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.
Unitize
Cosmos, Polkadot, and Terra have announced “Anchor.”
3 Big Blockchain Companies Teamed Up on a DeFi Product That Pays Passive Income
Felipe Erazo
2020-07-06T23:00:00+01:00
23622
News
Qtum completed a testnet hard fork prior to launching its mainnet hard fork.
Qtum Preps for Mainnet Hard Fork With New Testnet Event
Felipe Erazo
2020-06-29T21:57:00+01:00
5466
Analysis
While being a vital part of the transition to more scalable and secure blockchain, the Ethereum 2.0 upgrade can incur some risks for stakers, holders and trader...
Ethereum 2.0 Should Be Secure and Scalable but Poses Risks for Users
Julia Magas
2020-06-21T07:15:00+01:00
15397
Analysis
Ever since Charles Hoskinson issued an update on “Shelley,” Cardano’s price and community have adopted a bullish mood.
Here Comes ‘Shelley’: ADA Price Excels With Cardano Upgrade Inbound
Shiraz Jagati
2020-06-20T08:00:00+01:00
16335
News
Recent comments from anonymous Ethereum 2.0 staking solution creator heyheeyheeey show his desire for continued anonymity.
Mysterious ETH 2.0 Staking Solution Author Claims No Pursuit of Glory
Benjamin Pirus
2020-06-17T20:58:00+01:00
4072
Analysis
Once Ethereum becomes a proof-of-stake blockchain, what will happen to the ETH miners, and what will they do?
ETH Miners Will Have Little Choice Once Ethereum 2.0 Launches With PoS
Stephen O'Neal
2020-06-13T12:45:00+01:00
30760
News
Someone just anonymously gave the world a simplistic Ethereum 2.0 concept, via a Medium post.
Someone Just Anonymously Dropped an ETH 2.0 Scaling Solution on Medium
Benjamin Pirus
2020-06-06T16:09:00+01:00
40631
News
Algorand claims in its promotional materials to be the first PoS blockchain, but NXT lead developer says his project was first.
Both NXT and Algorand Claim to Have Developed First Proof-of-Stake Chain
Adrian Zmudzinski
2020-06-04T20:00:00+01:00
6551

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