Tagged: proof of stake

February 18, 2022 @ 4:53 pm By Omar Faridi  |  

Solana (SOL) has become a major platform in the crypto space, after going live in early 2020. The high-speed, high-throughput, proof of stake chain is well-known for its fast transactions, scalability, and affordable fees (and also its recent performance/technical issues which have also been quite… Read More

February 7, 2022 @ 8:43 am By Omar Faridi  |  

Cardano (ADA) initially gained attention back in 2017 as one of the more anticipated Initial Coin Offerings (ICO) of that year. Over the years, the initiative persisted through an extended crypto bear market to earn its place among the top crypto-assets by market cap. In… Read More

January 5, 2022 @ 11:04 am By Omar Faridi  |  

Kyle Waters and Nate Maddrey from Coin Metrics have noted that after a “transformative” 2021 marked by all-time highs for most of the major digital assets and “key on-chain metrics,” expectations are now quite high for the crypto and blockchain space this year. In their… Read More

December 26, 2021 @ 11:28 am By Omar Faridi  |  

The team at digital asset platform CoinList notes that they are pleased to announce that registrations for the Agoric Token Sale are currently open. Agoric is a proof-of-stake or PoS chain utilizing JavaScript smart contracts to quickly create and launch decentralized applications (dApps). The sale… Read More

November 17, 2021 @ 2:49 pm By Omar Faridi  |  

The VeChain Foundation notes that after many months of hard work and dedicated effort, the arrival of Block #10653500 on the VeChainThor mainnet “officially marks the upgrade to PoA 2.0 phase 1 and the first steps towards the full-form of [their] protocol upgrade.” As they… Read More

November 12, 2021 @ 11:25 am By Omar Faridi  |  

Following testing of the network infrastructure and staking dynamics by more than 100 validators, Agoric, a JavaScript-native smart contract platform, has confirmed the introduction of its public chain (after the completion of a private token sale). As mentioned in an update shared with CI: “Committing… Read More

October 15, 2021 @ 11:56 am By Omar Faridi  |  

MEW (MyEtherWallet), the platform for accessing the Ethereum ecosystem, announced that users are able to earn rewards by staking their SKALE (SKL) tokens from within the MEW wallet mobile app. Skale Network is described as a “fully” decentralized Ethereum compatible multichain Proof of Stake network… Read More

August 8, 2021 @ 12:33 pm By Omar Faridi  |  

The team at Hedera Hashgraph has shared an update on their plans to go Carbon negative. The Hedera Hashgraph team notes that public blockchain and distributed ledger technologies (DLT) have “ushered in a new era of the web.” We now have the infrastructure required to… Read More

August 4, 2021 @ 4:50 pm By Tony Zerucha  |  

Blockswap’s Open Saver savings account allows eligible participants to benefit from holding green cryptocurrencies without needing advanced knowledge of the sector or even personal cryptocurrency holdings. It will also help users lessen their carbon footprint. Open Saver will offer a targeted return of seven per… Read More

August 1, 2021 @ 7:38 pm By Omar Faridi  |  

We recently caught up with Jacobo Toll-Messia, the Founder and CEO at Nahmii AS, which is focused on providing layer-2 scalability solutions for Ethereum (ETH), the world’s largest smart contract platform. Jacobo talked about the different approaches taken to effectively scale enterprise-grade blockchain or distributed… Read More

July 22, 2021 @ 9:53 pm By Omar Faridi  |  

Provenance is a Cosmos-powered blockchain whose goal is to create a “vibrant” ecosystem of decentralized financial (DeFi) services for a variety of financial institutions such as asset originators, fund managers, servicers, banks, and investors. The Proof of Stake (PoS) blockchain is “distinguished by three elements:… Read More

July 21, 2021 @ 9:08 pm By Tony Zerucha  |  

More than half (54 percent) of panelists in Finder’s latest Bitcoin Price Predictions Report believe Bitcoin will overtake fiat as the dominant form of global finance by 2050, with 29 percent believing it will happen by 2035. While Bitcoin’s value is predicted to drop to… Read More

July 6, 2021 @ 5:22 pm By Omar Faridi  |  

Sygnum Bank reveals that it has become one of the first banks to provide Ethereum 2.0 staking support. Customers are able to easily and securely stake Ethereum (ETH) via Sygnum’s institutional-grade banking service which can help with generating a substantial yield of up to 7%… Read More

May 28, 2021 @ 6:22 pm By Omar Faridi  |  

Bison Trails, a blockchain infrastructure platform-as-a-service company that was acquired by Coinbase, revealed on May 28, 2021 that it will be supporting the Helium Network’s blockchain upgrade to a proof-of-stake (PoS) consensus algorithm. This shift to PoS is being carried out to increase network reliability…. Read More

May 13, 2021 @ 9:09 pm By Omar Faridi  |  

After Elon Musk’s Tesla announced that it would no longer accept Bitcoin payments due to concerns regarding the excessive consumption of electricity (and fossil fuels) in BTC mining, the Cardano Foundation has come forward to suggest that Cardano (ADA) and Tesla could potentially be an… Read More

March 24, 2021 @ 7:46 pm By Omar Faridi  |  

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

March 16, 2021 @ 10:39 pm By Omar Faridi  |  

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

March 7, 2021 @ 2:16 pm By Omar Faridi  |  

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

February 18, 2021 @ 8:09 pm By Omar Faridi  |  

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

December 29, 2020 @ 10:22 pm By Omar Faridi  |  

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