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Topic: POS coins poll and information - page 10. (Read 14215 times)

legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
May 01, 2016, 11:47:18 AM
#35
Nevertheless, a N@S attack has never been successfully realized in the larger PoS currencies (NXT, Peercoin, BTS, Blackcoin ...). NXT has a "reorg-prohibition" that handles the problem successfully. Newer Peercoin versions and their clones have also mechanisms that disincentive staking on several chains.

a N@S attack never been successfully realized

nuff said;
$1M POS coins have a 'problem'
+$7000M POW coin can not challenge ... since 2014.

i used a period Wink
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
May 01, 2016, 07:30:57 AM
#34
Nothing at stake has been handled in 3 different ways,

1. Have a Coin with a Billion or more and this is never a problem.

2. Have extremely low minimum age , before the coins can stake again between 2 and 24 hours .

3. Run a Hybrid PoS/PoW coin, where PoW make up for any lack of stakers or PoS makes up for any lack of PoW miners.

That is not the "Nothing at stake" problem. It's not about "nobody is staking". Nothing at stake is a much more complex challenge: There are situations where "naive" PoS algorithms allow the participants to "stake" in several chains at the same time with no cost for the "staker", what makes possible an attack.

Nevertheless, a N@S attack has never been successfully realized in the larger PoS currencies (NXT, Peercoin, BTS, Blackcoin ...). NXT has a "reorg-prohibition" that handles the problem successfully. Newer Peercoin versions and their clones have also mechanisms that disincentive staking on several chains.
legendary
Activity: 1414
Merit: 1008
★Bitvest.io★ Play Plinko or Invest!
May 01, 2016, 04:39:00 AM
#33
Please add gamebet coin to the list , not only it is the best POS coin , it is gaining popularity  . I would say it is the best POS coin I am using right now . More over , it is being extensively used for betting on esports . So it has a lot of scope .

I have pretty much coins and I get staked coins very often . Very happy with it right now .
legendary
Activity: 1092
Merit: 1000
May 01, 2016, 03:45:23 AM
#32
Hasn't POS been shown to be inferior to PoW due to the nothing's at stake problem? Not trolling genuinely curious as to the status of this

Nope, merely myths propagated by BTC shrills.

Nothing at stake has been handled in 3 different ways,

1. Have a Coin with a Billion or more and this is never a problem.

2. Have extremely low minimum age , before the coins can stake again between 2 and 24 hours .

3. Run a Hybrid PoS/PoW coin, where PoW make up for any lack of stakers or PoS makes up for any lack of PoW miners.

 Cool

FYI:
Check out ZEIT's Block explorer (PoS only coin) over 34 Billion coins, our blocks stake on a more regular basis than even LTC or BTC.   Cheesy
https://chainz.cryptoid.info/zeit/

https://chainz.cryptoid.info/ltc/

BTC explorer => http://blockr.io/


hero member
Activity: 760
Merit: 500
Sativacoin (STV) Development Team
April 30, 2016, 05:11:48 PM
#31
Sativacoin-STV is Proof-of-Stake!!!  Wink
newbie
Activity: 26
Merit: 0
April 30, 2016, 05:09:26 PM
#30
Hasn't POS been shown to be inferior to PoW due to the nothing's at stake problem? Not trolling genuinely curious as to the status of this
Z00
newbie
Activity: 30
Merit: 0
April 30, 2016, 04:01:15 PM
#29
Unfortunately I can not participate on the poll or it is over.

From all I have learnt, NEM is the best PosCoin at the moment.
legendary
Activity: 1240
Merit: 1001
Thank God I'm an atheist
April 30, 2016, 03:14:59 PM
#28
NEM
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
April 30, 2016, 01:53:00 PM
#27
Added my vote for ZEIT, one of the first PoS coins with a fantastic dev and a long term vision. That last thing is not that usual in the crypto world and, thus, is an added value for me.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
April 30, 2016, 08:28:37 AM
#26
NXT and Bitshares. Both have interesting features (coloured coins, assets, Bitshares has "stable" assets, NXT has an integrated payment processor) and solid PoS algorithms which don't rely on centrally broadcasted checkpoints, like many PoS coins. BitShares is a bit more centralized because of its DPoS algorithm.

