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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

TRON has launched a beta version of its independent MainNet, beginning the token’s transition away from the Ethereum blockchain.

Tenth Largest Crypto TRON to Leave Ethereum, Launches Beta Version of Own Blockchain

2018-05-31T19:00:00+01:00

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Ethereum Classic claims a successful network upgrade has been implemented at block 5,900,000 to ensure that mining will stay viable in future.

Ethereum Classic Upgrades Network Protocol to Ensure Mining Remains Viable

2018-05-30T15:20:00+01:00

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New friendly protocol to solve the problems of scalability and high transactions costs in Ethereum network. The upgrade means more decentralization, functionali...

Casper: What Will the Upgrade Bring to the Ethereum’s Network?

2018-05-16T01:24:00+01:00

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The 0.1.0 version of Ethereum’s Casper Protocol code has been released by developers.

First Version of Ethereum’s Casper Update Has Been Released

2018-05-09T14:05:00+01:00

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There will be a cryptocurrency of the future and it will not be Bitcoin, says ex-Goldman Sachs president, ex-member of Trump administration.

Ex-Goldman Sachs President Says Global Cryptocurrency Will Come, But It’s Not Bitcoin

Molly Jane Zuckerman

2018-05-08T23:05:00+01:00

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Recent Ethereum Improvement Proposal reveals Casper FFG network update, which seeks to move the network away from issues associated with crypto mining.

Ethereum Devs Publish Upgrade Proposal To Move Network Away From Mining-Related Issues

2018-04-23T23:54:00+01:00

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The Chinese government China reaffirmed its strict stance on ICOs and crypto in a recent statement claiming to combat illegal fundraising.

Chinese Gov’t Reiterates Strict Stance On Crypto, Focuses On Illegal Fundraising

2018-04-23T23:28:00+01:00

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There is a difficulty bomb programmed into the Ethereum network that could freeze the Ethereum Blockchain later this year.

Is Serenity The Solution To Ethereum’s Difficulty Bomb?

Patrick Thompson

2018-04-09T08:27:00+01:00

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