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.
Only 226 validators have been slashed since Ethereum staking began, with 75 of those coming from a single event in February 2021.
Only 0.04% of Ethereum validators have been slashed since 2020, says core dev
The upgrade is only for the Sepolia network, with a subsequent upgrade for the Goerli network to be introduced in March.
Ethereum Shapella upgrade gets new date, making way for un-staking ETH
Experts from 10 industry organizations contributed to this pioneering examination of legal questions surrounding proof of stake.
Proof of Stake Alliance publishes white papers on legal aspects of liquidity staking
A deflationary Ethereum supply does not necessarily mean a bullish market for ETH, at least in the near term.
Ethereum’s deflation accelerates as Shanghai upgrade looms — Can ETH price avoid a 30% drop?
There is a new upgrade on the chain called Ethereum Shanghai. Is that bullish or bearish for Ether and the crypto market?
Ethereum Shanghai upgrade, explained
The U.S. Securities and Exchange Commission may be focused on custodial staking programs today, but does it also have proof-of-stake blockchain networks in its ...
SEC vs. Kraken: A one-off or opening salvo in an assault on crypto?
Just weeks before the Shanghai upgrade, the decline in exchange supply is being seen as a bullish sign.
Ethereum supply plunges 37% on crypto exchanges post the Merge upgrade