Valid Points: What to Expect When Ethereum 2 0 Undergoes Its First ‘Hard Fork’

Ethereum’s London update is a hard fork introducing two new Ethereum Improvement Proposals (EIP). With the release of Ethereum 2.0 (Serenity) planned for 2022, the London update made some preparations for a move over to Proof of Stake. Miners have seen a slow down in the increasing difficulty of mining to coincide with Serenity. As… Continue reading Valid Points: What to Expect When Ethereum 2 0 Undergoes Its First ‘Hard Fork’

The New York Times Breaking News, US News, World News and Videos

On the other hand, nodes in hard forks will stop processing the blocks following the addition of new rules whereas soft forks allow upgraded nodes to still communicate with the non-upgraded nodes. A blockchain hard fork is a change in programming that is incompatible with the old programming. Hard forks generally require all nodes or users who… Continue reading The New York Times Breaking News, US News, World News and Videos

What is Process Costing: Definition and Example

When there is no obvious start or finish because the manufacturing process is endlessly repetitive, the management turns to a process costing system to accumulate and allocate manufacturing costs. As opposed to the other costing techniques, process costing is a method where the cost of products is determined on the basis of different levels of… Continue reading What is Process Costing: Definition and Example