Please note, this is a STATIC archive of website cointelegraph.com from 17 Oct 2021, cach3.com does not collect or store any user information, there is no "phishing" involved.

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

DeFi, institutions and Eth2: What are all the factors fueling Ether’s current rally to its all-time highs?

Ether is flying to the moon? Here’s what’s fueling the ETH rocket

António Madeira

2021-02-06T15:47:00+00:00

79661

The taxman still isn't wise to cryptocurrency earnings made through proof-of-stake. But that could change soon.

US Library of Congress report highlights proof-of-stake tax blindspot

2021-02-04T14:26:38+00:00

11939

With Ether continuing to push into new all-time highs above $1,500, Eth2 now ranks as the third-largest crypto asset in terms of staked assets.

Eth2 becomes third-largest staking network as Ether rallies into new ATHs

2021-02-03T06:02:04+00:00

19949

Lucrative DeFi investing opportunities and increasing participation from institutional investors are driving the amount of Bitcoin and Ethereum held on exchange...

Bitcoin and Ethereum held on exchanges drops to a multi-year low, here’s why

Jordan Finneseth

2021-02-03T00:30:00+00:00

39057

Analysis of recent deposits to the Eth2 contract address reveals the number of individual validators is on the rise.

Eth2 notches up 66K validators as devs reveal progress for 2021

2021-01-21T03:35:06+00:00

9064

Cardano price has doubled since the start of 2021, and the move coincides with a new all-time high in Cardano-related Twitter mentions.

All-time high social activity accompanies 100% rally in Cardano price

Jordan Finneseth

2021-01-20T17:17:28+00:00

38938

Ethereum is now the third largest blockchain by stake committed, and has plenty of room to grow.

Ethereum 2.0 closes in on $4B value locked as stakers commit over 2% of supply

Andrey Shevchenko

2021-01-19T18:51:36+00:00

13832

Technical indicators related to Ether suggest that a move past the $2,000 range might be in the books — but how soon?

ETH price sets new all-time high, gains financial momentum to go further

2021-01-19T15:14:03+00:00

22255