Category: Centralization
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Ethereum researcher pitches solution to fix centralization woes, eliminate MEV
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ETHEREUM Researcher has clarified a new block proposal solution aimed at adding a democratic character to the process of building central blocks in ETHEREUM currently by implementing a “common random algorithm”. The “decentralized random mass proposal” would take advantage of tolerance with Byzantine errors (BFT) to eliminate the maximum extractive…
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AntPool mines 7 consecutive blocks, ‘centralization trend’ continues
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AntPool, the second-largest Bitcoin (BTC) mining pool, mined seven consecutive blocks on May 17, raising concerns within the cryptocurrency community about the network’s security. This blockchain confirmed 20,686 transactions, resulting in over 23 bitcoins, worth approximately $1.54 million in revenue. The mining spree occurred between block heights 843,898 and 843,904,…
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AntPool mines 7 consecutive blocks, ‘centralization trend’ continues
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AntPool, the second-largest Bitcoin (BTC) mining pool, mined seven consecutive blocks on May 17, raising concerns within the cryptocurrency community about the network’s security. This blockchain confirmed 20,686 transactions, resulting in over 23 bitcoins, worth approximately $1.54 million in revenue. The mining spree occurred between block heights 843,898 and 843,904,…