Key Points of the EOS Proof-of-Stake VS Ethereum Proof-of-Work Argument   Live Bitcoin News Key Points of the EOS Proof-of-Stake VS Ethereum Proof-of-Work Argument Live Bitcoin News
If you have been trying to make sense of the Ethereum VS EOS debate, you'll most likely have heard about the terms proof-of-stake and proof-of-work. One of the biggest talking points of the EOS VS Ethereum debate is the consensus protocols of both platforms. EOS uses a proof-of-stake (POS) protocol while Ethereum uses a Proof-of-work protocol. Interestingly, the difference in the consensus system of the two coins is influencing how investors and traders perceive them. For instance, The price of EOS cryptocurrency has jumped 107% this year while Ethereum has lost 10% in the same period. However, for the average cryptocurrency trader/investor, not much effort has been placed into explaining the key similarities and differences, and why such distinctive features could influence your trading and investment decisions. This piece examines the key features of proof-of-stake VS proof-of-work. This publication was first found by us on January 06, 2019 9:17 PM. Share this content on social media: Have a look at www.livebitcoinnews.com for more. Reply to Topic

Proof of Stake (PoS)   Bitcoin Wiki Proof of Stake (PoS) Bitcoin Wiki
Proof of stake(PoS) is a method of securing a cryptocurrency network through requesting users to show ownership of a certain amount of currency. It is different from proof-of-work systems that run hashing algorithms to validate electronic transactions. It is most commonly used as a supplement to proof-of-work in Peercoin and a few other electronic currencies. Proof-of-stake must have a way of defining the next valid block in any blockchain. Selection by account balance would result in (undesirable) centralization, as the single richest member would have a permanent advantage. Instead, several different methods of selection have been devised. This publication was retrieved by us on December 23, 2018 8:36 PM. Share this content on social media: You may want to visit en.bitcoinwiki.org for more. Reply to Topic

The Creator of Proof-of-Stake Thinks He Finally Figured It Out - CoinDesk The Creator of Proof-of-Stake Thinks He Finally Figured It Out - CoinDesk
Known for creating the first proof-of-stake-based cryptocurrency, pseudonymous developer Sunny King is back with an idea that's sure to surprise adding hardware. Proof-of-stake, or PoS, has been heralded as a more ecological way to come to consensus on blockchains since it doesn't rely on expensive hardware using vast amounts of electricity to compute mathematical puzzles (for instance, like bitcoins proof-of-work). As a result of this, and the algorithm's ability to handle more scale, various high-profile blockchain projects, including EOS, Tezos, NEO and Cardano, have adopted the system. But according to King, by reworking the algorithm to allow for specialized hardware, PoS will be even better suited for high-speed transaction throughput. This share was first seen by us on September 07, 2018 3:00 AM. Share this content on social media: You may want to visit www.coindesk.com to find more similar content. Reply to Topic

Dash Cryptocurrency: Everything A Beginner Needs To Know Dash Cryptocurrency: Everything A Beginner Needs To Know
By:Sudhir Khatwani In:Dash Last Updated:25/09/2018 FOMO The fear of missing out Ever since the end of December 2016, when Bitcoin crossed the $1000 mark, cryptocurrency investment has gone crazy. At the end of 2016, the cumulative cryptocurrency market stood at $17 billion. Now at the time of writing, it's at a whopping $110 billion. This a tremendous growth of +500% in just six months. Is it a bubble waiting to burst Or is this Internet of Money thing real? Just like how the internet made content and information decentralized, the same is happening with money. Bitcoin's blockchain technology is making money decentralized. This publication was obtained by us on July 08, 2017 12:40 PM. Share this content on social media: Check out coinsutra.com to find more similar content. Reply to Topic

Aggregated news and features about proof of stake Titles, images and descriptions not entered by Crypto.BI are Copyright(C) their original authors, all rights reserved.


Send us news tips, suggestions or general comments by email: contact [at] crypto.bi