First two days of Hodlonaut versus Wright trial
Sep 14, 2022
Last Monday, the trial of Hodlonaut versus Wright kicked off in Oslo. Both parties have had a chance to do their opening statement for the court. The first days no doubt were a challenge for the judge, who got lectured about both cryptographic hash functions and Crypto Twitter jargon.
Bitcoin is resisting the mainstream: Hashrate at an all-time high
Sep 14, 2022
Ethereum is going to change its model of how the trust in the network consensus is created fundamentally this week. Proof of stake seems to be the next big thing and many other cryptos already adopted this model because it is easier and cheaper to kickstart a blockchain by selling token allocations and offering proof of stake. Starting with proof of work would require attracting miners who have other options at hand and is eventually also less attractive to venture capital since investment firms take staking into account when making the decision if they invest in early rounds. Bitcoin is resisting this mainstream trend and the hashrate is at an all-time high. How is this possible?
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