Glossary Proof of Stake

A power efficient transaction validation system in where users must โ€˜stakeโ€™ their coins in order to mint new blocks, minting of fraudulent transactions will cause staked coins to be lost.

Ethereum Co-Founder Joseph Lubin: Proof of Stake Within Year, Infinite Scalability on Horizon

In the face of uncertainty, Ethereum Co-Founder Joseph Lubin reassures the community that proof of stake is near, and that infinite scalability is on the horizon. The security and scalability of Ethereum is under stress. ASICs challenge the chain’s decentralization, CryptoKitties are testing its throughput, and other projects are intent on usurping Ethereum’s position. In […]

Ethereum Co-Founder Joseph Lubin: Proof of Stake Within Year, Infinite Scalability on Horizon
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