Re:Coinbase plans to add $500M worth of crypto to its balanc...
by cinquemb on Monday August 23, 2021 @07:42AM
(#28274418)
> Former top officials seem to have a nose for this. [1]
They must see it all the time with all the rehypothication going on with sovereign paper on clearing house desks (and that's just what they see in their jurisdiction), so what's another "scam" on their resume.
> Regarding speed and efficiency, yes, they principally apply to PoW coins.
There are PoW chains that don't use nakamoto consensus algos…
Re:Coinbase plans to add $500M worth of crypto to its balanc...
by arcticbull on Monday August 23, 2021 @08:00AM
(#28274549)
> There are PoW chains that don't use nakamoto consensus algos…
Curious to learn more if you have some links!
Re:Coinbase plans to add $500M worth of crypto to its balanc...
by cinquemb on Monday August 23, 2021 @08:21AM
(#28274716)
I came across this[0] back in april, still doesn't address state growth (not many do except for the zk only contract capable chains i've seen under dev) but was the first PoW chain not using nakamoto consensus I saw (and I haven't been looking closely for non nakamoto consensus PoW stuff).
[0] https://developer.confluxnetwork.org/docs/introduction/en/co...
> Former acting Comptroller of the Currency Brian Brooks has resigned as the CEO of Binance U.S. after just over three months. He cited “differences over strategic direction.” Meanwhile, Binance is facing regulatory scrutiny worldwide, including in the U.K., Malaysia, Japan, Cayman Islands, Hong Kong, Thailand, Germany, and Lithuania. [editors note: that list has since grown]
> And only really relevant to those that are reliant upon nakamoto consensus…
Regarding speed and efficiency, yes, they principally apply to PoW coins.
[1] https://news.bitcoin.com/binance-us-ceo-steps-down-crypto-ex...