Tagged: proof of stake

Ethereum “Fee Burn Proposal” May Lead to ETH Price Skyrocketing, but Many Challenges Remain, YIELD App Team Explains

The developers of YIELD App, which allows users to deposit various crypto-assets and earn competitive returns, have published a blog post that covers the controversial Ethereum Improvement Proposal or EIP 1559, the ongoing Ethereum “miner revolt” and “what it all means” for decentralized finance (DeFi)…. Read More

Ethereum Proof of Stake May Launch Sooner than We Might Think, According to Blockchain Professional

Proof of stake or PoS based blockchain consensus may be coming to Ethereum (ETH), the leading smart contract platform, “sooner than we think” according to a blog post published by ConsenSys, a leading distributed ledger tech (DLT) development studio based in New York. The post’s… Read More

Blockchain Project Casper’s Mainnet to Launch in Mar 2021, its Token Sale will be first CoinList Sale this Year

In anticipation of its mainnet launch and token sale to be conducted via CoinList during March 2021, Casper has emerged as one of the “most talked-about” projects in the blockchain industry. As mentioned in a blog post by CoinList, when you “dig” into the technology,… Read More

Blockchain Platform Qtum Teams Up with Blockpass to Provide On-Chain KYC Services

Blockchain platforms Qtum and Blockpass have teamed up in order to deliver on-chain (or blockchain-based) Know-Your-Customer (KYC) services. As part of the agreement, Qtum will be providing subsidies to “specific” members looking to achieve regulatory compliance through Blockpass’s On-chain KYC solutions. Adam Vaziri, CEO at… Read More

Huobi Group Explains how Ethereum will be Merging Two Digital Assets, BETH and ETH, as It Transitions to ETH 2.0

Digital asset exchange Huobi noted earlier this month that the ongoing upgrade of Ethereum (ETH), the world’s largest platform for building decentralized applications (dApps), is expected to make the original smart contract enabled blockchain “much more usable, scalable, and effective” — but it will also… Read More

Ethereum Is Arguably the Most Important DLT Project, but Time Will Tell if ETH2 Succeeds, Huobi Says

Huobi Global, a leading digital asset exchange, claims that when it comes to the blockchain and crypto sector, there are “arguably no blockchain projects more important than Ethereum.” The second-largest digital currency by market cap has also been credited with being “the mother of ‘Generation… Read More

Dr. Amrit Kumar: President at Zilliqa Explains How Platform’s Scilla Smart Contract Language Is Used to Develop Secure Applications

We recently caught up with Dr. Amrit Kumar, President and Chief Scientific Officer of Zilliqa, an enterprise-grade blockchain development platform. Many of the more popular iterations of blockchain are not sufficiently robust to handle the high transaction rates needed today – not to mention what… Read More

DeFi Protocol MANTRA DAO Announces Launch of Its Digital Assets Staking Platform

The developers at MANTRA DAO, a community-governed decentralized finance (DeFi) platform that aims to make staking, lending, and governance more accessible to traders and investors, have confirmed that they’ve officially launched their staking platform. The MANTRA DAO team noted that they’re pleased to announce that… Read More

Blockchain based Solution Developer Citadel.one Joins Ontology Global Community Contributor Network

The team at Ontology (ONT), a “high-performance” or high-throughput blockchain platform, have revealed that Citadel.one has joined the Ontology Global Community Contributor (GCC) network, an initiative that aims to effectively leverage blockchain or distributed ledger technology (DLT) to streamline real-world business processes. Citadel.one has been… Read More

Ethereum 2.0 Staking Support for Mobile, Web Apps to be Offered by Digital Asset Custody Provider Trustology

Trustology, a provider of custody solutions for crypto-assets, revealed on July 23, 2020, that it will be offering built-in Ethereum 2.0 (or ETH 2.0) staking support for mobile, web, or API integration to its user base – which includes both individual and institutional clients. Ethereum… Read More

Ethereum 2.0 Development Going Steady with Ethereum Foundation Introducing “Attack Networks” Bounty Program for Hackers for Testing Purposes

