Proof of Stake

Why Raiblocks Needs to Implement Proof of Stake

The path to a decentralized network.

4 minute read

RaiBlocks and Centralized Consensus RaiBlocks may be the most fundamental change to cryptocurrencies since Bitcoin introduced the blockchain, and a lot of people are taking notice. Its market capitalization has grown from $26 million to over $2 billion in less than a month and it hasn’t even been listed on any of the major cryptocurrency exchanges yet. With growing interest comes growing skepticism. Instant transactions and no fees sounds too good to be true.