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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

Coinbase says increasing features will appear in its new offering, targeting Proof-of-Stake cryptocurrencies.

Coinbase Custody Begins Staking Services With Tezos, Maker to Follow

2019-03-29T11:35:00+00:00

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New research from Diar notes Eos makes up almost half of PoS staked funds’ total market value, followed by Dash and Cosmos.

Proof-of-Stake Cryptocurrencies Have $4 Billion in Staked Funds: Diar

2019-03-20T11:52:00+00:00

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Ethereum co-founder Joseph Lubin said that he expects blockchain to be most of the global economy in 10 to 20 years.

Ethereum Co-Founder Joseph Lubin: Blockchain Will Be Most of the Economy in 10-20 Years

Adrian Zmudzinski

2019-03-16T17:02:00+00:00

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A PwC blockchain expert states that renewable energy is insufficient in addressing Bitcoin’s massive energy consumption.

Expert: Renewable Energy Not Enough for Bitcoin's Sustainability Problem

Adrian Zmudzinski

2019-03-14T20:02:00+00:00

5689

Major United States crypto exchange Coinbase has reportedly hired a veteran of Amazon Web Services to develop staking and governance solutions for its crypto cu...

Report: Coinbase Hires Amazon Web Services Veteran to Develop Staking Solutions

2019-03-05T21:24:00+00:00

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Vlad Zamfir, an Ethereum Foundation researcher, will join CasperLabs to develop their PoS consensus algorithm.

Blockchain Company CasperLabs Appoints Ethereum Researcher Vlad Zamfir as Lead Architect

Adrian Zmudzinski

2019-02-23T12:45:00+00:00

7752

According to Bloomberg, investors turn to staking for gains in the crypto bear market, but there are risks.

Crypto Dividends: Staking Coins for Gains Potentially a Good Strategy in a Bear Market but Is Not Without Risk

2019-02-19T14:28:00+00:00

19510

New Ethereum (ETH) is being generated through mining is at its lowest rate ever.

Ethereum Daily Mining Rewards Аre at Lowest Level Ever Reported

Adrian Zmudzinski

2019-02-12T21:00:00+00:00

10643