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# Proof of Stake News

May 11, 2018 by at Altcoins, News, Tech
On May 8, 2018, the popular privacy-centric cryptocurrency project PIVX launched zPIV staking, the world’s first anonymous proof-of-stake consensus system. Anonymous Payment Project PIVX, which stands for Private Instant Verified Transaction, is one of the most promising anonymous cryptocurrencies in the market thanks to its active community and continuous network...
Built on the ethos of a completely decentralized network, Bitcoin’s protocol is unfortunately maintained by profit-driven mining entities like Bitmain, that place greater interest in their own benefit rather than the technology’s. Now, the mining giant is looking to achieve greater mining control in other coin protocols as well, such...
April 2018 marked a significant milestone in the history of Bitcoin (BTC) - its 17th million block was mined, out of a total of 21 million. However, with the benchmark taking only nine years to reach, the community fancies a related question: What happens after all 21 million blocks have...
As per a developer meet on April 20, 2018, the much awaited consensus code for Ethereum is ready to be reviewed. Greener Pastures First mentioned in the Ethereum improvement proposal (EIP) 1011, the code marks a step away from energy-intensive mining operations for the ethereum network. The process, called “minting”...
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...
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