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What is verifiable random beacon service? verifiable random beacon service news, verifiable random beacon service meaning, verifiable random beacon service definition - Blockchain.News
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verifiable random beacon service

Blockchain-Powered Satellite Contributes to Ethereum Scaling

Blockchain-Powered Satellite Contributes to Ethereum Scaling

Cryptosat, a blockchain-powered satellite orbiting Earth, has contributed entropy to the Ethereum KZG ceremony from space. The satellite's Verifiable Random Beacon service generated the entropy, which was signed by the satellite itself and can be verified using the public key of Crypto2. This contribution will strengthen the security of the next version of Ethereum, which is scheduled for an upgrade on April 12.

Ethereum Price Set to See Higher Gains as ETH 2.0 Beacon Chain Genesis Expected Soon

Ethereum Price Set to See Higher Gains as ETH 2.0 Beacon Chain Genesis Expected Soon

As the ETH 2.0 beacon chain genesis is coming to fruition soon, it could be a catalyst for Ethereum’s price surge. Here's why.

Exclusive: How to Ensure Random Numbers in Public Blockchain?

Exclusive: How to Ensure Random Numbers in Public Blockchain?

Following Part 1 of our interview, Jing Chen of Algorand further teaches our readers on how to ensure the randomness of a number in public blockchain! She also evaluates the existing Proof-of-Stake (POS) protocols: Delegated VS Bonded VS Pure POS!

Vitalik Buterin Explains What’s Next for Ethereum after the ETH 2.0 Beacon Chain Launch

Vitalik Buterin Explains What’s Next for Ethereum after the ETH 2.0 Beacon Chain Launch

Ethereum 2.0 Phase 0, also known as the blockchain’s Beacon chain, was launched on Dec. 1. What's next for Ethereum after the launch?

South Korea’s Largest Bank Reveals Crypto Custody Service Filing and Potentially Even More Crypto Services to Come

South Korea’s Largest Bank Reveals Crypto Custody Service Filing and Potentially Even More Crypto Services to Come

The largest bank in South Korea, KB Kookmin Bank has revealed its filing of a trademark application for KB Digital Asset Custody (KBDAC), its crypto custody service.

Dock Launches Mainnet For The Creation of Verifiable Credentials

Dock Launches Mainnet For The Creation of Verifiable Credentials

In just a few days, Dock will be introducing its mainnet with the aim to solve many of today’s issues with digital credentials. Scheduled for September 30, 2020, the mainnet launch is the culmination of years of collaboration, hard work, and testing that brings to the market a bespoke credential issuing and verification platform.

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.

What Is Chainlink?

What Is Chainlink?

The Chainlink network has made a name for itself by providing reliable tamper-proof data for complex smart contracts on any blockchain.

Exclusive: How Significant is Consensus As-a-service Model?

Exclusive: How Significant is Consensus As-a-service Model?

While Amazon and Microsoft launched Blockchain as-a-service (BaaS) platform in 1H 2019, Hedera Hashgraph collaborated with IBM to launch consensus as-a-service model! Is this the next upcoming tech trend for giants to follow?

China’s Blockchain Service Network Unveils New International English-Based Website

China’s Blockchain Service Network Unveils New International English-Based Website

China's Blockchain Service Network, introduced in early 2020, has launched an official international website.

Coincover Sets Eyes on Crypto-based Insurance Service

Coincover Sets Eyes on Crypto-based Insurance Service

Coincover, a Cardiff based start-up in the United Kingdom, has gone a notch higher by introducing a crypto-based insurance service. The primary objective of this move is deterring asset loss and theft in the cryptocurrency space.

Thailand Finance Ministry Eyes Blockchain Technology to Revamp Service Delivery

Thailand Finance Ministry Eyes Blockchain Technology to Revamp Service Delivery

Uttama Savanayana, Thailand’s Finance Minister, has revealed that his ministry wants to use blockchain technology for system upgrades intended for optimal service delivery to citizens.

Coinbase Sold its Blockchain Based Data Analytics Software to the US Secret Service

Coinbase Sold its Blockchain Based Data Analytics Software to the US Secret Service

Cryptocurrency exchange Coinbase has sold its blockchain-based data analytics software to the United States Secret Service. The analytics software was made available to the secret service in a contract worth $183,750 and billed to span through May 9, 2024.

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