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US Congressmen Want IRS to Balance Taxation and Innovation in the Cryptocurrency Space
6.8.2020
A bipartisan quartet of US congressmen wants the IRS taxation policy not to dissuade taxpayers from participating in blockchain token staking. These politicians believe America’s ingenuity can help drive this promising staking technology. The four congressmen are Bill Foster (D) of Illinois...
US Lawmakers Don’t Want Proof-of-Stake Networks to Get Overtaxed
4.8.2020
Four U.S. congressmen have asked the IRS to clarify how block rewards from proof-of-state networks are taxed, to prevent taxpayers from owing more than they should
2020 Is Becoming the Year of Staking With Some Major Achievements
3.8.2020
While both PoW and PoS have a lot to offer, this year, in particular, is promising to be a special one for proof-of-stake
Triple-Entry Bookkeeping: How Satoshi Nakamoto Solved the Byzantine Generals’ Problem
3.8.2020
In 2008, Satoshi Nakamoto essentially solved the infamous computational issue called the “Byzantine generals’ problem” or the “Byzantine Fault.” Throughout the history of man, people used ledgers to record economic transactions and property ownership. A ledger is often...
Single Miner Reorgs Ethereum Classic – Devs Report a Chain Split
1.8.2020
Members of the Ethereum Classic team reported that the network suffered a reorganization (reorg) today. The blockchain network is asking service providers to halt deposits while it carries out maintenance of the chain. The latest event follows a similar attack in January 2019, which led to some...
Cardano Introduces Proof-of-Stake With ‘Shelley’ Hard Fork
30.7.2020
It's alive! Cardano has successfully hard forked to its major upgrade, Shelley, which introduced proof-of-stake to the network
A Birthday Look: 5 Years of Ethereum Network Updates, Delays and Changes
29.7.2020
Ethereum has come a long way since its 2015 beginnings, although its move into proof-of-stake has faced a bevy of delays
Proof-of-Stake Chains Team Up to Prove DeFi Is Bigger Than Ethereum
28.7.2020
Terra is joining forces with Cosmos, Web3 Foundation and Solana to roll out a DeFi product meant for a wider consumer audience. Meet Anchor
Staking on Ethereum 2.0 Takes First Step With Test System for Validators
28.7.2020
The transition to Ethereum 2.0 and its proof-of-stake consensus model is finally underway with a new test platform for future validators
Polkadot Passes Proposal to Make DOTs ‘More Ergonomic’
27.7.2020
Polkadot’s first major voting proposal passed with 86% in favor of multiplying the DOT supply 100-fold
Everything You Need to Know About Ethereum 2.0
24.7.2020
A new 22-page report from CoinDesk Research explains the technology behind Ethereum's upcoming overhaul – and the potential market impact of Eth 2.0
Proof of Stake Blockchain Expo: Virtual Event Examining PoS
24.7.2020
On July 28, The PoS Blockchain Expo will take place. According to Investopedia, “Proof of Stake (PoS) concept states that a person can mine or validate block transactions according to how many coins he or she holds. This means that the more coins owned by a miner, the more mining power he or...
Ethereum 2.0 Developers Announce ‘Final’ Testnet Before Network Launch
22.7.2020
Medalla, the final testnet before Ethereum begins its long-awaited, gradual transition to proof of stake (PoS), has been announced
A Polkadot-Based Project Wants to Unlock Staked Coins for DeFi Collateral
22.7.2020
A new project building on Polkadot received an investment of $600,000 to build liquid staking, a way of unlocking liquidity devoted to proof-of-stake
Velas Enters the Top 100 Coinmarketcap and Launches on Bitcoin.Com Exchange
20.7.2020
The blockchain network that is self-learning and self-optimizing and claims to be able to deliver up to 30,000 transactions per second with a speed of anywhere from 1 second to 2 minutes. Velas is a blockchain ecosystem that implements an AI-powered Delegated Proof-of-Stake (AIDPOS) consensus...
About 80% of ETH Supply Is Qualified for Staking, Says ConsenSys
17.7.2020
About 86 million ETH is held on non-exchange wallets containing enough Ether for staking on ETH 2.0
Blockchain Bites: Twitter Hack Fallout, A New Way to ‘Yield Farm’ and a Hurricane-Proof CBDC
16.7.2020
What the Twitter hack means for Bitcoin, why stablecoins are on the rise in Hong Kong and a new way to farm yield using NFTs on Ethereum
The Bahamas Edges Closer to Hurricane-Proof Digital Currency
15.7.2020
The Bahamas is betting that its mobile phone-based digital currency could be the key to faster post-disaster economic recoveries
MIT Crypto Group Researcher Says PoW Attacks Not Always Obvious
9.7.2020
James Lovejoy, a research assistant for Massachusetts Institute of Technology, or MIT, crypto and blockchain group the Digital Currency Initiative, explained blockchain attacks might not always be obvious
Avalanche Launch Fumbles: ‘A Highly-Sophisticated DDoS Attack Derailed Token Sale’
9.7.2020
On July 8, 2020, some members of the cryptocurrency community were prepared to leverage the AVA Labs Avalanche (AVAX) token sale, in order to acquire some of the highly anticipated coin on Wednesday. However, due to “record-breaking demand” and a “highly-sophisticated DDOS...