Proof-of-Stake

Bitcoin’s Share of PoW Mining Rewards Now Above 80%

Rewards received by bitcoin miners form a major chunk of the salaries paid across major proof of work (PoW) blockchains, according to Yassine Elmandjra, a cryptocurrency analyst from ARK Invest. For example, bitcoin miners were paid over $15 million worth of the cryptocurrency as incentive to mine blocks and secure the network on Jan. 9. …

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Ubisoft Might Be The First Major Games Company To Geek Out Over Blockchain

It’s already well-theorized that it’s not cryptocurrency or decentralized finance apps, but gaming that will actually drive blockchain use cases in the real world. While this has moved many smaller development companies and hobbyist programmers to release their own blockchain-driven games, distributed ledger technology’s reception among mainstay gaming companies has so far largely been neutral. …

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Buterin Wants to Speed Up Ethereum 2.0 Transition With ETH1-Friendly Validators

Ethereum co-founder Vitalik Buterin has recently published an alternative proposal for an early transition to Ethereum 2.0. In a Dec. 23 post on the ETH Research forum, Buterin has set out an “accelerated schedule” for the transition from Ethereum 1.0 to Ethereum 2.0 through a new type of ETH validator referred to as “eth1-friendly validators.” …

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Italian Copyright Authority and Algorand Develop Blockchain Ecosystem for Copyright Management

The Italian Society of Authors and Publishers (SIAE) has teamed up with Algorand to develop a new ecosystem for copyright management, based on Algorand’s recently launched blockchain platform. SIAE had already started to develop the project – with the help of “La Sapienza” University of Rome and consulting company Blockchain Core. SIAE has now decided …

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Ethereum Devs Reconsider ‘Difficulty Bomb’ Timing as Hard Forks Loom

In light of the earlier-than-expected uptick, Conner drafted EIP 2384, the Istanbul/Berlin Difficulty Bomb Delay, included in EIP 2387. In a little over six weeks, block times have increased from 13.1 to 14.3 seconds, Conner said. And, as the difficulty bomb is an exponential feature of ethereum, a one-second change has large implications down the …

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Coinbase Will Now Reward Users for Holding This Cryptocurrency

Coinbase is for the first time allowing general users to earn rewards by simply holding cryptocurrency, starting with the Tezos (XTZ) token. In a company blog Wednesday, Coinbase said U.S. customers (bar residents of Hawaii and New York) can now stake the smart contract platform’s crypto with an estimated five percent annual return. Tezos uses an …

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CasperLabs Shows First ‘Provably Safe’ Ethereum PoS Protocol ‘Highway’

Ethereum development firm CasperLabs announced “Highway,” allegedly the first correct-by-construction Casper Proof of Stake (PoS) implementation that is provably live and safe. Provably safe and live According to a press release shared with Cointelegraph on Nov. 1, a protocol is safe if it is consistent in its decision and live if it guarantees a decision. …

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Crypto Custodian BitGo Launches Staking Services for Dash, Algorand

Digital asset financial services firm BitGo has launched a new staking service for the clients who store their assets with its qualified custodian subsidiary BitGo Trust. A press release published on Oct. 3 revealed that the new service will initially launch with altcoins Dash (DASH) and Algorand (ALGO), with more assets to be supported in …

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Crypto Custodian Bitgo Launches Staking for Dash, Algorand

Crypto custodian BitGo has added staking to its services, beginning with cryptocurrencies dash and algorand, the company said. Through BitGo Staking, coin holders can earn between 7 and 13 percent annual returns. A consensus mechanism first promoted by ethereum co-founder Vitalik Buterin, consensus mechanism Proof-of-Stake (PoS) rewards token holders with percent yields of a coin, …

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Binance Lists Tezos With 3 XTZ Pairs — CEO Hints at Staking Soon

Binance CEO hinted at staking Tezos (XTZ) as the major crypto exchange listed the cryptocurrency for trading on its platform. XTZ deposits are now live On Sept. 23, Binance officially announced the listing of Tezos, launching three new trading pairs featuring the major cryptocurrency Bitcoin (BTC), top stablecoin Tether (USDT) and Binance’s native token Binance …

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