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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

Shiba Inu rebounds 40% despite major selling by SHIB whales

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Bitcoin's $100K price target returns as BTC price breaks out of bull pennant

What Bitcoin correction? BTC price holds $55K despite several bearish indicators

A new fast and scalable blockchain platform is making waves with high-profile partnerships and backing from big investors.

Blockchain’s Need for Speed Brings New Tools to the Crypto Industry

Nikolai Kuznetsov

2020-04-19T09:00:00+01:00

7213

Tron describes the collaborative interest it shared with hardware wallet, Ledger, in adding TRX to Ledger Live.

TRX Ledger Live Integration a Mutual Decision, Tron Says

2020-04-18T18:23:46+01:00

8631

Binance Chain is launching a second, smart contract-enabled chain that will use Ethereum’s Virtual Machine to let its developers build decentralized apps.

Binance Chain Releases White Paper for a Smart Contract-Enabled Blockchain

Andrey Shevchenko

2020-04-17T11:49:00+01:00

6871

The founder of Swiss crypto broker Bitcoin Suisse predicts that Bitcoin will move to Proof-of-Stake once Ether has proved the algorithm’s success.

Bitcoin Will Follow Ethereum And Move to Proof-of-Stake, Says Bitcoin Suisse Founder

2020-04-14T13:11:00+01:00

50403

Binance’s United States-based arm, Binance.US, will launch staking rewards for Tezos on April 16, to totally support three tokens for staking.

Binance’s US Arm to Launch Tezos Staking This Week

2020-04-13T18:45:00+01:00

6225

Block.one has decided to use its stake of almost 10% of the EOS network to vote for block producers, which marks a break in its previous relationship with the b...

Block.one Will Vote With Its EOS in Clear Break From Previous Cautiousness

Andrey Shevchenko

2020-04-09T13:13:00+01:00

1618

CasperLabs, the firm tasked with developing Ethereum’s implementation of proof-of-stake, decided to launch its own blockchain.

ETH 2.0 Development Firm CasperLabs to Work on Its Own Blockchain

Adrian Zmudzinski

2020-04-08T11:00:00+01:00

5974

The proof-of-stake ecosystem continues to refine itself and find creative solutions in pursuit of decentralized consensus — despite the problem’s complexity and...

Staking, Consensus and the Pursuit of Decentralization

Benjamin Crowell

2020-04-04T19:59:00+01:00

5328