‘Difficulty Bomb’ Delay of Ethereum isn’t good for the update

Ethereum’s big transition to a more energy-efficient framework that developers have been committing for years could be kicked down the road once again as they intend to postpone a so-called difficulty bomb that is designed to slowly boot miners off the blockchain. A special code that is always been a part of Ethereum, the difficulty…

Alchemy declares support for Solana Web3 apps

Just one day after the Solana network temporarily stopped on June 1, in an announcement published by Alchemy, the Web3 development platform, and infrastructure provider declared its support for the controversial blockchain. Resulted due to a bug that made it impossible to reach network consensus, the Solana blockchain stopped for around four hours on Wednesday….

New York ceases Bitcoin mining for 2 years

In bad news for blockchain and bitcoin lovers, the New York State on Friday passed a bill to cease new permits for specific fossil fuel power plants to be utilized in Bitcoin mining. The move sets up a two-year ban on new permits for crypto mining operations that use proof-of-work (PoW) authentication methods to validate…

NFT

Crypto, blockchain set to take sports industry beyond NFT collectibles

Bitcoin (BTC) has been accredited as the leading blockchain use case, portraying the prowess of the technology in successfully delivering a true and immutable decentralized ledger over the past 13years. Adding to the years of innovations since then – that saw the introduction of non-fungible tokens (NFTs), altcoins, decentralized finance (DeFi), and more, a research…