Bitcoin and Ethereum vs Visa and PayPal – Transactions per second

Bitcoin and Ethereum vs Visa and PayPal – Transactions per second One of the big debates happening in the Bitcoin community is over the specification of block sizes, which limits the maximum number of transactions that may be processed per second. Luno, a Bitcoin exchange and wallet provider, recently explained that transacting in Bitcoin has…

The Unbreachable Data Made Possible With Bitcoin & Ethereum Blockchain, Here’s How

The Unbreachable Data Made Possible With Bitcoin & Ethereum Blockchain, Here’s How MyBit, a Berlin-based startup, is utilizing the Ethereum and Bitcoin Blockchain networks to solve data manipulation. For decades, large-scale corporations in the industries of healthcare, finance and technology have struggled to secure, store and process data in a secure ledger. If most data…

Ethereum Developers Eye Proof-of-Stake Shift with Update

Ethereum Developers Eye Proof-of-Stake Shift with New Update   The team behind ethereum’s most popular user client have released a new update that includes support for alternative consensus systems. Late last week, the developers behind Geth unveiled version 1.6, featuring support for a “plugable consensus model” in anticipation of ethereum’s shift from proof-of-work(mining) to proof-of-stake(pos).…

Ethereum’s Difficulty Bomb: All Smoke, No Fire?

Ethereum’s Difficulty Bomb: All Smoke, No Fire? Sometime in the future (we can’t be certain when), ethereum will likely switch from its proof-of-work consensus algorithm to Casper, a proof-of-stake system its developers are now in the throes of completing. While this may sound like a slight change to those who are unfamiliar, altering this one parameter will have…