Tag Archives: plans

Monero Crypto Network Plans Fork to Buck ASIC Miners Once and For All

Developers of the privacy-cryptocurrency Monero have announced they’ll be “forking” (making code changes to) their network, changes that will reportedly make it impossible for “miners” using powerful ASIC-chip-laden machinery to process transactions on the network, Blockchain Reporter states. Continue reading Monero Crypto Network Plans Fork to Buck ASIC Miners Once and For All

Ethereum Refutes VDF Plans, Shares Intentions On How Funds Will Be Split Between Financial Partners

It had been reported that Ethereum has to make the transition to a proof-of-stake system and was to invest $15 million in the development of Verifiable Delay Functions (VDFs) which would aid this transition. However, Justin Drake, a member of the research team for Ethereum, has clarified that these rumors are false. While Ethereum will be switching to a PoS system, they have no intentions to spend $15 million. Continue reading Ethereum Refutes VDF Plans, Shares Intentions On How Funds Will Be Split Between Financial Partners

Coinbase Noncustodial Wallet Adds BTC Support and Plans to Add More Assets

Coinbase has announced support for bitcoin core (BTC) in the company’s noncustodial wallet. The wallet was originally originally dedicated to ethereum (ETH), ethereum classic (ETC), ERC721 and ERC20 tokens. The San Francisco based company plans to add more currencies to the wallet in the near future. Continue reading Coinbase Noncustodial Wallet Adds BTC Support and Plans to Add More Assets

IOTA Outlines Plans for Killing Off its Centralized ‘Coordinator’

The IOTA Foundation has revealed for the first time that it plans to gradually phase out the IOTA network Coordinator, which some see as a centralization risk. In a series of posts on its official blog on this week, the foundation outlined a sequence of steps it plans to take before “Coordicide”, which it sees as a major landmark on the road to complete decentralisation. Continue reading IOTA Outlines Plans for Killing Off its Centralized ‘Coordinator’