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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.
News
Digital asset financial services firm BitGo launches a new staking service for the clients who store their assets with its qualified custodian subsidiary BitGo ...
Crypto Custodian BitGo Launches Staking Services for Dash, Algorand
Marie Huillet
2019-10-04T08:20:00+01:00
2049
News
Major cryptocurrency exchange Binance has become the highest-ranked “Super Representative” in the Tron ecosystem.
Binance Becomes Tron’s Top ‘Super Representative’, Adds TRX Staking Support
Marie Huillet
2019-09-30T12:54:00+01:00
9988
News
Major cryptocurrency exchange Binance has launched a dedicated staking platform, allowing users to earn rewards on their token deposits.
Crypto Exchange Binance Launches Dedicated Staking Platform
Marie Huillet
2019-09-27T10:34:00+01:00
7230
News
Binance announced the launch of three new trading pairs with Tezos, including Bitcoin, Tether and Binance Coin.
Binance Lists Tezos With 3 XTZ Pairs — CEO Hints at Staking Soon
Helen Partz
2019-09-23T13:45:00+01:00
4989
News
DLT platform Hedera Hashgraph is preparing for a public beta test, during which developers could build DApps and try out the network’s smart contracts.
DLT Platform Hedera Hashgraph’s Open Beta Test to Start in September
Max Boddy
2019-08-30T07:58:00+01:00
2524
News
Algo Capital has raised $200 million — double its $100 million goal — for its venture capital fund.
Algo VC Fund Raises $200 Million to Fast-Track Ethereum Rival
Marie Huillet
2019-08-27T10:35:00+01:00
4518
News
Cryptocurrency PIVX denies allegations that its blockchain was vulnerable to a bug, as consulting firm Lunar Digital Assets had claimed.
Crypto PIVX Denies Vulnerability Allegations, Says Users’ Funds Are Safe
Max Boddy
2019-08-16T05:10:00+01:00
2983
News
Icon announced that it is giving away roughly $570,000 worth of its native tokens in order to promote voter and staking participation.
Icon to Giveaway $570,000 in Tokens to Promote Voting, Decentralization
Max Boddy
2019-08-14T01:25:00+01:00
5004

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