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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

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

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

Binance.US, the U.S. cryptocurrency trading platform of major crypto exchange Binance, will introduce staking rewards in February.

Binance’s US Trading Platform to Introduce Staking Rewards

Adrian Zmudzinski

2020-01-29T16:01:00+00:00

4382

Financial services and mobile payment company Square gets a patent to turn fiat into crypto in real-time point-of-sale transactions.

Jack Dorsey’s Square Awarded Patent for Real-Time Crypto-to-Fiat Swaps

Andrew Calderaro

2020-01-22T22:18:00+00:00

6659

EGifter becomes the first merchant to accept XRP through BitPay, creating new and practical uses for the digital asset.

EGifter Will Be Among First BitPay Merchant To Accept XRP Cryptocurrency

2020-01-21T19:08:00+00:00

4933

ConsenSys co-founder Andrew Keys published an optimistic set of predictions for Ethereum in 2020, but others disagree with his assessments.

Ethereum 2.0 Will Come in 2020, According to ConsenSys Co-Founder

Andrey Shevchenko

2020-01-10T20:50:00+00:00

15169

Critical Ethereum 2.0 smart contract not affected by the bugs, developers argue.

Bugs Found in Compiler for Readable Ethereum Smart Contracts, Team Downplays Concerns

Andrey Shevchenko

2020-01-09T17:53:00+00:00

3519

The gaming giant will become a block producer on the UOS blockchain, supporting a gaming project called Ultra.

Ubisoft Might Be the First Major Games Company to Geek Out Over Blockchain

2020-01-02T18:46:00+00:00

10234

Ethereum co-founder Vitalik Buterin has recently published an alternative proposal for an early transition to Ethereum 2.0.

Buterin Wants to Speed Up Ethereum 2.0 Transition With ETH1-Friendly Validators

2019-12-25T19:57:00+00:00

10442

Bitcoin Cash-focused firm BitcoinBCH has potentially misled the public into believing that Bitcoin double-spends is easy to carry out.

Real Bitcoin Double Spends Are Hard, Looking Into Alleged Issue

Adrian Zmudzinski

2019-12-22T16:32:00+00:00

8264