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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

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

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

Market Analysis

Ether's price might be bullish in the short term, but there are a handful of factors that could keep the price pinned in its current range.

3 reasons why Ethereum price might not hit $5,000 anytime soon

2021-08-01T00:28:02+01:00

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Market Analysis

Want to get paid to HODL? Here are five easy ways crypto investors make money without trading.

5 easy ways crypto investors can make money without needing to trade

Jordan Finneseth

2021-07-31T00:00:00+01:00

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The coming Eth2 proof-of-stake chain merge now has an Ethereum Improvement Proposal.

‘Ethereum Improvement Proposal 3675’ for the Eth2 merge launches on GitHub

2021-07-23T03:29:22+01:00

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A privacy coin project wants to offer "full-fledged total control" as regulatory uncertainty surrounding cryptocurrencies continues.

Privacy coin wants to offer fast, anonymous payments with minimal energy use

2021-07-22T13:00:00+01:00

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Some of JPMorgan’s new blockchain-related job vacancies seek candidates with experience in Bitcoin, Ethereum and proof-of-stake consensus mechanisms.

US megabank JPMorgan to hire more blockchain talent

2021-07-20T10:23:00+01:00

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BTCST earnings per staked token increased after China cracked down on Bitcoin miners and the network’s hashrate dropped.

3 reasons why Bitcoin Standard Hashrate (BTCST) price rallied by 50%

Jordan Finneseth

2021-07-19T21:43:03+01:00

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The latest Paris Fashion Week clearly marks the new digitized era for a high-end fashion industry’s trends toward blockchain and nonfungible tokens.

Haute Couture goes NFT: Digitalization at the Paris Fashion Week

Sophia Schteiner

2021-07-14T19:13:47+01:00

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The second-largest cryptocurrency sells off in line with Bitcoin as traders assess the latest U.S. inflation data.

Ethereum price dragged down below $2K as US inflation hits highest level since 1991

2021-07-13T18:47:53+01:00

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