“If it grows to consume significant energy, we believe it will still be less wasteful than the labor- and resource-intensive traditional banking activities it will replace,” Satoshi wrote. “The cost is far less than the billions of dollars banks pay in fees for every brick-and-mortar building, skyscraper, and junk mail credit card service.”
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Avalanche (AVAX), a prominent layer 1 blockchain and rival to Ethereum (ETH), suffered a network outage that lasted 5 hours. According to Avalanche data tracking platform Avalanche Status, the blockchain suffered an outage that resulted in blocks not being accepted on the underlying network. “Developers across the community are currently investigating block finalization delays where blocks are not accepted on the underlying network. “Updates will be posted here as the matter is investigated.” However, a later update resolved the issue as of Friday morning. According to Patrick O’Grady, Vice President of Platform Engineering at Ava Labs, the issue was resolved…
Looking for a Cardano alternative? Among top cryptocurrencies like Solana (SOL) and Avalanche (AVAX), newcomer BlockDAG Coin (BDAG) presents a promising alternative to Cardano’s ADA. Recently, famous cryptocurrency entrepreneur Dan Gambardello shared his thoughts on the ongoing cryptocurrency craze on X. After seeing enthusiasts of both coins bashing each other on social media, he urged them to stay away from tribalism and keep an open mind. So today, in that spirit, we are looking at the facts and exploring BlockDAG Coin, the latest Cardano alternative that could generate returns of 1000x or more. Gambardello Best Crypto Coins In a recent…
Satoshi Nakamoto’s early collaborator Martii ‘Sirius’ Malmi has revealed his entire email correspondence with the Bitcoin creator.The new email, which has sparked an ongoing lawsuit in the UK, is the most significant addition yet to the canon of what we know about the anonymous creator of Bitcoin. The most important new findings are:Email #1: Satoshi’s Bitcoin Scaling Assumptions When asked how Bitcoin could scale in the future, Satoshi theorized that the network could have up to 100,000 nodes. Here he enters into calculations that evaluate the economics of bandwidth costs for nodes (read: miners) when propagating transactions across the network,…
Kraken filed a motion Thursday to dissolve the Securities and Exchange Commission. November Litigation It accused the cryptocurrency exchange of operating without registration, failing to prevent known conflicts of interest, and commingling customer funds, among other charges.In addition to submitting documents work outkraken said blog post On Thursday, the SEC said the SEC’s argument was flawed because it claimed the cryptocurrency exchange was operating an unlicensed platform for “investment contracts” without identifying the “agreements” between Kraken users and token issuers.“None of the assets sued by the SEC are investment contracts under the law,” the exchange said. “For 80 years, the…
New Security-Focused ZK Rollup Zircuit Launches Staking Program – Chainwire housenewsroomNew security-focused ZK rollup Zircuit launches staking program We use cookies to make your experience on Chainwire’s website better. Cookies help us provide you with a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or access is necessary for the…
Ethereum’s monthly NFT sales hit the highest in 10 months. Regular NFT market capitalization has increased by double digits over the past month. Monthly sales of non-fungible tokens (NFTs) on the Ethereum (ETH) network have surpassed $430 million, the highest in 10 months. Cryptoslam. Over the past 23 days, NFT sales on the proof-of-stake network totaled $433 million, up 22% from January’s record sales of $355 million. The last time monthly NFT sales on the Ethereum network exceeded $400 million was in April 2023, according to the data provider. Source: CryptoSlam As of this month, registered sales volume totaled 677,456…
With the BTC halving event approaching and expectations rising for the possible approval of a spot ETH ETF, the stage is set for the next bull market. Historically, spot ETF approvals and BTC halvings have sparked significant price surges across altcoins, and this trend appears to be already underway. In particular, HBAR price recently hit a new ATH this year due to a surge in trading volume. Ahead of the upcoming bull market, investors are suffering from FOMO and looking for opportunities to capitalize on the upturn. As any astute investor knows, the surest way to maximize profits, especially in…
Following significant opposition, the United States has halted efforts to collect energy consumption data from Bitcoin miners. Last month, the U.S. Department of Energy’s Energy Information Administration (EIA) announced plans to collect information on energy usage by cryptocurrency miners. Bitcoin mining investigation halted EIA’s move drew immediate backlash from the mining community and various U.S. lawmakers who found it intrusive. As a result, prominent Bitcoin mining company Riot Platforms and the Texas Blockchain Council took legal action against authorities, claiming the investigation was illegal and politically driven. According to a February 23 court order shared by Riot’s Vice President of…
Whether you’re a seasoned chef or a beginner, learning the art of chip making will take your cooking skills to the next level. From classic potato chips to innovative vegetable chips, the possibilities are endless when it comes to creating your own crunchy, delicious snacks. Getting started Before you begin your chip making journey, it is important to gather the necessary tools and materials. You’ll need a mandoline slicer or sharp knife, a large bowl, deep fryer or baking sheet, and vegetables or potatoes of your choice. Material selection Potatoes are the most popular choice for making chips, but don’t…