Proof-of-Stake

Everything You Need to Know About Ethereum 2.0

Ethereum 2.0 is coming.  The yearslong upgrade – intended to radically transform the world’s largest smart-contract platform – is inching closer to deployment. The Ethereum Foundation recently announced “Medalla,” a final testnet before the mainnet launch of the Eth 2.0 beacon chain. As of July 10, some developers, including Ethereum founder Vitalik Buterin, estimate the oft-delayed …

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Velas Enters the Top 100 Coinmarketcap and Launches on Bitcoin.Com Exchange

Bitcoin.com Wallet Launches New Portfolio Breakdown and Stablecoin Swap Features With over 11 Million Bitcoin.com Wallets created, we’re building new features our users need most in order to enjoy the best possible cryptocurrency experience. Our wallet’s latest features now provide seamless swaps between bitcoin (BTC), bitcoin cash (BCH), and the … read more. Renters Threaten …

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3 Big Blockchain Companies Teamed Up on a DeFi Product That Pays Passive Income

In a special announcement made at the Unitize conference on July 6,  Cosmos, Polkadot, and Terra revealed a new DeFi savings product called Anchor that aims to offer dependable interest rates on stablecoins deposits. The companies involved in the creation of Anchor plan to launch it across their respective blockchains at the end of Q3 …

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60 Hong Kong-Based Vending Machines Support McAfee’s Ghost Token for Payments

Crypto 101: How to Send and Receive Bitcoin Cash Via the Bitcoin.com Wallet During the last few months in the midst of the coronavirus outbreak and faltering global economy, many individuals have shown an interest in bitcoin and other cryptocurrencies. However, oftentimes people can find the process a bit daunting because they are … read …

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Ethereum 2.0 Should Be Secure and Scalable but Poses Risks for Users

Alongside the ultimate scalability and security for the Ethereum network, the upcoming Ethereum 2.0 upgrade to a proof-of-stake model promises to bring additional, new benefits to its users, too. One of the main attractions, which encourages buying Ether (ETH), is a staking model that allows receiving passive income for the validation of transactions. And here, …

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Here Comes ‘Shelley’: ADA Price Excels With Cardano Upgrade Inbound

Cardano (ADA) has seen its value increase by around 50% since May 25. This recent value hike comes in the wake of project co-founder Charles Hoskinson revealing the roadmap for Cardano’s much-hyped “Shelley” upgrade via a YouTube podcast hosted by crypto pundit Lark Davis, also known as Cryptolark. As part of the aforementioned upgrade, the …

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Both NXT and Algorand Claim to Have Developed First Proof-of-Stake Chain

Cryptocurrency Algorand (ALGO) claims in its promotional materials to be the first proof-of-stake, or PoS, blockchain, but NXT lead developer Lior Yaffe claimed that his project was first. In a June 3 tweet, Yaffe accused Algorand’s of misleading the cryptocurrency community for marketing purposes, by falsely claiming to be the first PoS blockchain. He wrote: …

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Hard Fork Sets Stage for Ethereum Classic’s Second Major Departure From Ethereum

Trail partners Ethereum and Ethereum Classic are soon to split ways, highlighted by the latter’s successful “Phoenix” hard fork Sunday night. Executed at block 10,500,839 on May 31, the backwards-incompatible network upgrade makes Ethereum Classic fully compatible with Ethereum. That is, until the larger blockchain swaps its consensus algorithm in a network overhaul known as …

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Reddcoin (RDD) Nears PoSV v2 Activation, Clearing Way for Explosive Developments

Albuquerque, NM – May 29, 2020 – Feisty underdog and first generation cryptocurrency Reddcoin (RDD) launched the PoSV v2 consensus algorithm activation process on Christmas Eve 2019 enhancing all facets of support of the native lightning-quick blockchain to a self-funding independent model. That work has culminated in recent days and will be activating shortly, marking …

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Proof-of-Stake or Proof-of-Work, That Is the Question

Bitcoin (BTC) is the largest decentralized digital currency in the world, with an estimated market capitalization of around $169 billion. In the nearly 12 years since the publication of Satoshi Nakamoto’s famous white paper in 2008, Bitcoin has become the most well-known example of a cryptocurrency, and it is responsible for sparking the blockchain revolution. …

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