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ethereum difficulty bomb - Ticking Bomb by puroticorico

What is the Ethereum difficulty bomb?

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The Ethereum network is facing its own version of a “difficulty bomb” that will start to slow down the current blockchain system. The Difficulty Bomb is a difficulty adjustment algorithm that is designed to make block mining more difficult over time. It was originally implemented with the goal of incentivizing miners to switch to Proof-of-Stake (PoS) mining. The difficulty bomb was first announced in 2015 and was originally set to go live...

Cryptocurrencies, Ethereum, Front page, News

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POS (Proof of Stake)

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Proof of stake (PoS) is a method by which a cryptocurrency blockchain network achieves distributed consensus. In a PoS system, cryptocurrency owners stake their coins by holding them in a wallet and thus committing them to the network. The stake weight of a node is proportional to the amount of cryptocurrency it is staking, and the probability of a node being chosen to validate a block is proportional to its stake weight. PoS is an...

Blockchain, Cryptocurrencies, Glossary

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metacraft game

After Launching Indodax, MetaCraft is Witnessing a Strong Growth Momentum

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By JUAN MENDECryptoPress According to the official announcement of Indodex, Indonesia’s largest digital asset exchange, MetaCraft officially launched Indodax on May 25th; while the deposit of MCT on Indodex starts on 27th. In the past week, MCT growth rapidly, with a new All-Time High surging over 74.37%, marking its great potential in the field of DeFi Games.  MetaCraft is a running group chain play imitating Rarity, and a...

DeFi, GameFi, NFTs

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YTD (Year to date)

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Year to Date (YTD) is a term that refers to the time period that runs from the beginning day of the current calendar year, or fiscal year, to the present day. YTD data is important for examining financial and business patterns over time, as well as comparing performance statistics across investments in the same or other sectors. The word is most often employed in the conventional investment business, but it may also be used in blockchain...

Cryptocurrencies, Glossary

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Yield Farming

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Yield farming is a way for cryptocurrency projects to create tokenized incentives for users. Because these projects do not depend on a centralized market facilitator, many decentralized finance (Defi) initiatives employ yield farming to encourage users to contribute to the network’s liquidity and stability. Staking or locking up cryptocurrency inside a blockchain system to create tokenized incentives is known as yield...

DeFi, Glossary

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