TRANZ-TAB-TEK TRIFECTAAnyway, this is getting pretty long at this point, so rather than just talking to myself further, I'll try to start the ball rolling with a discussion of some core high PoS assets that I call the "Tranz-Tab-Tek Trifecta," consisting of Hyperstake (HYP), Tekcoin (TEK), Bottlecaps (CAP), and HoboNickels (HBN). A brief discussion of each follows.
HYPERSTAKE (HYP) - 750% - PURE POSHYP is one of the newer high PoS coins, but it's notable for a few reasons. The first is that it has the highest stated PoS rate of any coin at 750%, even beating out stalwart Tekcoin (TEK)'s 500%. However, while I worried about the effects of compounding on the coin at the start, it seems that a lot of thought has gone into taking advantage of the coin's block times and staking parameters to make it where the long-run compounding of the coin will be close to the stated APR, and not some crazier level of inflation.
Developer Presstab has a financial background and I've learned a lot talking with him on the IRC about how things like max block rewards and daily number of blocks can be used to limit inflation. Co-founder David Latapie is also heavily involved in Monero (XMR), so there could be some potential interplay with that as well.
An interesting thing I see in HYP is that, due to it being a forked launch off of Truckcoin (TRK), a lot of the current HYP coins may be "lost" and not currently staking. I'm curious how the tradeable number of HYP's compare to the total 17M+ shown on the blockexplorer.
TEKCOIN (TEK) - 500% - POS/POWBefore HYP, TEK was one of my favorite high PoS coins. The only issue was that it was, and still sort of is, difficult to get a large position without moving the market. Recently, there were some issues with hard forks and staking, causing a high volume of low priced coins to appear on Comkort.
TEK is supposed to pay 40% every 30 days, making it one of the longest waiting periods of any high PoS coin. However, competing for blocks has caused that to drop to around 20%, which is still generous, but not as high.
I think even if the stake is permanently reduced, TEK could have value since it is one of the older PoS coins (1+ year old) and the current number of coins outstanding isn't that high (2.2M vs HYP's 17.6M). I also am more partial to the 30 day waiting period since it rewards holders vs traders.
BOTTLECAP (CAP) - 200% - POW/POSCAP is an older coin that was recently taken over by HBN developer Tranz. Both it and HBN are well over 1 year old, making them some of the oldest actively developed altcoins. Tranz is also considered one of the most prolific developers in the high PoS space, pioneering such developments as multiwallets and oddities such as Raspberry Pi minting.
Once Tranz announced he was taking over CAP, the price level rose rather decently and, more surprisingly, there was a HUGE buy wall that was actually guzzling up CAPs. I recall it was 30 BTC - 50 BTC, but I have no idea how much it actually bought. Regardless, if they haven't dumped, there is someone who still owns a TON of CAPs. Maybe it's Tranz
I'm curious as to what interplay there will be between HBN and CAP, if there is one at all. Tranz has stated that he will be pushing developments to HBN first, and CAP will receive updates second.
HOBONICKEL (HBN) - 100% - POW/POSHBN is the stalwart in this group and was the focus of TokyoGhetto's investment journal. From the start of that journal until now, HBN has had a roughly x10 increase in value from 5k to 50k sat and is now back to around where it started.
At this point I'm a little talked out since I've sort of stolen HBN's thunder and mentioned some of it's features/concepts in other coins.
Also, I was having 3 paragraphs for each coin, so my OCD is requiring me to do the same for this one even though there really isn't much value in this last block o' text