Bitcoin Blockchain and Cryptocurrency News Center
Staking for Cardano’s ADA (+9.52%) cryptocurrency is now supported on U.S.-based cryptocurrency exchange Kraken, according to a blog post. Users are able to access the staking option inside their Kraken Staking Wallet after the option went live at 21:00 UTC on Tuesday. Rewards of 4% to 6% are being offered to those staking ADA, Kraken said. Payouts are to […]
About 86 million ETH is held on non-exchange wallets containing enough Ether for staking on ETH 2.0, the Cointelegraph reported. As the crypto community is anticipating Ethereum 2.0, a large number of Ether (ETH) holders already have enough ETH for staking on the network. Nearly 80% of total Ether (ETH) supply is being held by non-crypto […]
In the countdown to the Shelley mainnet launch at the end of this month, Cardano has released details of its staking reward system. The amount of staking reward is determined by several factors, such as the number of staking pools in operation, the saturation of a delegated pool, and block production efficiency. At present, all elements are […]
As Ethereum prepares to shift to a PoS blockchain, interest in staking crypto is growing. Here is a list of the biggest blockchain staking platforms. The debate over which consensus algorithm is right for blockchain is long overdue. While proof-of-work remains popular with Bitcoin (BTC), interest in proof-of-stake protocols has been picking up speed, especially with the planned shift of […]
For a tech that was supposed to be democratic and distributed in order to free financial systems from the grip of government-influenced banks and return control of the money supply to the people, cryptocurrencies have turned out to be pretty concentrated. Some 66% of all Bitcoin (BTC) mining now takes place in China, with 54% […]
The Cardano (ADA) network will perform a scheduled upgrade on Feb. 20 to introduce Ouroboros BFT, an improved consensus mechanism. The update is an intermediate step between the current Byron era and Shelley, which will introduce staking on mainnet. Announced by IOHK on Feb. 19, the upgrade will be executed on Thursday at 9:44 PM UTC, […]
Ethereum was once touted as ‘the world computer’ but as yet it has failed to live up to that lofty ambition. It has been a big ask for a platform that is just a few year old but Ethereum appears to be evolving into more of a ‘world bank’ through its next consensus mechanism upgrade […]