ETH

Having successfully guessed weakly protected private keys in the Ethereum blockchain, an unknown attacker kidnapped about 45,000 ETH. Wired wrote about this citing a study conducted by the cybersecurity company Independent Security Evaluators (ISE). As stated by Adrian Bednarek, senior security analyst at ISE, the hacker, who was nicknamed Blockchain Bandit, was discovered by accident. Assuming that the combination of characters […]

The platform for trading Bitcoin Paxful will introduce Russian-speaking customer support. This is reported in the press release Paxful. The Paxful project provides a free cryptocurrency wallet and an environment for p2p bitcoin trading. Cryptocurrencies ETH, XMR, LTC, XRP and BCH, as well as national currencies are represented in BTC trading pairs. The security of the system is ensured by two-factor authentication, deposition and the obligatory passing of the KYC procedure […]

The creator of Ethereum, Vitaly Buterin, published on GitHub a proposal on changing the reward scheme to validators after the transition to the second most capitalized cryptocurrency to the Proof-of-Stake consensus mechanism (PoS). According to the formula proposed by Buterin, if PoS-validators, for example, fix 1,000,000 ETH, then the annual yield will be 18.1%. The more assets are fixed for validation, the lower the interest rate. So, […]

A well-known developer from the ETCDEV team, Donald McIntyre, said that the mutual integration of Ethereum Classic with Ethereum would create a truly safe and effective blockchain. He spoke about this in an interview with CryptoGlobe. “ETH can be viewed as a sports car, and ETC as armored. ETH means scaling and performance, and ETC means high cost and security, ”stressed […]