Tag: PoS
ECB report likens PoW to fossil fuel cars, PoS to electric vehicles
Amid the soaring inflation, the European Central Bank (ECB) has found time to sum up its concerns about the “significant carbon footprint” of Bitcoin [...]
Ethereum 2.0: Switching to Proof-of-Stake (PoS)
Proof-of-Work vs. Proof-of-StakeEthereum is the second-largest cryptocurrency by market capitalization – behind Bitcoin – and currently runs on a pro [...]
Ethereum co-founder responds to PoS critics amid upcoming Merge
While some believe that Ethereum’s upcoming shift to proof-of-stake (PoS) may push the platform to eventually surpass Bitcoin (BTC), others take this [...]
PoS gives Ethereum the economic structure to overtake Bitcoin, says DeFi researcher
As Ethereum shifts into proof-of-stake (PoS), a decentralized finance (DeFi) researcher has argued that the platform can overtake Bitcoin's (BTC) thro [...]
All 5B toncoins mined on PoS TON blockchain
The TON Foundation, an organization developing the Telegram-initiated blockchain project, the TON blockchain, on Tuesday officially announced that TON [...]
Anchorage Digital to Introduce Ether Staking for Institutions as Move to PoS Approaches
The crypto custody firm is enrolling customers for ether staking a few months ahead of Ethereum’s planned transition to a proof-of-stake mechanism.
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Can Solana become the dominant PoS chain despite persistent outages?
Like most new-age networks, Solana was developed to resolve major issues confronting the blockchain industry. While the network has addressed some of [...]
GPUs Get Cheaper as Ethereum’s Switch to PoS Gets Closer
GPU miners “are not really investing in new equipment at the moment, since prices have been high for a while,” and “most of them are likely waiting fo [...]
ETH devs implement first-ever ‘shadow fork’ as PoS testing continues
Ethereum developers implemented the network’s first-ever “shadow fork” on Monday, marking an important milestone in the ongoing shift to a proof-of-st [...]
Ethereum’s First Mainnet Shadow Fork Goes Live as Move to PoS Continues
The shadow fork will share some of the data with the main Ethereum network, so some transactions could appear on both chains, Jayanthi cautioned. The [...]
PoS validator turns down IRS tax refund offer, pushes for clear policy on staking taxation
A United States couple suing the federal tax agency over Tezos (XTZ) staking rewards taxation chose to forego a tactical victory and engage in a court [...]
Ethereum hash rate scores new ATH as PoS migration underway
Over the previous year, Ether (ETH) has increased in value to the point that it significantly outperformed Bitcoin (BTC) in terms of returns. The rise [...]
Tezos blockchain notes power savings after PoS switch: PwC report
Tezos, a privacy focused blockchain network, released its carbon footprint report from PricewaterhouseCoopers Advisory SAS — a French member firm o [...]
ShapeShift report calls ‘staking derivatives’ a possible win-win for PoS customers
In a newly launched report, Swiss cryptocurrency change ShapeShift explores the potential position of so-called “staking derivatives” in addressing [...]
Perceived centralization might kill PoS networks: ShapeShift report
A brand new report means that Cosmos, Polkadot and NEAR might fail to take off if they're perceived to have a difficulty with centralization — as t [...]