And NEM, but it uses a slightly different algorithm (Proof of Importance) which also takes into account the activity of the account.

Peercoin used to be on my list too, but its development is a bit slow and it still has centrally broadcasted checkpoints and no cold-storage minting. So until this does not change, no recommendation from me.

Nice, me too, I only keep NXT ant BitShares for investment. The others I try to trade. Haven't done real research about NEM, I'll take a look.

NXT and bitshares added. i heard a lot of good stuff about NXT too. i just dont know enough about it.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
April 30, 2016, 08:26:17 AM
#25
NXT and Bitshares. Both have interesting features (coloured coins, assets, Bitshares has "stable" assets, NXT has an integrated payment processor) and solid PoS algorithms which don't rely on centrally broadcasted checkpoints, like many PoS coins. BitShares is a bit more centralized because of its DPoS algorithm.

And NEM, but it uses a slightly different algorithm (Proof of Importance) which also takes into account the activity of the account.

Peercoin used to be on my list too, but its development is a bit slow and it still has centrally broadcasted checkpoints and no cold-storage minting. So until this does not change, no recommendation from me.

Nice, me too, I only keep NXT ant BitShares for investment. The others I try to trade. Haven't done real research about NEM, I'll take a look.
hero member
Activity: 654
Merit: 500
April 30, 2016, 08:13:32 AM
#24
Vcash ..not only you can staking with the client wallet....also can staking with the android wallet..yeehaa!
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
April 30, 2016, 08:05:24 AM
#23
hey guys, i want to ask something. is there any website like coinwallet? that site give us much list of coins but now is close. thank you
full member
Activity: 168
Merit: 100
April 30, 2016, 07:42:53 AM
#22
voted for peercoin in my opinion this is the first pos currency and that says it all! Cool
by the way, I don't know anything really about the various types of currencies. I need to look at the top of this list Wink
full member
Activity: 196
Merit: 100
April 30, 2016, 07:32:02 AM
#21
You can add PotCoin, uses POSv with 5% interest per year and stake min age of 8 hours, in the list the best stake coin is SwagBucks! Cheesy
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
April 30, 2016, 07:29:35 AM
#20
NXT and Bitshares. Both have interesting features (coloured coins, assets, Bitshares has "stable" assets, NXT has an integrated payment processor) and solid PoS algorithms which don't rely on centrally broadcasted checkpoints, like many PoS coins. BitShares is a bit more centralized because of its DPoS algorithm.

And NEM, but it uses a slightly different algorithm (Proof of Importance) which also takes into account the activity of the account.

Peercoin used to be on my list too, but its development is a bit slow and it still has centrally broadcasted checkpoints and no cold-storage minting. So until this does not change, no recommendation from me.
newbie
Activity: 23
Merit: 0
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
April 30, 2016, 01:17:32 AM
#18
@billotronic

cool info.  added to TALK thread.
legendary
Activity: 1610
Merit: 1000
Crackpot Idealist
April 29, 2016, 10:37:37 PM
#17
1. add hyperstake to your list

2. cloudstaking is stupid. control your keys and your coins. if you are that worried about it, buy a odroid c2 and set it up as a dedicated stake box. waaaay better in the long run.

added hyperstake and Decred to the poll list. thanks for the inputs.

i dont really know shit about cloudstaking yet. it just appealed to me initially because of the idea of having many stake coins in the cloud and not worrying about own computer resources. so maybe one must choose just a few coins to stake.

Get yourself one of these::

http://www.hardkernel.com/main/products/prdt_info.php?g_code=G145457216438

Mine is running 5 daemons right now with very little resources consumed, but obviously, mileage varies
sr. member
Activity: 389
Merit: 250
April 29, 2016, 05:58:59 PM
#16
Specifications

Proof of work


Algorithm: scrypt
Block reward: 1 BUCKS, no halving
Max height: 493,077 (Approximately 1 year, after this network will not accept PoW)


Proof of Stake

PoS without coin age
Max reorganization depth: 500 blocks
Block time: 64 seconds
Difficulty retarget: every block
PoS Reward: 1 BUCKS
Min transaction fee: 0.0001 BUCKS
Fees are paid to miners
Confirmations: 10, maturity: 50
Min stake confirmations: 50
P2P port: 1337, RPC port: 1338

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