Consensus News (SEN) - Page 1

Erik Zhang: much improved dBFT 2 Erik Zhang: much improved dBFT 2
April 20, 2019 2:30 AM Visit Twitter for Tweet content.
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NEO is in town, DAY 1! NEO is in town, DAY 1!
April 09, 2019 11:00 AM Yesterday, Rendong Liu explained to NEO blockchain 's attendees #Cryptography in #Blockchain & the Theory of NEO. Developers had the opportunity to explore the structure of each Neo #fullnodes, #NEO #dapps list, Process of a transaction in NEO and much more! On Day 2, #devs will have to roll up their sleeves and do some #coding! #wallets, #cryptography, #applicationengine, #ledger, #consensus, #NEOVM, #NEOwork, #persitence, #plugins, #training, #opportunity #transaction, #SeraphID Lili Zhao Swisscom Blockchain Alberto Cellini My Five Commandments for EntrepreneursRobert Herjavec on LinkedIn?10h
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#LiskWeekly: Hub 1 #LiskWeekly: Hub 1
April 05, 2019 10:56 AM Visit Twitter for Tweet content.
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Mathieu: "While Blockstream's researcher Andrew Poelstra will speak of Schnorr Signatures this May at the nicely named Magical Crypto Conference, part of Consensus Blockchain week, Bitcoin Cash (BCH) will be celebrating an upgrade that includes Schnorr Si Mathieu:
March 17, 2019 9:04 PM Visit Twitter for Tweet content.
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Mark Lundeberg: "My plans for November 2019 Bitcoin Cash upgrade: get BIP62 rule 3 activated in consensus (it's the very last third-party malleability mechanism affecting ordinary P2PKH transactions) and allow OP_CHECKMULTISIG to use Schnorr signatures" Mark Lundeberg:
March 13, 2019 2:28 PM Visit Twitter for Tweet content.
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@SatoshiLite: The extension blocks concept is similar to sidechains @SatoshiLite: The extension blocks concept is similar to sidechains
February 11, 2019 2:12 AM Visit Twitter for Tweet content.
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Single Sign On via Consensus The Coinbase Blog Single Sign On via Consensus   The Coinbase Blog
January 17, 2019 2:00 PM The Infrastructure Team at Coinbase has the goal of enabling any engineer in the company to quickly and securely access and deploy complex infrastructure. This effort started with our secure deployment pipeline Codeflow, was extended by our codification tooling GeoEngineer, and utilized by our blockchain infrastructure project Snapchain. Our latest project to empower engineers was to make it easy and safe to elevate their own permissions temporarily to perform complex infrastructure changes. Everything that engineers do at Coinbase is locked down by a mechanism that implements consensus. In order to interact with any production environment you must have a quorum of engineers approve the permissions, code, and configuration. This creates strict guardrails around making changes to our production environments along with an audit trail. This also enables us to secure customers funds with confidence.
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The Unique Consensus Mechanism of Decred--Is This True Decentralization The Unique Consensus Mechanism of Decred--Is This True Decentralization
January 16, 2019 8:10 PM January 16, 2019 by Paul de Havilland 0 Comment 6567 Views Decred has a unique consensus mechanism many regard as closer to true decentralization than most other cryptocurrencies. With the pros and cons of different consensus mechanisms being in focus recently, we thought Decred?s unusual hybrid consensus mechanism was worthy of examination. Also read: Paper Outlines Proof-of-Stake Sidechains for Cardano Ouroboros, Beyond Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Decred?s governance uses a hybrid Proof of Work, Proof of Stake model for decision-making to take place. The model works through Politeia, an off-chain element of the Decred consensus mechanism. The Decred development team placed $20 million USD into the Politeia treasury to jump-start it. Stakeholders?those who own Decred?s DCR tokens?are able to then make decisions in a transparent, referendum-based system.
