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On Friday, Electric Coin Company (ECC), the developers behind the privacy-centric crypto-asset zcash, revealed the network plans to transition to proof-of-stake (PoS) consensus. ECC also revealed the team plans to launch an official ECC wallet, as well as bolster the network’s cross-chain interoperability. Zcash to Change From PoW to PoS The Zcash network currently leverages … Read more
The massive upside move comes as a part of a rebound that started Friday after Electric Coin Company discussed the prospects of moving Zcash to proof-of-stake. Go to Source Powered by WPeMatico
Proof-of-work models are evolving to support the growth of Web 3.0. Here’s 3 projects that offer miners substantial rewards for supporting the network. Go to Source Powered by WPeMatico
Foundry, the Digital Currency Group (DCG) subsidiary and cryptocurrency mining and consulting firm from Rochester, New York announced the launch of a new platform on Wednesday called Foundry Staking. The company says the product currently supports 20 blockchain networks and will provide digital asset staking and advisory services going forward. Foundry Launches Staking Services The … Read more
The plunge points at a growing lack of interest among traders and investors to become “full validators” on its upcoming proof-of-stake blockchain. Go to Source Powered by WPeMatico
Following the Altair upgrade on the Ethereum network, the protocol’s native cryptocurrency reached a new all-time price high. Altair is the next step for the Ethereum’s network’s proof-of-stake (PoS) transition. However, a recently submitted white paper explains that a group of computer scientists from Stanford University and the Ethereum Foundation believe there are three attack … Read more
The VORTECS™ Score for IQ surged to a record high shortly before Everipedia announced that token stakers would receive special NFTs. Go to Source Powered by WPeMatico
Axie Infinity’s price surged to a record high above $118 following the release of a huge airdrop to early supporters and the launch of staking for AXS token. Go to Source Powered by WPeMatico
Launched in China in 2018, SparkPool controls over 22% of Ether’s hashrate as of today, second only to Ethermine. Go to Source Powered by WPeMatico
The second-largest cryptocurrency falls 13.30% versus Bitcoin’s 9.38% decline as China’s move scares investors away. Go to Source Powered by WPeMatico
