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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

As Ethereum’s London upgrade launches on the Ropsten testnet, mainnet anticipation for stakers and miners increases.

London fork enters testnet on Ethereum as difficulty bomb sees delay

2021-07-03T14:07:00+01:00

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CEO Jamie Dimon may not support crypto, but two JPMorgan analysts say proof-of-stake coin yields are attractive investments in this zero-rate environment.

JPMorgan report: Eth2 could kick-start $40B staking industry by 2025

2021-07-02T01:56:47+01:00

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Attractive yields for stakers, protocol revenue and competition among DeFi protocols have analysts pointing to a bullish long-term view for Curve Finance.

3 reasons why analysts are turning bullish on Curve Finance (CRV)

Jordan Finneseth

2021-07-01T21:35:00+01:00

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ETH 2.0 now has 10x more staked Ether to power its proof-of-stake mechanism than the Ethereum Foundation required at launch six months ago.

Ethereum 2.0 approaches 6 million staked ETH milestone

2021-06-30T19:47:03+01:00

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The great hash rate plunge caused by an exodus of miners from China shows large scale Proof-of-Work mining facilities are vulnerable to regulation.

China crackdown shows industrial Bitcoin mining a problem for decentralization

2021-06-30T00:14:29+01:00

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It may not have a meme dog or billionaire booster, but a privacy coin protocol is bullish about the value of anonymity.

Privacy protocol’s dogged focus on untraceable coins and anonymous communication

2021-06-28T20:20:00+01:00

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Three Ethereum testnets now have a set date for the London hard fork, a key step toward a full mainnet implementation.

Ethereum’s ‘London’ hardfork set to go live on testnets starting June 24

2021-06-18T17:29:39+01:00

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CNN will drop NFTs depicting historic moments such as space travel, technological advancements, and presidential elections.

CNN selling historic news ‘moments’ as NFTs

2021-06-17T01:38:14+01:00

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