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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.
Altcoin Watch
FRONT, ALGO and PRE rallied in excess of 40% as altcoins capitalize on Bitcoin’s range-bound price action.
Presearch, Frontier and Algorand book double-digit gains as altcoins soar
Jordan Finneseth
2021-09-09T21:20:48+01:00
8320
Market Update
NEAR, ALGO and CVP notched gains in excess of 37% while the wider market attempts to recover from Tuesday’s sharp correction.
Near Protocol, Algorand and PowerPool rebound while Bitcoin consolidates
Jordan Finneseth
2021-09-08T19:13:23+01:00
10803
Use Case
Decentralized social media platform built on the Bitcoin model puts privacy first in its new messenger that can send crypto.
How the Bitcoin model can solve the social media dilemma
Chris Jones
2021-09-06T14:36:00+01:00
11053
Market Analysis
Timing the market is near impossible, but these five metrics can help traders identify when a sector rotation is underway.
Altcoin Roundup: Time to rotate! Data suggests traders are shifting from NFTs to DeFi
Jordan Finneseth
2021-09-03T23:00:00+01:00
26330
Altcoin Watch
The SOL price rally also appeared in the wake of “Ignition,” a global hackathon to build new platforms on the Solana blockchain.
Solana extends rally with another new high — Why is SOL price up by 70% in one week?
Yashu Gola
2021-09-03T13:06:33+01:00
49695
Altcoin Watch
A rapidly expanding ecosystem, lucrative staking opportunities and support for NFTs back the strong rebound in ZIL price.
NFT projects and high-yield opportunities back Zilliqa’s strong rebound
Jordan Finneseth
2021-09-02T18:05:00+01:00
14634
Altcoin Watch
The second-largest cryptocurrency reaches its best levels against Bitcoin and the dollar in more than three months.
Ethereum price breaks $3,500 and hits 3-month highs against Bitcoin
Yashu Gola
2021-09-01T12:47:01+01:00
26639
Altcoin Watch
Traders push their SOL/USD bids higher after Solana teases the community with “ignition,” a mysterious feature that will go live on Tuesday.
SOL burn? Solana price hits $100 for the first time after mysterious ‘Ignition’ event revealed
Yashu Gola
2021-08-30T08:31:48+01:00
49410

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