Ethereum Foundation Reveals 99% Energy Reduction Plan

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. One of the biggest criticisms leveled against cryptocurrencies is their high energy usage and carbon footprint. However, developers at the Ethereum Foundation have published a proposal for reducing Ether’s energy costs. Danny Ryan, a […]

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ConsenSys Collaborates with Mastercard to Bring Scalability to Ethereum for Private Use

ConsenSys, the Ethereum software company, has announced the launch of ConsenSys Rollups to help the firm address the challenge of scalable applications on Quorum and provide enterprise-grade scalability to leading financial organizations. It is in collaboration with Mastercard that ConsenSys has designed its rollups solution. This new solution is in response to the need for […]

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Former SEC chair Clayton says he’s a ‘huge believer’ in crypto

Jay Clayton says the “efficiency benefits” of crypto in the financial system are vast and that regulations should aim at supporting the technology. Former US Securities and Exchanges Commission (SEC) chairman Jay Clayton believes crypto technology offers “efficiency benefits” that could be immensely valuable to the financial system. “I am a huge believer in this […]

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Reddit To Go Public With IPO — Can It Be Classed as a Meme Stock?

Neither the author, Kingsley Alo, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Reddit announced on Wednesday that it had filed for an initial public offering with U.S. securities regulators. In September, the platform had sought to hire advisors to help facilitate its going public. This signals […]

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