News about Proof Of Stake

More / Etherum Reddit - 2 years ago

Some questions on ethereum proof of stake

Hello, I just wanna ask some questions on ethereum proof of stake mechanism. So, I understand that there are validators which validate transactions, and that you need to stake some amount of coin to become validator. More coin you stake, more validat...

More / Etherum Reddit - 2 years ago

I need some help on Proof of stake

It seems to me although I'm still working through this that proof of stake can be abusively used to turn a decentralized system into a centralized one. In essence are you not just paying to be a trusted node in the system. Obviously the higher th...

More / Etherum Reddit - 2 years ago

Question on Proof of Stake Computing Power

Hello guys and gals, I have a question about where exactly the processing power for proof of stake networks comes from. I understand that there is a lot less processing power required for proof of stake systems, however, I understand that it is nonet...

More / Etherum Reddit - 2 years ago

When do we get ETH2 (full proof of stake)?

I’m new to crypto and lacking a lot of knowledge. Basically I’m hoping some of you would respond to my questions in a “Explain me like I’m 5” style. Thank you in a advance kind strangers. What I undeserved is that ETH is moving to proof of stake prot...

More / Etherum Reddit - 2 years ago

Proof of Stake - Where are the nodes?

I'm currently researching proof of stake and trying to wrap my head around the whole concept, and one thing that I have yet to be able to find information on is...where are these "nodes" that are actually doing the computation to approv...

More / Etherum Reddit - 2 years ago

Proof of stake computational work?

Hey so I have a question regarding the computational work being doing in ethereums pos environment (but really it's a broader question to a proof of stake environment as a whole). My understanding is between pow and pos, you're no longer rel...

Cryptocoins News / NewsBTC - 2 years ago

Proof of Work Vs Proof of Stake – Laneaxis

The cryptocurrency world has been adapting to the current demands and generating new consensus algorithms with better functionalities. The first consensus algorithm was the Proof of Work algorithm, but today there are various protocols such as Proof...