PoW

What is cryptocurrency decentralization

The main idea of ​​digital money is distributed processing of financial transactions. The blockchain functions through the actions of ordinary users. Cryptocurrency network participants connect to Bitcoin and other chains through a software client and become nodes of the system. They perform the main work - they process transactions, create new links, and so on. This is called the decentralization of cryptocurrencies. The capacity of a peer-to-peer network depends on all nodes, not a single server. However, one should understand where and how decentralization is applied in the field of

Trailerblazer ABEY bags accolade

The AIBC Europe 2021 Blockchain Solution of the Year award was won by ABEY. ABEYCHAIN and ABEY ecosystem, a leading player in the emerging blockchain sector, established a victory in Malta on November 17, 2021. ABEY was announced the winner of the Blockchain Solution of the year award at the 5th edition of the AIBC Europe 2021 awards that was held in Malta on November 16th, 2021. Salient facts about ABEY  ABEY and its blockchain, ABEYCHAIN are one of the fastest-growing blockchain solutions in the world. AIBC Europe 2021 Awards

ADA Finance Announces Haskell Academy Program with BitDegree

Press Release: Cross-Dual-Chain DeFi Ecosystem ADA Finance has announced an MOU with BitDegree to structure a Haskell Academy program, and is nominated for the ‘Best DeFi Project of the Year’ award at the AIBC Summit.   11th November 2021, Mahe, Victoria, Seychelles — The ADA Finance platform has just announced the Haskell Academy program, with BitDegree, to educate Haskell developers and motivate building on the Cardano blockchain. The ADAFi ecosystem is powered by both the Cardano blockchain, utilizing the rapidly emerging Haskell programming language, and Avalanche blockchain, utilizing solidity. ADA Finance

Solana Enjoys 7% Boost Amid Sponsorship Of Lollapalooza Music Festival 

The proof-of-stake cryptocurrency Solana enjoyed a hefty boost during the popular music festival after it was advertised prominently during the opening day of the Lollapalooza music festival.Day one of the three-day festival kicked off yesterday with a bang. Headline acts included Miley Cyrus, Playboi Carti, Steve Aoki—and Solana.  That’s because the crypto project has sponsored one of the Lollapalooza stages. Videos posted on social media reveal a Solana “pool float” and a large banner advertisement atop Perry’s stage.  Solana is a relative newcomer to the crypto space; akin to Ethereum,

Fundamentally Strongest Crypto Projects in 2020

There are numerous new promising cryptocurrency projects coming out every year. Some of them die quickly either because they offer nothing innovative to the cryptocurrency industry or a myriad of other reasons. However, some manage to thrive, lingering around long enough to grow through the ranks and eventually become staples of the industry. In this article, we will take a look at four projects which due to their strong fundamental basis and value added, could eventually become mainstays in the crypto industry. Elrond (EGLD) Elrond is a blockchain that sports

Two Attacks on ETC Network Leave Community Needing a Solution, Fast

Ethereum Classic, a 2016 hard fork from Ethereum’s main blockchain, has suffered multiple concerning network attacks over the last two years. Two such attacks occurred within a seven-day span, totaling millions of dollars in losses. With the dust settling from the two 51% attacks, further details are now coming forward, as provided by a number of industry experts.“There is no debate about the attacks,” ETC Labs CEO Terry Culver told Cointelegraph on Aug. 7, answering a question on whether or not the network difficulties were in fact 51% attacks. “Community

Buy DGB From the DigiByte Foundation Website with 36 Fiat Currencies Using ApplePay, Credit Card, Debit Card, SEPA

Decentralized proof-of-work (PoW) blockchain protocol DigiByte has partnered with MoonPay and Change Angel — a UK-based non-custodial wallet and exchange, to enable its users to buy DGB in any of the 36 supporters fiat currencies by simply clicking on the “Buy DGB” tab on the DigiByte Foundation’s homepage. Individuals can use ApplePay, SEPA, and Visa or Mastercard credit or debit cards to purchase DGB. MoonPay and Change Angel Ally With the DigiByte Foundation, Fee Sharing Formula Announced Of note, a new fee-sharing formula was also announced. Fees will be shared