Proof-of-Stake
ClayStack CEO on Proof of Stake, DeFi Yields, Ethereum Merge
ClayStack CEO Mohak Agarwal discusses his company’s findings after compiling insights from 999 proof-of-stake crypto users. Agarwal explains the technical differences between proof-of-work and proof-of-stake, the financial benefits of DeFi yields, and Ethereum’s highly anticipated merge to PoS.
Solana Goes Dark For 7 Hours as Bots Swarm 'Candy Machine' NFT Minting Tool
The Solana network went dark Saturday night after bots swarmed the NFT mining tool Candy Machine, resulting in an unprecedented amount of traffic on the proof-of-stake chain. “The Hash" group discusses the native SOL token’s price reaction to the incident, as well as issues with scaling blockchains and Solana’s ambition as an “Ethereum-killer.”
Michael Saylor, Jack Dorsey Among Bitcoin Heavyweights Defending Mining in Letter to EPA
Bitcoin mining sites are no different than data centers operated by mega-cap tech firms such as Amazon, Apple, Google, Meta and Microsoft, the authors wrote.
Wikipedia to Stop Accepting Crypto Donations on Environmental, Other Grounds
The announcement follows a vote by the Wikimedia community in which 71.2% voted in favor of a proposal to stop accepting cryptocurrency.
So What If Ethereum Foundation Holds Fiat?
According to the Ethereum Foundation’s (EF) 2022 annual report, the non-profit organization holds $300 million, nearly 20% of its treasury, in non-crypto investments. “The Hash” group discusses the extensive size of the Ethereum Foundation's treasury, the need for fiat investments given crypto market volatility, and Ethereum's highly anticipated merge to a proof-of-stake consensus mechanism.
GPUs Get Cheaper as Ethereum’s Switch to Proof-of-Stake Gets Closer
The network's planned switch to PoS has been pushing prices for graphics cards down.
US House Democrats Call for Scrutiny on Crypto Mining as Environmental Threat
Rep. Huffman and other congressional Democrats wrote the EPA chief on the potential harm to the climate and environment.
Algorand Plans to Black Out Times Square Ahead of Earth Day
The Algorand Foundation will darken New York City’s Times Square ahead of Earth Day, aiming to debunk myths about the carbon impact of blockchain technology and bring awareness to the environmental costs of Times Square billboards.
Algorand Rents Times Square Billboard to Tout Green Cred Ahead of Earth Day
The ad buy comes with a “dark” twist.
Ethereum Merge Pushed Back: What to Expect
Galaxy Digital’s Christine Kim discusses Ethereum’s highly anticipated merge to proof-of-stake following a statement from core developer Tim Beiko that it will not be delivered in June. Kim explains the complexity of this shift, how it will reduce Ethereum’s energy consumption and the impact it could have on investors and traders.