カテゴリー: verge

Study Reveals ASIC Miners Represent 30% of the Equihash Mining Hashrate

Study Reveals ASIC Miners Represent 30% of the Equihash Mining HashrateThis week the Zcash Foundation and researchers from the University of Luxembourg have released a study that finds the presence of ASIC and FPGA miners may be controlling around 30 percent of the overall Equihash mining hashrate. The study speaks volumes to cryptocurrency developers and communities who have attempted to produce proof-of-work mechanisms that were […]

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Mining Manufacturer Obelisk Announces ASIC-Friendly Launchpad

Mining Manufacturer Obelisk Announces ASIC-Friendly LaunchpadObelisk, a new ASIC manufacturer led by Siacoin developer David Vorick, has released plans for an ASIC launchpad for Proof of Work coins. Its aim is to provide new and existing cryptocurrencies with an ASIC-friendly algorithm that will mitigate the rising threat of 51% attacks. Although initially devised with the company’s own ASIC miner in […]

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Proof of Work Coins on High Alert Following Spate of 51% Attacks

Proof of Work Coins on High Alert Following Spate of 51% AttacksFirst it happened to verge. $1.8m of cryptocurrency swiped in a matter of hours. Then to bitcoin gold, plundered in an $18m double spend attack. Then to verge again, this time to the tune of $1.7 million. Along the way, monacoin is also believed to have been hit. Someone is methodically working their way through […]

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Verge Struck by Second PoW Attack in as Many Months

Verge Struck By Second PoW Attack in as Many MonthsAccident-prone altcoin verge has been crippled by yet another mining attack. A little over a month after being subjected to a 51% attack, the network is once again at the mercy of a malevolent attacker who is rejecting blocks and profiting handsomely off the carnage caused. The repeat attack illustrates the risks faced by low […]

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The Privacy Coin Matrix: A Comprehensive Spreadsheet of Anonymous Digital Assets

The Privacy Coin Matrix: A Comprehensive Spreadsheet of Anonymous Digital AssetsAfter delving into the world of cryptocurrencies one can see that good majority of digital asset proponents are big fans of privacy and anonymity. Just recently a spreadsheet document was published that lists the top privacy-centric coins and the various differences between them. The paper called “Privacy Coin Matrix,” allows enthusiasts to see a comprehensive […]

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China Plays Jekyll & Hyde, After Ban It Will Publish Monthly Crypto Report

China Plays Jekyll & Hyde, After Ban It Will Publish Monthly Crypto ReportChina’s government is well known as a crypto hater, and its banishments and pronouncements are the stuff of wild market swings. That doesn’t mean, however, they’re not keeping close eye on decentralized currencies. In fact, according to recent press releases, Chinese authorities are set to publish regular monthly analysis of over two dozen crypto assets, […]

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Cryptocurrency Communities Just Can’t Get Along

Cryptocurrency Communities Just Can’t Get AlongIf there’s one thing that rival cryptocurrency factions can agree on, it’s their mutual dislike of one other. Everything else is up for debate, and not calm, reasonable debate, but the sort of fevered in-fighting that makes the crypto community resemble an unruly rabble. This internecine squabbling has arguably done more to hinder cryptocurrency adoption […]

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If You’re a Wikipedia Contributor, Owning Cryptocurrency May Be a Conflict of Interest

If You’re a Wikipedia Contributor, Owning Cryptocurrency May Be a Conflict of InterestThe web’s favorite crowdsourced encyclopedia has just edited its own behavioral guidelines. Wikipedia’s “Conflict of interest” (COI) page outlining etiquette for its 140,000 active editors now includes a reference to cryptocurrency. If you’re editing pages about crypto, the mere act of owning cryptocurrency may preclude you from doing so. Also read: Telegram Urges Paper Airplane Protest, […]

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Bitcoin in Brief Wednesday: Buy the Rumor, Sell the News

Bitcoin in Brief Wednesday: Buy the Rumor, Sell the NewsIn today’s edition of Bitcoin in Brief, your daily roundup of crypto news, we take a look at the best performing coins of the last 24 hours. Can they sustain their momentum, or is it a classic case of “Buy on the rumor, sell on the news?” Also read: Bitcoin in Brief Tuesday: Breakouts and Fakeouts […]

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Verge Is Forced to Fork After Suffering a 51% Attack

Verge Cryptocurrency Falls Prey to a 51% AttackVerge, a ”privacy coin” famed for the zealotry of its community, has fallen prey to a 51% attack. A malevolent miner gained majority control of the network hashrate, a feat that makes it possible for the controlling entity to modify transactions, calling the integrity of the entire blockchain into question. Around 250,000 verge were stolen […]

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