Topic: POS question (Read 260 times)
staking xGox. SO depending on the coin the stake rewards can vary but it will still average out to 1000% (xgox ROI) after 365 days
Is this a general question or specific to a particular coin?
Like all rules in crypto, rules change from coin to coin
Like all rules in crypto, rules change from coin to coin
PoS works in a different way. By stacking or locking up a portion of your holding, you are simply "eligible" to get rewarded once in a while (depending on your stack size). So basically, if you have a lot of Ether stacked in relation to other users, you will be most likely to be "chosen" as a validator and therefore receive a reward. That's quite similar if you come to think about it, as getting paid dividents from a corportaion, because the same thing is happening, you're holding stock (which you can't liquidate, just like Ether) and by holding these stocks you are elligible for a quarter divident payout, which will depend on the number of shares you have. It's really nice to see these two worlds (blockchain and traditional finance) merge and take ideas from one another (traditional companies implementing blockchain, and blockchain implementing traditional finance "techniques"). Make sure therefore to stack up as much Ether as you can, the more you'll have the more you'll be rewarded once PoS goes live.
This question is absolutely relative! Many coin require your coin to mature first before you start to see the reward! Staking could also be longer days. All of this depend on the parameters!
It depends on the coin.. The timing of stakes is very random. Some coins like LINDA have a crazy amount of variance in the actual amount you get paid as well as random timing, other coins are always the same amount (eg CRAVE is always .3333 crave) and others again like PIVX have a see saw algo choosing the amount based on the ratio of masternodes to stakers. The more stakers the less the reward.
Which coin are you asking about?
Not to sure where to post this but for when you are staking, do you get paid out in the same amount each time you stake or is it different random values that overall add up to the ROI% stated?
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