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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

Hardware wallet manufacturer Ledger announced the latest version of its Ledger Live application, adding support for Tezos and Tezos staking.

Ledger Live Adds Support for Tezos and Staking, Adds Features to Hardware Wallets

2019-12-10T14:11:00+00:00

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Italian Society of Authors and Publishers teamed up with Algorand to develop a new ecosystem for copyright management based on blockchain technology.

Italian Copyright Authority and Algorand Develop Blockchain Ecosystem for Copyright Management

2019-12-07T17:30:00+00:00

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Block.One’s announced participation in EOS’s block producer elections has reignited concerns regarding the network’s centralization.

Block.One Joins EOS Elections as One Entity Allegedly Controls 6 Block Producers

2019-11-29T15:16:00+00:00

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The institutional asset custody arm of United States-based crypto exchange Coinbase has announced it is transitioning to an internationally-based staking servic...

Coinbase Custody Extends Crypto Staking to Global Investors

2019-11-22T08:50:00+00:00

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The next Ethereum hard fork is coming soon — here’s how the improvements it brings fit into the big picture of network’s evolution.

Istanbul to Berlin: Ethereum Milestones on the Road to Serenity

2019-11-19T18:03:00+00:00

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Forgoing crypto’s main principles, proof-of-authority is used by world giants and tech companies for better efficiency and scalability.

Proof-of-Authority Algorithm Use Cases Grow: From Pharma to Games

2019-11-16T14:28:00+00:00

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Switzerland’s main stock exchange SIX has listed a Tezos-based exchange-traded product that enables investors to generate passive income.

Swiss Stock Exchange SIX Lists Tezos-Based ETP With ‘Baking’

2019-11-14T08:02:00+00:00

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Ethereum Foundation Developer Péter Szilágyi has confirmed Dec. 4 as the launch date for the network’s Istanbul hard fork.

Ethereum Istanbul Hard Fork Release Date Confirmed By Core Developer

2019-11-08T08:17:00+00:00

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