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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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SOL price keeps rising as the U.S. securities regulator registered a Solana-centric fund for institutional investors and crypto market data network Pyth announc...

Solana hits record high with SOL price up over 218% in six weeks — What's behind the rally?

2021-08-27T17:00:24+01:00

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The aftereffects of the London upgrade begin to emerge as the Eth2 staking contract becomes the single largest Ether holder.

London’s impact: Ethereum 2.0's staking contract becomes largest ETH holder

2021-08-26T14:07:00+01:00

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To date, 92,595 ETH have been burned following Ethereum's London hard fork upgrade.

Ethereum supply shock: Exchange ETH reserves continue to fall after a 26% drop in 2021

2021-08-25T17:50:02+01:00

21714

InCore Bank has also announced the upcoming launch of Tezos custody, staking and trading services targeting financial institutions.

Swiss B2B bank InCore launches new tokenization tool using Tezos

2021-08-24T09:49:21+01:00

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Bitcoin and Ether’s upside exhaustion, Cardano’s smart contract FOMO, and an overall boom in the altcoin market have catalyzed ADA’s gains.

Cardano defies Peter Brandt’s 90% crash warning, ADA price doubles to new high

2021-08-20T10:52:32+01:00

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High percentage staking offers, a system for combating NFT fraud and a growing user base all suggest that VRA price has bottomed following its May lows.

3 developments signal that Verasity (VRA) price may have bottomed

Jordan Finneseth

2021-08-18T22:30:00+01:00

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The market for staking has accelerated rapidly recently, and a shift to PoS will ensure that the blockchain ecosystem is more resilient.

Staking will eat proof-of-work for breakfast — Here’s why

Tushar Aggarwal

2021-08-18T10:57:00+01:00

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General counsel to Compound Labs, Jake Chervinsky has warned that the Treasury Department wants to “capture” the DeFi sector through the crypto provisions added...

Treasury Dept. wants to ‘capture DeFi’ with infrastructure bill: Jake Chervinsky

2021-08-18T04:31:36+01:00

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