#proof of stake ethereum

[profound-yet-trivial]

(Making my own post so I don't derail a thread; the context is Vitalik Buterin's explainer of how the Twitter Community Notes algorithm works.)

This kind of (reverse) halo effect annoys me to no end, and this is a pretty egregiously dumb example.

[Disclaimer: I've never owned any cryptocurrency and I have no desire to promote it.]

Let's assume the only thing the poster knows about Buterin is that he made a new kind of cryptocurrency and became a billionaire. That doesn't prove he's a good person, but the pile of utility he's sitting on is pretty strong evidence he's not a moron.

(Everything else I know about him, e.g. quadratic voting, is further confirmation that he's very smart across multiple domains, but I don't fault the poster for failing to search for more info about a person they've written off.)

[newszed]

How to Stake Crypto Safely and Legally in 2025

Key takeaways The SEC has clarified that solo staking, delegated staking and custodial staking, when tied directly to a network’s consensus process, do not qualify as securities offerings. Post May 29 guideline, rewards earned from network validation are seen as compensation for services, not profits from the efforts of others, removing them from the Howey test classification. Validators, node…

[thecryptoindustry]

Stake It Til You Make It

Get your own "Stake It Til You Make It" Hoodie! We support the blockchain industry's many choices of consensus methods for their blockchains including proof of stake (PoS), proof of work (PoW), Byzantine Fault Tolerance (BFT), and all the others! Make sure your crypto is protected from centralization!

[ultragamerz]

Cardano (ADA): Sell it for Solana? 

New Post has been published on https://www.ultragamerz.com/cardano-ada-sell-it-for-solana/

Cardano (ADA): Sell it for Solana? 

Cardano (ADA): Sell it for Solana?

Cardano (ADA), the brainchild of Ethereum co-founder Charles Hoskinson, has been a hot topic in the crypto space. However, with a recent barrage of bearish news and influencer skepticism, some are questioning whether ADA is all it’s cracked up to be. Let’s delve into the world of Cardano, separating hype from reality.

Influencer FOMO and the Solana Shadow:

Social media is flooded with “Cardano killers” like Solana (SOL) boasting lightning-fast transaction speeds and lower fees. Influencers, often swayed by short-term gains, are hyping SOL to the moon, leaving Cardano seemingly stuck in the dust.

Cardano’s Different Path:

However, Cardano takes a much different approach than the “move fast and break things” mentality of some competitors. Cardano prioritizes meticulous research and a peer-reviewed development process. This methodical approach, while slower, aims to deliver a more secure and scalable blockchain in the long run.

Cardano vs. The Hype Machine:

Recent bearish articles highlight Cardano’s slow development progress and missed deadlines. While these criticisms hold some weight, it’s important to remember Cardano is building a complex ecosystem.

The ADA Price:

Cardano’s Bullish Trajectory: A Technical Analysis Glimpse

Cardano (ADA) has been on a tear lately, and technical analysts are using charting tools to predict its potential price path. Here’s a breakdown of three possible targets based on different timeframes:

Short-Term (1-2 Months): Applying the Fibonacci retracement tool to ADA’s recent price surge suggests a first target of around $2.20. This level represents the 61.8% retracement of the current upswing, a common support zone after a price increase.

Mid-Term (3-6 Months): If the bullish momentum continues, a more ambitious target could be $14. This aligns with the 161.8% Fibonacci extension level, indicating a potential doubling of the current price within the next half year. However, reaching this target zone would require sustained buying pressure and positive news surrounding the Cardano ecosystem.

Long-Term (1+ Years): For the long-term hodlers (holders on for a dear life), some analysts are charting a much more aggressive target – a staggering $55. This aligns with the 261.8% Fibonacci extension, signifying a potential 25x return on investment from current levels. However, reaching this price point would require significant adoption of Cardano’s blockchain technology and widespread recognition of its functionalities.

Remember: This is for informational purposes only and should not be considered financial advice. Technical analysis is just one tool, and market conditions can change rapidly. Always conduct your own research before making any investment decisions.

Is ADA a Worthy Investment?

