Tag: Proof-of-stake

What is the Ethereum Difficulty Bomb?

Over the past few months, there has been a lot of speculation regarding Ethereum’s mining difficulty. This problem is known as the Difficult Bomb, and it poses a significant threat to the ecosystem. Or that is what most people think will happen if things ever come to such a point. Switching to proof-of-stake should make this a non-issue, though. Now is a good time to look at Ethereum’s difficulty bomb …
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Proof of Stake vs Proof of Work vs Proof of Burn

Many different technologies exist within the world of bitcoin and cryptocurrency. Proof of work is by far the most commonly used protocol, which allows users to generate new coins by mining. Proof of stake is also quite popular, as it lets users earn an interest for keeping funds in their wallet. Proof of Burn is also a nifty concept that is currently underappreciated. Now would be a good time to …
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Coinbase and GDAX Control 3.5% Of The Entire Ethereum Supply

There is a lot of talk going on about Ethereum switching to proof-of-take at some point in the future. While this will significantly reduce the inflation in the ecosystem, it will also pose a new set of challenges. To put this into perspective, Coinbase and GDAX now control 3.5% of the entire Ethereum supply. This is rather worrisome for the ecosystem as well, though. Coinbase Can Become A Big Staker …
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Casper May Cause Centralized Staking By Rich Ethereum Holders

The Ethereum developers have unveiled some more details regarding the Casper release. As part of this release, Ethereum will also transition from proof-of-work to proof-of-take. Securing the network at that time will be of the utmost importance, as PoS is inherently more prone to network attacks compared to PoW. But it looks like there will be some other issues regarding Casper that need to be addressed. Ethereum’s Casper Is Causing …
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