Final Toncoin Mined Ahead of Transition to Proof-of-Stake
The final TON was mined at around TKTK, signaling toncoin’s transition from a largely proof-of-work (PoW) model to proof-of-stake (PoS). Original Source
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ProofofStake
Según Morgan Stanley, la demanda de GPUs podría ralentizarse si Ethereum pasa a proof-of-stake
La demanda de GPUs debería ralentizarse, pero Nvidia (NVDA) está menos expuesta a la demanda de minería de cripto que en 2017-19, según la nota. Además, la demanda de minería de ese sector, que contribuyó a la escasez de tarjetas gráficas, comenzó a disminuir en la primera mitad del año,
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GPU Demand Likely to Slow if Ethereum Moves to Proof-of-Stake
Both Nvidia and AMD (AMD) have argued that they have minimized the downside scenarios from crypto, but Morgan Stanley is of the view that there will be a correction lower in gaming GPU in the first quarter of next year. This will be due to a combination of factors including
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Ethereum May Be Switching From Proof-Of-Work to Proof-Of-Stake in August
Ethereum, like Bitcoin, uses Proof-of-Work (PoW) on its system. Ethereum, which made known its intention to shift from a PoW to PoS (Proof-of-Stake) network for more than a year, is now going about finalizing this process. Shifting to PoS will likely help solidify Ethereum's stance as a leader in the crypto space.
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ZCash (ZEC) Could Soon Transition to Proof-of-Stake as a Means of Driving Sustainable Growth
Summary: The Electric Coin Company has initiated research on a possible transition of ZCash from a proof-of-work mechanism to a proof-of-stake. The research will focus on shielded wallet UX and security, cross-chain interoperability, proof-of-stake security, issuance rate, on-chain governance, and reducing the protocol’s complexity. The rationale behind exploring ZCash’s possible switch to a
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Will a Proof-of-Stake Ethereum Lead to More Centralization?
Lido, Coinbase, Kraken and Binance, the four largest validator node operators on Ethereum’s PoS Beacon Chain, have amassed a 54% share of all ETH staking activity, according to Nansen. Lido’s dominance, by virtue of controlling roughly 33% of total ETH staked on Ethereum’s PoS blockchain, has raised centralization worries in
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Bitcoin switch to proof-of-stake remains unlikely
Bitcoin (BTC), the original cryptocurrency that started it all and even today continues to drive the market sentiments, has faced numerous challenges along the way. The latest challenge seems to be around its mining consensus, proof-of-work (PoW) and its consequent impact on the environment.Bitcoin network’s high energy consumption was one
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Solana Co-Founder Believes Bitcoin Needs to Change to Proof-of-Stake Consensus to Remain Relevant – News Bitcoin News
Anatoly Yakovenko, one of the co-founders of Solana, the proof-of-stake based, smart contracts enabled blockchain, issued a series of statements criticizing bitcoin’s consensus algorithm. In an interview on CNBC, Yakovenko stated that bitcoin might lose adoption if it doesn’t change to a proof-of-stake (PoS) consensus algorithm. Other organizations have also
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Here’s how Ether options traders could prepare for the proof-of-stake migration
Ethereum's long-awaited transition away from proof-of-work (PoW) mining has recently suffered another delay and is expected to occur in the second half of 2022.Ethereum developer Tim Beiko stated on April 13 that "it won't be June, but likely in the few months after. No firm date yet, but we're definitely in
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Staking Solution Chorus One Launches Up to $30M Proof-of-Stake Investment Fund
Chorus One has previously deployed “millions” of dollars to 26 projects before formally setting up a venture investment arm, according to Meegan. The company has prioritized investments in networks where the company runs nodes, the mechanisms that make staking possible. The staking provides deep technical knowledge, rewards, tokens and revenue,
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