Tagged: proof of stake

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

Digital Asset Services Platform RockX Launches With a Mission to Accelerate Staking-As-A-Service

RockX, a new digital asset services platform, has been launched by Alex Lam, Founder of RockMiner, to bridge the gap between the cryptocurrency veterans and novices and to further accelerate the development of Proof-of-Stake (PoS) public blockchains. RockX will initially serve as a Staking-as-a-Service platform… Read More

Cryptic Labs Announces New Partnership With Fractal Platform: Now Seeking to Solve Some Blockchain Fundamental Limitations

Cryptic Labs, a research accelerator primarily focused on solving fundamental problems in security and economics to advance the viability and growth of the blockchain, announced on Tuesday it has formed a partnership with Fractal Platform to provide what it believes is rigorous economic modeling and bespoke research… Read More

Digital Asset Management Firm HyperChain Capital Adds Professional Proof of Stake Service

Singapore based HyperChain Capital, a digital assets management platform, has launched HyperBlocks Pro, described as a “professional proof of stake service.” The PoS service is said to be the first in the world backed by a major blockchain firm. HyperChain believes that more blockchain companies… Read More

Food for Thought: Will Ethereum’s Shift to Proof of Stake, from Proof of Work, Turn it Into a Security?

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

Here is an interesting thread I was following recently on Twitter. As we all know, Ethereum is planning to change from Proof of Work (PoW) to Proof of Stake (PoS). There is no need to dive into the pros/cons .. shoulda coulda debate now, but… Read More

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