ConsenSys co-founder Andrew Keys published an optimistic set of predictions for Ethereum in 2020, but others disagree with his assessments.
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
- 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...
- Analysis
by Julia Magas
Forgoing crypto’s main principles, proof-of-authority is used by world giants and tech companies for better efficiency and scalability.
- News
Switzerland’s main stock exchange SIX has listed a Tezos-based exchange-traded product that enables investors to generate passive income.
- News
CasperLabs announces “Highway,” reportedly the first correct-by-construction Casper proof of stake implementation that is provably live and safe.
- News
Binance’s latest research report has argued that with Ethereum’s pending switch to proof-of-stake in January, staking is set to have a major impact on the indus...
- News
by Helen Partz
In order to become a validator on the Ethereum 2.0, one is required to maintain 32 Ether, worth of $5,300 at publishing time.
- News
by Helen Partz
Qtum has gone though its first-ever hard fork today, unlocking major significant network improvements.
- News
Digital asset financial services firm BitGo launches a new staking service for the clients who store their assets with its qualified custodian subsidiary BitGo ...
- News
Major cryptocurrency exchange Binance has become the highest-ranked “Super Representative” in the Tron ecosystem.
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