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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

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Despite beginning its mainnet rollout today, the price of Matic has fallen 20% in 48 hours — shedding nearly all gains made during the week leading into the lau...

Matic's Price Crumbles 20% Amid Mainnet Launch

2020-06-01T16:12:00+01:00

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Major crypto exchange Coinbase is rolling out Tezos staking rewards for users in the United Kingdom and three European countries.

Coinbase Now Supports Tezos Staking Rewards for UK and Some EU Users

2020-05-29T10:54:00+01:00

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Time will tell if the network will cement its dominance.

Polkadot Mainnet Not Yet Live, Just a Mainnet Candidate

2020-05-26T21:57:00+01:00

4725

While Ethereum 2.0 is still not set in stone, three key metrics show us that users and investors are optimistic about the price of ETH.

Ahead of Ethereum 2.0 Launch, 3 Key Metrics Point to ETH Price Surge

2020-05-25T19:35:00+01:00

34076

Bugs, management issues and competitors: What challenges is Ethereum facing before its anticipated proof-of-stake upgrade?

Ethereum 2.0 Release Date Set for the Eleventh Hour as Issues Persist

2020-05-23T13:29:00+01:00

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The Harmony mainnet claims to be the first blockchain network to integrate both sharding and staking into its infrastructure.

Harmony Blockchain Mainnet Now Supports Staking Along With Sharding

Mohammad Musharraf

2020-05-21T09:37:00+01:00

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Major Swiss crypto broker Bitcoin Suisse has added custodial support and staking services for Tezos, using its PwC-audited vault storage.

Bitcoin Suisse Targets Institutional Clients With Secure Custody, Staking for Tezos

2020-05-20T11:08:00+01:00

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As Ethereum gears up to shift to a proof-of-stake consensus, here is a guide explaining token staking on the Ethereum 2.0 blockchain. ...

Ethereum 2.0 Staking, Explained

Nikolai Kuznetsov

2020-05-19T17:30:00+01:00