Back in 2015 DFinity made the community extremely excited with their design of a randomness beacon that was leveraging BLS threshold signatures to produce a randomness output that is both unbiasable and unpredictable. As of 2020 building an unbiasable and unpredictable randomness beaco...
The inflation rate on the EOS network has been reduced to just 1% after the EOS community proposed and approved the change in a historic vote. While Brendan Blumer, the CEO of EOS parent company Block.one, celebrated the move as a testament to the network's governance, many criticiz...
A decentralized exchange aggregator has alleged that Fulcrum, the company behind the bZx exchange, has been aware of vulnerabilities in its code at least a month before it suffered two consecutive hacks that drained $2.5 million from its funds. bZx, an Ethereum-based lending project from Fu...
Today, November 24, 2019, marks the official release of Bitcoin Core 0.19.0, the 19th major release of Bitcoin’s original software client launched by Satoshi Nakamoto almost 11 years ago and still the dominant Bitcoin implementation on the network today. (Though due to an issue that came ...
More than 10 years living in the world of Bitcoin has shown us that there is a long road ahead for Bitcoin developers, and BIP 324, created in March 2019, could be the next important step on that road. The BIP was authored by Switzerland-based Bitcoin developer and cofounder of Shi...
Bytom blockchain is a blockchain project dedicated to bridging the atomic world and the byte world. Since its mainnet launch in April 2018, Bytom has made tremendous progress in implementing its application in real life, especially when it came to 2019. This May, Bytom has released the B...
Vitalik Buterin, the creator of Ethereum, stated that ETF 2.0 is coming soon as the specification of ETF 2.0 has been written. At the Global Blockchain Summit 2019 ongoing in Shanghai, the founder of Ethereum addresses a speech titled “Developments in the blockchain space tha...
This article is translated from “Bystack：寻找杀手级“资产”（上）” written by Qianli Ma, COO of Bytom, a Chinese star blockchain project aiming to connect the atomic world and the crypto world. "Seeking killer apps", a widespread slogan among blockchain pioneers. Like sword of D...
Preface Bytom blockchain has recently released BaaS (Blockchain as a Service) platform Bystack, which includes the sidechain consensus algorithm BBFT (Bystack Byzantine Fault Tolerance). This article will elaborate on the problems that BBFT addresses and analyze the major diff...
BBFT: a Hierarchical Byzantine Fault Tolerant Consensus Algorithm ByStack Team v1.0 1 Introduction Consensus is the process applied by nodes to reach final agreement on network states. Byzantine fault tolerant (BFT) consensuses are considered well suited for permission-ed ...
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