Follow up
Cointelegraph examines the basis of Congress calling out the IRS for threatening to tax proof-of-stake rewards beyond their actual value.
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PoS News
Proof-of-stake (PoS) is a type of consensus algorithm of a cryptocurrency’s blockchain network. In a PoS cryptocurrency, block creators are chosen by random selection with the consideration of the user’s wealth in the network and, sometimes, the age of his assets that is often referred to as the “coin age.” Unlike proof-of-work (PoW), miners of PoS cryptocurrencies must have some coins to continue mining. PoS blockchains are much more energy efficient than PoW blockchains and are more engaging in the accumulation of wealth. Bitcoin enthusiasts sometimes offer PoS as an alternative to PoW that might be implemented in Bitcoin’s blockchain. PoS for Bitcoin may be implemented as a hybrid of PoW and PoS to engage people with less powerful computers in the network. Famous examples of PoS cryptocurrencies are DASH, NEO and Stratis.
- Opinion
DAGs present an encouraging approach, aimed to improve the existing speed, scalability and cost issues of blockchain technology.
4240 - Opinion
In the emerging global crypto economy, crypto mining is probably going to remain and even become more profitable in the upcoming years.
17980 - News
After the somewhat imperfect launch of the Medalla Eth 2.0 testnet, developers discuss what initially went wrong.
7789 - News
Several of the more crypto-forward members of Congress have asked the IRS to sharpen up its guidance on taxing staking rewards.
9052 - News
Glassnode states that over 90% of the Ether token supply was bought at a lower price than that at which it's currently trading.
3468 - News
Ethereum classic was attacked? ETC network briefly goes down for maintenance, diagnosis report explains what happened.
26256 - Opinion
Blockchain technology has the potential to create a new era of gaming and drive true adoption in the industry.
12975 - Analysis
The price of Ether has hit a new yearly high at $322, as three key factors appear to be catalyzing the rally.
50590 - Opinion
Blockchain interoperability has a big goal: to empower developers to choose what’s right for their application, not what is right for the platform they’re locked into.
5664 - News
The final public testnet for ETH 2.0 aims to launch just two weeks from now.
37460 - News
About 86 million ETH is held on non-exchange wallets containing enough Ether for staking on ETH 2.0.
7482 - News
Over $16 million worth of KNC have been staked within 24 hours of Kyber launching the service.
6552 - News
Ethereum co-founder Vitalik Buterin mentioned looking back at Ethereum’s development.
18406 - News
This Eastern European proof-of-stake upstart believes it has better technology than Cardano, EOS, & Algorand.
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