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consensus - How many transactions per second can Ethereum currently handle What changes will allow the network to be able to handle more - Ethereum Stack Exchange consensus - How many transactions per second can Ethereum currently handle  What changes will allow the network to be able to handle more  - Ethereum Stack Exchange
January 16, 2019 1:54 PM Stack Exchange network consists of 174 Q&A communities including Stack Overflow, the largest, most trusted online community for developers to learn, share their knowledge, and build their careers. By using our site, you acknowledge that you have read and understand our Cookie Policy, Privacy Policy, and our Terms of Service. This question already has an answer here: I've been searching for a more precise answer to this question, but I've seen a lot of conflicting information stating that Ethereum can currently handle anywhere from 12-45 transactions per second. What is the correct current number?
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"Satoshi Nakamoto" isn't allowed to travel into the United States
January 16, 2019 1:37 AM The man who could be Satoshi Nakamoto does a lot of swearing about socialism, Alexandria Ocasio Cortez, Trump?s wall, Steve Jobs turtlenecks, and why he can?t get into the US By Brendan Sullivan , January 14, 2019 Craig Wright talks to Brendan Sullivan of Modern Consensus via Skype. A decade ago?on January 12, 2008?the first Bitcoin transaction went from ?Satoshi Nakamoto? to Hal Finney. Those 10 years were an explosive time where an industry went from a shared PDF to a $500 billion marketplace and now back down to about $125 billion. Dr. Craig Wright has been involved in crypto for at least that long and his caustic, bombastic style mixed with his academic heartstrings keeps crypto from getting boring. Whether he is Satoshi Nakamoto?or knows who should know the answer to that question?is a fun sort of grail-hunting endeavor. But what is a much better question is how did crypto last these past 10 years and where will it be 10 years from now? That?s what I tried to focus on when I Skyped him in London over the weekend.
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Simple guide on how to earn VRSC mining (solo, pool, combo) on CPU or GPU Simple guide on how to earn VRSC mining (solo, pool, combo) on CPU or GPU
January 15, 2019 4:06 PM Pool mining is a great way to participate in the distributed securing of a blockchain while earning rewards often sooner and more regularly than ?solo mining?. Whether solo or pool mining however, ultimately the results should be about the same as far as coins earned. Solo Mining doesn?t have to be ?solo? either! You can split your computer power, mining solo AND pool simultaneously. Whether using just CPU power, or a combination of CPU and GPU, running the pool miner and Agama side by side is no problem. In pool mining, many workers are pooling computer resources and as a result, any rewards from blocks found by the pool are distributed fairly to all pool participants. If, for example, you had a pool with 24 miners and each contributed the exact same hash power to the pool, then when a block reward of 24 was won for a block found by the pool, each person would receive 1 coin.
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The Consensus Algorithm Trilemma - Are There Universal Solutions The Consensus Algorithm Trilemma - Are There Universal Solutions
January 14, 2019 4:16 PM Proof of Service and SecurityShutterstock Consensus algorithms are as varied as one can dare to imagine. From the popular, considerably basic, but rather resilient Proof-of-Work that Bitcoin pioneered to so many others that other companies utilize, such as Proof-of-Stake with all its variants and even Proof-of-Authority. So there is definitely a wide variety available. However, what is clear is that there is no one single consensus algorithm to rule them all. Each has their strengths, and by implication also weaknesses, so their usefulness and validity vary from project to project.   It is not uncommon to have a project roll out their own consensus algorithm variant; often inspired from existing ones, to be able to cater to their exact needs. There are still many remaining problems to be grappled with, that no one single consensus algorithm has solved. For example, resistance to hackers and complete decentralization are paramount issues. As is solving the problem of ?isolation of the leader.?
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Consensus explained in Layman language Consensus explained in Layman language
January 11, 2019 12:11 PM Crypto Purview is a publication to make its readers aware of (1) blockchain | bitcoin and understand its use case, (2) new cryptocurrency | ICO projects and (3) Cryptocurrency news and market updates. How agreements are made? By ?rule of the majority?, right? Consider a group of people working on a strategy for the company, they have several options and to decide on the best choice for the company, everyone would vote on the best strategy by say raising their hands. It?s pretty hard to cheat or maybe you as facilitator could count one person twice or someone in the group raised two hands. Also, this boardroom is with limited people (represents a centralized system where there are high chances that votes of individuals are influenced by the HYPO ?higher paid-person opinion in the group?) and votes are not anonymous ? everyone knows who voted for what.  
