• Breaking News

    Wednesday, October 2, 2019

    Crypto Currency Markets IKEA Permits Invoice-Payment through Ethereum Blockchain

    Crypto Currency Markets IKEA Permits Invoice-Payment through Ethereum Blockchain


    IKEA Permits Invoice-Payment through Ethereum Blockchain

    Posted: 02 Oct 2019 09:11 PM PDT

    Hong Kong Bitcoin Trading Volume Spikes to Highest Levels Ever Recorded

    Posted: 02 Oct 2019 02:48 AM PDT

    State-Backed German Bank Says Bitcoin Will Leap to $90K in 2020

    Posted: 02 Oct 2019 05:21 AM PDT

    We we are bore cause the market low volatility xD

    Posted: 02 Oct 2019 07:30 PM PDT

    Leading Japanese financial firms like Monex Group and SBI Securities are forming a regulatory body for security token offerings, proposing a new set of rules and seek approval from the country’s financial watchdog organization, the Financial Services Agency.

    Posted: 02 Oct 2019 07:20 PM PDT

    Binance Exchange may add SegWit support for bitcoin transactions |

    Posted: 02 Oct 2019 02:19 PM PDT

    Coinbase launches crypto rewards program for USDC holders - The Block

    Posted: 02 Oct 2019 11:10 AM PDT

    Samsung-Backed Blocko Launches in UAE After Dubai Blockchain Push

    Posted: 02 Oct 2019 03:44 PM PDT

    Markets in turmoil: Stocks, oil, and crypto all significantly down

    Posted: 02 Oct 2019 05:25 AM PDT

    Crypto Wars And Asteroid Mining: CEO Of Electroneum, Richard Ells, Speaks His Mind (A CryptoDaily Exclusive)

    Posted: 02 Oct 2019 03:25 PM PDT

    Russian Ministry of Finance Proposes 3 Legal Categories for Cryptocurrencies

    Posted: 02 Oct 2019 04:35 AM PDT

    Top German Bank Predicts Bitcoin to Hit $90,000 After Halving, Calling It ‘Ultrahard Money’

    Posted: 02 Oct 2019 01:54 AM PDT

    The Number of Cryptocurrency Wallets Has Been Increasing Exponentially. More than 40 million wallets have been created, as of mid-2019

    Posted: 02 Oct 2019 01:29 AM PDT

    How to Create a Bitcoin Trading Bot

    Posted: 02 Oct 2019 12:38 AM PDT

    Tron’s Justin Sun announces ‘Removal of GR Genesis Votes’ from Tron ecosystem

    Posted: 02 Oct 2019 02:27 PM PDT

    McAfee confirmed his willingness to eat his penis if Bitcoin reaches $ 1 million in 2020 |

    Posted: 02 Oct 2019 02:00 PM PDT

    XCARD Target market

    Posted: 02 Oct 2019 01:47 PM PDT

    $322 Million: How The SEC Might Settle With Ripple Labs

    Posted: 02 Oct 2019 01:21 PM PDT

    Bakkt's Daily Bitcoin Trading Volume Collapses by -79%

    Posted: 02 Oct 2019 01:18 PM PDT

    Why Stake? Choosing between Crypto Mining and Crypto Staking

    Posted: 01 Oct 2019 11:35 PM PDT

    The two most significant guarantees of blockchain are decentralization and immutable recording. It's a conveyed database where the computers on the system, called nodes, secure and maintain in a shared manner. All nodes are complete records. The system can't be destroyed by taking out any central server. Block records are linked via a protocol program, and no current block can be deleted or modified. Including another block is the best way to update blockchain, and any node can do so without any central authority. With this, the concept of blockchain mining and staking emerge as the best consensus algorithms for cryptocurrency platforms.

    Crypto mining has the Proof-of-Work consensus mechanism. Transactions on the blockchain have to be validated to enter the public ledger, and known that validating a node as the 'miner'. All miners in the network use their computer power to solve sophisticated algorithms which then produce a block that chains to the block before. After that, the transaction is validated and the miner that succeeded in solving the cryptographic puzzle of the block will get the reward of newly-minted coin and network transaction fees. Crypto staking, as discussed in this article, is the process by which an investor commits their tokens to the service of a blockchain in exchange for rewards in the form of new tokens. Staking rewards are a byproduct of a consensus algorithm used in certain cryptocurrencies called proof-of-stake.

    But why choose staking? Because mining requires high computational power which is very energy-intensive and leads to high electricity costs. That's not to say the initial investment in the mining equipment is also relatively expensive. On the other hand, staking does not require those costs. Instead, an individual needs to stake some amount of coins as collateral for a determined time in a running masternode. However, running a masternode requires minimal collateral. If the amount of coins staked is lower than the collateral, it will no longer be a masternode and will no longer be generating rewards. Another reason is that mining in a Proof-of-Work system has risks of centralization as this activity shifts from community to fewer hands. Staking remains decentralized as the reward distribution is fair according to each staking position. This is in line with the decentralization spirit of a blockchain. It is known to everyone that there's an emerging market for staking, which is why thousands of cryptocurrency projects added staking as an integral part of there projects. This will be helpful for any cryptocurrency enthusiast looking to earn more in the market.

    submitted by /u/LarvaeBoss
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    A 27-year-old Congressional candidate mounting a primary challenge for U.S. House Speaker Nancy Pelosi’s seat is a blockchain fan, and wants to see the meaningful enactment of 'practical' regulation around digital assets.

    Posted: 02 Oct 2019 12:00 PM PDT

    Video Shows $10M Chinese Bitcoin Mining Farm in Flames. The mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed.

    Posted: 01 Oct 2019 11:43 PM PDT

    Which price comes next for Bitcoin: $7800 or $8600

    Posted: 02 Oct 2019 03:06 PM PDT

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