Block.one has decided to use its stake of almost 10% of the EOS network to vote for block producers, which marks a break in its previous relationship with the b...
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
- Use Case
The proof-of-stake ecosystem continues to refine itself and find creative solutions in pursuit of decentralized consensus — despite the problem’s complexity and...
- In depth
This is the first part of a deep dive into the years-long debate between proponents of proof-of-work and proof-of-stake. Which one is better and why?
- News
The Neo Foundation released more than $11 million in NEO from locked accounts to cover costs for 2020.
- News
by Helen Partz
Huobi Pool, a crypto mining arm of Huobi, says its operating revenues surged 547% in 2019, jumping from $53 million in 2018 to $320 million.
- News
The Steem community is forking away and relaunching the platform under the Hive name, as prominent members refuse to compromise with Tron’s Justin Sun.
- Market Analysis
by Samuel Haig
Centralization of ETH among the 100 largest wallets is growing, signaling that whales are accumulating ahead of Ethereum’s ‘ETH 2.0’ revamp.
- News
Coinbase Custody and Bison Trails have joined the Proof of Stake Alliance, an organization lobbying for better tax and regulatory treatment of staking rewards.
- News
ConsenSys co-founder Andrew Keys published an optimistic set of predictions for Ethereum in 2020, but others disagree with his assessments.
- News
by Dylan Love
The gaming giant will become a block producer on the UOS blockchain, supporting a gaming project called Ultra.
- News
by Helen Partz
Ethereum co-founder Vitalik Buterin has recently published an alternative proposal for an early transition to Ethereum 2.0.
- News
Hardware wallet manufacturer Ledger announced the latest version of its Ledger Live application, adding support for Tezos and Tezos staking.
- News
Italian Society of Authors and Publishers teamed up with Algorand to develop a new ecosystem for copyright management based on blockchain technology.
- Follow up
by Samuel Haig
Block.One’s announced participation in EOS’s block producer elections has reignited concerns regarding the network’s centralization.
- News
The institutional asset custody arm of United States-based crypto exchange Coinbase has announced it is transitioning to an internationally-based staking servic...
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