Proof-of-Stake


Politiche

Proposal Limiting Proof-of-Work Is Rejected in EU Parliament Committee Vote

The provision could have required cryptocurrencies like bitcoin to shift to more environmentally friendly mechanisms.

European Parliament. (Shutterstock)

Politiche

Bitcoin-Banning Measure Seen Too Close to Call in Monday's EU Parliament Vote

Still, people familiar with the matter said a slim majority of parliamentarians could defeat a controversial new MiCA provision that seeks to force proof-of-work cryptocurrencies to shift to more energy-friendly consensus mechanisms.

EU parliament plans to vote on a controversial provision that seeks to limit the use of proof-of-work crypto mining. (Walter Zerla/Getty Images)

Politiche

Limiting Proof-of-Work Crypto Back on the Table as EU Parliament Prepares Virtual Currencies Vote

A provision looking to force proof-of-work cryptocurrencies like bitcoin to switch to the more environmentally friendly proof-of-stake consensus mechanism is in a draft of MiCA up for a parliamentary vote on Monday.

The EU parliament is set to vote on a crypto legislative package that may seek to limit the use of proof-of-work cryptocurrencies. (Laura Zulian/Getty Images)

Politiche

Crypto Tax Pros Throw Cold Water on Staking Excitement

Recent media excitement over a lawsuit partially funded by the Proof of Stake Alliance (POSA) has caused confusion over crypto taxes, but experts say it's best to remain cautious.

(Witthaya Prasongsin/Getty Images)

Video

Ava Labs CEO on Avalanche Development, Web 3 and State of Crypto Markets

Emin Gun Sirer, Co-Founder & CEO of Ava Labs, best known for building the proof-of-stake layer 1 Avalanche blockchain, discusses his bullish long-term outlook for the crypto markets and positive take on the recent correction. Plus, insights into the opportunities of Avalanche to "digitize all things," the status of decentralization in crypto, thoughts on Ethereum, and more.

Recent Videos

Politiche

IRS Offers Tezos Staker Refund on Rewards Tax in Break From Current Policy

The IRS currently taxes cryptocurrencies generated through staking as income,

(Stefani Reynolds/Bloomberg via Getty Images)

Finanza

Luxor Starts Ethereum Mining Pool as Proof-of-Stake Shift Looms

Luxor also started an advocacy group for Ethereum to remain on the proof-of-work consensus mechanism.

Hut 8 Luxor Ethereum mining (Bet Noire/iStock/Getty Images Plus)

Mercati

Ethereum Could Hold Lead as Dominant Smart-Contract Blockchain: Coinbase Analysts

The only real “ETH killer” might end up being Ethereum 2.0, according to analysts for the U.S. exchange Coinbase.

Ethereum's lead over competitors might be hard to close. (Elena Rabkina/Unsplash)

Video

Tezos Co-Founder on Carbon Footprint, Proof-of-Work vs. Proof-of-Stake

Kathleen Breitman, co-founder of the Tezos blockchain, explains how their protocol utilizes proof-of-stake to maintain energy efficiency. Plus, her opinion on the ongoing debate in the crypto space about how proof-of-stake compares to proof-of-work.

Recent Videos

Mercati

Stader Labs Raises $12M in Strategic Sale as It Builds ‘Staking as a Service’ Business

Stader Labs CEO Amitej Gajjala puts the market for staking at $250 billion.

Stader Labs CEO Amitej Gajjala (provided)