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.
News
Over $16 million worth of KNC have been staked within 24 hours of Kyber launching the service.
Nearly 6% of Kyber’s Token Supply Staked in One Day
Samuel Haig
2020-07-09T09:48:00+01:00
4861
News
Ethereum co-founder Vitalik Buterin mentioned looking back at Ethereum’s development.
Vitalik: We Underestimated How Long Proof-of-Stake and Sharding Would Take to Complete
Benjamin Pirus
2020-07-03T21:26:00+01:00
17830
News
This Eastern European proof-of-stake upstart believes it has better technology than Cardano, EOS, & Algorand.
This Binance Launchpad Alum Believes It Has Cardano, EOS & Algorand Beat
Michael Kapilkov
2020-07-03T20:30:00+01:00
9534
News
BRD has added Hedera's HBAR coin to its digital asset wallet, in addition to the project's Blockset integration.
Hedera Expands Reach With BRD Wallet Addition
Benjamin Pirus
2020-06-25T21:48:52+01:00
4129
News
Ethereum's blog shows ETH 2.0 still chugging along with developments.
Ethereum Update Indicates 2.0 Still Coming Along
Benjamin Pirus
2020-06-23T19:37:00+01:00
7909
Use Case
It’s no secret that cryptocurrency has a scaling issue, so we look at various ways either proof-of-work or proof-of-stake could be effective.
Proof-of-Work vs. Proof-of-Stake for Scaling Blockchains
Frank Edwood
2020-06-23T12:54:00+01:00
4326
Analysis
The first stage of Ethereum 2.0 is almost here, but how will the DApp and DeFi space adapt to this change?
Ethereum 2.0 Likely to Affect DeFi and DApps With PoS Introduction
António Madeira
2020-06-20T13:30:00+01:00
10890
News
ConsenSys has announced that six top crypto firms will receive early access to its ETH 2.0 staking platform.
Six Crypto Heavyweights Join ETH 2.0 Staking Trial
Samuel Haig
2020-06-17T07:06:00+01:00
11924

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