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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

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

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

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

Ethereum appears to be hastening its transition to Proof-of-Stake, with developer Mikhail Kalinin publishing the specifications for the chain merge with Eth2.

Eth2 transition accelerates amid rumblings of a miner rebellion

2021-03-12T01:51:32+00:00

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The derivatives landscape offers “tantalizing” opportunities for stakers, according to Kent Barton of ShapeShift. But that doesn’t mean there aren’t risks.

ShapeShift report calls ‘staking derivatives’ a potential win-win for PoS users

2021-03-11T18:00:00+00:00

7864

Theta Fuel price has been on a triple-digit rally since the beginning of February, a signal that the gas token will play an integral role in the rapidly expandi...

Not just another gas token — Theta’s TFUEL surges 775% in 5 weeks

Jordan Finneseth

2021-03-11T00:00:00+00:00

57348

COTI price hit a new all-time high following the roll-out of Staking 3.0 and a Simplex integration that allows Apple Pay users to purchase the token.

Apple Pay integration and Staking 3.0 launch push COTI price to a new high

Jordan Finneseth

2021-03-06T18:24:37+00:00

47457

Blockchain infrastructure service platform Bison Trails has launched support for running full nodes and staking on Cosmos.

Bison Trails launches staking and node services for Cosmos

2021-03-05T03:56:47+00:00

11845

The $200 million will be used to invest in seed and Series A funding rounds for promising cryptocurrency startups.

Crypto.com launches $200M investment fund for cryptocurrency startups

2021-03-04T12:24:05+00:00

7155

Hedera's proof-of-stake network will act as an energy-efficient foundation for Électricité de France's ongoing mission to become carbon neutral.

French utility giant pursues carbon neutrality as Hedera node operator

2021-03-04T12:00:00+00:00

6389

Unibright Token's price rallied to a new all-time high over new partnerships and its Baseledger white paper unveiling DeFi staking.

Unibright (UBT) price soars after DeFi staking and enterprise-level partnerships

Jordan Finneseth

2021-03-02T19:40:00+00:00

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