#Proof Of Stake

Even though mining today is quite profitable, this industry may fade into oblivion in the long run, Ethereum founder Vitalik Buterin told Russian publication Kommersant.

Vlad Zamfir, a researcher and developer at the Ethereum Foundation, recently visited Odessa, Ukraine to take part in Blockchain Incredible Party (BIP 001), a major conference hosted by Distributed Lab.

Some anthropologists believe consensus is a universal decision-making system inherent in primitive societies where people struggled for survival and inclined towards equal partnership.

Everyone who has looked at Bitcoin close enough probably understands that it’s a revolutionary achievement created by a legendary, forward thinking individual or group. Superficially, the revolutionary technology built within it has the ability to send money without any central authority, so you don’t need someone to issue your cash, it just exists – somewhat […]