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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

The NY state assembly needs to approve any bill or propose amendments before it can be signed into law by Governor Andrew Cuomo.

Bill banning crypto mining for 3 years dies in NY state assembly

2021-06-11T20:15:00+01:00

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“The Arrington Algorand Growth Fund represents yet another key strategic pillar in supporting the momentum of those building on top of what we think is the best...

Arrington Capital to back Algorand projects with $100M growth fund

2021-06-10T21:00:00+01:00

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The latest version of a top hardware wallet goes beyond better security, bringing decentralized finance within its native ecosystem.

Pioneering hardware wallet brings enhanced staking to cold storage

2021-06-08T12:15:24+01:00

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The Ethereum co-founder cites people problems as one of the obstacles to progress.

Even Vitalik Buterin is surprised at just how long Eth2 is taking

2021-06-02T05:53:33+01:00

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Because of Bitcoin, blockchain’s impact on the climate has come into sharp focus. But can this technology actually be part of the solution for saving the enviro...

Can blockchain ever be part of the solution for tackling climate change?

2021-05-25T16:25:00+01:00

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A blockchain project believes it can achieve massive scalability while pushing the boundaries of decentralization.

Blockchain project becomes ‘one of largest social experiments in the world’

2021-05-24T13:00:00+01:00

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A more lightweight, smarter blockchain would certainly have a smaller-size environmental footprint, and that is the goal.

Green blockchain should work smarter, not harder

2021-05-23T09:12:00+01:00

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Vitalik Buterin thinks crypto is in a bubble, but he doesn’t have a prediction of when it will pop, and he believes there is a “possibility” Ethereum will overt...

Vitalik: Crypto is in a bubble, Bitcoin may get 'left behind’ due to its power usage

2021-05-21T04:27:22+01:00

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