How Bitcoin Should Be Upgraded In The Future
The history of Bitcoin upgrade activation mechanisms informs an opinion on how to make protocol changes in the future.One of the most contentious questions in Bitcoin over the last five years has been how to activate soft forks. There have been many different mechanisms used in the history of Bitcoin to activate new features on the network, the iteration of which has generally evolved with the goal of making feature deployment as safe and non-disruptive as was possible. Until 2017, there was general consensus and not much disagreement as activation mechanisms changed, but during the....
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Keeping a Bitcoin wallet on a computer makes a lot of sense to consumers, but they do not always take the effects of upgrading the machine into account. One guy upgraded his computer and lost $67,000 USD worth of bitcoin in the process. Upgrading the Computer With a Bitcoin Wallet. When users install a bitcoin wallet on their computer, several important....
EverRise, the blockchain technology company that brought the buyback to crypto, has upgraded to a new smart contract that supports VeNomics (vote escrowed token model) and on-chain utility NFTs. The upgraded EverRise protocol introduces increased security features and an innovative staking platform built with on-chain utility NFTs. The RISE token is available on Ethereum, BNB Chain, Polygon, Fantom, and Avalanche with one shared supply, made possible with EverRise’s bridging solution, EverBridge.
With use of on-chain NFTs, staking contracts are now fully....
Yesterday, KnCMiner announced their entrance into the altcoin mining arena with their 100 MH/s Scrypt ASIC. The name they "coined" for their new device was this: The Titan. Despite the lack of power consumption figures for KnCMiner's Titan, hundreds of buyers have already spent over $2 million USD on KnCMiner preorders, according to TechCrunch's John Biggs. Alpha Technology is unfazed. Shortly after KnCMiner's announcement yesterday, they posted a news update to their website promising an update on how Alpha Technology would be "matching competition." Alpha Technology's newest release is....
PRESS RELEASE. EVT (Encrypted Variable Token) is said to be the upgraded version of NFT (Non-Fungible Token) and will eventually replace NFT soon for creatives. Is this possible? Here is an insight into how the backbone tech of these tokens works.
What is NFT? (Non-Fungible Token)
A non-fungible token is a financial security consisting of digital data stored in a blockchain, a form of a distributed ledger. The ownership of an NFT is recorded in the blockchain and can be transferred by the owner, allowing NFTs to be sold and traded.
An NFT is a spreadsheet....
IOHK wants to see at least 75% of new blocks coming from upgraded nodes, along with two other "critical indicators" before implementing the Vasil hard fork. Input Output Hong Kong (IOHK), the blockchain company behind the Cardano network says the much anticipated Vasil hard fork is “ever closer” after revealing the state of three critical indicators that will trigger the mainnet update. In a Twitter thread posted on Aug. 25, IOHK shared its latest “rollout status” of the Vasil upgrade to its 265,800 followers, with updates on “three critical mass indicators” which will determine when the....