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#proof of stake
8 articles found
Latest
Restaking: A Strategy to Boost Capital Efficiency
April 2023 marked a pivotal update in the Ethereum blockchain with Shapella (Shanghai + Capella), enabling the withdrawal of ETH from staking. This innovation gave rise to restaking, a method that allows locked ETH to be utilized both within the Ethereum main network and across various protocols.
Decred: an overview of the PoW&PoS hybrid coin
Decred (DCR) is a cutting-edge digital currency that operates on its own blockchain, utilizing a unique hybrid PoS (Proof of Stake) and PoW (Proof of Work) consensus algorithm. This innovative approach enhances decentralization and fosters a balanced ecosystem for miners, stakers, and holders alike.
What is Proof of Space?
Proof of Space or Proof of Capacity is a consensus algorithm that emerged as an alternative to the expensive and resource-intensive Proof of Work and Proof of Stake. It allows you to mine cryptocurrency using a hard drive.
What is Offline Staking and Its Benefits?
Offline staking is a passive income strategy that involves staking tokens in pools without the need to expose your wallet's private key. It is available in networks employing the PoS (Proof of Stake) consensus mechanism.
What is delegated staking and how to calculate its profitability?
Delegated staking is the transfer of personal tokens to a trusted validator in order to earn income without setting up your own node. It's used in blockchains that rely on Proof of Stake (PoS) consensus algorithms.
Staking Redefined: POSA Updates Its Core Guidelines
The Proof of Stake Alliance (POSA), a non-profit that counts Ava Labs, Lido Protocol, Polychain among its members, has released new guidelines for staking providers.
Hive (HIVE): A Hard Fork of the Steem Blockchain
Hive is a scalable, L1 blockchain employing a Delegated Proof of Stake consensus algorithm. Constructed upon the Graphene blockchain software architecture, Hive can process transactions within a swift three-second window and takes pride in its minimal fees.
Can Bitcoin switch to Proof of Stake?
Bitcoin has been operating on the Proof of Work algorithm for 14 years. Mining confirms transactions: users connect their devices and are rewarded for mined blocks. But is it possible to upgrade the network by switching from mining to staking?
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