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BITCOIN PRICE: 6,437.22     HIGH: 6,470.00     LOW: 6,393.59

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Vizag Fintech Festival • October 22-26, 2018

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Search Results for: Proof of stake

Vitalik Buterin’s Seven Deadly Crypto Sins: Centralized Proof of Stake

Category: Altcoins, Bitcoin, Blockchain, Business, Cryptocyclopedia, Ethereum

Vitalik Buterin’s Seven Deadly Crypto Sins: Centralized Proof of Stake

In the following series, BTCManager will be walking through, in detail, seven questions posed by the co-creator of Ethereum. These seven questions are some of the most relevant features of this booming ecosystem. From centralization, as in this week’s installment, to governance and everything in between. The series was inspired by a discussion between Buterin and a WeChat group called…

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New Project Aims to Release a Pool for Proof of Stake Blockchains

Category: Press Releases

New Project Aims to Release a Pool for Proof of Stake Blockchains

A team of developers based in Switzerland say they are in the final stages to launch a pool that will let anyone holding PoS coins stake together and share rewards Pool of Stake has an ambitious objective in the blockchain world: creating ta pool to stake Proof of Stake tokens. You probably know that many blockchains are using a different…

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Proof of Stake Altcoins You Can Profit From Without a Mining Rig

Category: Altcoins, Blockchain, Finance, News, Tech

Proof of Stake Altcoins You Can Profit From Without a Mining Rig

Most cryptocurrencies usually validate transactions over their network with the help of miners, employing what is known as the Proof of Work (PoW) system.  A rival concept, however, named proof of stake, may finally change all of that and transfer the power of decentralization from miners to actual users of the cryptocurrency. Coins that are mined using PoW are termed…

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Vitalik Buterin Confirms Ethereum’s Proof of Stake 75 Percent Complete

Category: Blockchain, Ethereum, News, Tech

Vitalik Buterin Confirms Ethereum’s Proof of Stake 75 Percent Complete

At the Taipei Ethereum Meetup, Vitalik Buterin, one of the co-founders and lead developers of Ethereum, revealed that the development of a proof of stake protocol for the Ethereum network is 75 percent complete. Prior to the announcement of Buterin, in a recent interview, Ethereum Foundation member and Ethereum co-founder Hudson Jameson released the foundation’s official roadmap for Ethereum development…

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Proof of Work Flaws: Ethereum Lays Out Proof of Stake Philosophy

Category: Bitcoin, Commentary, Ethereum, News, Tech

Proof of Work Flaws: Ethereum Lays Out Proof of Stake Philosophy

From December 4, the bitcoin price was $749.99 and increased to a high of $1120.51 on January 6, settling around $880 at the time of writing. This continuous increase of the price of ‘digital gold’ has been attracting people around the globe to mine Bitcoin. Since mining provides an opportunity for people to create income, they are incentivized to facilitate…

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Ripple CTO Holds Bitcoin despite Thinking Proof-Of-Work Has no Future

Category: Altcoins, Bitcoin, Blockchain, Commentary, News

Ripple CTO Holds Bitcoin despite Thinking Proof-Of-Work Has no Future

David Schwartz, one of the original architects of the Ripple consensus network, doesn’t see XRP being the one digital asset to rule them all any time soon and holds an unspecified amount of bitcoin despite calling its Proof-of-Work consensus algorithm a “technological dead-end.” Ripple CTO Offers Interesting Insight David Schwartz, the newly appointed CTO and former chief cryptographer at Ripple,…

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Binance Coin, Stakecoin, and BlakeStar: The Top Performing Cryptocurrencies of March 2018

Category: Altcoins, Finance, News

Binance Coin, Stakecoin, and BlakeStar: The Top Performing Cryptocurrencies of March 2018

March 2018 continued to see the crypto markets correct. Even with a further correction and continued bearish trends in the crypto markets a few altcoins actually bucked the trend and saw positive returns in March; these coins included Binance Token, Stakecoin, and BlakeStar. State of the Market The beginning of March saw bitcoin (BTC) approach the $11,000 mark on March…

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Cobra Writes an Open Letter Suggesting Bitcoin’s Proof-of-Work Algorithm be Changed

Category: Bitcoin, Commentary, News, Tech

Cobra Writes an Open Letter Suggesting Bitcoin’s Proof-of-Work Algorithm be Changed

Cobra, who is the co-owner of bitcoin.org and bitcointalk.org, two of the world’s most vibrant bitcoin communities, has written an open letter to the entire Bitcoin ecosystem. The Letter claims that the current proof-of-work algorithm of Bitcoin, originally created by Satoshi Nakamoto, needs to be changed because it is a disaster waiting to occur. It’s Been a Long Time Coming…

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Cryptocurrency BitBay Announces Website Re-Launch; Fork to Increase Stake Rewards from 0.1 to 1 Percent

Category: Press Releases

Cryptocurrency BitBay Announces Website Re-Launch; Fork to Increase Stake Rewards from 0.1 to 1 Percent

This season is bustling with activity from BitBay, a proof of stake cryptocurrency with the most advanced, decentralized marketplace application in the industry, as they roll out new features and upgrades to their blockchain technology. Today, BitBay announces the re-launch of their website on November 20. This website will create an ‘online’ portal for BitBay’s decentralized marketplace, main communication hub…

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PIVX Will Soon Implement Zero-Knowledge Proofs

Category: Altcoins, News, Tech

PIVX Will Soon Implement Zero-Knowledge Proofs

To augment their privacy offering, PIVX announced on May 25 that the community will work toward the implementation of Zero-Knowledge Proofs, allowing users to mint and spend coins with no transaction history. At present, PIVX users’ privacy is enforced via wallet coin mixing, using an advanced version of CoinJoin, facilitated by a decentralized network of masternodes. However, this is not…

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