Category: PoS

Tezos Foundation Hires PwC Blockchain Expert Roman Schnider

Roman Schnider is the co-creator of PricewaterhouseCoopers (PwC) Switzerland’s blockchain initiative and is now reportedly joining the Tezos Foundation as CFO according to a post from the Foundation.  Foundation Board Strengthens Operations Team in Zug After having worked for 15 years at PwC in various roles including investment banking specialist […]

Cardano Staking To Go Live on Testnet in June – What Does It Mean For Investors?

The Cardano (ADA) project will soon release its highly anticipated Shelley update, which will bring such upgrades as a Proof-of-Stake consensus mechanism. The project is expected to release its testnet in June which will give users a sense of what the major upgrade will be like. #Cardano Shelley testnet coming […]

Blockchain 101: What Is Sharding in Blockchain?

About Sharding Sharding technology has appeared long before blockchain and has been used in a number of systems from business database. Sharding is a method which horizontally partitions data within a database. The database is fragmented into smaller parts called “shards”, and then they are put together to form the […]

Command Chain Protocol: PoW with Bulletproof Technology Under the Hood

By nature, a blockchain is a distributed database; a ledger designed to ensure decentralization. The backbone of the network is the protocol lying at its core. Different protocols were designed for different types of blockchains, including but not limited to the two most famous ones: proof-of-work (PoW) and proof-of-stake (PoS). […]

Vitalik Buterin Proposes Higher Staking Rewards for Upcoming ETH PoS Algorithm

Ethereum co-founder Vitalik Buterin proposed a higher staking reward for the upcoming proof-of-stake (PoS) algorithm implementation on the Ethereum blockchain on GitHub on April 20. Per the proposal, 2,097,152 ether per year would be issued when 134,217,728 ether is staked and validating transactions, resulting in an annual return for stakers […]