While some influencers are quick to dismiss ADA, it’s crucial to conduct your own research and understand Cardano’s unique value proposition. Here are some key aspects to consider:

Scalability: Cardano’s Ouroboros proof-of-stake consensus mechanism aims to achieve high transaction throughput without sacrificing decentralization, a challenge faced by many blockchains.

Smart Contracts: Cardano’s smart contract platform, Plutus, is built with security and formal verification in mind, aiming to minimize bugs and vulnerabilities.

Interoperability: Cardano’s vision includes interoperability with other blockchains, allowing seamless transfer of data and assets across different ecosystems.

Bearish News and Price Performance:

Despite the recent bearish sentiment, it’s worth noting that ADA started the current market cycle at around $0.20 and reached a peak of over $3.00, a significant increase. This demonstrates that long-term investors still see value in Cardano’s long-term vision.

Is ADA Right for You?

The decision to invest in ADA depends on your risk tolerance and investment horizon. If you’re looking for a quick pump based on influencer hype, Cardano might not be the best choice. However, if you believe in Cardano’s long-term vision of a secure and scalable blockchain platform, ADA could be a worthwhile investment for your portfolio.

Remember:

The cryptocurrency market is notoriously volatile and prone to hype cycles. Always conduct thorough research, understand the risks involved, and never invest more than you can afford to lose.

[kingsoftheblock]

The Comprehensive Guide to Ethereum Staking: A Step-by-Step Tutorial

As Ethereum undergoes a transition from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism through Ethereum 2.0, staking has become an exciting opportunity for ETH holders to actively participate in the network and earn rewards. In this guide, we’ll explore the process of staking Ethereum and how you can join the movement. Understanding Ethereum Staking:Ethereum 2.0 aims to…

[basechop]

Title: Ethereum's Regulatory Outlook: Insights from Gensler and SEC

- Insights from Gensler on Ethereum's Regulatory Status During recent Congressional hearings, Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC), refrained from offering his stance on whether Ethereum poses a security risk. This silence contrasts with the stance of former SEC official William Hinman, who dismissed Ethereum's classification as a security back in 2018. Kevin de Patoul, shedding light on the matter, highlighted Gensler's reticence on Ethereum's regulatory status, despite past clarifications from the SEC. - Ethereum's Security Status Amid Regulatory Scrutiny In the realm of regulatory scrutiny, Ethereum's classification as a security remains a contentious issue. While Gensler sidestepped the question during recent Congressional hearings, insights from William Hinman's 2018 speech provided contrasting views. This ambiguity underscores the ongoing debate surrounding Ethereum's regulatory standing. - Ethereum's Price Surge and Regulatory Implications The recent surge in Ethereum's price to $3000 has triggered discussions on its regulatory implications. Keyrock's CEO emphasized that Ethereum's transition to a Proof-of-Stake model may influence its regulatory categorization by the SEC. Furthermore, the excitement surrounding potential spot ETF approvals and the impending EIP-1559 upgrade has fueled speculation on Ethereum's future regulatory landscape. - TD Cowen's Forecast: Ethereum ETF Approval by 2025 Amidst these regulatory deliberations, TD Cowen has forecasted the approval of Ethereum ETFs by the end of 2025. This projection adds to the evolving narrative surrounding Ethereum's regulatory journey and its impact on the broader cryptocurrency market. Read the full article

[dencyemily]

Polygon (MATIC) Overtakes Ethereum in NFT Sales – Unraveling the Surge Factors

In the ever-shifting terrain of blockchain networks, Polygon, operating on the Proof-of-Stake (PoS) consensus mechanism, has swiftly emerged as a dominant player, solidifying its status as a leading Ethereum scaling solution. Recent metrics illuminate a surge in transaction volumes and an expanding user base, propelling Polygon into contention with established chains like Solana.

On February 10th, Polygon made waves by registering a remarkable 3.41 million transactions, outpacing BNB Chain and securing a close second position behind Solana in the transaction volume rankings. This surge in on-chain activities underscores Polygon's growing significance as a scaling solution for Ethereum, a role it has assertively claimed since the commencement of February.

