Latest Proof of Stake News

sam-bankman-fried
Editorial 20 May 2022

Sam Bankman-Fried is wrong again

Sam Bankman-Fried, whose FTX exchange sold both UST and LUNA, has emerged to tell the Financial Times that Bitcoin has no future as a payments network.

Mobile phone with webpage of American technology company Ripple Labs Inc. on screen in front of logo. Focus on top-left of phone displa
Business 1 April 2022

BTC v Ripple in proof-of-climate-change dust-up

The co-founder of ‘crypto’ token/commodity Ripple wants BTC to shift to a Proof of Stake consensus mechanism, apparently because he believes the hobbled BTC tech is still not hobbled enough.

Cryptocurrency golden bitcoin coin - symbol of crypto currency - electronic virtual money on tech background, toned
Tech 30 March 2022

On the myth of proof of stake systems

Dr. Craig Wright recently published a blog post titled “Decentralization,” where he discussed the common misconceptions surrounding the topic and argued why proof of stake system tokens are just securities.