The Proof-of-Stake (PoS) network is becoming increasingly adopted among major cryptocurrencies, with more and more are actively transitioning to it.
Almost every major cryptocurrency now has a plan to transition to PoS, according to Ethereum founder Vitalik Buterin, who revealed in a recent interview with UpOnly that Dogecoin also aims to transition to a Proof-of-Stake network with community staking.
The Ethereum founder said:
“Every major cryptocurrency except for one has an active plan to switch to Proof-of-Stake. I guess the arguments will be even easier to make once you know Ethereum is Proof-of-Stake and once you know Dogecoin’s plans are further along and Zcash plans further along.”