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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

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The Eth2 staking contract is now the single-largest address by Ether holdings.

Eth2 staking contract ranks as single-largest Ether hodler with $21.5B

2021-08-17T06:47:41+01:00

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Ledger announce support for Ether staking using Lido Finance in an attempt to drive affordability and inclusion in the market.

Ledger Live integrates ‘accessible’ Ether staking option

2021-08-16T15:15:53+01:00

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The crypto staking service platform is now worth over $500 million and could be looking to expand staff strength and business operations.

Galaxy Digital backs $50M funding round for crypto staking outfit Figment

Osato Avan-Nomayo

2021-08-16T14:58:46+01:00

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Traders who believe ETH will reach $5,000 can use this low-risk options strategy to cast a long bullish bet.

Bullish Ethereum traders can place risk-averse bets with this options strategy

2021-08-14T23:02:03+01:00

23471

Senate talks regarding the controversial crypto provisions to the U.S. infrastructure bill have ended without any amendments, suggesting the original bill will ...

Unchanged crypto tax bill will be put to a vote on Tuesday

2021-08-09T06:33:19+01:00

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Market Analysis

The options for earning passive income from staking ETH continue to expand. Here are a few.

Altcoin Roundup: Hodling Ethereum? Here’s how and where to stake your ETH

Jordan Finneseth

2021-08-06T23:00:00+01:00

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The crypto community is rallying against an amendment to the U.S. infrastructure plan that maintains strict reporting requirements for developers and validators...

BREAKING: White House supports only minor changes to crypto tax proposal

2021-08-06T04:51:59+01:00

33763

Ether has more potential than Bitcoin as a newer cryptocurrency, and the latest EIP-1559 will help the token trade more like a fixed asset, Pantera Capital CEO ...

Eth2 will help Ether outpace Bitcoin, Pantera Capital CEO predicts

2021-08-03T08:51:39+01:00

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