Framework

Staking, Consensus and the Pursuit of Decentralization

Source Node: https://cointelegraph.com/news/staking-consensus-and-the-pursuit-of-decentralization
Time Stamp: April 4, 2020 3:02 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Oh, the wonders of decentralized consensus — that dream of permissionless blockchains to be censorship-resistant, trustless, collaborative and egalitarian for a potentially global community of users. While lofty in ideals, consensus is foundational for each crypto network, which must agree upon that most basic question of who decides what on the network.Decentralized consensus in the form of a proof-of-work mechanism was at the core of Satoshi Nakamoto’s innovation when creating Bitcoin — all additional protocol elements stem from PoW’s ability to reach consensus regarding the digital ledger through the computational work

Crypto Rating Council Reveals New Cryptocurrency Scores for Brave and Other Assets

Source Node: https://insidebitcoins.com/news/crypto-rating-council-reveals-new-cryptocurrency-scores-for-brave-and-other-assets/256534
Time Stamp: April 3, 2020 10:12 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The Crypto Rating Council (CRC) is changing up some of its scores. In fact, it’s adding three whole new ones on top of adjusting some previous ones as well.These three brand new scores are for Brave Browser’s Basic Attention Token (BAT), USDCoin (USDC), and IOTA (IOTA), a blog report from the council notes.Of course, these assets are “traded, transacted or supported in some capacity as a non-security by at least one CRC member’s U.S. business,” which is part of the criteria for listing them.Then, it changed the scores it has

IOTA Set for More Exposure on U.S Exchanges After New 2.0 CRC Rating

Source Node: https://coinfomania.com/iota-set-for-listing-on-u-s-exchanges-crc-rating/?utm_source=rss&utm_medium=rss&utm_campaign=iota-set-for-listing-on-u-s-exchanges-crc-rating
Time Stamp: April 3, 2020 6:10 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

IOTA (MIOTA), the native token of the distributed ledger technology project led by the IOTA Foundation, could potentially be listed on more cryptocurrency exchanges in the United States in the coming weeks, Coinfomania has learned. The anticipated listing spree, which has already begun with a Bittrex Exchange listing earlier today, follows a recent rating report published by the Crypto Rating Council (CRC) on IOTA. The digital asset has until now been sparsely traded on U.S exchanges. The reason is that its properties and mode of initial distribution (a token sale)

As Malta Delays Regulatory Clarity, Fewer Firms Remain on ‘Blockchain Island’

Source Node: https://cointelegraph.com/news/as-malta-delays-regulatory-clarity-fewer-firms-remain-on-blockchain-island
Time Stamp: April 3, 2020 11:31 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

It seems that Malta is becoming both less popular among and less populated with crypto firms. The European Union country attracted dozens of industry players in 2018 on the back of the “blockchain island” agenda championed by the local government, but the relevant framework has not yet proven to be effective. Meanwhile, the official rhetoric apparently started to shift away from the blockchain sector, as the government now aims to consolidate it with “other niche sectors.”Meanwhile, the Malta Financial Services Authority, continues to pluck out non-registered crypto agents — be

Blockchain Head at European Commission Explains Usefulness of DLT

Source Node: https://cointelegraph.com/news/blockchain-head-at-european-commission-explains-usefulness-of-dlt
Time Stamp: April 3, 2020 9:08 AM - Modified On: May 21, 2021 - Published By:
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The head of the digital innovation and blockchain unit at the European Commission (EC), Pēteris Zilgalvis, explained the concise benefits of distributed ledger technology (DLT) in an interview to The Banker, a subsidiary of the Financial Times. In the interview, published on April 3, Zilgalvis talked about the benefits and challenges of the technology.According to him, blockchain provides a powerful framework for data sharing, something that can't be done by normal databases:“We think that it presents an excellent technology for situations where different stakeholders need to collaborate but, due to

Nodle Outgrows Stellar, Begins to Migrate to own Blockchain

Source Node: https://cointelegraph.com/news/nodle-outgrows-stellar-begins-to-migrate-to-own-blockchain
Time Stamp: April 3, 2020 12:52 AM - Modified On: August 29, 2021 - Published By:
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Nodle Network, an IOTA (MIOTA) competitor, is in the process of migrating from Stellar (XLM) to its own blockchain network with the release of the Arcadia testnet.Nodle is a decentralized network provider that specializes in detecting and connecting the internet of things (IoT). It currently connects over five million active nodes with over 92 million detected devices. While Stellar has been able to handle Nodle’s heavy traffic of 1.3 million daily transactions to date, the company believes it needs to deploy its own blockchain to accommodate some of the advanced features