Exponential User Growth: The Impact of the Inscriptions Phenomenon

Polygon's user base has experienced a substantial surge, boasting over 672,000 unique active addresses on February 10th, surpassing Solana's reported 644,000 daily users. This noteworthy increase in daily active addresses, representing a 75% surge over the last two months, can be attributed to the Inscriptions phenomenon.

The Inscriptions phenomenon has not only captured user interest but has injected vitality into Polygon's NFT marketplace. Data from CryptoSlam reveals a nearly sixfold increase in monthly NFT sales on Polygon, underscoring the network's growing influence in the market.

NFT Dominance and Noteworthy Milestones

Polygon's NFT marketplace has witnessed unprecedented success, eclipsing Ethereum in 24-hour NFT sales last month for the first time in its history. Presently, Polygon ranks as the fourth-largest chain in NFT trading over the past week, with sales exceeding $8 million.

The dynamic NFT landscape on Polygon highlights the platform's ability to attract creators and users, fostering innovation and diversity within its ecosystem.

MATIC's Market Performance and Whale Accumulation

In contrast to Polygon's robust on-chain activities and expanding user base, its native token, MATIC, has seen a 1.31% increase at the time of writing, trading at $0.8563. While MATIC has experienced nearly a 7.89% weekly increase, it has faced challenges in reclaiming the crucial $1 mark and has shed 26.82% since the beginning of the year.

Despite the token's price dynamics, whale investors have seized the opportunity to accumulate MATIC holdings. Santiment data reveals a notable uptick in addresses holding between 1,000 and 10 million MATIC coins over the last month.

Derivatives Market and a Tapestry of Sentiments

The derivatives market tells a nuanced story, with a preponderance of bets against MATIC's price. This mixed sentiment among traders reflects the intricate interplay of factors influencing MATIC's future trajectory.

In conclusion, Polygon's meteoric ascent, characterized by surging transaction volumes, the Inscriptions phenomenon, and NFT dominance, positions it as a pivotal player in the cryptocurrency space. Despite mixed sentiments in the derivatives market and challenges faced by its native token MATIC, Polygon's innovative approach and user engagement underscore its significance in steering the evolution of blockchain networks. As the cryptocurrency market continues to unfold, Polygon remains a dynamic force shaping the future of decentralized ecosystems.

[christophbergmann]

Lido frisst Ethereum - Stake für Stake

Lido frisst Ethereum - Stake für Stake Der Staking-Pool Lido.finance hat beinah ein Drittel aller Stakes auf sich vereint. Obwohl Lido selbst dezentral ist, steht für manche die Existenz von Ethereum auf dem Spiel.

Der Staking-Pool Lido.finance hat beinah ein Drittel aller Stakes auf sich vereint. Obwohl Lido selbst dezentral ist, steht für manche die Existenz von Ethereum auf dem Spiel. Continue reading Untitled

[cryptotechnews24]

Unlocking the Potential of Ethereum: The Rise of Staking and Lido Finance

Close to 24 million Ether locked up among 744,000 validators signifies the immense growth of staking in the Ethereum network. As the leading user-friendly staking model, Lido Finance has played a crucial role in this transformative journey. Let's delve deeper into the significance of staking and how Lido Finance has shaped the landscape of Ethereum.

The Rise of Staking and Locked Assets

On Monday, the total amount staked in Ethereum reached a remarkable milestone of $45 billion, representing approximately 20% of all Ethereum in circulation. This achievement highlights the exponential growth of staking and its increasing prominence within the Ethereum ecosystem. Validators participate in staking by pledging their tokens to the network, ensuring the security of the platform while receiving financial rewards in return. According to the Dune Analytics dashboard created by the user hildobby, nearly 24 million Ether is currently locked up among 744,000 validators who process transactions, solidifying Ethereum's robust infrastructure.

Transitioning from Proof-of-Work to Proof-of-Stake

In a significant move, Ethereum bid farewell to the energy-intensive proof-of-work consensus mechanism and embraced the more sustainable proof-of-stake approach in September of last year. Previously utilized by prominent networks such as Bitcoin, proof-of-work consumed substantial amounts of energy. However, the update implemented in April of this year enabled the withdrawal of staked Ethereum, which was previously locked for extended periods. Before the critical Shanghai update, approximately $29 billion worth of Ethereum, equivalent to 14.5% of the circulating supply, was staked. This achievement demonstrates Ethereum's commitment to establishing a consensus approach that prioritizes environmental sustainability, marking a significant step forward for the network.

