Topic: POS Coins is attracting its investors rather than POW Coins (Read 183 times)
If we compare with POW and POS are better I think based on this POS is too fast and too efficient and user friendly so it is normal coins will be attracted by its features. So they may get more facilities and benefits.
This has to happen as POS coins are much better than POW ones in many ways. This has made the investors attracted towards it and I too personally support POS coins more.
Newbies, don't be attracted by this. Yes, POS coins were incredible ideas, and yes some of them are actually still good (and even Ethereum will switch partially to some form of POS). But honestly, they're not going to make you more money just because you open your computer and stake your wallets. Believe me, I know, I've tried.
Lost a lot of time, and the value more or less remained the same if I kept them in Bitcoin or others, (if not worse). So, no, POS doesn't make more money than POW.
Lost a lot of time, and the value more or less remained the same if I kept them in Bitcoin or others, (if not worse). So, no, POS doesn't make more money than POW.
Then I don't think you made sound choices in the coins you chose to stake. THey are comparing it to mining vs POS staking mining you will have to buy a lot of expensive hardware and the upfront investment is a lot, with pos it is not the case. If you chose a good coin and you invest in it whether a lot or a little you EVENTUALLY will have more money bc of course you didn't chose a shitcoin right? so in the future the price will be higher than your initial buy in price and you will have more coins so 2+2=4.....
POS system is very effective and it has many advantages over the POW system.POS system has the ability to protect the users from spamming problem which is not possible in POWE system. So within a short time POS will be able to attract more investors than POW coins.
I'm a huge fan of POS coins. I stake some $RAIN.
With POS rewards you can reinvest or average down your positions and stay flexible with your trading/investing game.
With POS rewards you can reinvest or average down your positions and stay flexible with your trading/investing game.
As I know pos system is already update many things and it far better than pow. Pow is efficient than pow. The most fantastic thing is it is less expensive and energy consuming. It will provide service in 24 hours.
Newbies, don't be attracted by this. Yes, POS coins were incredible ideas, and yes some of them are actually still good (and even Ethereum will switch partially to some form of POS). But honestly, they're not going to make you more money just because you open your computer and stake your wallets. Believe me, I know, I've tried.
Lost a lot of time, and the value more or less remained the same if I kept them in Bitcoin or others, (if not worse). So, no, POS doesn't make more money than POW.
That depends on how much coin that you have been staking it to through send them all to the staking address, Are you joking with me imagine when you are sending less than 1 coin to the staking address and do you hope to earn a lot from staking your coin? it's a joke. Lost a lot of time, and the value more or less remained the same if I kept them in Bitcoin or others, (if not worse). So, no, POS doesn't make more money than POW.
No one said anything about 1 coin but you're missing the point. 1 coin or 100 coins, you're not going to earn MORE than the percentake of staking returns. It can be 10% or 100% , like I said I've tried them all. Many coins I more than doubled my coins after staking all my wallet, some even tripled after a year or so, but the NET EFFECT was, as I got more coins, their value also dropped. POSW was my perfect experience. I even held so many pos coins in POSW and when they decided to close down, I was forced to sell all my coins, much more than when it started out, but I lost so much in BTC value.
What I'm saying is, of course it all looks easy passive income from staking. But everything is priced in. You earn more coins, but they become worth less.
Recently, the coin POS gradually accounted for the number of exploiters more than the POW. Because the POW is getting higher and harder. POS is the opposite. Anyone can exploit or even use a VPS. It is really much more convenient
Oh, yes. It is more attractive due to passive income from masternodes. It is an alternative bank deposit for investors, but it is more risky.
Okay, there is a list of certain ICO, which conducted campaigns bounty, to participate in them? It would be nice to create such a list.
I think the POS system is becoming more popurar than POW. Many coins and tokens use this process because it is fast and more efficient. You can also use your coin in many ways.
I like POS coins despite of everything.
Besides, there's many positive moments:
- No need for specialized hardware,
- energy-saving
- easy to maintain.
Besides, there's many positive moments:
- No need for specialized hardware,
- energy-saving
- easy to maintain.
From my point of view pos system is much more popular than pow system. As I know it work so fast also its more efficient than pow. The most important thing is it is energy consuming than mining and less expensive. I like it because it provide 24 hour service.
Proof of work (POW) is not interesting than POS or Proof of Stake. POS got more interest as it is not so difficult like solving math problems in mining, rather giving miners a good and easy way to invest and earn. This made POS more attractive in the market and it is being spread more And already gained major part of it.
POS has been the better one as compared to POW. And it is obvious that the better one will be able to attract the coins more. Also, POS is faster and is more efficient as well as user friendly. So, there is no doubt that it is the one attracting the coins the most.
I am very much in favour of the PoS systems. These provide an immediate value to the token holders which aligns perfectly with their investment and creates the use case of staking by default, independently of other chain uses.
Significant mining is needed for POW coins on the contrary, POS coins are very easy to mine. The POS coins also help earn easy fees as upon blocks, as they are created from the start, miners earn from fees of, transactions, in the block.
POS is attracting investors because of its simplicity. You don't need "strong" equipment and using too much electricity to mine coin. I really like POS rather than POW. It doesn't have the monopoly of the miner, everything becomes fair.
But POS have its own bad sides. It can even bring the market down once a holder decides to dump all of its coins. Another downside is that most of the POS nowadays are scam. They won't even be true to their words. Most of them will just run away and say goodbye to you if they have collected enough money.
POS is attracting investors because of its simplicity. You don't need "strong" equipment and using too much electricity to mine coin. I really like POS rather than POW. It doesn't have the monopoly of the miner, everything becomes fair.
Proof of Stake coins are more attractive for investors, that's true but there are still very solid proof of work coins in the market. It really depends on coin, which is better.
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