Cardanians.io (CRDNS pool) Sep 30 · 17 min read · The so-called long-range attack is considered an attack on PoS networks, which is similar to a 51% attack on PoW networks. In order to successfully execute a long-range attack, the attacker needs to have a large stake in the PoS network. This is similar to … Read more
Cardanians.io (CRDNS pool) Sep 29 · 9 min read · After Ethereum switched to the Proof-of-Stake (PoS) consensus, Bitcoin is the last project in the top 10 that continues to use Proof-of-Work (PoW). The Bitcoin community will face a lot of pressure from PoS fans, institutional investors, banks, FSG investors, and others. Vitalik Buterin tweeted … Read more
Cardanians.io (CRDNS pool) Sep 9 · 2 min read · PoS networks like Cardano are said to be the same as the current fiat system. This is because if someone is rich, they can buy large amounts of coins and thus retain power forever. Moreover, the rich investor is getting richer also forever. Another concern … Read more
Cardanians.io (CRDNS pool) Sep 1 · 1 min read · Some people stake on Cardano for almost a second year. Ethereum is transitioning from PoW to PoS and people are starting to get more interested in the differences between the two PoS networks. Let’s compare staking on Cardano and Ethereum. Read the article: https://cexplorer.io/article/comparison-of-staking-on-cardano-and-ethereum
Cardanians.io (CRDNS pool) Aug 10 · 13 min read · Cardano uses PoS consensus, which at the time of writing is capable of processing 300 simple transactions per second. That’s almost 50 times more than the PoW consensus that Bitcoin uses. However, for the global financial system, this is still insufficient. The IOG team is … Read more
Cardanians.io (CRDNS pool) Jul 27 · 14 min read Did you know that Cardano is about 100,000 times more energy efficient than Bitcoin? Is this important to you? Maybe yes and maybe no. However, this topic is increasingly being debated at the level of governments and regulators. Their decisions may affect the future of blockchain … Read more
Cardanians.io (CRDNS pool) Jun 22 · 35 min read Proof-of-Work (PoW) and Proof-of-Stake (PoS) are two different concepts performing the same task. Both approaches have their undeniable advantages and disadvantages. Unfortunately, arguments against PoS often stem from misunderstanding or overlooking the problems of PoW. Let’s make the case for PoS in this article. TLDR:
Cardanians.io (CRDNS pool) · Follow Feb 27 · 26 min read In 2022, Cardano will celebrate 2 years since the launch of the Proof-of-Stake network consensus. Staking has gained attention from the very beginning. At the time of writing, there are over 3,100 pools registered and over 1.1M stakers delegating their ADA coins to them. … Read more
The world’s first cryptocurrency, Bitcoin, was envisioned and designed to follow a Proof-of-Work mechanism for transactions to go through, It was evident early on that this wasn’t sustainable for the environment in the long term. Most of the newer blockchains have thus opted for a Proof-of-Stake consensus algorithm, which allows for all participants to partake … Read more