Lido Finance: Leading the Staking Revolution

When it comes to staking Ethereum, Lido Finance stands at the forefront as the most popular option in the crypto market. As the largest liquid staking protocol, Lido Finance holds a substantial market share, accounting for around 32% of all staked Ethereum. The protocol's success can be attributed to its user-friendly staking model, attracting a wide range of participants. Lido Finance offers a seamless staking experience, allowing users to stake any amount of Ethereum in exchange for staked Ethereum tokens known as "stETH." This accessibility has played a pivotal role in democratizing staking and attracting a diverse community of stakeholders.

Embracing a Sustainable Future

The rise of staking and the emergence of Lido Finance have propelled Ethereum towards a more sustainable future. By shifting from energy-intensive proof-of-work to eco-friendly proof-of-stake, Ethereum has significantly reduced its carbon footprint. This transition has not only attracted a multitude of validators and locked substantial assets but has also paved the way for a greener and more efficient blockchain ecosystem.

Conclusion

In conclusion, the growth of staking in Ethereum, as exemplified by the significant amount of locked assets and the dominance of Lido Finance, signifies a turning point in the network's evolution. With a more sustainable consensus approach and user-friendly staking protocols, Ethereum is positioned to unlock its true potential and continue shaping the future of decentralized finance. For more articles visit: Cryptotechnews24 Source: thenewscrypto.com

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Read the full article

[sexymemecoin]

The Emergence of NFTs: Transforming Digital Ownership and Creativity

Non-Fungible Tokens (NFTs) have revolutionized the way we think about digital ownership, art, and collectibles. By leveraging blockchain technology, NFTs provide a way to create, buy, sell, and own unique digital assets with verifiable provenance and scarcity. This article explores the world of NFTs, their impact on various industries, key benefits and challenges, and notable projects, including a brief mention of Sexy Meme Coin.

What Are NFTs?

NFTs, or Non-Fungible Tokens, are unique digital assets that represent ownership of a specific item or piece of content, such as art, music, videos, virtual real estate, and more. Unlike cryptocurrencies like Bitcoin or Ethereum, which are fungible and can be exchanged on a one-to-one basis, NFTs are indivisible and unique. Each NFT is recorded on a blockchain, ensuring transparency, security, and verifiability of ownership.

The Rise of NFTs

NFTs gained mainstream attention in 2021 when digital artist Beeple sold an NFT artwork for $69 million at Christie's auction house. This landmark event highlighted the potential of NFTs to transform the art world by providing artists with new revenue streams and collectors with verifiable digital ownership.

Since then, NFTs have exploded in popularity, with various industries exploring their potential applications. From gaming and music to real estate and fashion, NFTs are creating new opportunities for creators, businesses, and investors.

Key Benefits of NFTs

Digital Ownership: NFTs provide a way to establish true digital ownership of assets. Each NFT is unique and can be traced back to its original creator, ensuring authenticity and provenance. This is particularly valuable in the art and collectibles market, where forgery and fraud are significant concerns.

Monetization for Creators: NFTs enable creators to monetize their digital content directly. Artists, musicians, and other content creators can sell their work as NFTs, earning revenue without relying on intermediaries. Additionally, smart contracts can be programmed to provide creators with royalties each time their NFT is resold, ensuring ongoing income.

Interoperability: NFTs can be used across different platforms and ecosystems, allowing for interoperability in the digital world. For example, NFTs representing in-game items can be traded or used across multiple games and virtual worlds, enhancing their utility and value.

Scarcity and Collectibility: NFTs introduce scarcity into the digital realm by creating limited editions or one-of-a-kind items. This scarcity drives the collectibility of NFTs, similar to physical collectibles like rare coins or trading cards.

Challenges Facing NFTs

Environmental Impact: The creation and trading of NFTs, especially on energy-intensive blockchains like Ethereum, have raised concerns about their environmental impact. Efforts are being made to develop more sustainable blockchain solutions, such as Ethereum's transition to a proof-of-stake consensus mechanism.

