VeriBlock Foundation Partners With Titan.io to Improve Blockchain Ecosystem Security While Making Bitcoin More Green
Titan.io joins forces with VeriBlock to reinforce the safety of the world’s blockchains by eco-friendly reuse of Bitcoin’s mining energy.
GEORGE TOWN, Cayman Islands, Aug. 20, 2021 /PRNewswire/ — The VeriBlock Foundation, a Cayman Islands nonprofit devoted to selling the event and adoption of VeriBlock®‘s Proof-of-Proof® (PoP®) safety know-how, has partnered with Titan.io, investing of their highly effective software program and companies designed to optimize and decentralize PoW mining at scale.
As a part of the partnership settlement, Titan has endorsed VeriBlock’s Proof-of-Proof protocol, guaranteeing that they may embody at the very least one PoP transaction at any time when their pool mines a Bitcoin block. This considerably will increase the safety VeriBlock gives to blockchains that depend on it for Decentralized, Trustless, Clear, and Permissionless (“DTTP®“) safety backed by Bitcoin.
“We’re excited to accomplice with Titan.io to additional improve the safety and robustness of the VeriBlock ecosystem and look ahead to the altchain PoP mining optimizations this partnership can present,” commented Justin Fisher, CEO and Co-Founding father of VeriBlock. “It is great to work with companions like Titan who perceive the advantages PoP adoption gives to the Bitcoin mining trade.”
The assure of mining swimming pools like Titan.io to at all times embody PoP transactions additional solidifies VeriBlock as a frontrunner within the blockchain security ecosystem.
“The Titan crew has labored arduous to develop North America’s first enterprise-grade Bitcoin mining pool,” mentioned Ryan Condron, CEO and Co-Founding father of Titan.io. “We’re excited to reinforce our Bitcoin mining companies with PoP, not solely to make Bitcoin greener but in addition to extend Bitcoin miner income in a mutually useful manner. We additionally look ahead to exploring future use circumstances with the VeriBlock group as we develop our upcoming protocol, a decentralized peer-to-peer platform for constructing trustless hashpower tokens, DEXs, and different hashpower DeFi merchandise.”
The Titan Mining Pool presents a strong North American various and pathway for Bitcoin/PoW miners to attain the effectivity and scale miners take pleasure in in different areas across the globe whereas introducing a brand new protocol for provable hashpower. The result’s a brand new platform that offers miners higher entry to bigger markets for his or her crypto compute energy, permits others to speculate and purchase/promote this new commodity at diminished danger, and gives extra alternatives for your entire mining trade by monetary derivatives/futures in addition to companies for lending, custody, OTC, and buying and selling.
“Early on, we acknowledged the advantages VeriBlock gives each to Bitcoin miners and the world’s altchain ecosystem,” defined Matthew Roszak, Strategic Investor and Advisor in VeriBlock and Co-Founding father of Titan.io. “We’re all excited to see Titan lead the cost in Bitcoin mining swimming pools formally endorsing this know-how, serving to to harden the cement of your entire ecosystem whereas offering extra worth to Titan miners.”
Concerning the VeriBlock Basis
The VeriBlock Foundation is a Cayman Islands nonprofit dedicated to growing consciousness and adoption of the VeriBlock Blockchain and its Proof-of-Proof (PoP™) safety protocol. VeriBlock inherits safety from Bitcoin in a very Decentralized, Trustless, Clear, and Permissionless (“DTTP®“) method, following the identical attributes that made Bitcoin nice and permits some other blockchain to strengthen their current safety with the complete Proof-of-Work energy of Bitcoin in the identical method. To be taught extra, you may be part of the mission’s Discord or observe them on Twitter.
Titan is a pioneer in creating software program, companies, and the commoditization of hashpower pushed by sensible contracts to assist large-scale Bitcoin mining. Titan’s cutting-edge mining protocol software program, mixed with North America’s first enterprise-grade mining pool opens up new markets and makes mining extra worthwhile and scalable. Titan was fashioned and based in September 2018 by Ryan Condron, Jeff Garzik, and Matthew Roszak. For extra data, please go to Titan.io or observe the corporate on Twitter @Titan_Mining and Telegram.
VeriBlock + TITAN
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SOURCE VeriBlock Basis