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Cardano releases milestone Mithril 2 paper; Here’s what it brings

After topping developer activity charts in October, leaving Polkadot (DOT) and Hedera (HBAR) behind, Cardano (ADA) has presented concrete results of these efforts in the form of the newest research paper on its scaling solution Mithril, which it launched on the mainnet in July. As it happens, Input Output Global (IOG) chief technical officer Romain Pellerin has offered a summary covering all the main points of the recently released ‘Mithril 2’ paper, while Cardano founder Charles Hoskinson expressed his pride over the “damn fine work” in his X post on October 31. Mithril 2 is out. I'm very proud of this paper. It's damn fine work https://t.co/wEVB0XspkB pic.twitter.com/AHULGuCMWI — Charles Hoskinson (@IOHK_Charles) October 31, 2023 Mithril 2 innovations According to Pellerin, the paper brings “new cryptographic techniques to prove knowledge of a large dataset without revealing it entirely,” using “efficient and secure” methods. Indeed, the ‘Approximate Lower Boun...

Bitcoin mining brings more than money to this East African country

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A Bitcoin mining project in a remote corner of Malawi, a landlocked country in southeastern Africa, connects more families to the grid while delivering economic empowerment to an impoverished region. A Bitcoin (BTC) mining project that taps into clean, stranded and excess hydro energy in Malawi has picked up steam. The company behind the project, Gridless, shared that there are now “1600 families connected to this remote hydro mini-grid in the mountains of southern Malawi.” 1600 families connected to this remote hydro minigrid in the mountains of southern Malawi. They have 50kW of stranded energy that we are testing out as a new Bitcoin mining site. Videos for context. Still working on venting, wiring, etc. pic.twitter.com/Sxf8ABGPWH — Gridless (@GridlessCompute) January 21, 2023 The project exploits 50 Kilowatt (kW) of stranded energy to test out as a new Bitcoin mining site. Erik Hersman, CEO and co-founder of Gridless, told Cointelegraph that while it’s a brand new mining...