Ethereum 2.0 Deposit Agreement to Launch This Week: ConsenSys dev

[ad_2][ad_1] ConsenSys developer Ben Edgington has released an update that predicts the genesis of the ETH 2.0 beacon chain will occur within the next six to eight weeks. In a post announcing the launch of “V1.0.0 release candidate 0”, Edgington revealed that the Protocol Depository Agreement address functionality is expected …

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Cardano and Litecoin explore cross-chain communication

[ad_2][ad_1] Source: Phongphan – Shutterstock Cardano and Litecoin are studying a new cooperation to establish cross-chain communications, compatibility with smart contracts and greater scalability. This could be made possible by a so-called “velvet fork”, but further investigation needs to be completed first. As Crypto News Flash has already reported, Cardano …

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Filecoin creator denies strike allegations

[ad_2][ad_1] Juan Benet, the creator of the Filecoin blockchain-based data storage platform, has called allegations that the miners of his token have been on strike since last week “nonsense”. According to a report by 8btc.com, five of Filecoin’s largest miners have shut down thousands of platforms to protest the platform’s …

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Japanese payment firm JCB and Mizuho Bank test blockchain-based ID

[ad_2][ad_1] Major financial institutions in Japan are moving to blockchain to simplify digital identity systems. Japan’s third largest bank, Mizuho Bank, and local payments giant JCB are preparing to experiment with a blockchain-based digital identity interoperability system. The new system will use a blockchain solution developed by Fujitsu Laboratories, Fujitsu …

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This blockchain only requires 22 KB of data to be verified

[ad_2][ad_1] Mina aspires to be the smallest blockchain in the world, stating that its protocol maintains a constant size of around 22 kilobytes. This is apparently achieved using recursive zk-SNARKs, the same technology used by the privacy-focused cryptocurrency Zcash (ZEC). However, while the latter uses this technology to provide more …

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