Tagged: proof of authority

Yield App Shares On-Chain Finance Roadmap for Haven1 Network

Yield App has announced its roadmap to incubate Haven1, a Layer 1 and EVM-compatible blockchain that “addresses the industry’s growing demand for secure, on-chain finance through its proof of authority (PoA) consensus mechanism.” Set to launch in 2024, the network is “developed by the highly… Read More

VeChain Foundation Announces Proof of Authority 2.0 Upgrade (Phase 1) on VeChainThor Mainnet

The VeChain Foundation notes that after many months of hard work and dedicated effort, the arrival of Block #10653500 on the VeChainThor mainnet “officially marks the upgrade to PoA 2.0 phase 1 and the first steps towards the full-form of [their] protocol upgrade.” As they… Read More

Researchers at McGill are Reportedly Working on Potential Design for Bank of Canada Virtual Currency or CBDC

The research team at McGill is reportedly collaborating on the potential design for the new Bank of Canada digital currency. Professors Katrin Tinn and Christophe Dubach have jointly proposed a new design for a “cash-like” central bank digital currency or CBDC which will aim to… Read More

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