Advertisement
Canada markets closed

  • S&P/TSX

    21,873.72
    -138.00 (-0.63%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • CAD/USD

    0.7301
    +0.0003 (+0.04%)
     

  • CRUDE OIL

    82.74
    -0.07 (-0.08%)
     

  • Bitcoin CAD

    88,013.64
    -3,331.02 (-3.65%)
     

  • CMC Crypto 200

    1,383.93
    -40.17 (-2.82%)
     

  • GOLD FUTURES

    2,331.50
    -6.90 (-0.30%)
     

  • RUSSELL 2000

    1,995.43
    -7.22 (-0.36%)
     

  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     

  • NASDAQ futures

    17,467.75
    -196.75 (-1.11%)
     

  • VOLATILITY

    15.97
    +0.28 (+1.78%)
     

  • FTSE

    8,040.38
    -4.43 (-0.06%)
     

  • NIKKEI 225

    37,759.95
    -700.13 (-1.82%)
     

  • CAD/EUR

    0.6816
    -0.0003 (-0.04%)
     

Proof-of-Stake projects see a rise in interest as Cosmos Hub launches

Carol Gaszcz

Cosmos Hub launched just last month, and its popularity is growing. The solution offering blockchain interoperability has been available for less than a week, and four in five of the validator slots have been picked up, Diar writes. However, there are more Proof-of-Stake projects on the market—there are over 70 projects using PoS to some extent, and they have seen 40 per cent of their supply staked on average. According to Diar, almost $4 billion is staked, nearly half of it with EOS.

More PoS projects to be launched later this year, Diar reports. At least half a dozen blockchain PoS projects have already been announced.