How Bitcoin can help secure proof-of-stake blockchain protocols

How Bitcoin can help secure proof-of-stake blockchain protocols
фото показано с : cointelegraph.com

2023-6-12 10:24

Stanford University professor David Tse has pioneered a way to use Bitcoin to secure proof-of-stake blockchains.

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proof-of-stake secure bitcoin professor david stanford tse

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Tezos XTZ/USD takes advantage of what is known as liquid proof-of-stake (LPoS), and this is important to know when evaluating the value of its cryptocurrency. You see, LPoS is an algorithm that is used by the computers running the Tezos software and is used to secure the network, validate the transactions and distribute newly minted […] The post Should you buy Tezos (XTZ)? Banking on social impact appeared first on Invezz.

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Web3 Foundation Awards Grant to Swisscom Blockchain to Secure the Polkadot Network

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Layer 2 Blockchain Scaling Platform Matic Teams up with Chainlink

In a Medium post published on June 12, 2019, layer two blockchain scaling platform Matic Network (MATIC) announced its partnership with decentralized oracle platform startup Chainlink. Scalability with Smart Contracts Matic Network, a decentralized layer two blockchain scaling solution that uses a Plasma-powered sidechain network and Proof-of-Stake (PoS) consensus protocol to secure digital assets, isRead MoreRead More.

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An Introductory Guide to Staking Cryptocurrencies

Similar to traditional financial ecosystem where strict guidelines govern the way new fiat currencies are minted by central banks, the decentralized world of blockchain-based cryptocurrencies have several consensus algorithms (proof-of-work (PoW), proof-of-stake (PoS), delegated-proof-of-stake (DPoS), and others which leverage different principles to mint new coins, secure a distributed ledger and partake in governance.

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