by COINS NEWS - 3 years ago
The White House has signalled that it will support the last minute amendment by Warner, Portman, Sinema over the plan proposed by Toomey Wyden Lummis The former plan is even more disastrous than the original text without amendment It heavily regulat...
by COINS NEWS - 3 years ago
A used going by the name QuantumMechanic made a post in 2011 called "Proof of stake instead of proof of work" where he introduced the world to a new concept he called PoS. Everything else is history, except he never got the credits for it....
by COINS NEWS - 3 years ago
This is my attempt to summarize a recent blog post by Vitalik Buterin. This is a learning exercise for myself and critiques are welcome. If you feel something can be summarized better, please comment. Link to the article - November 2020 3 Re...
More / Etherum Reddit - 3 years ago
Hi everyone, newbie question. I know that for proof of work, the data is stored in nodes across the network. With proof of stake, staking money is all that is required, and not computational power (correct me if I am wrong), so where is blockchain da...
More / Bitcoin Reddit - 3 years ago
Another long post. I request that you bear with me and I hope this allows people to understand that proof of work is non-negotiable for a public blockchain. We've grown into this habit of dismissing even the most legitimate fact-based criti...