Mining

Bitcoins are not created by a central bank – they are effectively created by the network itself through a computational process called ‘mining‘. Having grown from PCs to purpose built machines, such as ASICs, bitcoin mining is driving innovation in both software and hardware.

Monero to Become First Billion-Dollar Crypto to Implement ‘Bulletproofs’ Tech

A highly anticipated technology designed to make blockchain privacy features more scalable will be tested in the wild soon. Named “bulletproofs,” the tech, which was invented by cryptographers Benedict Bunz and Jonathan Bootle, promises to dramatically decrease the weight of confidential transactions, and on Thursday, Oct. 18, privacy-oriented cryptocurrency monero …

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