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Total Ether Deposits in Ethereum 2.0 Hits New ATH as Interest in Proof-of-Stake Model Rises
proof-of-stake

Total Ether Deposits in Ethereum 2.0 Hits New ATH as Interest in Proof-of-Stake Model Rises

The total number of Ethereum deposits in ETH 2.0 continues to climb as it recently set a new all-time high.

Trump’s Proposed Capital Gains Tax Cuts Could Benefit Ethereum 2.0 Stakers
proof-of-stake

Trump’s Proposed Capital Gains Tax Cuts Could Benefit Ethereum 2.0 Stakers

President Donald Trump has proposed a capital gains tax cut which may greatly benefit United States cryptocurrency traders—particularly those planning to stake on Ethereum 2.0.

Why the proof-of-work chain is a solution to the Byzantine Generals' Problem
proof-of-stake

Why the proof-of-work chain is a solution to the Byzantine Generals' Problem

Why the proof-of-work chain is a solution to the Byzantine Generals' Problem

Cardano’s Shelley Mainnet Code Launch at Virtual Summit Could be a Catalyst for ADA Price Rally
proof-of-stake

Cardano’s Shelley Mainnet Code Launch at Virtual Summit Could be a Catalyst for ADA Price Rally

Prior to the bearish slump, Cardano’s ADA cryptocurrency has risen around 50% since late May 2020, in light of the news of its Shelley upgrade. The Shelley mainnet is a decentralized network of community nodes operating on a proof-of-stake consensus protocol, with less central governance coming from the developers.

Partner at Proof of Capital Presumes That China’s Digital Currency Could Go Live in No Time
proof-of-stake

Partner at Proof of Capital Presumes That China’s Digital Currency Could Go Live in No Time

In her view, Edith Yeung, fund manager, and partner at Proof of Capital, a blockchain-based venture capital fund, presumed that the Chinese Government could launch their digital currency, virtual yuan, in no distant time, assumably, within the next six to twelve months.

Ethereum's Switch to Proof-of-Stake Will be 'Substantial' to the Industry, Binance Research Suggests
proof-of-stake

Ethereum's Switch to Proof-of-Stake Will be 'Substantial' to the Industry, Binance Research Suggests

Binance’s latest research report published on Oct. 28 stated that Ethereum’s upcoming switch to Proof-of-Stake (PoS) from Proof-of-Work (PoW) is expected to take a ‘most substantial’ portion of the crypto market’s attention.

Kraken’s Ethereum 2.0 Staking Service Is a Success, With More Than 100,000 ETH Secured
proof-of-stake

Kraken’s Ethereum 2.0 Staking Service Is a Success, With More Than 100,000 ETH Secured

US-based Kraken has been among the crypto exchanges that has welcomed Ethereum 2.0 staking with open arms.

Ethereum Hits Major Bullish Milestones in Anticipation of the ETH 2.0 Staking Upgrade
proof-of-stake

Ethereum Hits Major Bullish Milestones in Anticipation of the ETH 2.0 Staking Upgrade

Ethereum wallets containing 32 more or more ETH, the amount needed to stake a validator node under the upcoming ETH 2.0 upgrade has hit an all-time high. The number of Ethereum network balances with 32 ETH or more has been nearing 120,000, in anticipation of the proposed ETH 2.0 update. Validating nodes will be replacing miners in the current proof-of-work system to validate transactions to maintain the Ethereum blockchain. Over the year, the number of wallets holding at least 32 ETH has risen around 15 percent, according to Nansen AI. Although the ETH 2.0 upgrade has been delayed several times, the major upgrade is expected to be deployed in July.

More Than 700,000 ETH Staked for Ethereum 2.0 Launch
proof-of-stake

More Than 700,000 ETH Staked for Ethereum 2.0 Launch

The amount of Ethereum (ETH) locked up in the smart contract needed to transition to a proof-of-stake protocol from the current proof-of-work has surpassed the 700,000 mark.

Ethereum 2.0 Goes Live and ETH Plunges by 9%: Here’s What You Need to Know
proof-of-stake

Ethereum 2.0 Goes Live and ETH Plunges by 9%: Here’s What You Need to Know

Ethereum 2.0 Phase 0 has just launched today. Phase 0 of Ethereum 2.0, also known as the Beacon Chain will introduce a new consensus mechanism to the network.

Payment Giant Visa Sets to Modify PoS Charges to New Business Categories
proof-of-stake

Payment Giant Visa Sets to Modify PoS Charges to New Business Categories

United States-based merchants are set to see an adjustment in fees to be paid as part of huge updates of payment giant Visa point-of-sale (PoS) system.

Ripple to Cash In One-Third of its Stake in MoneyGram
proof-of-stake

Ripple to Cash In One-Third of its Stake in MoneyGram

Leading blockchain payments company Ripple plans to sell a third of its stake in American money transfer firm MoneyGram.

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