Proof of stake cryptocurrency blog

Proof-of-Stake Cryptocurrency: The Game Changer for Institutional Money

Staking is fast becoming a buzzword that has heightened institutional interest in the cryptocurrency space over the past year. Derived from the consensus mechanism called Proof-of-Stake (POS), staking has been regarded as a novel approach in aligning economic incentives, and ensuring security within a distributed system. Moving away from the vast energy consumption and scalability…

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eToroX Libra Implementation

The eToroX Libra Implementation

Facebook’s announcement this week about its cryptocurrency Libra has far-reaching potential. eToroX’s Labs Blockchain Science team, comprising Chief Blockchain Scientist Dr. Omri Ross, Peter Emil Jensen, and Johannes Rude Jensen, was quick off the mark to investigate how our eToro tokenized assets (and the technology behind them) would work on Libra’s initial prototype, and how…

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Facebook Cryptocurrency

The 7 Key Takeaways About Libra

Understanding Libra, Facebook’s cryptocurrency, requires extensive analysis of the recently published White Paper. Our team dived into the details to extract the key takeaways. 1.  The Name ‘Libra’ Was Inspired by the Romans An interesting fact about Facebook’s native currency is that is inspired from three distinct elements: the Roman weight measurement system, the astrological…

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