Proof-of-Stake Archives - The Defiant
PoW Die-Hards Plan to Fork and Mine Their Own Ethereum Chains After The Merge
It Won’t be Easy to Operate in a PoS World
SushiSwap Votes to Let Traders Offset Carbon Emissions
DEX Joins Forces with Polygon and KlimaDAO in Climate Change Move
Lido Voters Reject Limiting Growth In Key Move For Eth2
Community Members Reject Move Favored by Buterin
Ethereum’s Ropsten Testnet Merge Is Complete
On June 8, the public Ropsten testnet transitioned from Proof-of-Work consensus to Proof-of-Stake.
The Merge Works! Ethereum’s Passes Major Test in Shift to Proof of Stake
Ethereum just passed a big test as The Merge was completed.
Smart Contract Platform NEAR Gains Momentum with Plan to Distribute 40M Tokens
This research piece explains NEAR, a smart contract protocol that uses a sharded public Proof-of-Stake blockchain.
Fantom Deploys High-Speed PoS to Solve the ‘Blockchain Trilemma’
While the ever expansive world of decentralized finance is improving on its traditional counterpart the web3 is not without its problems. For example, to maintain an optimal state of functionality, commonly used assets like Bitcoin need to compromise between one of three core components: scalability, security, or decentralization. This concept is known as the “blockchain …
SharedStake Down 95% After Insider Exploit
SharedStake, a decentralized ETH2.0 Staking-as-a-Service protocol, is in disarray after a suspected inside job. In a series of transactions on June 19 and June 23, a ‘rogue developer’ withdrew $500K worth of SGT, the project’s governance token, from the team’s allocation. These tokens were locked in a vesting contract and were meant to be unlocked …
Stakehound Accuses Fireblocks of Losing $74M of ETH
It’s a he said-she said scenario, and it’s about more than $74M in ETH. Stakehound, a service which gives users a synthetic asset to trade for their staked Ether, has accused Fireblocks, a digital asset security firm, of losing 38,178 ETH. The Ether, worth $74.4M at the time of writing, is staked in the ETH …
Musk and Saylor Catch Flak for Bitcoin Mining Council Gambit
What were they thinking? When billionaires Elon Musk and Michael Saylor met behind closed doors with some of North America’s biggest Bitcoin miners on May 24 they were asking for trouble. The two Bitcoin champions were certainly confronting a big problem: In recent weeks the long simmering concerns about the soaring amount of power consumed …
Risks and Rewards of Becoming an Eth2 Validator
The deposit contract for Ethereum’s new proof-of-stake chain was released today. If ~524k ETH is deposited this month, the new chain will go live on Dec.1. Potential rewards for contributing to that pile of ETH are enticing, but as is usually the case with high returns, there’s also high risk. So far, 5.7K ETH from …
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