About: FBustos

On September 7, two financial representatives of the US government, Michael Barr and Michale Hsu made speeches outlining their views on cryptocurrency legislation. Michael Barr gave his first speech in his new role as vice chair for supervision of the US Federal Reserve Board at the Brookings Institute. Barr talked about his strategies in order […]

With the upcoming Ethereum update known as “the merge”, the cryptocurrency is set to abandon its proof-of-work consensus and adopt proof-of-stake. Meaning that Ethereum will significantly decrease its energy use after the update makes mining the cryptocurrency obsolete. The merge will leave Bitcoin as by far the cryptocurrency with the biggest energy consumption in the […]

In the recent past, Solana blockchain had several issues regarding outages in the blockchain. Today, Solana would have had yet another network outage or congestion problem. However, due to the modifications made by the creators, this did not occur. In the past, the blockchain suffered from slow-speed systems, and even complete outages when it received […]