Tag: COnsensus

Price of Bitcoin Slides Below $8,100 Amid Consensus Woes

This week has marked the duration of the fourth annual Consensus conference, the largest cryptocurrency conference in the world. As attendance more than quadrupled from 2017, to over 9,000 attendees, there was plenty of hype and heavy anticipation of the positive effect Consensus 2018 would have on cryptocurrency markets. Unfortunately, the conclusion of Consesnsus 2018 has not had the positive impact expected. Since local highs from May 15, the global …
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Ethereum, OmiseGo, and Cardano Creators are Boycotting Consensus 2018 After Controversy

According to Bloomberg, the creators of Ethereum, Cardano, and OmiseGo, some of the biggest public blockchain protocols and cryptocurrencies, are boycotting the largest cryptocurrency conference, Consensus, after a controversial report about OmiseGo’s surge in price was published on April 26. OmiseGo Controversy Consensus 2018 is the leading cryptocurrency conference, hosted by cryptocurrency media outlet CoinDesk. The event, which is often hosted in the second quarter of every year, attracts many of the most …
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Can Hashgraph Dethrone Blockchain as the Future Backbone of Consensus Algorithms?

Over the past few weeks, there has been a lot of talk about a new technology known as Hashgraph. So far, a lot of people have no idea what this is, let alone why it should matter in the first place. According to the Swirlds team, Hashgraph is a new consensus algorithm based on distributed ledger technology. It certainly lacks some of the features one would associate with a proper blockchain, …
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Bitcoin Scaling Agreements – Hong Kong Consensus vs New York Consensus

Over the past year and a half, we have been multiple “agreements” to make Bitcoin scale. Two of the agreements that stood out are the Hong Kong agreement, and the one recently formed in New York. Both of these proposals highlight some interesting aspects of making Bitcoin scale. It also goes to show how some things have changed, whereas others virtually remain the same. 2. Hong Kong Consensus Agreement of …
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