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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.
Analysis
As Ethereum prepares to shift to a PoS blockchain, interest in staking crypto is growing. Here is a list of the biggest blockchain staking platforms.
All in on PoS Blockchains: An Overview of Crypto-Staking Networks
Jinia Shawdagor
2020-05-17T15:00:00+01:00
44859
News
The Proof of Stake Alliance has engaged in dialogues with U.S. regulators regarding industry-driven standards for PoS protocols.
Proof of Stake Alliance Talks With SEC About Blockchain Standards
Felipe Erazo
2020-05-14T14:00:00+01:00
7485
Opinion
An analysis of the advantages and disadvantages of the blockchain protocols that are the basis of the entire industry.
Proof-of-Stake or Proof-of-Work, That Is the Question
Evan Weiss
2020-05-08T12:38:00+01:00
9639
Opinion
The Ethereum community may face some difficulties with the transition from the proof-of-work to proof-of-stake model: Here’s what you need to know.
The Five Hidden Principles in Staking and Validating
Stan Kladko
2020-05-06T12:04:00+01:00
10839
News
Tachyon, a blockchain-based ecosystem built with the help of proof-of-stake creator, Sunny King, already has 100,000 entities using its VPN.
Decentralized VPN Gaining Steam at 100,000 Users Worldwide
Benjamin Pirus
2020-05-01T22:29:26+01:00
16672
Analysis
One analyst suggests staking may trigger a bull run for ETH, but how likely is ETH 2.0 to generate this amount of demand?
Ethereum 2.0 Staking Upgrade Can Trigger ETH Price Rally
Will Heasman
2020-05-01T16:20:00+01:00
62952
News
Smart contracts on the Ethereum network are up almost 3x from the previous month to nearly 2 million, while deployment costs for the network are at a low.
Ethereum Smart Contracts up 75% to Almost 2M in March
Joshua Mapperson
2020-04-23T08:33:00+01:00
8952
News
A cryptocurrency staking app which offers 1.5% daily returns might be a Ponzi scheme related to one that exit-scammed two years ago.
Crypto Staking Wallet Offers 1.5% Daily Returns: Ponzi in Progress?
Greg Thomson
2020-04-20T16:07:00+01:00
21109

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