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What is fault proofs? fault proofs news, fault proofs meaning, fault proofs definition - Blockchain.News
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fault proofs

Optimism (OP) Announces Critical Fault Proof Upgrade Impacting Bridges and Exchanges

Optimism (OP) Announces Critical Fault Proof Upgrade Impacting Bridges and Exchanges

Optimism introduces major updates to Fault Proofs, affecting withdrawal processes for bridges and exchanges on OP Mainnet and OP Sepolia.

Canada’s Central Bank Digital Currency Won't Include Zero-Knowledge-Proofs

Canada’s Central Bank Digital Currency Won't Include Zero-Knowledge-Proofs

Bank of Canada researchers do not feel that the current state of zero-knowledge-proofs is mature enough to be integrated into their development plans for a Central Bank Digital Currency (CBDC).

Hedera Hashgraph Chief Scientist Dr. Leemon Baird—Defeating the Byzantine Generals and Bringing a Layer of Trust to the Internet

Hedera Hashgraph Chief Scientist Dr. Leemon Baird—Defeating the Byzantine Generals and Bringing a Layer of Trust to the Internet

In our exclusive interview with Hedera’s Chief Scientist and Co-Founder Dr. Leemon Baird, Blockchain.News gets the details on how Hedera Hashgraph achieves Asynchronous Byzantine Fault Tolerance, the growing Hedera Governing Council and the use of the Hedera Hashgraph DLT to prevent coupon fraud.

Is Ethereum's Move to PoS Really an Upgrade?

Is Ethereum's Move to PoS Really an Upgrade?

Proof-of-Work is a solution to the Byzantine Generals' Problem. Ethereum's move to PoS looks more like a downgrade into previous solutions that Satoshi Nakamoto tried to avoid.

Cambridge Report: 77% of Enterprise Blockchains Are Not 'Truly Transformational'

Cambridge Report: 77% of Enterprise Blockchains Are Not 'Truly Transformational'

Following on from its initial 2017 Global Blockchain Benchmarking Study, the new study underlines the significant changes in the industry landscape since the initial version. According to the findings, the new report states, “Two years ago, the industry landscape was mostly dominated by half-hearted experiments and short-lived proofs-of-concept – often announced with great fanfare and publicity – the hype has gradually given way to genuine development of sustainable blockchain networks that are increasingly being deployed in production environments.”

Sharding, pBFT and Linear Scalability - An Interview with Saiba Kataruka at Zilliqa

Sharding, pBFT and Linear Scalability - An Interview with Saiba Kataruka at Zilliqa

Saiba Kataruka is the Developer Market Lead at Zilliqa. He began his career as a consultant with IBM in the payment technology field for Asia and Europe. He joined Zilliqa based on his belief that blockchain and decentralization can improve the current social and financial structure.

Feeling Left Out? EU Establishes Approximately €400m Blockchain & AI Fund

Feeling Left Out? EU Establishes Approximately €400m Blockchain & AI Fund

The European Commission and European Investment Fund (EIF) have launched a €2B fund to be invested in fundamental technologies. Nearly €300-€400M will be invested in blockchain and artificial intelligence (AI) amid fears that China and the US are setting a precedent in these areas.

Exclusive from Hedera Hashgraph CEO: Hashgraph is BFT, Blockchains are not

Exclusive from Hedera Hashgraph CEO: Hashgraph is BFT, Blockchains are not

In this second part of our exclusive interview with Mance Harmon, CEO and Co-Founder of Hedera Hashgraph, we discuss the Hashgraph’s unique consensus mechanism, Hedera Hashgraph 2.0 and why the hashgraph is ACID compliant while blockchains are not.

McAfee's Ghostcoin Gets Backing as Payment in Hong Kong

McAfee's Ghostcoin Gets Backing as Payment in Hong Kong

John McAfee's Ghostcoin gets backing for use as a payment coin in Hong Kong across 60 vending machines including Disneyland.

Why the proof-of-work chain is a solution to the Byzantine Generals' Problem

Why the proof-of-work chain is a solution to the Byzantine Generals' Problem

Why the proof-of-work chain is a solution to the Byzantine Generals' Problem

Charles Hoskinson Proposes Solution to Fix Twitter’s Problem, Taking Digital Identity to the Blockchain Age

Charles Hoskinson Proposes Solution to Fix Twitter’s Problem, Taking Digital Identity to the Blockchain Age

With the recent Twitter hack, implicating individuals including Elon Musk, Bill Gates, Joe Biden, and a few others, Cardano founder Charles Hoskinson spoke about the issue in his most recent Whiteboard video.

Blockchain Startup Developed Solution to Crypto's Irreversible Transaction Problem

Blockchain Startup Developed Solution to Crypto's Irreversible Transaction Problem

An Israeli startup has developed a new technology that could prevent the loss of funds caused by human error when sending Bitcoins or other digital assets. The mistake is common as wallet addresses are represented by a unique and random string of alphanumeric characters.

Bank of Canada Says CBDCs Have Inherent Risks in New Study

Bank of Canada Says CBDCs Have Inherent Risks in New Study

A new report released by the Bank of Canada has revealed that the bank believes Central Bank Digital Currencies can pose security risks to users

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