Market Analysis
Meanwhile, the amount staked in Ethereum 2.0 smart contracts reached over 7.75 million ETH.
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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.
- Altcoin Watch
The XTZ price rally, driven largely by Tezos' entry into the NFT space, has ended up painting a classic bearish structure.
16840 - Altcoin Watch
FRONT, ALGO and PRE rallied in excess of 40% as altcoins capitalize on Bitcoin’s range-bound price action.
8075 - Market Update
NEAR, ALGO and CVP notched gains in excess of 37% while the wider market attempts to recover from Tuesday’s sharp correction.
10187 - Use Case
Decentralized social media platform built on the Bitcoin model puts privacy first in its new messenger that can send crypto.
10569 - Market Analysis
Timing the market is near impossible, but these five metrics can help traders identify when a sector rotation is underway.
25868 - Altcoin Watch
The SOL price rally also appeared in the wake of “Ignition,” a global hackathon to build new platforms on the Solana blockchain.
49388 - Altcoin Watch
A rapidly expanding ecosystem, lucrative staking opportunities and support for NFTs back the strong rebound in ZIL price.
13837 - Altcoin Watch
The second-largest cryptocurrency reaches its best levels against Bitcoin and the dollar in more than three months.
26443 - Altcoin Watch
Traders push their SOL/USD bids higher after Solana teases the community with “ignition,” a mysterious feature that will go live on Tuesday.
49087 - Altcoin Watch
SOL price keeps rising as the U.S. securities regulator registered a Solana-centric fund for institutional investors and crypto market data network Pyth announced going live on the Solana blockchain.
48003 - Analysis
The aftereffects of the London upgrade begin to emerge as the Eth2 staking contract becomes the single largest Ether holder.
13018 - Altcoin Watch
To date, 92,595 ETH have been burned following Ethereum's London hard fork upgrade.
21239 - News
InCore Bank has also announced the upcoming launch of Tezos custody, staking and trading services targeting financial institutions.
8189 - Altcoin Watch
Bitcoin and Ether’s upside exhaustion, Cardano’s smart contract FOMO, and an overall boom in the altcoin market have catalyzed ADA’s gains.
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