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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.

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The Provenance Blockchain Foundation launched its new, open source proof-of-stake blockchain in May. Shortly thereafter, parent company Figure Technologies anno...

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2021-07-13T14:44:43+01:00

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“We believe ClayStack has developed an efficient solution that addresses the shortcomings of present-day liquid staking protocols,” said CoinFund Founder and CE...

ClayStack raises $5.2M for liquid staking protocol

2021-07-13T14:00:00+01:00

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Ethereum might be the darling of the blockchain world, but it’s likely that the awaited Eth2 will not attract wider mainstream adoption.

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2021-07-11T14:16:00+01:00

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Market Analysis

Ethereum held in exchange reserves reached a new low after a surge in Ether staked in Eth2 and the approach of the long-awaited London hard fork.

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2021-07-08T22:25:27+01:00

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2021-07-07T08:22:37+01:00

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Holding on to cryptocurrencies can be difficult at the best of times, but this trading platform is offering a solution that may make things easier.

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2021-07-05T13:00:00+01:00

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A blockchain project that enables decentralized identities and verifiable credentials to be created has announced that it is transitioning to a proof-of-stake a...

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2021-07-05T09:53:34+01:00

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We don’t know the identity of the whale that’s deposited a half billion into Ethereum, but a look at the chain tells us a whole lot about them.

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2021-07-03T20:10:00+01:00

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