The Proof of Stake system does not provide a way to distribute coins at the initial, founding phase of a cryptocurrency. So, cryptocurrencies that use this system either begin with an ICO and sell their pre-mined coins, or begin with the Proof of Work system, and switch over later.
Australia's Science Agency Claims Breakthrough in Global Blockchain Test
Australian federal body CSIRO says a blockchain network it developed has achieved 30,000 transactions per second in a global test.
Online ID Control: Blockchain Platforms vs. Governments and Facebook
Blockchain-based ID platforms will give us data security and control, but at a cost to decentralization.
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