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Topic: ETH PoS repayment (Read 770 times)

sr. member
Activity: 333
Merit: 250
April 22, 2017, 09:19:38 PM
#11
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pos is bad in fact ethereum is not sure to go pos, they keep delaying it for a reason, i hope they remain with pow, or all the other coins will be unprofitable, because ETH currently is absorbign a very large hashrate that no other coin can handle
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POS masternode in ETH will great no more DRAMAs like in BTC mining where miners are bunch of assholes blocking progress to get edge with ASICBOOST - okay there is is one guy Jihan that keep whole system in stalemate Cheesy.

So longer i think ETH in POS is very attractive.
There will be no profitable coin to mine - hmm?
I think that is not ETH problem but miners/GPUfarms.
Miners have  few months to adopt they ar not taken by surprise.

Getting Jihan proof coin is VEERY GOOD news ETH price with masternodes will rocked for sure.
And master-nodes will solve government drama I am really disappointing how that is handled in BTC/LTC.
In LTC 12 people claim to be LTC governments and next upgrades have to be consult with them Cheesy...
Having like 2000+ master-nodes is much better voting system.
legendary
Activity: 3262
Merit: 3675
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April 22, 2017, 04:54:40 PM
#10
iam new user ethereum
is realy if ethereum pos coin, only hold coin in dekstop wallet can get rertun
i think ethereum only pow coin, only mining can get etherum without POS coin

It is PoW at this time, but it will be PoS Sometime at the end of this year or so...

Is not there a transfer of deadlines?
member
Activity: 104
Merit: 10
April 22, 2017, 10:43:14 AM
#9
iam new user ethereum
is realy if ethereum pos coin, only hold coin in dekstop wallet can get rertun
i think ethereum only pow coin, only mining can get etherum without POS coin

i have never used a POS coin myself but it is my understanding that the "reward" is not given to you just for having that coin in your wallet, you will have to be running the wallet as a full node and verify and  relay transactions in order to get that reward.
and running the wallet is not an easy or cheap thing to do both because of electricity and network traffic cost.

yes, you're tight. it's not economic if you just open the wallet and do nothing else. as for myself, I am running a blackcoin (full PoS) wallet on my computer, which runs utorrent to download 24x365 hours a year at the same time, therefore the power consumption is nothing to me. and it will be worthy to run the wallet as a full node if you are holding a considerable amount of coins, in this case the PoS reward may be higher than the energy charge. also you may run the wallet on a low-energy-consuming device like Raspberry Pi to save cost, if the wallet supports it.
legendary
Activity: 2590
Merit: 1022
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April 22, 2017, 10:13:22 AM
#8
Most crypto will use PoS soon, and also there is a new project that will replace mining with PoW

pos is bad in fact ethereum is not sure to go pos, they keep delaying it for a reason, i hope they remain with pow, or all the other coins will be unprofitable, because ETH currently is absorbign a very large hashrate that no other coin can handle

iam new user ethereum
is realy if ethereum pos coin, only hold coin in dekstop wallet can get rertun
i think ethereum only pow coin, only mining can get etherum without POS coin

i have never used a POS coin myself but it is my understanding that the "reward" is not given to you just for having that coin in your wallet, you will have to be running the wallet as a full node and verify and  relay transactions in order to get that reward.
and running the wallet is not an easy or cheap thing to do both because of electricity and network traffic cost.

no not as a full node, in fact i get stake even if i close the wallet, you just need to meet the minimum stake age, if a coin say that you need to have your coins in your wallet for 12 hours, after 12 hours with your coins there you begin to stake, it doesn't matter if you close or open the wallet, the blockchain will keep the tracking of the time
hero member
Activity: 2926
Merit: 567
April 22, 2017, 09:10:59 AM
#7
iam new user ethereum
is realy if ethereum pos coin, only hold coin in dekstop wallet can get rertun
i think ethereum only pow coin, only mining can get etherum without POS coin

It is PoW at this time, but it will be PoS Sometime at the end of this year or so...

I'm a big supporter of proof of stakes coin being a naive in mining,I prefer proof of stakes coin because it's easy no expensive hardware and very easy to understand the concept,if eth turnns to pos I will support and stakes eth
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
April 22, 2017, 05:30:42 AM
#6
iam new user ethereum
is realy if ethereum pos coin, only hold coin in dekstop wallet can get rertun
i think ethereum only pow coin, only mining can get etherum without POS coin

i have never used a POS coin myself but it is my understanding that the "reward" is not given to you just for having that coin in your wallet, you will have to be running the wallet as a full node and verify and  relay transactions in order to get that reward.
and running the wallet is not an easy or cheap thing to do both because of electricity and network traffic cost.
sr. member
Activity: 1666
Merit: 267
Earn bitcoins every hour, link below at signature.
April 22, 2017, 02:41:38 AM
#5
iam new user ethereum
is realy if ethereum pos coin, only hold coin in dekstop wallet can get rertun
i think ethereum only pow coin, only mining can get etherum without POS coin

It is PoW at this time, but it will be PoS Sometime at the end of this year or so...
hero member
Activity: 602
Merit: 501
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April 21, 2017, 07:11:33 PM
#4
iam new user ethereum
is realy if ethereum pos coin, only hold coin in dekstop wallet can get rertun
i think ethereum only pow coin, only mining can get etherum without POS coin
sr. member
Activity: 1666
Merit: 267
Earn bitcoins every hour, link below at signature.
April 21, 2017, 05:48:47 PM
#3
Most crypto will use PoS soon, and also there is a new project that will replace mining with PoW
hero member
Activity: 532
Merit: 500
April 17, 2017, 05:02:39 PM
#2
1-2% annually. But probably anywhere between 10-30% of all ether will be staked, therefore that % will increase.

Edit: i meant 1-2% inflation.
sr. member
Activity: 1666
Merit: 267
Earn bitcoins every hour, link below at signature.
April 17, 2017, 03:40:26 PM
#1
What is the PoS interest %  that ETH will provide once PoS is activated?
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