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Proof-of-Stake

cryptocurrency March 3, 2020

Advertisements There has always been a lot of tribalism in the cryptocurrency industry, especially when it comes to consensus methods. Power-hungry proof-of-work protocols are slowly being replaced by proof-of-stake (Pos) by many major digital currency platforms — but this too is not without its own set of potential drawbacks. Recent studies have delved into the […]

cryptocurrency February 4, 2020

Advertisements New data on Ethereum shows that the network had experienced a massive decline in revenue generation for miners. This slump can be partially attributed to the depreciation of the ETH price, which has come down a long way from the all-time of $1,500 in 2018 to roughly $150 in 2019. Ethereum mining revenue diminished […]

cryptocurrency January 23, 2020

Advertisements Long-term charts clearly show that Ethereum is still in the depths of a two-year bear market. When it recovers, prices could surge to highs not seen since 2017. Cryptocurrency markets have started to show some recovery this month following another low December. Primarily led by Bitcoin, total market capitalization reclaimed $250 billion briefly and […]

cryptocurrency July 8, 2019

HDAC Technology, a blockchain company backed by automaker Hyundai, announced a partnership with blockchain startup CasperLabs to build and integrate a customized Proof-of-Stake (PoS) consensus protocol. The companies signed a memorandum of understanding (MOU) on June 28, a small initial step toward further cooperation. Advertisements HDAC, issuer of the Hyundai-DAC token, is reportedly looking to switch from […]

cryptocurrency May 15, 2019

Public blockchain platform provider ThunderCore has just released proof-of-concept code for a new consensus protocol, dubbed Pala, on GitHub. Advertisements According to Elaine Shi, chief scientist for ThunderCore, the work represents “a dream consensus protocol.” As stated on the newly released GitHub page: “Pala is a byzantine fault tolerant consensus protocol…It can achieve low latency […]

cryptocurrency February 24, 2019

Pascal Thellman is CMO at Bounty0x, a simple service for earning crypto, and an advisor at PolyGrowth, a crypto PR firm. Advertisements — As proof-of-stake (PoS) networks gear up in an effort to compete with proof-of-work (PoW) blockchains, significant attention has been placed on their validator mechanisms and incentive structures for maintaining valid consensus. In […]

cryptocurrency July 12, 2018

“Proof-of-stake is solved.” Advertisements Even in an industry that’s seen no shortage of grand proclamations, those words, issued by entrepreneur Charles Hoskinson in April, grabbed attention. The CEO of blockchain firm IOHK (and one-time CEO of Ethereum), Hoskinson was seeking to send a message about a new research paper, one he believes proved that the […]