Amazon’s new blockchain proof of work patent could bring in key improvements in the consensus algorithm

Proof Work algorithm, used in famous cryptocurrencies like Bitcoin and Ethereum could be made more efficient, as the high energy consumption shows. A new Amazon blockchain proof of work patent could change that.

Qtum Blockchain Partners with Amazon in the Chinese Market

Amazon Web Services’ (AWS) China division has entered into a pact with public blockchain project Qtum. The partnership sees the widely popular cloud computing firm partnering with a cryptocurrency technology company with a $325 million market capitalization, making it the…