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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

Investing in cryptocurrencies is a risky business, but there are strategies you can use to limit the chance of disaster.

Managing Enormous Risk: Bitcoin and Altcoin Investment Strategies

Frisco d'Anconia

2017-10-26T02:55:00+01:00

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Bitcoin mining is energy intensive, but there are other options. Proof of Stake comes in many forms, doesn’t harm environment.

Bitcoin Mining 'Wastes Vast Amounts of Energy, Harms Environment'

Frisco d'Anconia

2017-10-25T03:15:00+01:00

32666

Everything you wanted to know about PoS: history, problems and solutions

The History and Evolution of Proof-of-Stake

2017-10-15T09:20:00+01:00

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Currencies like Bitcoin and Ethereum use conventional Blockchains, while others like IOTA operate in a blockless-based paradigm.

Bridging Gaps Between the Major Cryptocurrency Paradigms

2017-10-09T18:55:00+01:00

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Why Companies Prefer Proof of Stake: The Case of GoldMint

Why Proof of Stake Is Power of Saving

Shivdeep Dhaliwal

2017-09-08T14:30:00+01:00

19034

Gold as a precious metal has caught the eye of many investors but it the Blockchain and Custody Bot that will deliver gold from its own limitations.

GoldMint Custody Bot Will Automate Putting Gold on Blockchain

Shivdeep Dhaliwal

2017-08-22T12:00:00+01:00

8495

The Ethereum Developer team has just released word that the Metropolis hard fork is set to occur in late September of this year.

Ethereum Announces Metropolis Hard Fork Coming Late September

2017-08-19T09:51:00+01:00

143359

A UK startup is attempting to move gold to the consumer spending heights Bitcoin has already achieved.

Gold Trailblazes Bitcoin to Get its Own PoS Spending App

2017-08-10T16:05:17+01:00

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