The Ethereum Foundation, an organization that supports the ongoing development of Ethereum (ETH), the largest blockchain-based network for building decentralized applications (dApps), has introduced several public “attack networks” for Ethereum 2.0, which is based on existing stable clients of the smart contract platform. These attack… Read More

Digital Asset Investors can Stake Qtum, a Top 50 Cryptocurrency, from Mobile, Hardware, Web Wallets, Offline Staking being Tested

Qtum (QTUM), a top 50 cryptocurrency platform with a market cap of more than $238 million at the time of writing (according to CoinGecko), recently published its Q2 2020 report. The team behind Qtum, which leverages Ethereum’s (ETH) smart contract functionality along with the security… Read More

As Ethereum 2.0 Mainnet Gets Ready to Launch, Co-founder Vitalik Buterin Admits Developers Overlooked Sharding, Proof of Stake Design Issues

Vitalik Buterin, the co-founder of Ethereum (ETH), the world’s largest smart contract platform, recently admitted that he would have approached the ongoing development of Ethereum a lot differently if he started building it now from scratch. Buterin, whose comments came during a recent episode of… Read More

Blockchain Infrastructure Developer Bison Trails to Add Support for Eth2, a Major System-wide Upgrade to Ethereum (ETH)

Bison Trails, a blockchain “infrastructure-as-a-service” company, revealed on July 1, 2020 that it will be adding support for Eth2, a major upcoming system-wide upgrade for the Ethereum (ETH) blockchain. Ethereum Version 2.0 (or Eth2) will involve a gradual transition from its current Proof-of-Work (PoW) consensus… Read More

Blockchain based Staking of Digital Assets Is Not like Traditional Bank Deposits because Process Involves Computer Code, Not Legal Entities, Software Developer Explains

Konstantin Kladko, the CTO at SKALE network who has a Ph.D. in Math and Physics, says staking of blockchain or distributed ledger tech (DLT)-based digital assets may be considered a license or permit to “do work which is limited in total.” He compares it to… Read More

ConsenSys Codefi Introduces Ethereum 2.0 Staking Pilot with Binance, Crypto.com, Huobi, Others

Binance, Crypto.com, DARMA Capital, Huobi Wallet, Matrixport, and Trustology will reportedly join the ConsenSys Codefi Staking Pilot Program, in order to gain early access to the Ethereum 2.0 staking solution. Ethereum 2.0 or Eth2 is a major system-wide upgrade to Ethereum (ETH), the world’s largest… Read More

Andreessen Horowitz backed NEAR Proof of Stake Blockchain Protocol to Receive Support from DLT Infrastructure Developer Bison Trails

New York-based Bison Trails, a blockchain or distributed ledger technology (DLT) infrastructure developer, will be adding support for NEAR, a sharded proof of stake (PoS) blockchain and app development platform that can power open finance solutions. NEAR received over $20 million in capital from VC… Read More

Ethereum 2.0 has “Fatal Flaws” in the Way Staking Ended up being Implemented, Konstantin Kladko from SKALE Network Claims

The developers of Ethereum (ETH), the world’s largest smart contract platform, have been working for many years on the ongoing development of Ethereum 2.0 or Eth2, which is a major systemwide upgrade that will involve a transition from the current proof of work (PoW) consensus… Read More

Blockchain Platform Algorand Introduces 250 Million ALGO Grants Program to Fund Research, Education, and Community Engagement Initiatives

Algorand (ALGO), a leading proof of stake (PoS)-based blockchain platform, recently revealed that it’s developing a trusted, public, and permissionless infrastructure (with the help of its community members) for the borderless global economy. The Algorand team announced: “In support of our mission, we are launching… Read More

Blockchain Governance: Block.one to Begin Staking and Voting on Decisions Involving the EOS Network in May 2020

Eos Block.One

Block.one, a Cayman Islands-registered firm that developed EOS, one of the largest platforms for building and deploying decentralized applications (dApps), has confirmed that it is planning to begin staking and voting on decisions and initiatives involving EOS in May 2020. Block.one’s management clarified that its… Read More

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