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Tag: 51% attack

Why Most Cryptocurrency Exchanges ask For KYC

Blockchain technology, the backbone of digital currencies like Bitcoin, has the potential to revolutionize various industries and create new business models. However, despite its...

Why Central Banks Are Considering Blockchain Technology

Blockchain technology, the backbone of digital currencies like Bitcoin, has the potential to revolutionize various industries and create new business models. However, despite its...

What is Holding Back Blockchain’s Mainstream Adoption

Blockchain technology, the backbone of digital currencies like Bitcoin, has the potential to revolutionize various industries and create new business models. However, despite its...

Polygon primed for hard fork aimed at reducing gas fee spikes: New details revealed

Ethereum layer-2 scaling solution Polygon will undergo a hard fork on Jan. 17 in order to address gas spikes and chain reorganizations issues that...

Can You Still Make Money Mining Monero in 2023?

<!-- --> Monero (XMR) is an interesting cryptocurrency that sits at the very heart and ethos of what a true decentralized,...

A Second Ethereum PoW Chain Idea Gains Traction, Poloniex to List ‘Potential Forked’ Token Markets

Five days ago, the influential Chinese crypto miner, Chandler Guo, explained that a proof-of-work (PoW) version of Ethereum is “coming soon” as the community...

Growing The Bitcoin Development Ecosystem In Africa

Bitcoin development in Africa, with a proper regulatory environment, could equally accelerate the continent and the technology.

Ethereum Hashrate Reaches New All-Time High

Ethereum

On January 27, Glassnodes’ data revealed that the Ethereum hashrate just reached a new all-time high – 1.11 PH/s (1.11 quadrillion hashes per second) at the moment – breaking its previous record of 1.08 PH/s. Hashrate is an indicator that presents computing power of the entire Ethereum network. The new record was set less than [...]

The post Ethereum Hashrate Reaches New All-Time High appeared first on Blockonomi.

The Actual Impact Of Bitcoin On War

The impact of Bitcoin on war will not simply be the eradication of violence, a problem of humanity since the dawn of time.

Finance Redefined: Vitalik bearish on cross-chain, dYdX decentralizing, Jan. 7–14

Vitalik Buterin outlined his views on a cross-chain blockchain world, dYdX announced plans for full decentralization in 2022, and Near Protocol raised $150 for Web3 tech — all coming to you in this week’s Finance Redefined.

How Blockchain Advances Paved the Route for the Success of Dogecoin

Blockchain technology has been instrumental in the development of new forms of commerce. A growing number of new cryptocurrencies have emerged, due to...

The Effects of 51% Attacks On Blockchains And How To Prevent Them

Easy Crypto Thefts and Hacks Bypass Blockchain Immunity

The post The Effects of 51% Attacks On Blockchains And How To Prevent Them appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Over the past decade, Bitcoin (BTC) has been widely touted as one of the safest technologies in the world due to its cryptographically secured network. Bitcoin’s security stems from its decentralized and distributed nature, given that participants in the network mine blocks, confirm, and verify data. The verification process of data is conducted using decentralized …

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