Ethereum fork token ETHPoW climbs 150% after smart contract hack — a fakeout ETHW rally?
ETHPoW’s hash rate and total value locked have risen significantly during its latest bull run. Go to Source Powered by WPeMatico
Proof of Work
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The path moving forward for ex-Ethereum miners remains unclear
It seems that some GPU owners have resorted to selling power to non-crypto projects following the Ethereum Merge. Go to Source Powered by WPeMatico
Is post-Merge Ethereum PoS a threat to Bitcoin’s dominance?
Cory Klippsten, the CEO of Swan Bitcoin, shares his views on how “the competition for liquidity” between Bitcoin and Ethereum will play out after the latter’s switch to a proof-of-stake system. Go to Source Powered by WPeMatico
Ethereum post-Merge hard forks are here: Now what?
The Merge marks a turning point for the Ethereum network, but what are the consequences of switching to a new consensus mechanism? Go to Source Powered by WPeMatico
ETHW confirms contract vulnerability exploit, dismisses replay attack claims
The proof-of-work fork of the Ethereum blockchain was targeted by a cross-chain contract exploit. Go to Source Powered by WPeMatico
Web3 Firm Acquires Creator of South Africa’s First Listed PoW Crypto, Safcoin
A Web3 technology company, Virtual Nation Builders, recently said it acquired FHM, the firm that created safcoin, South Africa’s touted first proof-of-work cryptocurrency to list on a global exchange. As a result of the Web3 firm’s acquisition of FHM, the cryptocurrency will now “list and merge all its digital use-cases and platforms into the new … Read more
Bitcoin better than physical property for commoners, says Michael Saylor
Saylor underscored the high maintenance costs and taxes linked with owning and inheriting physical property over the long term, which in the case of Bitcoin, does not exist. Go to Source Powered by WPeMatico
New Ethereum PoW Fork Gathers 60 Terahash From Well Known Pools, ETHW’s Price Shudders 39% in 24 Hours
Following Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoW) roughly five different crypto assets were the main beneficiaries of Ethereum’s former hashrate. However, 24 hours after The Merge, anonymous developers launched an Ethereum PoW fork called ETHW and the fork has managed to garner 60.92 terahash per second (TH/s) of hashpower. However, ETHW has lost … Read more
The PoW Dominance Purge — Only 6 Crypto Assets out of the Top 50 Market Caps Use Proof-of-Work
At the time of writing, only one coin in the top ten crypto assets by market capitalization is a proof-of-work (PoW) token and out of the top 20, there are only three tokens that leverage a PoW consensus mechanism. Moreover, out of 50 of the largest crypto coins by valuation, only six use PoW and … Read more
40%+ Ethereum PoS nodes are controlled by two addresses says Santiment data
Data released hours after the Merge prompted concerns about the alleged centralization of PoS. Go to Source Powered by WPeMatico
