Bitcoin Magazine
2018-04-28 14:58:35

Bitcoin Magazine’s Week in Review: A Long Road of Growth

The financial sector is seeing growing interest in cryptocurrency that has resulted in more and faster adoption according to the latest survey by Thomas Reuters. That news will certainly bolster the objectives in the Middle East where Dubai aims to be the first blockchain powered city. It is also reflective of the hype surrounding EOS as more than 50 companies are competing for 21 supernodes.But before there was all of these cryptocurrency projects, there were the cypherpunks. In a special feature, we look at the accomplishments of Dr. David Chaum and what has resulted from his early papers on encrypted communication. Featured stories by Colin Harper, Giulio Prisco, Jessie Willms, Aaron van Wirdum and Bitcoin Schmitcoin.Stay on top of the best stories in the bitcoin, blockchain and cryptocurrency industry. Subscribe to our newsletter here.EOS Hype Builds as Over 50 Candidates Vie for 21 SupernodesEOS is scheduled to migrate from the Ethereum network to its own on June 2, 2018, and candidates are excitedly vying for one of 21 supernodes that will support this new mainnet. A mixture of big and little fish, the candidate pool includes upward of 50 different organizations, an overwhelming number of candidates competing for the coveted supernodes come from Chinese organizations.These 21 supernodes operate as part of EOS’s delegated proof-of-stake (DPoS) consensus mechanism. In order to keep block producers h...