I currently don't have any POS coins but I'm actually very curious about them. Don't you usually need to hold large amounts of the coin in order to get anything from it? I don't know exactly how it works, but if staking coins is the way to get "chosen" to validate transfers and then receive the rewards, I'm assuming that it should become a process just as centralized as POW.
Are you getting anything from NEO, and if so, how much NEO do you need to hold in order to be able to get some gas out of it?
Ether will eventually become POS as well, and I do hold some ether, but I still think it wont be enough to get anything from it.
Are you getting anything from NEO, and if so, how much NEO do you need to hold in order to be able to get some gas out of it?
Ether will eventually become POS as well, and I do hold some ether, but I still think it wont be enough to get anything from it.
well im holding 36,5 NEO for now and i get around 0,36 GAS from it, also i hold it on market which pays dividends (GAS). Also you can calculate https://neotogas.com/ here.
about POS coins is that u need to have PC 24/7 online in order to POS coins, and for that you can get 3-10% on what u POS (not all coins have same %) also there is masternode which is batter payment from holding coins for POS here we talk about 10% but u must have decent amount of it also u need to make a code for masternode, some companys can do that for you for around 70-150$. So what im looking is to POS 3 coins at same time, why would you run PC 24/7 just for one right?
Thanks for explaining. That actually looks like a nice percentage back, for just holding some coins. I also don't really mind leaving my PC connected all night, so it's an interesting idea. I actually thought you would get much less, and like I said before, that you could probably nor earn anything from it, if you weren't holding enough coins.
I just didn't understood one thing. You said the % could vary. Does this depend on where you hold your coins? Is this almost like cloud mining? You deposit your coins in some platform, and they offer you that %? I'm thinking that they manage to pile a huge amount of coins that way, meaning that they probably will get selected to verify tx. They get their cut and they pay dividend to those who stack their coins on their wallet/platform or something like that.
If that is the way it works, how do you know it's safe?
no no, maybe i didnt say it right, i think it is fixed % for holding coins. Now yes is it safe? well there is little problem you can secure wallet with password right but for POS u must have unlocked wallet. But many of it it has a option Unlock wallet just for staking. So yeah i think it is pretty safe
so lets say that YOU have 1000$ in what POS coin would you invest?
