockchain Middleware Provider Announced The Launch Of A Metaverse Virtual World, A New Play-to-earn Baseball Game And An Update On PlayDapp – IPX Partner...

Consensus 2022: Web3, unpacking regulations, and optimism for crypto’s future

“Everything is bigger in Texas” proved to be true during Consensus 2022. The crypto conference took place June 9–12 in Austin, Texas, this year, attracting 17,000 people from across the globe, despite the 100-degree plus weather. According to the eve...

Cardano: Chief scientist of IOG Aggelos Kiayias breaks down new advances in the Ouroboros consensus algorithm

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Here Are The Events You Can’t Miss at Consensus 2022 Week

Even though the last couple of years have seen a number of crypto-centric events pop up all over the globe, none can be compared to Consensus, a 4-day conference that helps bring together some of the biggest names from within the global economic land...

The Joy of Consensus Mechanisms: A Primer on Ethereum's Proof-of-Work vs Proof-of-Stake

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After Solana’s Co-Founder Said BTC Should Change Its Consensus Algo, Solana Mainnet Loses Consensus for 7 Hours

While Ethereum users participating in the Otherside metaverse land sale caused network fees to rise and created issues for the blockchain explorer Etherscan, it overshadowed Solana’s blockchain network outage. It seems a flood of inbound trans...

Solana Co-Founder Believes Bitcoin Needs to Change to Proof-of-Stake Consensus to Remain Relevant

Anatoly Yakovenko, one of the co-founders of Solana, the proof-of-stake based, smart contracts enabled blockchain, issued a series of statements criticizing bitcoin’s consensus algorithm. In an interview on CNBC, Yakovenko stated that bitcoin...

Analysts are bullish on Ethereum as 12 million ETH is staked on the consensus layer

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What is Polygon Consensus 2022?

The first Polygon Consensus Conference held by BitKeep, the world’s largest Web3 multichain crypto wallet, and Polygon will be officially open on May 2022. BitKeep, as the recommended wallet of multiple mainnets, hopes that an increased number of u...

Monero community reaches consensus for July hard fork

As told by Monero (XMR) developers over the weekend, on July 16, the Monero network passed a community consensus to initiate a mainnet hard fork at block height 2,668,888. The popular privacy coin's hard fork will include increasing the chain's ring...

Why Did Ethereum Rebrand 'Eth2' As The Consensus Layer?

submitted by /u/TronWeeklyJournal [link] [comments]

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