Proof of stake

Netcoins Canada announces the launch of Solana (SOL) and Cosmos (ATOM) Staking

Retrieved on:

Thursday, March 21, 2024

Cosmos, Partnership, SOL, AUM, Proof of stake, Cryptocurrency

Netcoins has leveraged its partnership with BitGo Trust Company to enable customers to stake their assets directly from segregated cold storage wallets on the Netcoins mobile app .

Key Points:

Netcoins has leveraged its partnership with BitGo Trust Company to enable customers to stake their assets directly from segregated cold storage wallets on the Netcoins mobile app .
With the launch of Solana ( SOL ) & Cosmos ( ATOM ) staking, Netcoins customers now have an opportunity to earn yield on their crypto holdings.
This service is available to individual, corporate and institutional clients, ensuring that all our customers can benefit from the growing trend of earning through Proof of Stake blockchains.
According to Stakingrewards.com the global staking market cap is over $335bn with over $5.8bn in rewards issued per year.

TRON DAO Unveils Bitcoin Layer 2 Solution Roadmap

Retrieved on:

Wednesday, March 13, 2024

TRON, WIN, Prisoner of war, Unspent transaction output, Proof of stake, JST, BTT, SUN, Ordinal, NFT, UTXO, Ecosystem, Decentralized finance, TRX, DAO, USDT, TVL, Environment, POS, Cryptocurrency

Geneva, Switzerland, February 17, 2024 - TRON DAO , the decentralized autonomous organization (DAO) behind the TRON network—a powerhouse in the blockchain world with over 210 million user accounts and more than 7 billion transactions—unveils its roadmap for building an innovative Bitcoin Layer 2 solution.

Key Points:

Geneva, Switzerland, February 17, 2024 - TRON DAO , the decentralized autonomous organization (DAO) behind the TRON network—a powerhouse in the blockchain world with over 210 million user accounts and more than 7 billion transactions—unveils its roadmap for building an innovative Bitcoin Layer 2 solution.
TRON will start forming alliances with multiple Bitcoin Layer 2 protocols, unveiling substantial partnerships that will encourage TRON users to partake in re-staking initiatives and contribute to the prosperity of the Bitcoin Layer 2 ecosystem.
The conclusion of this roadmap will feature the public launch of a Layer 2 solution that synergizes TRON, BTTC , and the Bitcoin network.
The launch of TRON's Bitcoin Layer 2 solution, combined with its venture into other Bitcoin Layer 2 protocols and the development of new user-centric tools, marks the beginning of a unified blockchain future.

LBank Exchange Listed Vyvo Coin ($VSC) on September 28, 2023

Retrieved on:

Sunday, October 1, 2023

Positive law, Coin, Internet of things, POS, Data collection, DDH, Privacy, Data analysis, Digital health, Ecosystem, Health, Proof of stake, Software, Cryptocurrency

Vyvo Coin ($VSC) redesigns the way people's health data is shared and monetized, aiming to give back control and ownership.

Key Points:

Vyvo Coin ($VSC) redesigns the way people's health data is shared and monetized, aiming to give back control and ownership.
LBank Exchange is thrilled to announce the listing of Vyvo Coin ($VSC) Bep20.
Vyvo Smart Chain (VSC Network) is a HealthFi ecosystem at the forefront of revolutionizing the healthcare industry through its Decentralized Digital Health (DDH) Platform.
By integrating blockchain technology, Vyvo Smart Chain aims to create a secure and transparent ecosystem where users can securely manage and monetize their health data.

Babylon v0.7.1 Goes Live With Smart Contract Capabilities and Bitcoin Security for dApps

Retrieved on:

Monday, June 19, 2023

Osmosis, POS, Decentralized finance, Prisoner of war, Stride, Non-fungible token, Traction, Entrepreneurship, Blockchain, R, Proof of stake, Cryptocurrency, Bitcoin, Cosmos

Palo Alto, 19 June 2023 – Bitcoin security sharing protocol Babylon has successfully deployed a major upgrade to its testnet.