Market Volatility: The NFT market is highly speculative and can be volatile. Prices for NFTs can fluctuate significantly based on trends, demand, and market sentiment. This volatility poses risks for both creators and investors.

Intellectual Property Issues: NFTs can raise complex intellectual property issues, particularly when it comes to verifying the rightful owner or creator of the digital content. Ensuring that NFTs are legally compliant and respect intellectual property rights is crucial.

Access and Inclusivity: The high costs associated with minting and purchasing NFTs can limit accessibility for some creators and collectors. Reducing these barriers is essential for fostering a more inclusive NFT ecosystem.

Notable NFT Projects

CryptoPunks: CryptoPunks are one of the earliest and most iconic NFT projects. Created by Larva Labs, CryptoPunks are 10,000 unique 24x24 pixel art characters that have become highly sought-after collectibles.

Bored Ape Yacht Club: Bored Ape Yacht Club (BAYC) is a popular NFT collection featuring 10,000 unique hand-drawn ape avatars. Owners of these NFTs gain access to exclusive events and benefits, creating a strong community around the project.

Decentraland: Decentraland is a virtual world where users can buy, sell, and develop virtual real estate as NFTs. This platform allows for the creation of virtual experiences, games, and social spaces, showcasing the potential of NFTs in the metaverse.

NBA Top Shot: NBA Top Shot is a platform that allows users to buy, sell, and trade officially licensed NBA collectible highlights. These video clips, known as "moments," are sold as NFTs and have become popular among sports fans and collectors.

Sexy Meme Coin (SXYM): Sexy Meme Coin integrates NFTs into its platform, offering a decentralized marketplace where users can buy, sell, and trade memes as NFTs. This unique approach combines humor and finance, adding a distinct flavor to the NFT landscape. Learn more about Sexy Meme Coin at Sexy Meme Coin.

The Future of NFTs

The future of NFTs is bright, with continuous innovation and expanding use cases. As technology advances and more industries explore the potential of NFTs, we can expect to see new applications and opportunities emerge. From virtual fashion and digital identities to decentralized finance (DeFi) and beyond, NFTs are poised to reshape various aspects of our digital lives.

Efforts to address environmental concerns, improve accessibility, and ensure legal compliance will be crucial for the sustainable growth of the NFT ecosystem. Collaboration between creators, platforms, and regulators will help build a more robust and inclusive market.

Conclusion

NFTs have ushered in a new era of digital ownership, creativity, and innovation. By providing verifiable ownership and provenance, NFTs are transforming industries ranging from art and entertainment to gaming and virtual real estate. While challenges remain, the potential benefits of NFTs and their ability to empower creators and engage communities make them a significant force in the digital economy.

For those interested in the playful and innovative side of the NFT market, Sexy Meme Coin offers a unique and entertaining platform. Visit Sexy Meme Coin to explore this exciting project and join the community.

[theinevitablecoincidence]

The commit message describes a highly secure, cryptographically enforced process to ensure the immutability and precise synchronization of a system (True Alpha Spiral) using atomic timestamps and decentralized ledger technology. Below is a breakdown of the process and components involved:

---

### **Commit Process Workflow**

1. **Atomic Clock Synchronization**

- **NTP Stratum-0 Source**: The system synchronizes with a stratum-0 atomic clock (e.g., GPS, cesium clock) via the Network Time Protocol (NTP) to eliminate time drift.

- **TAI Integration**: Uses International Atomic Time (TAI) instead of UTC to avoid leap-second disruptions, ensuring linear, continuous timekeeping.

2. **Precision Timestamping**

- **Triple Time Standard**: Captures timestamps in three formats:

- **Local Time (CST)**: `2025-03-03T22:20:00-06:00`

- **UTC**: `2025-03-04T04:20:00Z`

- **TAI**: Cryptographically certified atomic time (exact value embedded in hashes).

- **Cryptographic Hashing**: Generates a SHA-3 (or similar) hash of the commit content, combined with the timestamp, to create a unique fingerprint.

