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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

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Security, scalability, decentralization: What will the first proof-of-stake blockchain by MIT look like and why might it become a threat to Ethereum?

How MIT Joined Ethereum in the Race for the PoS Blockchain

2019-02-07T14:40:00+00:00

10944

Proof-of-stake token investors have a unique option to survive the protracted crypto market slump: staking their holding for the block rewards.

Bloomberg: Proof-of-Stake Token Investors Could Use Staking For Gains During Bear Market

2019-02-01T11:30:00+00:00

7608

Staked, a startup aiming to make staking on PoS blockchains easier for institutional investors, raised $4.5 million from Pantera Capital, Coinbase and others.

Pantera Capital, Coinbase Back Crypto Startup Staked in $4.5 Million Round

Adrian Zmudzinski

2019-01-31T16:49:00+00:00

5169

Blockchain technology is facing a serious scalability issue, and solving it might not be as easy as some think.

Age of Scale: How Can Blockchain Systems Become Powerful Enough for a Global Audience?

2019-01-31T15:16:00+00:00

5224

Blockchain is featured as a disrupting technology in the Tech Trends 2019 report published by Big Four audit and consulting firm Deloitte.

Blockchain Featured in Big Four Firm Deloitte’s Annual Tech Trends Report

Adrian Zmudzinski

2019-01-18T15:09:00+00:00

6726

The Ethereum Foundation has announced a $5 million grant to U.K.-based company Parity Technologies for scalability, usability and security work.

Ethereum Foundation Announces $5 Million Grant to Parity Technologies

Adrian Zmudzinski

2019-01-08T11:19:00+00:00

4898

Ethereum core developers have reached a tentative consensus to implement a new proof-of-work algorithm that would increase the efficiency of GPU-based mining on...

Ethereum Core Devs to Move Forward With ASIC-Resistant PoW Algorithm

2019-01-04T21:43:00+00:00

12408

A blockchain project led by the creator of PoS, Sunny King, revealed five milestones for 2019 to bring a “brand-new digital economy era.”

'Legendary' PoS Creator Announces Plans to Remove Entry Barriers for Developers in 2019

Connor Blenkinsop

2018-12-18T11:49:00+00:00

3357