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 …
The current crypto market fall has harmed retail investor morale, but it has also harmed the decentralized financial area. As a result of this drop in value, many companies have been forced to lay off employees or shut down entirely.
This is not only bad news for investors and entrepreneurs, but also for cryptocurrency users as well. For example, if there are fewer dApps being built on top of the Ethereum network because they’re not profit…
After a successful airdrop last week, Binance, the world’s biggest cryptocurrency exchange, announced that it would list the LUNA coin. However, Binance’s “innovation zone,” a trading platform for new, high-risk tokens, will offer the token.
Binance, the world’s largest cryptocurrency exchange by trading volume, will list LUNA (LUNA) after the upgrade. The exchange plans to include LUNA in its upcoming Binance Chain decentralized exchange …
On Thursday, a senior Federal Reserve official issued a stern warning to House lawmakers: If the central bank takes too long to issue a digital currency, the dollar’s worldwide supremacy may be jeopardized.
“If we don’t act quickly, there is a risk that the dollar’s role as the world’s reserve currency will come to an end,” said Lael Brainard, a member of the U.S. central bank’s board of governors.
Brainard informed members of Congress …
Terra 2.0, the new version of Terra, will launch tomorrow, Saturday, May 28. The community voted to move forward with a proposal that will destroy more than 1 billion UST, in an attempt to rebind the stablecoin. Meanwhile, Terra 2.0 is expected to launch tomorrow, Saturday.
Terra’s planned revival that will see the birth of a new version of the now beleaguered blockchain has been delayed by a day due to undisclosed reasons. This was report…
