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
ConsenSys co-founder Andrew Keys published an optimistic set of predictions for Ethereum in 2020, but others disagree with his assessments.
Ethereum 2.0 Will Come in 2020, According to ConsenSys Co-Founder
Andrey Shevchenko
2020-01-10T20:50:00+00:00
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News
The gaming giant will become a block producer on the UOS blockchain, supporting a gaming project called Ultra.
Ubisoft Might Be The First Major Games Company To Geek Out Over Blockchain
Dylan Love
2020-01-02T18:46:00+00:00
7346
News
Ethereum co-founder Vitalik Buterin has recently published an alternative proposal for an early transition to Ethereum 2.0.
Buterin Wants to Speed Up Ethereum 2.0 Transition With ETH1-Friendly Validators
Helen Partz
2019-12-25T19:57:00+00:00
8664
News
Hardware wallet manufacturer Ledger announced the latest version of its Ledger Live application, adding support for Tezos and Tezos staking.
Ledger Live Adds Support for Tezos and Staking, Adds Features to Hardware Wallets
Rachel Wolfson
2019-12-10T14:11:00+00:00
4027
News
Italian Society of Authors and Publishers teamed up with Algorand to develop a new ecosystem for copyright management based on blockchain technology.
Italian Copyright Authority and Algorand Develop Blockchain Ecosystem for Copyright Management
Alessio Marino
2019-12-07T17:30:00+00:00
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Follow up
Block.One’s announced participation in EOS’s block producer elections has reignited concerns regarding the network’s centralization.
Block.One Joins EOS Elections as One Entity Allegedly Controls 6 Block Producers
Samuel Haig
2019-11-29T15:16:00+00:00
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News
The institutional asset custody arm of United States-based crypto exchange Coinbase has announced it is transitioning to an internationally-based staking servic...
Coinbase Custody Extends Crypto Staking to Global Investors
Marie Huillet
2019-11-22T08:50:00+00:00
2950
Analysis
Forgoing crypto’s main principles, proof-of-authority is used by world giants and tech companies for better efficiency and scalability.
Proof-of-Authority Algorithm Use Cases Grow: From Pharma to Games
Julia Magas
2019-11-16T14:28:00+00:00
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