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Proof of Accumulated Stakes: A Stake-Based Blockchain Voting Consensus Protocol Proof of Accumulated Stakes: A Stake-Based Blockchain Voting Consensus Protocol
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Consensus (SEN) adds first mining pools Consensus (SEN) adds first mining pools
January 10, 2019 8:52 PM Happy New Year to the whole Consensus community! The Consensus team is excited to be back to work in what will be an exciting 2019. We look forward to working with you, and for you, in the coming 12 months. Before we get into our updates, some house keeping. Moving forward all updates will be numbered so it?s easier for everyone to stay current on what?s happening at Consensus. This will be update #1, the following will be #2, and, as per the laws of chronology, the next will be #3, and so forth. If you have any questions or comments about the project or something you?ve read here, please don?t hesitate to reach out to us in our Telegram group.
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Go Go Go Consensus protocol Go Go Go Consensus protocol
January 09, 2019 12:20 PM Subscribe to updates for Ethereum Classic (ETC) 51% attack via email and/or text message. Whenever an update is posted, you'll receive a notification.
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NEO Developers Announce Upcoming Consensus Algorithm Improvements NEO Developers Announce Upcoming Consensus Algorithm Improvements
January 09, 2019 12:16 AM Every cryptocurrency project needs to constantly grow and evolve to remain relevant. That unwritten rule applies as much to Bitcoin as it does to any other alternate cryptocurrency on the market. The NEO developers are currently in the process of building an improved consensus algorithm. In doing so, the popular altcoin prepares for future developments. People who are familiar with the NEO cryptocurrency will be aware of its technical specifications. More specifically, the altcoin uses a consensus algorithm known as dBFT, or Delegated Byzantine Fault Tolerance. While there is nothing wrong with this technology on paper, it is far from a perfect solution. One could argue there is no such thing as a perfect consensus algorithm at this time, which means constant updates are even more crucial.
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Bankers Against Bitcoin Protest Staged Outside Consensus 2018 Bankers Against Bitcoin Protest Staged Outside Consensus 2018
January 08, 2019 8:18 PM Bankers were out in full force protesting against bitcoin outside of Consensus 2018 in New York City this Monday. In a number of placards, bankers show displeasure at constant criticisms of the world?s biggest bank by market capitalization: Some $25 billion of taxpayers? money was used in 2008 to bail out Wells Fargo, but the bank has now reached the stage where ?the U.S. Federal Reserve Bank barred Wells Fargo from growing its asset base any further, based upon years of misconduct.? One such misconduct includes ?the creation of over 2 million fake bank accounts by Wells Fargo employees.? Protesting bankers say that was by accident.
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Distributed consensus: PoW vs PoS Distributed consensus: PoW vs PoS
January 08, 2019 8:14 PM Proof-of-work (PoW) and proof-of-stake (PoS) are the two main types of consensus algorithms used by most blockchain-based cryptocurrency platforms to verify transactions. Digital currency transactions are broadcasted on a blockchain network, which usually consists of a large number of computing machines and an immutable distributed ledger. The distributed ledger is referred to as a blockchain, and it contains a permanent record of all transactions that have been successfully processed on a cryptocurrency network. In order to verify a transaction, the full-node operators of a cryptoasset platform have to come to a consensus regarding the authenticity of a transaction. Sets of transactions, or multiple transactions, are grouped into blocks and all the nodes participating in a cryptocurrency network compete for a chance to validate each block.
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NEO Network Decentralization Process Initiates City Of Zion Consensus Node Is Running Smoothly | Oracle Times NEO Network Decentralization Process Initiates   City Of Zion Consensus Node Is Running Smoothly | Oracle Times
January 08, 2019 8:01 PM The process of decentralizing the NEO network has been initiated with the election of a City of Zion consensus node onto the NEO MainNet. City of Zion is an independent group of open source developers, translators, and designers that aim to support the NEO ecosystem and core. The City of Zion consensus node has been working flawlessly on the NEO TestNet for half a year before the election. There are more independent consensus nodes that are also running on the TestNet, and they are supposed to be voted by the end of the year. NEO entered the era of decentralization!https://t.co/JOA7UibNnU ? NEO Smart Economy (@NEO_Blockchain) July 4, 2018
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