Topic: New altcoins - where is any POS one? (Read 1233 times)
because Proof of Work is so 2013
Pretty much every new altcoin nowadays is a POS.
haha
I think Zeitcoin and Faircoin are POS. And Karma in a couple of days.
check Coinsource coin
We have a large influx of POS cryptos lately.
A lot of people came here and don't have any big mining equipment. The freely or IPO (Do so with caution though) ones are good points of entry for newbies.
Especially the completly free ones.
Informationcoin is one of them. It's about to launch. Maybe you want to check on it.
A lot of people came here and don't have any big mining equipment. The freely or IPO (Do so with caution though) ones are good points of entry for newbies.
Especially the completly free ones.
Informationcoin is one of them. It's about to launch. Maybe you want to check on it.
Mintcoin only had 27% generated through POW. Now it's pure POS and the remaining 73% will be generated through energy efficient, environment friendly POS minting. The future of cryptos!
What happens after the other 73% are mined via PoS
But who knows, its about 40 years in the future, things may change...
Mintcoin only had 27% generated through POW. Now it's pure POS and the remaining 73% will be generated through energy efficient, environment friendly POS minting. The future of cryptos!
What happens after the other 73% are mined via PoS
Mintcoin only had 27% generated through POW. Now it's pure POS and the remaining 73% will be generated through energy efficient, environment friendly POS minting. The future of cryptos!
Mintcoin was the first thing that popped into my mind. It's sill in PoW stage but will be shifting over to PoS in a couple of weeks.
BlackCoin
Blackcoin is actually better than pure-POS. The initial POW gives a nice distribution among miners, but after a week the mining is over and energy-efficient POS kicks in. I like that idea.
So many new coins and no one has POS... We need a new coin with POS, not only POW!
Why do you want POS? Its a gimmick.
For example a coin that gives you 5% for free, it gives EVERYONE that 5% for free. Basically it means the coin is guaranteed to lose min 5% every year. That 5% is in addition to any goins or losses. So if a coin with 5% POS goes up 17% for example in a year, then without POS it would've gone up 22%.
Thats not correct, the biggest wallets are on exchanges, they are not generating PoS-blocks, pools with separate wallets are not generaing PoS-blocks too, not everyone is wating for PoS-blocks without moving coins out of their wallet, not every wallet is opened for PoS every stake period...etc
The total amount of PoS-generated coins is insignificant compared to PoW even on coins with high ROI such as HoboNickels.
So many new coins and no one has POS... We need a new coin with POS, not only POW!
Why do you want POS? Its a gimmick.
For example a coin that gives you 5% for free, it gives EVERYONE that 5% for free. Basically it means the coin is guaranteed to lose min 5% every year. That 5% is in addition to any goins or losses. So if a coin with 5% POS goes up 17% for example in a year, then without POS it would've gone up 22%.
The idea with cash is that POS slowly replaces POW, so the mining / minting of the coin does not just become the domain of those that can spend thousands on mining rigs like bitcoin is now, but by using POW to start with before ASICs get here it allows the wealth to be spread unlike when NXT was first released.
https://bitcointalksearch.org/topic/anncash-crypto-cash-proof-of-stake-coin-control-on-cryptsy-0-premine-424421
So many new coins and no one has POS... We need a new coin with POS, not only POW!
Why do you want POS? Its a gimmick.
For example a coin that gives you 5% for free, it gives EVERYONE that 5% for free. Basically it means the coin is guaranteed to lose min 5% every year. That 5% is in addition to any goins or losses. So if a coin with 5% POS goes up 17% for example in a year, then without POS it would've gone up 22%.
CASH, EBT are PoS think there are a few more new ones.
EBT is worth looking at. Some..interesting things happening with that coin.
BlackCoin
1% matures in 8 hrs.
Pretty much every new altcoin nowadays is a POS.
Mintcoin? CGB, PHS, GRW, TES? Okej PHS and CGB are not new but the others are.
Check out NEM, will Proof of Awesomeness.
haha n1 ^^
Check out NEM, will Proof of Awesomeness.
Jump to: