New research from Coin Metrics found that 51% and 34% attacks on Bitcoin and Ethereum are no longer possible from nation-state attackers if their goal was to destroy the blockchains.
Proof-of-Stake News
Proof-of-stake (PoS) is a consensus mechanism in blockchain networks, serving as an energy-efficient alternative to proof-of-work (PoW). In PoS, validators are chosen to create new blocks and validate transactions based on the number of coins they hold and are willing to “stake” as collateral.
Unlike PoW, which requires significant computational power, PoS relies on the concept of economic security, incentivizing participants to act honestly to protect their investments. Validators are rewarded with transaction fees and newly minted coins, promoting network security and efficiency.
In 2022, Ethereum transitioned to a proof-of-stake mechanism, prioritizing enhanced security, reduced energy consumption and improved scalability for implementing new solutions, contrasting with the earlier proof-of-work architecture.
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The restaking protocol’s TVL is up 307% during the past month following the temporary removal of its staking cap.
3796Amid growing staking demand, the price of Ether has made significant strides, reaching a new yearly high above $2,800.
27896The lack of selling pressure from miners will be one of the main catalysts boosting ETH's price to unprecedented highs in the current bull cycle.
9459EigenLayer’s TVL surged 43% after the protocol announced it had removed its staking caps for the next three days.
4689Solo Ether staking from home could cost upward of $70,000 but could help make Ethereum more valuable in the long run.
15397Offline staking lets users securely earn rewards by participating in blockchain networks while keeping their cryptocurrency assets offline.
The Ethereum co-founder recently wrote that the network has gotten away from its founding principles.
2041The Fantom Foundation expects the changes will beef up Fantom’s security without slowing down the network.
2544Ethereum co-founder Vitalik Buterin declares that the role of single slot finality is the most straightforward approach to tackling the majority of shortcomings in the Ethereum PoS design.
13510The Ethereum co-founder suggested reducing validator signatures to lighten the load and make predicting future loads more accurate.
6874By simplifying the complexity of DeFi and making it more accessible to a broader user base, DeFi protocols can pave the way for a more inclusive and efficient decentralized financial ecosystem.
23883Liquid staking has gained popularity among Ethereum users, but concerns about centralization remain.
15543The POSA updated its staking principles to say that providers should communicate clearly and not control the amount of liquidity a user must provide.
2460Staking has taken the layer-1 world by storm — especially for newly launched blockchains like LUKSO. Liquid staking offers greater speed, simplicity, flexibility and control.
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