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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

The world’s 3rd largest crypto exchange OKEx has announced it will be listing Tezos later this week.

Crypto Exchange OKEx Is Listing Tezos With Bitcoin, Tether Pairs

2019-11-04T09:19:00+00:00

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CasperLabs announces “Highway,” reportedly the first correct-by-construction Casper proof of stake implementation that is provably live and safe.

CasperLabs Shows First ‘Provably Safe’ Ethereum PoS Protocol ‘Highway’

Adrian Zmudzinski

2019-11-02T15:44:00+00:00

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Binance’s latest research report has argued that with Ethereum’s pending switch to proof-of-stake in January, staking is set to have a major impact on the indus...

Binance Research: Ethereum’s Switch to Staking Will Transform Industry

2019-10-29T08:49:00+00:00

12564

Bakkt announced its coming app for consumer payments, with Starbucks on board as the flagship retailer starting next year.

Bakkt Teases Launch of Consumer Payments App Scheduled for 2020

2019-10-28T16:25:00+00:00

4296

In order to become a validator on the Ethereum 2.0, one is required to maintain 32 Ether, worth of $5,300 at publishing time.

Ethereum 2.0 Validators to Earn up to 10% Annually for Staking: Report

2019-10-25T21:46:00+01:00

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Qtum has gone though its first-ever hard fork today, unlocking major significant network improvements.

Qtum’s First-Ever Hard Fork Qtum 2.0 Is Now Active

2019-10-17T18:36:00+01:00

3897

Ethereum co-founder turned Cardano creator Charles Hoskinson believes that if Bitcoin fails, the entire cryptocurrency industry could fail.

If Bitcoin Fails, Crypto Industry in for a Bad Time: Cardano Founder

2019-10-11T11:18:00+01:00

23889

A major South Korean convenience store chain, CU, will now accept a blockchain-based payment method at its stores.

Major South Korean Store Chain Supports Blockchain Payments App

Adrian Zmudzinski

2019-10-07T19:33:00+01:00

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