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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.

Top News

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'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

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2021-03-25T21:30:00+00:00

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More than 100,000 investors are trying to participate in CasperLabs’ offering on CoinList, but only about 12,000 are likely to secure tokens.

100,000 investors deluge Casper Labs’ token sale, with most expected to miss out

2021-03-23T01:48:04+00:00

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The upcoming Berlin update contains EIPs aimed at reducing transaction costs, but it may not provide a long-term solution.

Ethereum network in a fee spin: Can the Berlin upgrade save the day?

2021-03-21T12:28:09+00:00

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Senior research analyst at Messari, Ryan Watkins, predicts that Ether could overtake Bitcoin as the top crypto asset once its Eth2 overhaul is complete.

‘Deflationary’ Eth2 could flip Bitcoin: Messari analyst

2021-03-18T05:01:07+00:00

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Ether miners coming out in force against the Ethereum Improvement Proposal that can slash the reward ratio by over 50%.

Ethereum at a crossroads: Ether community turmoil over miner reward fees

2021-03-16T15:55:00+00:00

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The Orbs token burst into the market cap top 100 after 75% overnight growth compounded 700% gains for the week.

Staking app support adds to 700% weekly gains for new cryptocurrency top 100 entrant

2021-03-16T10:15:18+00:00

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Ethereum co-founder Vitalik Buterin is working to proactively solve a blockchain vulnerability.

Buterin helping to strategize against Ethereum 51% attack possibility

2021-03-12T22:32:49+00:00

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Improving fundamentals, new partnerships and a key integration with Binance Smart Chain back Ankr’s recent 137% rally.

Ankr gains 137% after becoming the top validator on Binance Smart Chain

2021-03-12T19:06:01+00:00

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