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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

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Fantom brushes off network outage with another 50% price surge

2021-03-01T11:28:50+00:00

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The second-biggest cryptocurrency is only the fourth-ranked staking network, but it’s looking to catch up to the rest.

The staking race: Late entrant Ethereum lags behind rivals with Eth2

Nikolai Kuznetsov

2021-02-21T11:49:00+00:00

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Harmony price surged in February after adding a trustless Ethereum bridge to avoid high gas fees.

Harmony (ONE) gains 230% after Ethereum network integration

2021-02-18T19:12:37+00:00

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The first Ethereum 2.0 hard fork is aimed to be a general test before introducing deeper changes.

Ethereum 2.0 set to undergo first hard fork upgrade

Andrey Shevchenko

2021-02-15T18:50:57+00:00

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Cardano’s Mary upgrade and token gains are poised to compete with Ethereum, while metrics suggest that Ethereum is still king.

Cardano approaches a new major upgrade as ADA posts an inspired rally

2021-02-14T14:27:00+00:00

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PundiX (NPXS) gained 102% as the project prepares for a testnet launch, staking and possible DeFi integration.

Pundi X (NPXS) gains 102% ahead of testnet launch and token burn

2021-02-11T19:40:00+00:00

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Cardano’s successful testnet integration of smart contract functionality and plans to enter the DeFi space back ADA’s 139% rally.

Cardano (ADA) price rallies 139% following smart contract implementation

Jordan Finneseth

2021-02-08T19:58:20+00:00

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Chinese GPU miners are apparently buying up Nvidia’s new GeForce RTX 30 laptops to set up ETH mining farms.

Chinese GPU miners reportedly bulk buying Nvidia laptops to mine Ether

2021-02-08T17:15:00+00:00

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