News
Founded in April 2021, the platform raised funds from a plethora of high-profile figures from the crypto and blockchain space.
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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.
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Staking provider Lido was also found to be vulnerable to the bug that has delayed the launch of the Eth2 staking service Rocket Pool.
4519 - Altcoin Watch
The gaming token, which reached $150 in the early UTC hours of Monday, risks correcting below $90 as a key technical indicator identifies its overbought conditions.
14025 - Altcoin Watch
Axie Infinity's price surged to a record high above $118 following the release of a huge airdrop to early supporters and the launch of staking for AXS token.
31757 - Altcoin Watch
The Ethereum block producers accumulated $6.1 billion worth of ETH tokens after the Aug. 5 network upgrade.
13584 - News
Launched in China in 2018, SparkPool controls over 22% of Ether’s hash rate as of Monday, second only to Ethermine.
96871 - Market Analysis
Meanwhile, the amount staked in Ethereum 2.0 smart contracts reached over 7.75 million ETH.
11568 - Altcoin Watch
The XTZ price rally, driven largely by Tezos' entry into the NFT space, has ended up painting a classic bearish structure.
17706 - Altcoin Watch
FRONT, ALGO and PRE rallied in excess of 40% as altcoins capitalize on Bitcoin’s range-bound price action.
8342 - Market Update
NEAR, ALGO and CVP notched gains in excess of 37% while the wider market attempts to recover from Tuesday’s sharp correction.
10841 - Use Case
Decentralized social media platform built on the Bitcoin model puts privacy first in its new messenger that can send crypto.
11076 - Market Analysis
Timing the market is near impossible, but these five metrics can help traders identify when a sector rotation is underway.
26380 - Altcoin Watch
The SOL price rally also appeared in the wake of “Ignition,” a global hackathon to build new platforms on the Solana blockchain.
49730 - Altcoin Watch
A rapidly expanding ecosystem, lucrative staking opportunities and support for NFTs back the strong rebound in ZIL price.
14703 - Altcoin Watch
The second-largest cryptocurrency reaches its best levels against Bitcoin and the dollar in more than three months.
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