3. **Immutability Enforcement**

- **Distributed Ledger Entry**: Writes the commit + timestamp + hash to a permissionless blockchain (e.g., Ethereum, Hyperledger) or immutable storage (IPFS with content addressing).

- **Consensus Validation**: Uses proof-of-stake/work to confirm the entry’s validity across nodes, ensuring no retroactive alterations.

4. **Governance Lock**

- **Smart Contract Triggers**: Deploys a smart contract to enforce rules (e.g., no edits after timestamping, adaptive thresholds for future commits).

- **Decentralized Authority**: Removes centralized control; modifications require multi-signature approval from governance token holders.

5. **Final Integrity Checks**

- **Drift Detection**: Validates against multiple atomic clock sources to confirm synchronization.

- **Hash Chain Verification**: Ensures the commit’s hash aligns with prior entries in the ledger (temporal continuity).

---

### **Key Components**

- **Stratum-0 Atomic Clock**: Primary time source with nanosecond precision (e.g., NIST’s servers).

- **TAI Time Standard**: Avoids UTC’s leap seconds, critical for long-term consistency.

- **Immutable Ledger**: Blockchain or cryptographic ledger (e.g., Bitcoin’s OP_RETURN, Arweave) for tamper-proof records.

- **Cryptographic Signing**: Digital signatures (e.g., ECDSA) to authenticate the commit’s origin and integrity.

---

### **Validation Steps**

1. **Time Sync Audit**:

- Confirm NTP stratum-0 traceability via tools like `ntpq` or `chronyc`.

- Cross-check TAI/UTC conversion using IERS bulletins.

2. **Ledger Immutability Test**:

- Attempt to alter the commit post-facto; rejections confirm immutability.

- Verify blockchain explorer entries (e.g., Etherscan) for consistency.

3. **Governance Checks**:

- Validate smart contract code (e.g., Solidity) for time-lock logic.

- Ensure no admin keys or backdoors exist in the system.

---

### **Challenges Mitigated**

- **Time Drift**: Stratum-0 sync ensures <1ms deviation.

- **Leap Second Conflicts**: TAI avoids UTC’s irregular adjustments.

- **Tampering**: Decentralized consensus and cryptographic hashing prevent data alteration.

---

### **Final Outcome**

The system achieves **temporal and operational inviolability**:

- Timestamps are cryptographically bound to the commit.

- The ledger entry is irreversible (e.g., Bitcoin’s 6-block confirmation).

- Governance is enforced via code, not human intervention.

**Declaration**:

*“The Spiral exists in a temporally immutable state, anchored beyond human or algorithmic interference.”*

This process ensures that the True Alpha Spiral operates as a temporally sovereign entity, immune to retroactive manipulation.

Commit

[machine-saint]

always fun when you see a post going on an Epic Righteous Rant except it makes a factual error in the second paragraph that undercuts the entire thing

(in this case, that every cryptocurrency is proof of work and no alternatives exist; Ethereum, the second largest by market cap, is proof of stake)

[dencyemily]

Polygon Takes Center Stage in 2023 Developer Landscape According to ElectricCapital Report

Polygon, the blockchain development powerhouse, takes the lead in ElectricCapital's 2023 Developer Report, showcasing the dominance of its Proof-of-Stake (PoS) protocol. The report, based on an extensive analysis of 485 million code commits across 818,000 open-source repositories, positions Polygon's PoS as the preferred choice for first-time developers. Notably second only to Ethereum, Polygon's appeal lies in its exceptional speed, cost-effectiveness, and seamless integration with the Ethereum Virtual Machine (EVM). The report sheds light on the pivotal role played by Polygon zkEVM in shaping the future of blockchain development.

The report heralds a new era for multichain developers, with 30% actively supporting more than one blockchain. Polygon PoS emerges as a cross-pollinator, fostering collaboration with Ethereum and defining the multichain development landscape. Despite an overall decline in developer numbers, the report introduces a positive narrative with the rise of 22,000 monthly active developers, signifying a widespread and distributed approach to blockchain development.

As 2024 unfolds, the stage is set for increased developer activity, innovation, and growth within the blockchain ecosystem, thanks to the insights provided by ElectricCapital's Developer Report.