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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.
Cointelegraph spoke with Cloak team member Cashmen about overcoming the initial pump and dump by the original team, resurrecting CloakCoin, transitioning from p...
CloakCoin: ‘We Had to Do Everything from Scratch, Only the Name Has Stuck’
Allen Scott
2015-07-23T19:06:00+01:00
2830
Geopay, a new crypto-business bringing a “universal commerce platform” to the financial tech world, is planning to help Greeks with their sovereign debt crisis....
Greece: ‘A Communal Society Open to Cryptocurrency’
Jamie Redman
2015-07-12T13:34:00+01:00
1035
Cointelegraph spoke to MaryJanecoin developer Gabriel Ballerini to get an inside look at the new marijuana-backed altcoin and at the challenges facing the cann...
‘The Cannabis Industry Is Truly Begging to Be Disrupted by Cryptocurrency’ - Interview with MaryJanecoin
Allen Scott
2015-06-12T08:31:00+01:00
1178
One of the driving factors behind cryptocurrency is the fact that it is decentralized, meaning that no individual or group controls it. Instead, it is controlle...
The Inevitable Failure of Proof-of-Stake Blockchains and Why a New Algorithm is Needed (Op-Ed)
Guest Author
2015-05-24T13:26:00+01:00
20261
Peercoin is a proof-of-stake currency based on some technical aspects of Bitcoin.
Peercoin
Cointelegraph
2015-05-24T11:06:00+01:00
737
Next-generation proof-of-stake altcoin NeuCoin has seen unprecedented interest in its April 28 presale since its announcement last week.
NeuCoin Implements ‘Anti-Whale’ Measures in Reaction to Presale Popularity
William Suberg
2015-04-24T19:47:00+01:00
534
New proof-of-stake digital currency NeuCoin has announced that its pre-sale will begin on 28 April.
NeuCoin Announces Pre-Sale of 100 Million NEU
Charlie Richards
2015-04-14T19:35:00+01:00
1018
The Internet is one of the most underestimated inventions. At the very moment when it seems it has come to a point beyond which it can offer something new, the ...
History of Cryptocurrency, Part I: From Bitcoin’s Inception to the Crypto-Boom
Guest Author
2015-04-11T12:11:00+01:00
8333

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