Staking

Aside From ZIL Staking Soon: Zilliqa 2.0 Already in the Works says Amrit Kumar

Source Node: https://coinfomania.com/zil-staking-zilliqa-2-0-is-already-in-the-making/?utm_source=rss&utm_medium=rss&utm_campaign=zil-staking-zilliqa-2-0-is-already-in-the-making
Time Stamp: April 8, 2020 10:05 AM - Modified On: May 21, 2021 - Published By:
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Blockchain project, Zilliqa is still on track to launch staking on mainnet before the end of Q2, but could at the same time be moving towards the next version of the mainnet if ongoing integrations to improve the network turns out successful. In a recently concluded AMA session on Wednesday, Colin Miles, the head of marketing for Zilliqa blockchain, reiterated known facts that the current focus of the project is on rolling out staking, teasing a major announcement in the coming days. 🔊 @zilliqa AMA news:@ColinMiles : “I think the

Matic Network Allocates 100% of Team & Foundation Tokens to Staking in Second Token Unlock

Source Node: https://coinfomania.com/matic-allocates-staking-second-token-unlock/?utm_source=rss&utm_medium=rss&utm_campaign=matic-allocates-staking-second-token-unlock
Time Stamp: April 7, 2020 9:27 AM - Modified On: May 21, 2021 - Published By:
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Matic Network has shared vital information on how they intend to allocate its second batch of tokens scheduled to be released later this month. According to the project, the need to provide clarity on the details of the “second token unlock” is imperative to address any future concern or confusion, while adding that the token allocation is designed to be favorable to both token holders and the entire Matic Network ecosystem.  The Matic’s token supply is to be allocated based on five distinct categories such as Teams, Advisors, Foundation, Ecosystem,

Bitfinex Launches Staking in Response to Customer Demand

Source Node: https://cointelegraph.com/news/bitfinex-launches-staking-in-response-to-customer-demand
Time Stamp: April 7, 2020 4:50 AM - Modified On: May 21, 2021 - Published By:
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Major cryptocurrency exchange Bitfinex has become the latest exchange to offer staking services to customers.Announced April 3, Bitfinex will offer staking rewards up to 10% per annum on crypto assets underpinned by a Proof-of-Stake algorithm."We're committed to engaging our existing users and the wider community with new products and innovations," said Bitfinex’s CTO, Paolo Ardoino. "The Bitfinex Staking Rewards Program provides our users with another avenue to increase their holdings on our platform."Bitfinex introduces staking in response to customer demandArdoino states that Bitfinex’s clients asked for staking to be introduced,

Staking, Consensus and the Pursuit of Decentralization

Source Node: https://cointelegraph.com/news/staking-consensus-and-the-pursuit-of-decentralization
Time Stamp: April 4, 2020 3:02 PM - Modified On: May 21, 2021 - Published By:
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Oh, the wonders of decentralized consensus — that dream of permissionless blockchains to be censorship-resistant, trustless, collaborative and egalitarian for a potentially global community of users. While lofty in ideals, consensus is foundational for each crypto network, which must agree upon that most basic question of who decides what on the network.Decentralized consensus in the form of a proof-of-work mechanism was at the core of Satoshi Nakamoto’s innovation when creating Bitcoin — all additional protocol elements stem from PoW’s ability to reach consensus regarding the digital ledger through the computational work

Staked Token Supply Doesn’t Correlate with Price, Says Messari Analyst

Source Node: https://cointelegraph.com/news/staked-token-supply-doesnt-correlate-with-price-says-messari-analyst
Time Stamp: April 3, 2020 3:31 AM - Modified On: May 21, 2021 - Published By:
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As cryptocurrency markets are highly volatile, crypto players can’t stop arguing about what really impacts the price of certain coins and what does not.Some crypto pundits believe a larger amount of tokens staked in Proof-of-Stake (PoS) blockchains could push the price upwards by reducing the circulating supply, making the remaining tokens more valuable. But blockchain and crypto analytics firm Messari has crunched the numbers and reports that there is little correlation between the two.Announcements correlate with price thoughIn an April 1 blog post, Wilson Withiam, a researcher at the Messari

Binance Set To Launch A Crypto Mining Pool

Source Node: https://insidebitcoins.com/news/binance-set-to-launch-a-crypto-mining-pool/256185
Time Stamp: April 2, 2020 6:53 AM - Modified On: August 29, 2021 - Published By:
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Binance, one of the world’s top crypto-asset exchanges, has announced that it will further expand its offerings in the crypto finance industry. They will do so through the launch of a new mining pool service.Hiring Professional HelpThe news came out on Wednesday by none other than Binance’s CEO and founder, Changpeng Zhao. Zhao, nicknamed CZ, made the announcement on Twitter that Binance will have mining pools as an addition to its already impressive finance suite, which includes saving, earning, staking, and loans already.As it stands now, Binance has reportedly hired