Key Points:

Palo Alto, 19 June 2023 – Bitcoin security sharing protocol Babylon has successfully deployed a major upgrade to its testnet.
V0.7.1 of the network introduces comprehensive smart contract capabilities built using the popular CosmoWasm and Wasmd framework.
It allows developers to extract security from Bitcoin to secure their applications and blockchains by deploying Babylon smart contracts.
Through Babylon smart contracts, the mighty power of Bitcoin will be readily at the disposal of the applications built on Babylon.

BitClout 2.0 Announced as Next Stock Market for People

Retrieved on:

Wednesday, April 26, 2023

Diamond, NFT, DM, Blockchain, Decentralized finance, Non-fungible token, Sovereign, Blur, Elon, Sovereign Internet Law, Proof of stake, Cryptocurrency, Online shopping, Pseudo-, Mars, BitClout

BitClout 2.0 is expected to launch with a sophisticated airdrop after the DeSo blockchain's transition to its new Revolution Proof of Stake consensus mechanism is complete.

Key Points:

BitClout 2.0 is expected to launch with a sophisticated airdrop after the DeSo blockchain's transition to its new Revolution Proof of Stake consensus mechanism is complete.
The white paper for BitClout 2.0 can be accessed at bitclout2.deso.com , and the password can be obtained by sending a DM to @bitclout on any DeSo app like Diamond or DeSo Chat Protocol .
Trading activity on BitClout 2.0 will be incentivized with a new $BITCLOUT token, allowing people to accrue fees through Creator Coin V2 trading activity.
Bitclout 2.0 will reward early adopters through a sophisticated and viral airdrop scheme that takes inspiration from both BitClout 1.0 and from NFT marketplace Blur .

MetaLend Deploys on Ronin Network and Becomes an Official Lending Protocol for Axie Infinity Users

Retrieved on:

Tuesday, January 31, 2023

AXS, Decentralized finance, Polygon, Axie Infinity, Proof of stake, Discord, Blockchain, Ecosystem, Partnership, LOS, Cryptocurrency, Security (finance), Rōnin

LOS ANGELES, Jan. 31, 2023 /PRNewswire-PRWeb/ -- MetaLend, a decentralized lending protocol, has partnered with Sky Mavis to deploy onto the Ronin Network, and serve as an official lending partner for Axie Infinity players and investors. Prior to the partnership, MetaLend, enabled many users to leverage the value of their Axies, Mystic Axies and Axie Land as collateral for loans via the Polygon network.

Key Points:

LOS ANGELES, Jan. 31, 2023 /PRNewswire-PRWeb/ -- MetaLend , a decentralized lending protocol, has partnered with Sky Mavis to deploy onto the Ronin Network , and serve as an official lending partner for Axie Infinity players and investors.
Prior to the partnership, MetaLend, enabled many users to leverage the value of their Axies, Mystic Axies and Axie Land as collateral for loans via the Polygon network.
With this partnership, Axie Infinity players will be able to access liquidity from their in-game assets on Ronin without having to sell them.
"We're long blockchain gaming generally and Axie Infinity specifically," says Nikhil Bhardwaj, also a Co-Founder of MetaLend.

Measurement, reporting and verification blockchain pioneer Open Forest Protocol raises USD 4.1m in pre-seed round

Retrieved on:

Sunday, January 22, 2023

Founded in 2021, OFP is already working with some 40 afforestation/reforestation projects worldwide through its revolutionary blockchain-based measurement, reporting and verification (MRV) technology.

Key Points:

Founded in 2021, OFP is already working with some 40 afforestation/reforestation projects worldwide through its revolutionary blockchain-based measurement, reporting and verification (MRV) technology.
These projects will be the first in history to utilize OFP’s 100% blockchain-native MRV platform.
Projects record tree data within the forest using OFP’s mobile app and then send the information to be immutably stored in the open, blockchain-based registry.
Fred Fournier, Open Forest Protocol CEO, said: “The strong support of investors experienced in our pre-seed round is a validation of both our vision and strategy.

