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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

A crypto project is bringing apps and smart contracts to Bitcoin — and offers the first consensus algorithm to span two blockchains.

Crypto project brings apps and smart contracts to Bitcoin

2021-01-14T14:08:00+00:00

6892

A platform is billing itself as a one-stop-shop for DeFi that delivers interoperability across multiple blockchains.

One-stop-shop for DeFi to make staking easy, accessible and affordable

2021-01-13T16:45:00+00:00

3623

Polkadot has recounted its gains in 2020, identifying its dominance of the crypto staking scene among other notable milestones for the year.

Polkadot's founder looks back on the year, teases Substrate 3.0 in early 2021

Osato Avan-Nomayo

2020-12-31T11:02:26+00:00

19261

Ethereum 2.0 is finally taking form after the beacon chain launch, so how has it affected the DeFi and Dapp ecosystems so far?

The Ethereum 2.0 factor: Changing the way DeFi projects operate

António Madeira

2020-12-26T07:27:00+00:00

23019

With more than 400 validators and DAOs, Free TON is now considered in mainnet status.

Free TON achieves mainnet status after reaching ‘sufficient decentralization’

Andrey Shevchenko

2020-12-22T12:18:00+00:00

5481

Eth2 already ranks as the fourth-largest staking network by TVL despite launching six weeks ago and with withdrawals still yet to be enabled.

Eth2 becomes the fourth-largest staking network, and it keeps growing

2020-12-18T08:09:11+00:00

16937

New Year Special

Ethereum’s year was rich with astounding successes, but nothing can be perfect.

Ethereum’s 6 biggest accomplishments of 2020 (and 5 disappointing moments)

Andrey Shevchenko

2020-12-16T18:27:00+00:00

7535

The new Ethereum 2.0 roadmap review: What updates have been added, and how soon can they be implemented?

When will Ethereum 2.0 fully launch? Roadmap promises speed, but history says otherwise

2020-12-16T14:27:00+00:00

135769