Dangers of hosting your own Eth2 node, explained

Allnodes can offer an affordable alternative to doing everything yourself, reducing the risks of financial penalties and slashing. The company offers an intuitive user interface, and two easy-to-understand hosting plans to ensure that customers can make an informed decision. This is coupled with support teams who are online 24/7, all year round, and free node maintenance with instant and unlimited upgrades. Validator keys are given multi-level protection to prevent them from being stolen and lost, and all of this is achieved while ensuring that only users have access to their…

Ethereum flips Bitcoin’s node count

Ethereum 2.0 genesis stakers have pushed the total number of Ethereum nodes past the number of Bitcoin nodes for the second time this year. According to Ethernodes.org, 11,259 Ethereum nodes are currently active, giving it a roughly 1% lead over Bitcoin’s 11,136. Ethereum’s node count last surpassed Bitcoin’s in early September. The number of Ethereum nodes has increased by more than 50% in the past two weeks or so, spiking from 8,086 on Nov. 15 — 11 days after the Eth2 deposit contract went live. Ethereum’s node count overtook Bitcoin’s…

Bitcoin Cash Node emerges as victor of hard fork

The Bitcoin Cash network just went through yet another fork after originally being created as a hard fork from the Bitcoin (BTC) blockchain in August 2017. The hard fork on Nov. 15 split the Bitcoin Cash network into two new blockchains, Bitcoin Cash ABC (BCHA) and Bitcoin Cash Node (BCHN). The main difference between the two is the 8% tax on gross rewards that miners must pay to BCH ABC’s development team. Among the two networks, Bitcoin Cash ABC received very little hash power, while Bitcoin Cash Node obtained the…

Bitcoin Cash Node on track to oust Bitcoin ABC

Bitcoin ABC, the historically dominant implementation of Bitcoin Cash (BCH), appears on the brink of giving way to a community-driven mutiny in the form of Bitcoin Cash Node (BCHN). According to Coin Dance more than 75% of nodes have signaled in favor of BCHN over the past week, while a meager 1% have shown support for ABC. There’s just over ten days left in the race. BCHN nodes mined 84.7% of Bitcoin Cash blocks produced in the last 24 hours, compared to just 1.4% for ABC. Bitcoin Cash Blocks mined…

NASDAQ-Listed MicroStrategy Now Runs a Bitcoin Full Node

The NASDAQ-listed company, MicroStrategy (MSTR), is running a fully validating node, or “full node” for the Bitcoin blockchain, its CEO, Michael Saylor, has revealed.  MicroStrategy Operates a Bitcoin Full Node In a tweet on Oct 30, the outspoken CEO–and a passionate Bitcoin supporter, said the public listed company is doing their part in contributing towards the success of the network. Their node runs the latest Bitcoin core release.  A Bitcoin full node ensures participants read on the same page, guaranteeing the blockchain remains peer-to-peer as envisioned by the founder.  As an autonomous…

BTFS Mainnet Adopted as TRON Node Storage Solution  

As a content-addressable, peer-to-peer storage mechanism, BTFS aims to overcome some of the major limitations of centralized file transfer protocols, like performance bottlenecks, low tolerance, and increased running costs. BitTorrent, the software company behind the massively popular BitTorrent file-sharing protocol, has just announced that the BitTorrent BTFS mainnet will serve as the primary storage solution for nodes running on the TRON network — one of the largest decentralized content sharing ecosystems and decentralized finance (DeFi) platforms.  The BitTorrent file system, or BTFS for short, is a decentralized protocol and next-gen storage solution that…

Penn State set to host its own node for an enterprise blockchain

Penn State, a U.S. university touting more than 40,000 students, has agreed to operate as a signing node for GoChain’s proof-of-reputation, or PoR, blockchain.  Constructed as a fork of the Ethereum blockchain’s code, GoChain is secured by selected entities who run their own nodes, Marie Gonzalez, GoChain’s senior vice president of marketing, told Cointelegraph. GoChain’s blockchain uses a consensus mechanism called PoR, which calls on a set number of approved signing nodes to help run the network. The blockchain aims to eventually function with 50 of these nodes. “We set the…

‘We Are the Cool New Startup’ Says Bitcoin Cash Node

With the Bitcoin Cash community divided once again, supporters of alternative implementation ‘Bitcoin Cash Node’ now believe they have a majority of miners behind them. Supporters of Bitcoin Cash Node or BCHN have rejected Bitcoin ABC’s latest upgrade, which would require miners to donate 8% of all newly minted coins to a development fund from November. One Redditor accused Bitcoin ABC lead developer Amaury Sechet of “choosing to create his own (forked) coin that pays one address 8% of minted funds.” However, Sechet told Cointelegraph he believes that BCHN does…

Hash Watch: Bitcoin Cash Miners Begin Signaling Node Implementations

There’s 88 days left until the Bitcoin Cash upgrade scheduled for November 15, 2020, and the community has been watching miners closely. On August 18, the Bitcoin ABC team published a blog post that revealed a “feature freeze is now in place,” as it contains a new coinbase rule. Moreover, during the last few days, a few groups of bitcoin cash miners have been signaling “Powered by BCHN” in the block’s coinbase parameters. The controversy in Bitcoin Cash land continues, but now most of the conversation is turning to watching…