Bitcoin Mining Experts Discuss the Relevance of Proof of Work Mining at the AIM Summit in Dubai

Retrieved on:

Tuesday, November 29, 2022

JKL, POS, OTC, Private equity, History, Power, Electricity, Prisoner of war, Financial technology, Asset, Lake Parime, Proof of stake, Venture capital, Consumer, SEC v. W. J. Howey Co., Cryptocurrency, Work, Bitcoin, Ethereum

Ever since the Ethereum Mainnet switched to Proof of Stake (PoS) mining algorithm on September 15th, the crypto community has been engaged in a lively debate on the relevance of Bitcoin native Proof of Work (PoW) algorithm.

Key Points:

Ever since the Ethereum Mainnet switched to Proof of Stake (PoS) mining algorithm on September 15th, the crypto community has been engaged in a lively debate on the relevance of Bitcoin native Proof of Work (PoW) algorithm.
Leaders of the Bitcoin mining industry including HIVE Blockchain, JKL Group, SATO Technologies and Lake Parime were brought together to present insights into the current state of Proof of Work mining.
The process of Proof of Work mining has 3 features that makes it an efficient grid load balancer.
Visit JKL Groups website www.jkl.group to find out more about their digital asset services and Bitcoin mining facilities.

RETRANSMISSION: HIVE Announces Quarterly Revenue of $29.6 Million. Achieved Adjusted EBITDA of $18.8 Million for the Quarter. Bitcoin Production up 31% From the Same Quarter Last Year 2021.

Retrieved on:

Tuesday, November 15, 2022

Depreciation, Legislation, Consolidated, SEDAR, HIVE, Management, Financial statement, POS, Digital, ESG, Weather, HODL, Miner, Natural gas, SG, ASIC, Indian stock exchange, Mining, GAAP, Pressure, COVID-19, Growth, EBITDA, ETH, Executive, Electricity, Webcast, News, BTC, Research, Acquisition, Adjustment, Conversation, Proof of stake, Regulation, FSE, ATM, MD, Investment, Follow, Cryptocurrency, Bookkeeping, Bitcoin, Ethereum, Analysis

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated September 2, 2022 to its amended and restated short form base shelf prospectus dated January 4, 2022

Key Points:

HIVE achieved revenue of $29.6 million this quarter, by mining 858 green and clean Bitcoin and 7,309 Ethereum, which were subsequently sold to reinvest in new ASIC mining equipment.
However, in the previous quarter Bitcoin and Ethereum average prices were higher resulting in an increase of $44.2 million revenue over the previous quarter.
We are sad to see the higher margin from mining Ethereum gone and now will be more easily compared to our Bitcoin mining peers.
HIVE achieved a gross mining profit margin of $15.9 million for the quarter, a 41% decrease over the prior quarter of $27.0 million due to lower Bitcoin prices.

HIVE Announces Quarterly Revenue of $29.6 Million. Achieved Adjusted EBITDA of $18.8 Million for the Quarter. Bitcoin Production up 31% From the Same Quarter Last Year 2021.

Retrieved on:

Tuesday, November 15, 2022

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated September 2, 2022 to its amended and restated short form base shelf prospectus dated January 4, 2022

Key Points:

HIVE achieved revenue of $29.6 million this quarter, by mining 858 green and clean Bitcoin and 7,309 Ethereum, which were subsequently sold to reinvest in new ASIC mining equipment.
However, in the previous quarter Bitcoin and Ethereum average prices were higher resulting in an increase of $44.2 million revenue over the previous quarter.
We are sad to see the higher margin from mining Ethereum gone and now will be more easily compared to our Bitcoin mining peers.
HIVE achieved a gross mining profit margin of $15.9 million for the quarter, a 41% decrease over the prior quarter of $27.0 million due to lower Bitcoin prices.