Opinion
Staking is complicated, but learning the truth behind these four myths will help to increase liquid staking mass adoption.
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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.
- Opinion
Implementation of liquid staking addresses worrisome price fluctuations and helps users to generate higher rewards by combining staking payouts and DApp yield.
4900 - Market Analysis
An ascending triangle setup promises major price rebound in the Ethereum price in 2022.
14798 - News
Core Ethereum developer Preston Van Loon says that the network’s long-awaited transition to proof-of-stake will most likely happen this August.
9120 - Altcoin Watch
SOL price has been repeatedly knocked down by network outages, a shrinking total value locked on the network and futures traders’ disinterest in trading the altcoin.
5416 - News
“Merging Ropsten is a huge testing milestone towards Ethereum’s mainnet merge later this year,” said Preston Van Loon, an Ethereum core developer at Prysmatic Labs.
8275 - News
“Cloudflare is going to participate in the research and development of the core infrastructure that helps keep Ethereum secure, fast, as well as energy-efficient for everyone,” the firm stated.
7256 - News
FTX CEO’s comments on Bitcoin received heavy backlash from the crypto community, with many reminding him of Solana, a PoS network that has gone offline half a dozen times.
7458 - News
The Terra Money Twitter account shared the finer points of Do Kwon’s initial rescue plan: expanding the base pool, burning UST and staking LUNA.
50574 - News
Hardware wallet-based staking offers more security and freedom than staking via software wallets and crypto exchanges, according to the head of Ledger Enterprise.
5582 - Explained
A popular investing strategy for long-term crypto investors, staking pools promise a regular income stream for the tokens staked with certain riders.
138 - Analysis
Environmental and proof-of-stake proponents have been lobbying to change Bitcoin’s mining consensus code, but history tells us why BTC is great the way it is.
5442 - News
The Ocean State’s legislature is looking to tackle the housing shortage and ensure new projects are going green by incentivizing builders with crypto rewards.
1428 - News
The ETH 2.0 deposit contract can only be unblocked after the PoS transition, postponed to the latter half of the year.
7213 - Altcoin Watch
A renewed focus on decentralization, the steady growth of DeFi’s liquid staking sector and investment from institutions could benefit LDO token in the long-term.
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