Coinatory

The long-awaited update of the Ethereum, Constantinople, was postponed after the developers discovered the critical code vulnerability of one of the planned changes. On January 15, ChainSecurity reported that the EIP-1283 protocol, which was proposed to improve ways to monetize changes to stored data, could provide a loophole for intruders and lead to theft of user funds. Given this, the developers of Ethereum and related projects decided to temporarily put off hardfork in order to properly evaluate the problem and solve it. Among the participants of the meeting were the creator of Ethereum Vitalik Buterin, developers Hudson Jameson, Nick Johnson and Evan Van Ness, as well as product manager for Parity, Afri Shedon. The new date of ... Read more about " Constantinople update postponed. Again. " on coinatory.com

Ryan Taylor said that despite the fall in the cryptocurrency market, his team has sufficient funds to support the solvency of the Dash coin. Thus, the businessman denied rumors about his company"s intention to stop financing Dash projects and fulfilling obligations to the digital asset holders. A statement from Taylor, published on the Dash Core Group blog, states: In short, DCG is not at risk of shutting down anytime soon, or of any significant cuts in staffing levels in the near term. We have a significant buffer in place to withstand the impact of the market bottom, whenever that comes.  According to Taylor, the crypto market was under strong pressure after hardfork in the Bitcoin Cash network, as a result of which ... Read more about " CEO of DCG assured investors of the reliability of Dash " on coinatory.com

This article is about Bitcoin Cash, the fake Bitcoin and huge-scale scam that doesn"t even have the certain ticker - is it BCC or BCH? I"ll call it BCH as it seems to be more common. For the first time in November, the BCH price went up. I cannot say that it was unexpected - rather the opposite, quite predictable, given the events since the end of August. How does the situation develop for the market in the future and what are the options of the situation? Turns out if you start a coin by hard fork without consensus, precedent is to hard fork without consensus Aaron van Wirdum The Beginning With the beginning of a big cooling of the market in January 2018, the interests of the three accomplices who created their own “pocket b ... Read more about " Bitcoin Cash, The Fake Bitcoin: what to expect from the upcoming hardfork? " on coinatory.com

Here goes another chapter of ASIC wars. This time, Sia is under attack and is striking back with the v1.3.6 hardfork. This hardfork will reset Sia"s Proof-of-Work function. This will make ASICs by Bitmain and Innosilicon useless. The whole story started with the Bitmain that announced their ASIC miner for Sia network just 10 days before shipping. That was the announcement that almost caused the civil war in Sia community. Why? In June 2017, we announced that Sia would be pursuing ASICs, and that Nebulous (parent company of Sia) would be sp ... Read more about " Sia: ASIC wars, bricking the Bitmain and Innosilicon ASICs " on coinatory.com

Ethereum is testing a network update that includes code optimization, improved scaling, pricing, data processing, and a reduction in the award of miners to 2 ETH. August 31, was completed the development of a new package of system-wide updates Constantinople, which is actually a hardfork. It consists of five proposals for improving the Ethereum (EIP). Most of them are aimed at improving the quality of the platform and helping developers of smart contracts and applications, but for ordinary users, they will be almost insensible. However, ... Read more about " Ethereum update Constantinople will reduce the reward of the miners by 33% " on coinatory.com

The altcoin team did not reimburse the trading platform for the losses it incurred because of the attack on the network of this bitcoin fork. The BTG markets (BTC-BTG, ETH-BTG and USDT-BTG) will be delisted and removed on September 14th, 2018 The Bittrex Exchange will remove the opportunity to trade with the Bitcoin Gold coin on September 14. The company explained this by saying that the developers of the altcoin refused to compensate for the loss of the trading platform that it suffered as a result of the attack on the coin ... Read more about " Bitcoin Gold to be delisted by Bittrex " on coinatory.com

Bitcoin Cash was created just a little over a year ago as a result of a hard fork amid a heated debate over the scaling of the original bitcoin. Gradually among fork developers began to grow disagreement over the further development of Bitcoin Cash. The recently released Bitcoin ABC client release was perceived by some representatives of the crypto community as the beginning of a real war in the development environment. However, some representatives of the Bitcoin Cash community categorically do not support these changes. Another ... Read more about " Conflict among Bitcoin Cash developers can split the cryptocurrency " on coinatory.com

An important hard fork of the Ethereum network called Constantinople, which is the second phase of the implementation of the Byzantium update, will be launched on October 30. As the developers note, Constantinople will increase efficiency and reduce transaction fees in the network Ethereum. Constantinople should lead to a higher level of scalability of the Ethereum network before sharding and Casper are gradually introduced. The Constantinople hard fork is one of two steps aimed at smoothing the transition from the consensus PoW ... Read more about " Ethereum: Constantinople hard fork date revealed " on coinatory.com

The Bank for International Settlements (BIS) published a report in which the financiers went through the cryptocurrencies and explained why bitcoin is technically not yet ready to become a world currency. In the sections "Cryptocurrencies: what will happen after the HYIP?" And "Illusory promise of decentralized trust", experts told that even now, when cryptocurrencies are in the wake of global popularity, new digital money simply can not compete with other financial instruments. Bank experts say that bitcoin and similar coins suffer from "a ... Read more about " BIS: Cryptocurrencies can stop the Internet " on coinatory.com

How the creators of cryptocurrency struggle with the manufacturers of ASIC chips, designed to make a quick earning of digital money, and what problems arise in this case. Specialized processors (ASIC), bring their developers billions of dollars. However, their use has split the crypto community. Why does this technology cause rejection among ordinary members of the crypto community and the founders of cryptocurrencies? Application of ASIC for mining allows receiving higher incomes in the cryptocurrency for each dollar invested. But the ... Read more about " Crypto wars. ASIC resistance " on coinatory.com

Cryptocurrency and blockchain technology passes through various technological stages of development - hard fork is one of such stages. When it comes to hard fork, it is due to the split of the existing blockchain protocol or the recognition that the blocks of the old chain are recognized as invalid at some point. This process requires the participation of nodes or software updates to a new version. As a rule, the emergence of a new fork of the network leads to an increase in the cost of the main cryptocurrency, from which the new branch ... Read more about " Forking June! Six upcoming hard forks " on coinatory.com

Anonymity-focused cryptocurrency Verge (XVG) lost 25% of its value April 4 as news surfaced of an apparent hack which developers ‘resolved’ by accidentally initiating a hard fork. According to various press and social media sources, including Verge developer known as Sunerok, a bug allowed manipulation of block mining timestamps. This created the potential for illegitimate coins to appear from nowhere. “There"s currently a >51% attack going on on XVG which exploits a bug in retargeting in the XVG code,” Suprnova mining pool’s OCminer re ... Read more about " Cryptocurrency Verge Responds To Hacking Claims By Launching ‘Accidental Hard Fork’ " on coinatory.com