Cryptocurrency PIVX denies allegations that its blockchain was vulnerable to a bug, as consulting firm Lunar Digital Assets had claimed.
Proof-of-Stake News
Proof-of-Stake is a consensus algorithm of public blockchains that operates depending on a validator’s stake in the network. The creator of the next block in the network is chosen by a random selection, but with taking the wealth of the user into account while choosing. Sometimes, the network also considers the age of an assets held by the potential creator. Proof-of-Stake, along with Proof-of-Work, is one of the most popular consensus algorithms for cryptocurrencies. Proof-of-Stake vs Proof-of-Work shows smaller centralization risks, more security and energy efficiency. POS is also often used in combination with POW, which allows the network to maintain some functions with one algorithm and some with the other. Famous examples of Proof-of-Stake coins are Cardano, Dash and QTUM. There are also plans of implementing proof-of-stake into the Ethereum blockchain.
- News
- Analysis
The top crypto staking projects — including Tron, EOS, VeChain, NEM and Neo — according to a report by INDX, evaluated by expected yield...
- News
The development team behind proof-of-stake blockchain Solana received $20 million in funding.
- Explained
A closer look at EOS Block Producers: What they are, their function and how to become one.
- News
An Ethereum 2.0 Proof-of-Stake testnet beacon blockchain is now live.
- News
by Helen Partz
Code specifications for the first Ethereum transition phase to PoS could be prepared by the end of June.
- News
Ethereum co-founder Vitalik Buterin proposed a higher staking reward for the upcoming proof-of-stake algorithm implementation.
- News
Coinbase says increasing features will appear in its new offering, targeting Proof-of-Stake cryptocurrencies.
- Analysis
by Julia Magas
Security, scalability, decentralization: What will the first proof-of-stake blockchain by MIT look like and why might it become a threat to Ethereum?
- News
Staked, a startup aiming to make staking on PoS blockchains easier for institutional investors, raised $4.5 million from Pantera Capital, Coinbase and others.
- Opinion
by Guest Author
Blockchain technology is facing a serious scalability issue, and solving it might not be as easy as some think.
- Sponsored
by Maria Yavuz
A project is intended to make blockchain more easy-to-use and flexible for regular users and developers.
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