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Proof-of-Stake Could Lead to Crypto Banking. Let’s Avoid That

Proof-of-Stake Could Lead to Crypto Banking. Let’s Avoid That Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. ___________ With …

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A $3.3 Billion Claim: Has Cardano’s Blockchain ‘Solved’ Proof-of-Stake?

A $3.3 Billion Claim: Has Cardano’s Blockchain ‘Solved’ Proof-of-Stake? “Proof-of-stake is solved.” Even in an industry that’s seen no shortage of grand proclamations, those words, issued by entrepreneur Charles Hoskinson in April, grabbed attention. The CEO of blockchain firm IOHK (and one-time CEO of Ethereum), Hoskinson was seeking to send …

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