Lidia Ossinger
23.04.2021
Chris Larsen Calls for the Abandonment of the PoW Algorithm in order not to hinder the further mass adoption of cryptocurrencies
The co-founder of Ripple advised Bitcoin developers to consider moving from the Proof of Work (PoW) consensus algorithm to the Proof of Stake (PoS). Larsen drew attention to the negative environmental impact of mining the first cryptocurrency. He believes that any networks using a Proof of Work (PoW) consensus would benefit from switching to PoS […]
Lidia Ossinger
23.04.2021
Binance Smart Chain (BSC) Transaction Number Exceedes 5x Ethereum
According to experts, this was due to the growth of activity on the PancakeSwap decentralized cryptocurrency exchange. Only DEX PancakeSwap on Binance Smart Chain processed more transactions per day than the entire Ethereum network. According to CoinDesk, BSC surpassed Ethereum in daily transaction volume and unique active wallets in Q1. This is due to the […]
Lidia Ossinger
23.04.2021
Coinbase Pro will list the largest stablecoin Tether
On the Coinbase Pro project blog, Information was published regarding the launch of trading in the digital asset which is scheduled for Monday, April 26. The blog discusses the intention of the Coinbase team to launch USDT trading in pairs with cryptocurrencies (bitcoin, Ethereum), USD Coin stablecoin and fiat (euro, US dollar, British pound). Coinbase […]
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