Hi I was wondering if I don't want interest in any of my coins. Is that possible? I am new to crypto and don't really understand this interest scenarios.
Hi,
there are at 2 possibilities to gain coins through calculation.
PoW (Bitcoin for an example) means: You do the calculations with your hardware and gaining coins. This calculations need much CPU/GPU power. So it means much power consumption. While coming to max supply, the difficulty increases and the coin output decreases by time. Also you as a miner got the task to verify the transactions.
PoS (Stealthcoin as an example) is the other way around: You open your wallet for staking. This way you lend coins to the blockchain (you stake), the blockchain itself generates a new block from the collected coins and gives you your lend coins back, plus the stake generated through the transaction fee.
Means: Very low power usage, the oldest notebook with at least one gb free ram could be used. You really gain coins, just by letting your wallet "unlocked for staking only" means no transaction is possible.
With Stealthcoin you are able to earn 20% p.a coins from the first coin on.
For any further questions, don't hesitate to contact us at
https://stealthcoin.herokuapp.com@sushi2k7
